Horizon Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	309.38	291.07	244.54	173.5	155.73	174.26
Interest Income on Investments	57.46	65.41	67.76	62.53	38.38	25.71
Total Interest Income	366.84	356.48	312.31	236.03	194.11	199.97
Interest Paid on Deposits	105.2	115.04	85.86	17.81	7.87	18.56
Interest Paid on Borrowings	42.51	52.84	50.7	18.71	10.44	15.88
Total Interest Expense	147.7	167.88	136.56	36.52	18.31	34.44
Net Interest Income	219.14	188.6	175.74	199.52	175.81	165.53
Net Interest Income Growth (YoY)	23.29%	7.32%	-11.92%	13.49%	6.21%	2.95%
Trust Income	5.25	5.39	5.08	5.38	7.42	9.15
Gain (Loss) on Sale of Investments	-338.68	-39.14	-32.05	-	0.91	4.3
Other Non-Interest Income	18.82	19.56	19.83	22.66	17.9	14.8
Total Non-Interest Income	-296.87	2.97	9.4	46.81	54.59	63.81
Non-Interest Income Growth (YoY)	-	-68.41%	-79.91%	-14.26%	-14.45%	49.54%
Revenues Before Loan Losses	-77.73	191.58	185.15	246.33	230.4	229.34
Provision for Loan Losses	1.44	5.39	2.46	-1.82	-2.08	20.75
Revenue	-79.17	186.19	182.69	248.14	232.48	208.59
Revenue Growth (YoY)	-	1.91%	-26.38%	6.74%	11.45%	3.53%
Salaries and Employee Benefits	90.55	83.66	77.22	77.81	72.23	69.15
Occupancy Expenses	13.58	13.38	13.36	13.32	12.54	12.81
Federal Deposit Insurance	5.04	5.03	3.88	2.56	2.38	1.86
Amortization of Goodwill & Intangibles	3.18	3.4	3.61	3.7	3.64	3.72
Selling, General & Administrative	32.42	32.74	27.8	25.74	22.45	20.88
Other Non-Interest Expense	31.54	20.62	20.42	20.08	20.15	17.61
Total Non-Interest Expense	176.31	158.84	146.28	143.2	133.39	126.03
EBT Excluding Unusual Items	-255.48	27.35	36.41	104.94	99.09	82.56
Asset Writedown	-	-	2.59	-	2.58	-4.45
Pretax Income	-255.78	27.35	39	105.58	102.45	78.37
Income Tax Expense	-67.5	-8.08	11.02	12.18	15.36	9.87
Net Income	-188.29	35.43	27.98	93.41	87.09	68.5
Net Income to Common	-188.29	35.43	27.98	93.41	87.09	68.5
Net Income Growth	-	26.62%	-70.04%	7.25%	27.14%	2.95%
Basic Shares Outstanding	45	44	44	44	44	44
Diluted Shares Outstanding	45	44	44	44	44	44
Shares Change (YoY)	1.38%	0.50%	0.33%	-0.58%	-0.38%	1.21%
EPS (Basic)	-4.22	0.81	0.64	2.14	1.99	1.56
EPS (Diluted)	-4.22	0.80	0.64	2.14	1.98	1.55
EPS Growth	-	25.00%	-70.09%	8.08%	27.74%	1.32%
Dividend Per Share	0.640	0.640	0.640	0.630	0.560	0.480
Dividend Growth	-	-	1.59%	12.50%	16.67%	4.35%
Effective Tax Rate	-	-	28.25%	11.53%	14.99%	12.59%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q