Horizon Bancorp Earnings Call Transcripts
Fiscal Year 2026
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Q3 produced strong returns, a stable 4.37% NIM, balanced loan and core deposit growth, and stable credit. FY26 guidance remains largely unchanged, with modest Q4 margin expansion expected.
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Q2 2026 saw strong net interest margin, robust fee income, and excellent credit trends, with commercial loan and deposit growth supporting capital ratios. Excluding a $3.1 million legal charge, expenses were stable and profitability remained high, with guidance reaffirming balanced growth and stable margins for H2 2026.
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First quarter results showed strong profitability, stable margins, and robust deposit and commercial loan growth. Guidance for 2026 remains unchanged, with management confident in continued organic growth and disciplined capital deployment.
Fiscal Year 2025
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Fourth quarter results exceeded expectations with strong loan growth, expanding margins, and excellent credit quality. 2026 guidance calls for continued mid-single-digit loan and deposit growth, stable margins, and robust capital generation, with organic growth as the primary focus.
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Balance sheet repositioning drove net interest margin expansion and improved risk profile, with non-recurring losses from securities and loan sales offset by reserve releases. Commercial loan growth remains strong, credit quality is stable, and 2026 guidance projects durable returns and capital generation.
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Q2 2025 saw strong loan growth, margin expansion, and a 58% EPS increase year-over-year, driven by commercial lending and disciplined expense management. Credit quality remained excellent, capital ratios improved, and guidance calls for continued net interest income growth and stable expenses.
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Net interest margin expanded to 3.04% in Q1 2025, with strong commercial loan growth and a $7 million gain from the mortgage warehouse sale. Expense control and capital strength support a positive outlook, with mid-teens net interest income growth expected for 2025.
Fiscal Year 2024
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Fourth quarter saw robust loan growth, margin expansion, and improved credit metrics, with strategic actions positioning for further profitability in 2025. Guidance calls for mid-single-digit loan growth, margin improvement, and disciplined expense management, while capital deployment options include buybacks and potential M&A.
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Positive net income growth in Q3 was driven by expanding net interest and fee income, stable deposits, and strong credit quality. Strategic actions, including securities sales and business simplification, are expected to boost profitability and capital metrics in 2025.
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Q2 2024 saw strong loan growth, margin expansion, and stable credit quality, with net interest income and fee income at the high end of guidance. Outlook for H2 2024 includes moderated loan growth, further NIM expansion, and disciplined expense management.