Heartland Financial USA INC: directors' dealings · United States · SEC (Form 4)

About Heartland Financial USA INC

Heartland Financial USA Inc. (HTLF) was a U.S. regional banking group that was listed on the NASDAQ market in the United States before its acquisition by UMB Financial Corporation. The company was originally formed in Iowa in 1981 and later reincorporated in Delaware in 1993. Its long-standing headquarters were in Dubuque, Iowa, which became a core part of the company’s identity as a relationship-oriented community and regional bank. Over time, HTLF built a multi-bank holding company model, operating through locally recognized banking brands and a decentralized footprint designed to preserve customer proximity while benefiting from a centralized holding-company platform. From a business perspective, Heartland Financial USA Inc. focused on commercial banking, small business banking, and consumer banking services. Its product set included deposit products, commercial loans, mortgage and consumer lending, treasury management, liquidity services, and other traditional banking solutions for individuals, small businesses, and middle-market companies. This mix positioned HTLF squarely within the U.S. regional banking universe, where competition is based on client relationships, local market knowledge, credit discipline, and the ability to serve multiple customer segments through branch networks and regional brands. Historically, the company pursued a steady consolidation strategy, using acquisitions to broaden its geographic reach and increase scale. The most important recent corporate event was the completion of UMB Financial Corporation’s acquisition of Heartland Financial USA Inc. on January 31, 2025. As a result, HTLF ceased to exist as an independent listed company. UMB’s public disclosures indicated that the transaction added substantial assets, loans, and deposits, and strengthened its presence across several Midwestern and Western U.S. markets. For investors and market participants, this means that HTLF should now be viewed primarily in a historical context, as an acquired banking platform rather than an active standalone public issuer. Prior to the transaction, HTLF was regarded as a well-established regional bank with a footprint centered in the Midwest and selected western states. Its strategic appeal came from the combination of local franchise strength, diversified banking services, and a disciplined approach to growth. In analyst terms, HTLF represented a classic U.S. regional banking story: a locally rooted institution that expanded through acquisition, sought operating leverage, and ultimately became part of a larger banking group. For French-speaking investors following U.S.-listed financial institutions, HTLF is therefore best understood as a former NASDAQ-listed regional bank from the United States with a long operating history, a diversified banking model, and a recently completed exit via acquisition.