Horizon Bancorp, Inc. (HBNC)
NASDAQ: HBNC · Real-Time Price · USD
20.69
-0.16 (-0.77%)
At close: Oct 28, 2026, 4:00 PM EDT
21.06
+0.37 (1.78%)
Pre-market: Oct 29, 2026, 4:02 AM EDT
Horizon Bancorp Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Interest Income on Loans | 309.66 | 309.87 | 291.07 | 244.54 | 173.5 | 155.73 |
Interest Income on Investments | 45.85 | 52.9 | 65.41 | 67.76 | 62.53 | 38.38 |
Total Interest Income | 355.52 | 362.78 | 356.48 | 312.31 | 236.03 | 194.11 |
Interest Paid on Deposits | 83.02 | 98.61 | 115.04 | 85.86 | 17.81 | 7.87 |
Interest Paid on Borrowings | 18.13 | 34.69 | 52.84 | 50.7 | 18.71 | 10.44 |
Total Interest Expense | 101.15 | 133.29 | 167.88 | 136.56 | 36.52 | 18.31 |
Net Interest Income | 254.37 | 229.48 | 188.6 | 175.74 | 199.52 | 175.81 |
Net Interest Income Growth | 16.08% | 21.68% | 7.32% | -11.92% | 13.49% | 6.21% |
Trust Income | 6.08 | 5.5 | 5.39 | 5.08 | 5.38 | 7.42 |
Gain (Loss) on Sale of Investments | -0.01 | -299.54 | -39.14 | -32.05 | - | 0.91 |
Other Non-Interest Income | 20.73 | 19.56 | 19.56 | 22.42 | 22.66 | 17.9 |
Total Non-Interest Income | 46.65 | -256.45 | 2.97 | 12 | 46.81 | 54.59 |
Non-Interest Income Growth | - | - | -75.24% | -74.37% | -14.26% | -14.45% |
Revenues Before Loan Losses | 301.02 | -26.97 | 191.58 | 187.74 | 246.33 | 230.4 |
Provision for Loan Losses | 4.24 | 1.9 | 5.39 | 2.46 | -1.82 | -2.08 |
| 296.78 | -28.86 | 186.19 | 185.28 | 248.14 | 232.48 | |
Revenue Growth | - | - | 0.49% | -25.33% | 6.74% | 11.45% |
Salaries and Employee Benefits | 91.65 | 88.12 | 83.66 | 77.22 | 77.81 | 72.23 |
Occupancy Expenses | 15.31 | 13.87 | 13.38 | 13.36 | 13.32 | 12.54 |
Federal Deposit Insurance | 3.96 | 5.1 | 5.03 | 3.88 | 2.56 | 2.38 |
Amortization of Goodwill & Intangibles | 2.68 | 3.04 | 3.4 | 3.61 | 3.7 | 3.64 |
Selling, General & Administrative | 29.58 | 31.08 | 33.94 | 29 | 25.74 | 22.45 |
Other Non-Interest Expense | 23.54 | 30.78 | 19.42 | 19.22 | 20.08 | 20.15 |
Total Non-Interest Expense | 166.72 | 171.99 | 158.84 | 146.28 | 143.2 | 133.39 |
EBT Excluding Unusual Items | 130.06 | -200.85 | 27.35 | 39 | 104.94 | 99.09 |
Asset Writedown | - | - | - | - | - | 2.58 |
Pretax Income | 130.06 | -201.15 | 27.35 | 39 | 105.58 | 102.45 |
Income Tax Expense | 23.4 | -50.67 | -8.08 | 11.02 | 12.18 | 15.36 |
Net Income | 106.66 | -150.48 | 35.43 | 27.98 | 93.41 | 87.09 |
Net Income to Common | 106.66 | -150.48 | 35.43 | 27.98 | 93.41 | 87.09 |
Net Income Growth | - | - | 26.62% | -70.04% | 7.25% | 27.14% |
Basic Shares Outstanding | 51 | 46 | 44 | 44 | 44 | 44 |
Diluted Shares Outstanding | 51 | 46 | 44 | 44 | 44 | 44 |
Shares Change | 14.73% | 5.50% | 0.50% | 0.33% | -0.58% | -0.38% |
EPS (Basic) | 2.09 | -3.24 | 0.81 | 0.64 | 2.14 | 1.99 |
EPS (Diluted) | 2.09 | -3.24 | 0.80 | 0.64 | 2.14 | 1.98 |
EPS Growth | - | - | 25.00% | -70.09% | 8.08% | 27.74% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 0.640 | 0.640 | 0.640 | 0.640 | 0.630 | 0.560 |
Dividend Growth | 0% | 0% | 0% | 1.59% | 12.50% | 16.67% |
Effective Tax Rate | 17.99% | - | - | 28.25% | 11.53% | 14.99% |