Horizon Bancorp, Inc. (HBNC) — Financial statements
Income statement, balance sheet, and cash flow for Horizon Bancorp, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 103↓71.0% | 355↑11.3% | 319↑14.8% | 278↑12.8% | 247 | |
| Cost of Revenue | 134↓22.9% | 173↑24.6% | 139↑300.6% | 35↑113.9% | 16 | |
| Gross Profit | -30↓116.7% | 182↑1.0% | 180↓25.9% | 243↑5.7% | 230 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 108↑16.2% | 93↑10.1% | 85↑2.2% | 83↑8.4% | 76 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 108↑16.2% | 93↑10.1% | 85↑2.2% | 83↑8.4% | 76 | |
| Other Expenses | 61↓1.3% | 61↑8.6% | 57↑3.0% | 55↑6.8% | 51 | |
| Operating Expenses | 169↑9.3% | 155↑9.5% | 141↑2.6% | 138↑7.7% | 128 | |
| Total Costs & Expenses | 303↓7.7% | 328↑17.0% | 280↑62.5% | 172↑19.7% | 144 | |
| Operating Results | ||||||
| Operating Income | -200↓829.5% | 27↓29.9% | 39↓63.1% | 106↑3.1% | 102 | |
| Depreciation & Amortization | 12↓3.2% | 12↑2.8% | 12↓8.6% | 13↓5.6% | 14 | |
| EBITDA | -188↓573.2% | 40↓22.2% | 51↓57.1% | 119↑2.0% | 116 | |
| EBIT | -200↓829.5% | 27↓29.9% | 39↓63.1% | 106↑3.1% | 102 | |
| Interest & Other Income | ||||||
| Net Interest Income | 229↑21.7% | 189↑7.3% | 176↓11.9% | 200↑13.5% | 176 | |
| Interest Income | 363↑1.8% | 356↑14.1% | 312↑32.3% | 236↑21.6% | 194 | |
| Interest Expense | 133↓20.6% | 168↑22.9% | 137↑274.0% | 37↑99.5% | 18 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -2 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | -201↓835.5% | 27↓29.9% | 39↓63.1% | 106↑3.1% | 102 | |
| Income Tax Expense | -51↓527.2% | -8↓173.3% | 11↓9.5% | 12↓20.7% | 15 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -150↓524.7% | 35↑26.6% | 28↓70.0% | 93↑7.3% | 87 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -150↓524.7% | 35↑26.6% | 28↓70.0% | 93↑7.3% | 87 | |
| Bottom-Line Net Income | -150↓524.7% | 35↑26.6% | 28↓70.0% | 93↑7.3% | 87 | |
| EPS (Basic) | -3.14↓487.7% | 0.81↑26.6% | 0.64↓70.1% | 2.14↑7.5% | 1.99 | |
| EPS (Diluted) | -3.15↓493.8% | 0.80↑25.0% | 0.64↓70.1% | 2.14↑8.1% | 1.98 | |
| Weighted Average Shares | 51↑16.6% | 44↑0.2% | 44↑0.1% | 44↓0.5% | 44 | |
| Weighted Average Diluted Shares | 51↑16.4% | 44↑0.5% | 44↑0.3% | 44↓0.6% | 44 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.