HBNC - NASDAQ
Horizon Bancorp, Inc.
$18.17
-2.5%Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers various deposits. It also provides commercial, residential real estate, mortgage warehouse, and consumer loans. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; and sells various insurance products. It operates through a network of 78 full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.
At a Glance
Live SnapshotHorizon Bancorp, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
Horizon Bancorp, Inc. Income Statement
HBNC • NASDAQ
| Horizon Bancorp, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
103.2M | 355.4M | 319.3M | 278.1M | 246.6M | 254.4M | 242.8M | 194.2M | 156.6M | 136.4M | 111.6M | 97.7M | 96.1M | 95.6M | 80.9M | 85.2M | 90.5M | 84.1M | 87.3M | 78.8M | |
GROSS PROFIT | ||||||||||||||||||||
(133.6M) | (173.3M) | (139M) | (34.7M) | (16.2M) | (55.2M) | (49.5M) | (34.5M) | (18.9M) | (22.4M) | (17M) | (16.3M) | (15.4M) | (17.8M) | (21.8M) | (32.4M) | (41.5M) | (40.5M) | (45.3M) | (38M) | |
-30.4M | 182.1M | 180.3M | 243.4M | 230.3M | 199.2M | 193.2M | 159.7M | 137.8M | 114M | 94.6M | 81.4M | 80.7M | 77.7M | 59.1M | 52.8M | 49M | 43.6M | 42M | 40.8M | |
OPERATING INCOME | ||||||||||||||||||||
(169.1M) | (154.8M) | (141.3M) | (137.8M) | (127.9M) | (120.8M) | (113.4M) | (96.2M) | (89.8M) | (81.3M) | (66.8M) | (57.2M) | (53.8M) | (49.7M) | (42.1M) | (39.4M) | (37.8M) | (32.8M) | (31.1M) | (30.5M) | |
(108.4M) | (93.3M) | (84.7M) | (82.8M) | (76.4M) | (72.9M) | (65.5M) | (58.1M) | (52.4M) | (45.6M) | (39.2M) | (33.9M) | (32.1M) | (29.5M) | (24.1M) | (23.7M) | (27M) | (22.3M) | (17.2M) | (16.4M) | |
-199.5M | 27.4M | 39M | 105.6M | 102.4M | 78.4M | 79.8M | 63.6M | 48M | 32.7M | 27.8M | 24.3M | 26.9M | 28M | 17M | 13.4M | 11.2M | 10.8M | 10.9M | 10.3M | |
PRE-TAX INCOME | ||||||||||||||||||||
(133.3M) | (167.9M) | (136.6M) | (36.5M) | (18.3M) | (34.4M) | (47.5M) | (31.6M) | (16.4M) | (20.5M) | (13.9M) | (13.2M) | (13.5M) | (14.3M) | (16.5M) | (20.9M) | (27.9M) | (32.9M) | (42.3M) | (37.1M) | |
229.5M | 188.6M | 175.7M | 199.5M | 175.8M | 165.5M | 160.8M | 134.6M | 112.1M | 86M | 74.7M | 63M | 61.4M | 58.2M | 48.1M | 47.6M | 44.8M | 37.4M | 32.8M | 31.5M | |
(60.7M) | (61.5M) | (56.6M) | (54.9M) | (51.5M) | (47.9M) | (47.9M) | (38.1M) | (37.4M) | (35.7M) | (27.6M) | (23.3M) | (21.7M) | (20.3M) | (18M) | (15.6M) | (10.8M) | (10.5M) | (14M) | (14M) | |
-1.6M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-201.2M | 27.4M | 39M | 105.6M | 102.4M | 78.4M | 79.8M | 63.6M | 48M | 32.7M | 27.8M | 24.3M | 26.9M | 28M | 17M | 13.4M | 11.2M | 10.8M | 10.9M | 10.3M | |
NET INCOME | ||||||||||||||||||||
-50.7M | -8.1M | (11M) | (12.2M) | (15.4M) | (9.9M) | (13.3M) | (10.4M) | (14.8M) | (8.8M) | (7.2M) | (6.2M) | (7M) | (8.4M) | (4.2M) | (2.9M) | (2.1M) | (1.9M) | (2.7M) | (2.8M) | |
-150.5M | 35.4M | 28M | 93.4M | 87.1M | 68.5M | 66.5M | 53.1M | 33.1M | 23.9M | 20.5M | 18.1M | 19.9M | 19.5M | 12.8M | 10.5M | 9.1M | 9M | 8.1M | 7.5M |
SEC Filings
HBNC - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 22, 2026 | April 22, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 01, 2026 | April 01, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 20, 2026 | March 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 18, 2026 | March 17, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 13, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 04, 2026 | March 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 26, 2026 | January 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 21, 2026 | January 21, 2026 | 2026 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
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Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
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