Horizon Bancorp, Inc. (HBNC)

Horizon Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	229.48	188.6	175.74	199.52	175.81
Net Interest Income Growth	21.68%	7.32%	-11.92%	13.49%	6.21%
Non-Interest Income	-256.45	2.97	12	47.45	57.95
Non-Interest Income Growth	-	-75.24%	-74.72%	-18.12%	-2.80%
Revenues Before Loan Losses	-26.97	191.58	187.74	246.97	233.76
Provision for Credit Losses	1.9	5.39	2.46	-1.82	-2.08
Revenue	-28.86	186.19	185.28	248.79	235.84
Revenue Growth (YoY)	-	0.49%	-25.52%	5.49%	15.38%
Compensation Expenses	89.74	88.24	80.81	80.28	74.05
Selling, General & Admin	42.63	41.53	37.57	36.58	33.17
Other Non-Interest Expenses	39.93	29.06	27.91	26.34	26.18
Total Non-Interest Expense	172.29	158.84	146.28	143.2	133.39
Pretax Income	-201.15	27.35	39	105.58	102.45
Provision for Income Taxes	-50.67	-8.08	11.02	12.18	15.36
Net Income	-150.48	35.43	27.98	93.41	87.09
Net Income to Common	-150.48	35.43	27.98	93.41	87.09
Net Income Growth	-	26.62%	-70.04%	7.25%	27.14%
Shares Outstanding (Basic)	46	44	44	44	44
Shares Outstanding (Diluted)	46	44	44	44	44
Shares Change (YoY)	5.50%	0.50%	0.33%	-0.58%	-0.38%
EPS (Basic)	-3.24	0.81	0.64	2.14	1.99
EPS (Diluted)	-3.24	0.80	0.64	2.14	1.98
EPS Growth	-	25.00%	-70.09%	8.08%	27.74%
Free Cash Flow	74.28	1.28	81.16	87.95	104.91
Free Cash Flow Growth	5684.66%	-98.42%	-7.72%	-16.16%	43.73%
Free Cash Flow Per Share	1.60	0.03	1.85	2.01	2.39
Dividends Per Share	0.640	0.640	0.640	0.630	0.560
Dividend Growth	-	-	1.59%	12.50%	16.67%
Profit Margin	521.38%	19.03%	15.10%	37.55%	36.93%
FCF Margin	-257.35%	0.69%	43.80%	35.35%	44.48%
EBITDA	10.3	10.33	10.94	10.75	9.8
EBITDA Margin	-35.70%	5.55%	5.90%	4.32%	4.16%
Effective Tax Rate	25.19%	-29.54%	28.25%	11.53%	14.99%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q