HBNC · Horizon Bancorp Inc /In/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $2.87M | - | - | - | $2.48M | - | - | - | $2.65M | - |
| Operating Income | $32.34M | - | ($286.33M) | $24.40M | $28.08M | - | $18.11M | $15.87M | $15.30M | - |
| Interest Expense | - | - | - | - | - | - | - | - | $41.98M | - |
| Income Tax | $6.18M | - | ($64.34M) | $3.75M | $4.14M | - | ($75.0K) | $1.73M | $1.31M | - |
| Net Income | $26.17M | - | ($221.99M) | $20.64M | $23.94M | - | $18.18M | $14.14M | $13.99M | - |
| EPS - Basic | $0.51 | - | ($4.69) | $0.47 | $0.55 | - | $0.42 | $0.32 | $0.32 | - |
| EPS - Diluted | $0.51 | - | ($4.69) | $0.47 | $0.54 | - | $0.41 | $0.32 | $0.32 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $259.07M | $139.46M | $458.25M | $137.92M | $169.67M | $293.43M | $234.83M | $526.51M | $271.09M | $526.51M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $6.56B | $6.44B | $6.71B | $7.65B | $7.63B | $7.80B | $7.93B | $7.91B | $7.86B | $7.94B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | $248.59M | - | - | - | $1.23B | - | - | - | $1.35B |
| Total Liabilities | $5.87B | $5.75B | $6.05B | $6.86B | $6.85B | $7.04B | $7.17B | $7.19B | $7.13B | $7.22B |
| Stockholders' Equity | $699.03M | $688.25M | $660.77M | $790.85M | $776.06M | $763.58M | $754.82M | $726.66M | $721.25M | $718.81M |
| Retained Earnings | $272.94M | $255.00M | $236.31M | $466.50M | $452.94M | $436.12M | $454.05M | $442.98M | $435.93M | $429.02M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $20.76M | - | - | - | $15.24M | - | - | - | $6.54M | - |
| Investing Cash Flow | ($17.18M) | - | - | - | $38.86M | - | - | - | ($175.22M) | - |
| Financing Cash Flow | $116.03M | - | - | - | ($177.87M) | - | - | - | ($86.75M) | - |
| CapEx | $56.0K | - | - | - | $1.13M | - | - | - | $1.18M | - |
| Free Cash Flow | $20.71M | - | - | - | $14.12M | - | - | - | $5.37M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 0.79 | - | - | - | 0.59 | - | - | - | 0.38 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 19.1% | - | - | 15.4% | 14.7% | - | -0.4% | 10.9% | 8.6% | - |
| Return on assets | 0.4% | - | -3.3% | 0.3% | 0.3% | - | 0.2% | 0.2% | 0.2% | - |
| Return on equity | 3.7% | - | -33.6% | 2.6% | 3.1% | - | 2.4% | 1.9% | 1.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | 0.36 | - | - | - | 1.61 | - | - | - | 1.88 |
| Debt / Assets | - | 0.04 | - | - | - | 0.16 | - | - | - | 0.17 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | 0.4x | - |
| Equity multiplier | 9.39 | 9.35 | 10.16 | 9.68 | 9.83 | 10.22 | 10.50 | 10.89 | 10.89 | 11.05 |
| Liabilities / Assets | 0.89 | 0.89 | 0.90 | 0.90 | 0.90 | 0.90 | 0.90 | 0.91 | 0.91 | 0.91 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 32.5x | - | - | 32.7x | 27.9x | - | 37.9x | 38.7x | 40.1x | - |
| P / B | 1.2x | - | 1.1x | 0.9x | 0.9x | - | 0.9x | 0.7x | 0.8x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | 16.8x | - | - | - | 16.1x | - | - | - | 16.3x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 15.2% | - | - | 53.7% | 83.5% | - | 3.5% | -21.5% | -23.8% | - |
| Net income growth (YoY) | 9.3% | - | - | 46.0% | 71.1% | - | 12.2% | -24.6% | -23.2% | - |
| EPS growth (YoY) | -5.6% | - | - | 46.9% | 68.8% | - | 10.8% | -25.6% | -23.8% | - |
| EPS CAGR (3y) | 6.7% | - | - | -6.2% | 0.0% | - | -7.6% | -13.8% | -11.4% | - |
| EPS CAGR (5y) | 2.1% | - | - | 0.4% | 15.7% | - | -2.3% | -2.9% | 2.7% | - |
| FCF growth (YoY) | 46.7% | - | - | - | 163.0% | - | - | - | -77.9% | - |
| FCF CAGR (5y) | -8.0% | - | - | - | - | - | - | - | -30.6% | - |
| Book value growth (YoY) | -9.9% | -9.9% | -12.5% | 8.8% | 7.6% | 6.2% | 8.9% | 2.5% | 2.7% | 6.1% |
Peer comparison
Same SIC group: State Commercial Banks
Comparing HORIZON BANCORP INC /IN/ against the 5 most active filers in the same SIC group.
Dividends
$0.64/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 2, 2026 | $0.1600 |
| Jan 2, 2026 | $0.1600 |
| Oct 3, 2025 | $0.1600 |
| Jul 3, 2025 | $0.1600 |
| Apr 4, 2025 | $0.1600 |
| Jan 3, 2025 | $0.1600 |
| Oct 4, 2024 | $0.1600 |
| Jul 5, 2024 | $0.1600 |
| Apr 4, 2024 | $0.1600 |
| Jan 4, 2024 | $0.1600 |
| Oct 5, 2023 | $0.1600 |
| Jul 6, 2023 | $0.1600 |
| Apr 5, 2023 | $0.1600 |
| Jan 5, 2023 | $0.1600 |
| Oct 6, 2022 | $0.1600 |
| Jul 7, 2022 | $0.1600 |
| Apr 7, 2022 | $0.1500 |
| Jan 6, 2022 | $0.1500 |
| Oct 7, 2021 | $0.1500 |
| Jul 1, 2021 | $0.1300 |
| Mar 31, 2021 | $0.1300 |
| Jan 7, 2021 | $0.1200 |
| Oct 1, 2020 | $0.1200 |
| Jul 1, 2020 | $0.1200 |