HBNC - NASDAQ

Horizon Bancorp, Inc.

HBNC·NASDAQ

$18.17

-2.5%

Financial ServicesBanks - Regional

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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$932.66M

EPS-3.1400

P/E Ratio-5.79

Earnings Date07/22/2026

6.44B

Assets

-17%

3Y-18.0%

5Y+9.0%

10Y+105.0%

5.75B

Total Liabilities

-18%

3Y-20.0%

5Y+11.0%

10Y+105.0%

688.25M

Total Equity

-10%

3Y+2.0%

5Y-1.0%

10Y+102.0%

Horizon Bancorp, Inc. Funding & Solvency Profile

HBNC · NASDAQ

Current Assets

Cash & Cash Equivalents66.81M

Net Receivables29.73M

Inventory0.00

Other Current Assets0.00

Total Current Assets100 M

Non-Current Assets

Property, Plant & Equipment92.81M

Goodwill & Intangible Assets162.39M

Long-Term Investments5.83B

Other Non-Current Assets-5.83B

Total Non-Current Assets93 M

Total Assets

6.44B

Financial Health Analysis

Current Ratio

1.14x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

8.35x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

12 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

2% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Horizon Bancorp, Inc. Balance Sheet

HBNC • NASDAQ

Horizon Bancorp, Inc. Balance Sheet	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
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	66.8M	294.2M	526.5M	126.3M	598.3M	258.7M	107.3M	74.2M	76.4M	70.8M	48.7M	43.5M	31.7M	30.7M	20.4M	15.7M	68.7M	38.7M	20M	53.2M
Short-Term Investments	3.9M	233.7M	547.3M	997.6M	1.2B	1.1B	841.1M	600.3M	509.7M	439.8M	445M	323.8M	508.6M	482.8M	431M	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	70.7M	527.8M	1.1B	1.1B	1.8B	1.4B	948.4M	674.6M	586.1M	510.7M	493.6M	367.2M	540.3M	513.5M	451.5M	15.7M	68.7M	38.7M	20M	53.2M
Net Receivables	29.7M	39.7M	38.7M	35.3M	26.1M	21.4M	18.8M	14.2M	13.1M	12.7M	10.5M	8.2M	7.5M	7.7M	6.7M	6.5M	6M	5.7M	5.9M	6.1M
Accounts Receivables	29.7M	39.7M	38.7M	35.3M	26.1M	21.4M	18.8M	14.2M	13.1M	12.7M	10.5M	8.2M	7.5M	7.7M	6.7M	6.5M	6M	5.7M	5.9M	6.1M
Total Current Assets	100.4M	567.6M	1.1B	1.2B	1.8B	1.4B	967.2M	688.8M	599.2M	523.4M	504.2M	375.5M	547.8M	521.3M	458.2M	22.2M	74.7M	44.4M	25.9M	59.3M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	92.8M	93.9M	94.6M	92.7M	93.4M	92.4M	92.2M	74.3M	75.5M	66.4M	60.8M	52.5M	46.2M	42.2M	34.7M	34.2M	30.5M	28.3M	24.6M	23.4M
Goodwill	155.2M	155.2M	155.2M	155.2M	154.6M	151.2M	151.2M	119.9M	119.9M	77.1M	49.6M	28.2M	19.7M	19.7M	5.9M	5.9M	5.8M	5.8M	5.8M	5.8M
Intangible Assets	7.2M	10.2M	13.6M	17.2M	20.9M	23M	26.7M	10.4M	12.4M	9.4M	7.4M	4M	3.3M	4M	2.3M	2.7M	1.4M	1.8M	2.1M	2.4M
Goodwill & Intangible Assets	162.4M	165.4M	168.8M	172.5M	175.5M	174.2M	177.9M	130.3M	132.3M	86.2M	57M	32.1M	23M	23.8M	8.2M	8.7M	7.2M	7.5M	7.9M	8.2M
Long-Term Investments	5.8B	6.7B	6.3B	6.1B	5.2B	4B	3.8B	3.2B	3B	2.3B	1.9B	1.5B	1.1B	1.2B	985.5M	1.3B	1.2B	1.2B	1.1B	1.1B
Other Non-Current Assets	-5.8B	243.9M	247.9M	312.1M	188.4M	213.3M	184.7M	146.6M	135M	142.7M	100.3M	82.9M	75.2M	74.8M	60.6M	61.3M	53.8M	46.9M	78.4M	40.3M
Total Non-Current Assets	255.2M	7.2B	6.8B	6.7B	5.6B	4.5B	4.3B	3.6B	3.4B	2.6B	2.1B	1.7B	1.2B	1.3B	1.1B	1.4B	1.3B	1.3B	1.2B	1.2B
Other Assets	6.1B	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
Total Assets	6.4B	7.8B	7.9B	7.9B	7.4B	5.9B	5.2B	4.2B	4B	3.1B	2.7B	2.1B	1.8B	1.8B	1.5B	1.4B	1.4B	1.3B	1.3B	1.2B
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	11.1M	22.2M	5.4M	2.2M	2.7M	3.1M	2M	886K	472K	507K	497K	506K	560K	596K	781K	1.1M	1.9M	2.4M	1.8M
Accounts Payable	0.0	11.1M	22.2M	5.4M	2.2M	2.7M	3.1M	2M	886K	472K	507K	497K	506K	560K	596K	781K	1.1M	1.9M	2.4M	1.8M
Short Term Debt	88.5M	89.9M	136M	272.6M	130.8M	109.5M	158.9M	193.8M	216.8M	143.5M	290.4M	234.7M	181.2M	231.1M	195.8M	0.0	0.0	142.2M	258.9M	83.8M
Other Current Liabilities	0.0	5.6B	5.7B	5.9B	5.8B	4.5B	3.9B	3.1B	2.9B	2.5B	1.9B	1.5B	1.3B	1.3B	1B	985.5M	951.7M	841.2M	893.7M	914M
Total Current Liabilities	88.5M	5.7B	5.8B	6.1B	5.9B	4.6B	4.1B	3.3B	3.1B	2.6B	2.2B	1.7B	1.5B	1.5B	1.2B	986.3M	952.8M	985.3M	1.2B	999.6M
NON-CURRENT LIABILITIES
Long Term Debt	316M	1.3B	899.8M	742.3M	697.5M	480.7M	447.1M	394.4M	386.5M	181M	191.7M	149.1M	107.5M	146.9M	204.9M	291.3M	311.9M	352.2M	27.8M	156.2M
Other Non-Current Liabilities	5.3B	80.3M	498.7M	317.1M	55.2M	70.4M	50.7M	25.1M	22M	4.2M	22.8M	15.9M	12.9M	16.5M	14.4M	11M	7.7M	-134M	5.4M	4.8M
Total Non-Current Liabilities	5.7B	1.3B	1.4B	1.1B	752.7M	551.1M	497.8M	419.5M	408.5M	185.2M	214.5M	165M	120.5M	163.4M	219.4M	302.4M	319.6M	218.2M	33.3M	161M
Capital Lease Obligations	0.0	0.0	0.0	0.0	0.0	0.0	2.2M	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
Total Liabilities	5.7B	7B	7.2B	7.2B	6.7B	5.2B	4.6B	3.8B	3.5B	2.8B	2.4B	1.9B	1.6B	1.7B	1.4B	1.3B	1.3B	1.2B	1.2B	1.2B
SHAREHOLDERS' EQUITY
Treasury Stock	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	-17.2M	-17.2M	-17.2M
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	12.5M	12.5M	12.5M	12.5M	12.5M	18.2M	24.3M	24.2M	0.0	0.0
Common Stock	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	1.1M	1.1M	1.1M	1.1M	1.1M
Additional Paid-In Capital	459.2M	363.8M	356.4M	354.2M	352.1M	362.9M	379.9M	276.1M	275.1M	182.3M	106.4M	45.9M	32.5M	32M	11.7M	11.5M	10M	9.7M	25.6M	25.2M
Retained Earnings	255M	436.1M	429M	429.4M	363.7M	301.4M	269.7M	224M	185.6M	164.2M	148.7M	134.5M	121.3M	105.4M	89.4M	80.2M	73.4M	67.8M	61M	54.2M
Accumulated Other Comprehensive Income/Loss	-26M	-36.3M	-66.6M	-106.2M	7.3M	27.9M	6.4M	-8.1M	-3.6M	-5.6M	-723K	1.5M	-1.7M	9.1M	7.8M	2.3M	5.7M	628K	63K	-1.5M
Other Total Stockholders' Equity	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	-1.1M	0.0	17.2M	0.0	2K
Total Stockholders' Equity	688.3M	763.6M	718.8M	677.4M	723.2M	692.2M	656M	492M	457.1M	340.9M	266.8M	194.4M	164.6M	159M	121.5M	112.3M	114.6M	103.4M	70.6M	61.9M
Total Equity	688.3M	763.6M	718.8M	677.4M	723.2M	692.2M	656M	492M	457.1M	340.9M	266.8M	194.4M	164.6M	159M	121.5M	112.3M	114.6M	103.4M	70.6M	61.9M
SUMMARY
Total Liabilities & Equity	6.4B	7.8B	7.9B	7.9B	7.4B	5.9B	5.2B	4.2B	4B	3.1B	2.7B	2.1B	1.8B	1.8B	1.5B	1.4B	1.4B	1.3B	1.3B	1.2B
Total Investments	5.8B	7B	6.9B	7.1B	6.3B	5.1B	4.7B	3.8B	3.5B	2.8B	2.4B	1.9B	1.6B	1.7B	1.4B	1.3B	1.2B	1.2B	1.1B	1.1B
Total Debt	404.5M	1.3B	1B	1B	828.3M	590.2M	606.1M	588.2M	601.8M	324.4M	482.1M	383.8M	288.8M	378.1M	400.8M	291.3M	311.9M	494.4M	286.7M	240M
Net Debt	337.7M	1.1B	507.3M	888.6M	230M	331.5M	498.8M	514M	525.4M	253.6M	433.5M	340.4M	257.1M	347.4M	380.3M	275.6M	243.2M	455.7M	266.7M	186.8M
Shares Outstanding	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694	44,653,694

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	View Filing
8-K 8-K 2026 N/A	May 08, 2026	May 07, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 22, 2026	April 22, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 01, 2026	April 01, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 20, 2026	March 20, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 18, 2026	March 17, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 13, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 04, 2026	March 04, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 26, 2026	January 20, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 21, 2026	January 21, 2026	2026	View Filing

Showing 1 to 10 of 545 filings

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