DUBUQUE, Iowa (AP) _ Heartland Financial USA Inc. (HTLF) on Monday reported third-quarter net income of $55.9 million.

The Dubuque, Iowa-based bank said it had earnings of $1.27 per share. Earnings, adjusted for amortization costs, came to $1.31 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.

The multibank holding company posted revenue of $181.9 million in the period. Its revenue net of interest expense was $175.3 million, also surpassing Street forecasts.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HTLF at https://www.zacks.com/ap/HTLF

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