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Horizon Bancorp HBNC
$ 19.02 0.1%
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Quarterly report 2026-Q2
added 08-07-2026

Horizon Bancorp Income Statement 2025-2008 | HBNC

Brief overview of financial performance at Horizon Bancorp

This overview is based on financial performance over the past five years. The revenue attributed to Horizon Bancorp moved from 84.5 million dollars to 195 million dollars between the two endpoints. Overall revenue changed by +131.1%, equal to an annualized rate of about 18.2%. The trajectory reflects meaningful expansion of the business.

Net income changed from $18.1 million to $66.5 million (+267.6%). The latest figure was the best within the selected horizon.

Market value was $203 million at the start and $759 million at the end. Market value supported the favorable financial trajectory.

Financial takeaway

The financial direction is broadly positive, although industry context still matters. The constructive conclusion rests on revenue expansion and net-income growth. Further direction will depend on top-line growth, operating profitability, and net income.

Annual Income Statement Horizon Bancorp

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Market Cap

739 M 694 M 517 M 494 M 913 M 676 M 759 M 616 M 700 M 508 M 270 M 203 M 194 M 158 M 59.2 M 32.6 M - -

Shares

46.5 M 43.7 M 43.6 M 43.6 M 43.8 M 44 M 43.5 M 38.3 M 34.6 M 30 M 23.6 M 20.4 M 19.4 M 17.9 M 11.1 M 7.37 M - -

Historical Prices

15.9 15.9 11.8 11.3 20.9 15.3 17.7 14.3 16.5 16.3 10.7 9.58 9.15 6.96 3.99 4.41 3.72 4.35

Net Income

-150 M 35.4 M 28 M 93.4 M 87.1 M 68.5 M 66.5 M 53.1 M 33.1 M 23.9 M 20.5 M 18.1 M 19.9 M 19.5 M 12.8 M 10.5 M 9.14 M -

Revenue

- - - - - - 195 M 163 M 140 M 118 M 99.8 M 84.5 M 82.6 M 81.3 M 68.4 M - - -

Cost of Revenue

89.7 M 88.2 M 80.8 M 80.3 M 74.1 M 71.1 M 65.2 M 56.6 M 51.4 M 44 M 37.7 M 32.7 M 31 M 28.4 M 22.9 M 22.1 M 19.2 M -

Interest Expense

229 M 189 M 137 M 36.5 M 18.3 M 34.4 M 47.5 M 31.6 M 16.4 M 20.5 M 13.9 M 13.2 M 13.5 M 14.3 M 16.5 M 20.9 M 27.9 M -

EBITDA

10.3 M 10.3 M 10.9 M 10.8 M 9.8 M 9.4 M - - - - - - - - - 2.32 M 2.28 M -

Operating Expenses

- - - - - - 172 M 137 M 114 M 109 M 89 M 78 M 74 M 72 M 68 M - - -

General and Administrative Expenses

- - - - - - 73.9 M 64.9 M 58.3 M 50.9 M 43.5 M 37.5 M 35.2 M 32.2 M 31.4 M - - -

All numbers in USD currency

Quarterly Income Statement Horizon Bancorp

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

51.1 M 51 M 47.3 M 43.8 M 43.8 M 43.7 M 43.7 M 43.7 M 43.7 M 43.6 M 43.6 M 43.6 M 43.9 M 43.6 M 43.6 M 43.6 M 43.8 M 43.8 M 44 M 43.9 M 43.9 M 43.9 M 43.8 M 44.7 M 45 M 45 M 45 M 38.8 M 38.4 M 38.4 M 38.3 M 38.3 M 37.7 M 33.9 M 33.3 M 33.3 M 22.2 M 21.5 M 18.3 M 17.9 M 17.9 M 17.4 M 13.9 M 13.8 M 9.21 M 9.21 M 9.18 M 8.63 M 8.62 M 8.62 M 8.62 M 8.62 M 8.62 M 8.5 M 7.43 M 7.42 M 7.42 M 7.41 M 7.41 M 7.39 M

Net Income

24.9 M 26.2 M -222 M 20.6 M 23.9 M 18.2 M 14.1 M 14 M - 16.2 M 18.8 M 18.2 M - 23.8 M 24.9 M 23.6 M 21.4 M 23.1 M 22.2 M 20.4 M 21.9 M 20.3 M 14.6 M 11.7 M 18.5 M 20.5 M 20.5 M 10.8 M 13.1 M 13.1 M 14.1 M 12.8 M 7.65 M 8.17 M 9.07 M 8.22 M 5.6 M 6.6 M 6.33 M 5.38 M 6.18 M 4.29 M 4.73 M 5.36 M 4.95 M 4.96 M 4.78 M 3.42 M 4.12 M 4.78 M 5.66 M 5.31 M 5.17 M 4.85 M 4.91 M 4.61 M 3.52 M 3.42 M 3.09 M 2.76 M

Cost of Revenue

24.2 M 23.2 M 22.7 M 22.7 M 22.4 M 21.8 M 20.6 M 20.3 M - 20.1 M 20.2 M 18.7 M - 20.6 M 20 M 19.7 M - 18.9 M 17.7 M 16.9 M - 18.8 M 15.6 M 16.6 M - 16.9 M 48.4 M 14.5 M - 14.3 M 13.8 M 14.4 M - 12.9 M 12.5 M 11.7 M - 12.2 M 10.3 M 10.1 M - 10.7 M 8.38 M 8.5 M - 8.22 M 8.29 M 7.48 M - 7.69 M 7.72 M 7.5 M - 7.9 M 6.54 M 5.96 M - 6.08 M 5.47 M 5.36 M

Interest Expense

63.5 M 62.2 M 58.4 M 55.4 M 52.3 M 46.9 M 45.3 M 43.3 M - 42.1 M 46.2 M 26.6 M - 9.64 M 4.56 M 3.91 M 4.14 M 4.32 M 4.79 M 5.05 M 9.61 M 6.75 M 7.35 M 10.7 M 11.9 M 12.2 M 12.2 M 11.1 M 9.89 M 8.5 M 7.19 M 6.02 M 5.32 M 4.19 M 3.61 M 3.27 M 8.45 M 4.55 M 3.78 M 3.75 M 3.57 M 3.8 M 3.28 M 3.21 M 3.24 M 3.45 M 3.33 M 3.2 M 3.31 M 3.37 M 3.4 M 3.42 M 3.46 M 3.72 M 3.52 M 3.63 M 3.87 M 4.02 M 4.25 M 4.36 M

EBITDA

5.38 M 2.87 M 706 K 816 K 2.48 M 844 K 844 K 2.65 M - 903 K 903 K 2.6 M - 926 K 925 K 2.74 M - 6.85 M 4.61 M 2.32 M - 7.54 M 4.91 M 2.61 M - - 7.06 M 1.55 M - 5.04 M 3.3 M 1.81 M - 4.3 M 2.82 M 1.4 M - 3.79 M 2.46 M 1.18 M - 3.02 M 1.88 M 956 K - 2.81 M 1.8 M 844 K - 2.52 M 1.69 M 849 K - 1.99 M 1.3 M 646 K - 1.87 M 1.23 M 604 K

All numbers in USD currency

The income statement is one of the three key financial reports of a company Horizon Bancorp (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Banks regional industry

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C&F Financial Corporation C&F Financial Corporation
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Citizens Financial Group Citizens Financial Group
CFG
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ACNB Corporation ACNB Corporation
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Civista Bancshares Civista Bancshares
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Citizens Holding Company Citizens Holding Company
CIZN
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Capstar Financial Holdings Capstar Financial Holdings
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ChoiceOne Financial Services ChoiceOne Financial Services
COFS
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Columbia Banking System Columbia Banking System
COLB
$ 28.85 0.17 % $ 6.87 B usaUSA
Central Pacific Financial Corp. Central Pacific Financial Corp.
CPF
$ 36.32 0.32 % $ 978 M usaUSA
Republic First Bancorp Republic First Bancorp
FRBK
- -55.86 % $ 19.7 M usaUSA
Community West Bancshares Community West Bancshares
CWBC
$ 25.42 0.04 % $ 225 M usaUSA
Flagstar Bancorp Flagstar Bancorp
FBC
- -0.08 % $ 2.02 B usaUSA
CrossFirst Bankshares CrossFirst Bankshares
CFB
- - $ 784 M usaUSA
Deutsche Bank Aktiengesellschaft Deutsche Bank Aktiengesellschaft
DB
$ 35.87 0.71 % $ 68.2 B germanyGermany
FFBW FFBW
FFBW
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Eagle Bancorp Montana Eagle Bancorp Montana
EBMT
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The First of Long Island Corporation The First of Long Island Corporation
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- 0.25 % $ 268 M usaUSA
Enterprise Financial Services Corp Enterprise Financial Services Corp
EFSC
$ 59.85 0.13 % $ 2.21 B usaUSA
Eagle Bancorp Eagle Bancorp
EGBN
$ 28.06 0.14 % $ 852 M usaUSA
FNCB Bancorp FNCB Bancorp
FNCB
- - $ 133 M usaUSA
FB Financial Corporation FB Financial Corporation
FBK
$ 52.64 0.04 % $ 2.62 B usaUSA
First Bancorp First Bancorp
FBNC
$ 62.22 0.08 % $ 2.56 B usaUSA
First BanCorp. First BanCorp.
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First Commonwealth Financial Corporation First Commonwealth Financial Corporation
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$ 20.62 0.1 % $ 2.13 B usaUSA
Fidelity D & D Bancorp Fidelity D & D Bancorp
FDBC
$ 53.97 3.11 % $ 311 M usaUSA
First Financial Bancorp. First Financial Bancorp.
FFBC
$ 31.22 0.18 % $ 2.97 B usaUSA
First Financial Bankshares First Financial Bankshares
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$ 31.92 0.15 % $ 4.57 B usaUSA
First Guaranty Bancshares First Guaranty Bancshares
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First Horizon Corporation First Horizon Corporation
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First Interstate BancSystem First Interstate BancSystem
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$ 36.02 0.05 % $ 3.69 B usaUSA
Farmers & Merchants Bancorp Farmers & Merchants Bancorp
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First Mid Bancshares First Mid Bancshares
FMBH
$ 48.71 0.24 % $ 1.16 B usaUSA
Farmers National Banc Corp. Farmers National Banc Corp.
FMNB
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F.N.B. Corporation F.N.B. Corporation
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The First Bancorp The First Bancorp
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Franklin Financial Services Corporation Franklin Financial Services Corporation
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First Merchants Corporation First Merchants Corporation
FRME
$ 40.03 0.05 % $ 2.3 B usaUSA
FS Bancorp FS Bancorp
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$ 43.46 0.14 % $ 327 M usaUSA
First US Bancshares First US Bancshares
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$ 16.46 0.55 % $ 95.8 M usaUSA