Stocks › HBNC
Horizon Bancorp (IN) HBNC
US equityMarket cap rank #3174
$20.81 −$0.04 (-0.19%)
Market closed · Nov 7, 9:40 pm ET · Last extended-hours $20.81 0.00%
Open$20.66
Prev close$20.85
Day range$20.66 – $21.07
Volume269.8K
Market cap$1.06B
P/E (TTM)9.2
Dividend yield3.08%
Fundamentals
Latest reported quarter: Q3, ended Sep 2026
Revenue$75.58M+131.7% YoY
Net profit$28.67M+112.9% YoY
Diluted EPS$0.56+111.9% YoY
Free cash flow$31.34M+72.9% YoY
Operating cash flow$33.17M
Revenue, last 8 quarters
Net profit, last 8 quarters
Diluted EPS by quarter
Free cash flow by quarter
Annual revenue
Profitability & balance sheet
Net margin37.9%
Liabilities / assets89.4%
Cash & investments$205.19M
Total debt$306.79M
Net cash (debt)-$101.61M
Income statement
| Line item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 |
|---|---|---|---|---|---|
| Total Operating Revenue | $75.58M | $74.09M | $72.26M | -$31.31M | $73.76M |
| Net Interest Income | $65.16M | $63.49M | $62.24M | $229.48M | $63.48M |
| -Interest Income | $91.07M | $88.51M | $86.65M | $362.78M | $89.29M |
| -Interest Expense | $25.91M | $25.02M | $24.41M | $133.29M | $25.81M |
| Non-Interest Income | $10.43M | $10.60M | $10.02M | -$260.79M | $10.28M |
| -Total Premiums Earned | $385,000.00 | $345,000.00 | $333,000.00 | $1.42M | $360,000.00 |
| -Fees and Commissions | $7.33M | $7.47M | $7.63M | $29.73M | $7.58M |
| -Other Non-Interest Income | $597,000.00 | $1.20M | $967,000.00 | $2.80M | $1.04M |
| -Gain Loss on Sale of Assets | $2.12M | $1.58M | $1.09M | -$294.74M | $1.30M |
| Credit Losses Provision | -$1.30M | -$916,000.00 | -$391,000.00 | -$1.90M | -$1.63M |
| Non-Interest Expense | $40.01M | $42.43M | $39.53M | $167.65M | $39.43M |
| Occupancy and Equipment | $3.70M | $3.70M | $4.20M | $13.87M | $3.72M |
| Professional Expense and Contract Services Expense | $3.25M | $2.47M | $3.69M | $16.87M | $4.12M |
| Selling and Admin Expenses | $24.91M | $25.20M | $24.21M | $94.84M | $23.15M |
| -General & Admin Expense | $24.91M | $25.20M | $24.21M | $94.84M | $23.15M |
| Depreciation & Amortization & Depletion | $620,000.00 | $675,000.00 | $675,000.00 | $3.04M | $706,000.00 |
| -Depreciation & Amortization | $620,000.00 | $675,000.00 | $675,000.00 | $3.04M | $706,000.00 |
| Other Non-Interest Expenses | $7.52M | $10.38M | $6.75M | $39.02M | $7.74M |
| Pretax Profit | $34.28M | $30.74M | $32.35M | -$201.15M | $32.70M |
| Tax | $5.61M | $5.84M | $6.18M | -$50.67M | $5.77M |
| Net Profit | $28.67M | $24.91M | $26.17M | -$150.48M | $26.92M |
| Profit from Continuing Operations | $28.67M | $24.91M | $26.17M | -$150.48M | $26.92M |
| Net Income to Parent Company | $28.67M | $24.91M | $26.17M | -$150.48M | $26.92M |
| Net Income to Common Stockholders | $28.67M | $24.91M | $26.17M | -$150.48M | $26.92M |
| Basic EPS | $0.56 | $0.49 | $0.51 | -$3.24 | $0.53 |
| Diluted EPS | $0.56 | $0.49 | $0.51 | -$3.24 | $0.53 |
| Dividend Per Share | $0.16 | $0.16 | $0.16 | $0.64 | $0.16 |
| Special Income (Charges) | – | $0.00 | $0.00 | -$305,000.00 | $0.00 |
| -Less:Restructuring and Mergern & Acquisition | – | $0.00 | $0.00 | $305,000.00 | $0.00 |
| Other Income (Expense) | – | – | – | -$305,000.00 | – |
Balance sheet
| Line item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 |
|---|---|---|---|---|---|
| Total Assets | $6.59B | $6.57B | $6.56B | $6.44B | $6.44B |
| Cash, Cash Equivalents & Federal Funds Sold | $210.30M | $217.95M | $259.07M | $139.46M | $139.46M |
| -Cash and Cash Equivalents | $205.19M | $217.95M | $259.07M | $139.46M | $139.46M |
| -Money Market Investments | $5.11M | – | – | – | – |
| Securities Investment | $861.41M | $901.65M | $886.15M | $879.30M | $879.30M |
| -Trading Securities | $3.98M | $3.89M | $3.98M | $3.88M | $3.88M |
| -Short Term Investments | $857.43M | $529.96M | $521.07M | $509.95M | $509.95M |
| Net Loan | $4.96B | $4.91B | $4.84B | $4.84B | $4.84B |
| -Gross Loan | $5.01B | $4.96B | $4.89B | $4.89B | $4.89B |
| -Allowance for Loans and Lease Losses | $52.31M | $51.92M | $51.30M | $51.30M | $51.30M |
| Receivables | $27.34M | $30.38M | $29.02M | $29.73M | $29.73M |
| -Accounts Receivable | $27.34M | $30.38M | $29.02M | $29.73M | $29.73M |
| Net PPE | $92.13M | $90.94M | $90.76M | $92.81M | $92.81M |
| Goodwill and Other Intangible Assets | $160.42M | $161.04M | $161.72M | $162.39M | $162.39M |
| -Goodwill | $155.21M | $155.21M | $155.21M | $155.21M | $155.21M |
| -Other Intangible Assets | $5.21M | $5.83M | $6.51M | $7.18M | $7.18M |
| Bank-Owned Life Insurance | $37.80M | $37.41M | $37.07M | $36.73M | $36.73M |
| Federal Home Loan Bank Stock | $7.42M | $7.42M | $45.71M | $45.71M | $45.71M |
| Other Assets | $237.14M | $215.03M | $217.65M | $215.46M | $215.46M |
| Total Liabilities | $5.89B | $5.85B | $5.87B | $5.75B | $5.75B |
| Total Deposits | $5.48B | $5.40B | $5.42B | $5.28B | $5.28B |
| Federal Funds Purchased and Securities Sold Under Agreement to Repurchase | $23.99M | – | $66.00M | $88.64M | $88.64M |
| Payables | $6.49M | $10.86M | $8.54M | $12.89M | $12.89M |
| -Accounts Payable | $6.49M | $10.86M | $8.54M | $12.89M | $12.89M |
| Long Term Debt and Capital Lease Obligation | $306.79M | $379.09M | $315.83M | $315.85M | $315.85M |
| -Long Term Debt | $306.79M | $379.09M | $315.83M | $315.85M | $315.85M |
| Other Liabilities | $73.20M | $57.79M | $52.51M | $55.56M | $55.56M |
| Total Equity | $699.30M | $726.19M | $699.03M | $688.25M | $688.25M |
| Stockholders' Equity | $699.30M | $726.19M | $699.03M | $688.25M | $688.25M |
| Capital Stock | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| -Preferred Stock | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Additional Paid-In Capital | $461.30M | $460.61M | $459.80M | $459.24M | $459.24M |
| Retained Earnings | $310.02M | $289.59M | $272.94M | $255.00M | $255.00M |
| Gains/Losses Not Affecting Retained Earnings | -$72.01M | -$24.02M | -$33.71M | -$26.00M | -$26.00M |
| -Available for Sale Securities | – | $367.81M | $361.10M | $365.47M | $365.47M |
| -Held to Maturity Securities | – | – | – | $0.00 | $0.00 |
| -Gross PPE | – | – | – | $168.74M | $168.74M |
| -Accumulated Depreciation | – | – | – | -$75.93M | -$75.93M |
Cash flow
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Operating Cash Flow | $33.17M | $20.76M | $79.23M | $33.57M | $10.91M |
| Net cash flow from continuing operations | $33.17M | $20.76M | $79.23M | $33.57M | $10.91M |
| Net Income from Continuing Operations | $24.91M | $26.17M | -$150.48M | $26.92M | -$221.99M |
| Gain/Loss from Continuing Operations | -$1.58M | -$1.09M | $295.06M | -$1.30M | $305.25M |
| Depreciation & Depletion & Amortization | $3.03M | $3.45M | $12.40M | $1.20M | $5.28M |
| Other Non-Cash Items | -$2.79M | -$2.30M | -$6.25M | -$4.18M | -$985,000.00 |
| Change in Working Capital | $8.53M | -$5.22M | $8.06M | $90.74M | -$68.52M |
| -Change in Receivables | -$1.36M | $718,000.00 | $10.01M | -$975,000.00 | $10.97M |
| -Change in Payables and Accrued Expense | $2.33M | -$4.36M | $1.76M | $497,000.00 | -$1.61M |
| -Change in Other Current Assets | $2.00M | $1.23M | $21.87M | $94.87M | -$77.79M |
| -Change in Other Current Liabilities | $5.57M | -$2.82M | -$25.59M | -$3.65M | -$83,000.00 |
| Net cash flow from investing | -$47.53M | -$17.18M | $979.48M | -$46.27M | $1.04B |
| Net Cash Flow from Continuing Investing Activities | -$47.53M | -$17.18M | $979.48M | -$46.27M | $1.04B |
| Proceeds Payment in Interest Bearing Deposits in Bank | $0.00 | $0.00 | $735,000.00 | $0.00 | $0.00 |
| Net PPE Purchase and Sale | -$1.83M | -$56,000.00 | -$4.96M | -$943,000.00 | -$1.51M |
| Net Investment Purchase and Sale | -$3.31M | -$15.51M | $936.99M | $14.51M | $876.56M |
| Net Income from Loans | -$81.91M | -$2.17M | $35.00M | -$62.07M | $164.99M |
| Net Other Investing Changes | $39.51M | $555,000.00 | $11.71M | $2.23M | $184,000.00 |
| Financing Cash Flow | -$26.76M | $116.03M | -$1.21B | -$306.10M | -$730.81M |
| Net Cash Flow from Continuing Financing Activities | -$26.76M | $116.03M | -$1.21B | -$306.10M | -$730.80M |
| Change in Federal Funds and Securities Sold for Repurchase | $3.28M | -$22.46M | -$1.44M | $1.50M | -$8.12M |
| Increase/Decrease in Deposit | -$22.08M | $146.89M | -$325.24M | -$245.48M | -$178.86M |
| Net Issuance Payments of Debt | $0.00 | -$169,000.00 | -$950.38M | -$53.97M | -$634.40M |
| Cash Dividends Paid | -$8.23M | -$8.23M | -$29.49M | -$8.20M | -$7.08M |
| Proceeds from Stock Option Exercised | $283,000.00 | $0.00 | -$4.09M | $52,000.00 | -$292,000.00 |
| Ending Cash Balance | $217.95M | $259.07M | $139.46M | $139.46M | $458.26M |
| Net Change in Cash | -$41.12M | $119.61M | -$153.97M | -$318.80M | $320.34M |
| Beginning Cash Balance | $259.07M | $139.46M | $293.43M | $458.26M | $137.92M |
| Free Cash Flow | $31.34M | $20.71M | $74.28M | $32.63M | $9.40M |
| Deferred Tax | – | – | -$85.47M | – | – |
| Net Common Stock Issuance | – | – | $97.95M | $0.00 | – |
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