Export financials
Horizon Bancorp (HBNC)
The export includes the complete available history of financial statements and ratios. Numbers are provided in full, without million or billion abbreviations, in their original reporting units.
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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.