Horizon Bancorp (HBNC)
Community bank built through acquisitions, now concentrated on commercial lending across Indiana and Michigan.
$19.09
vs last close−0.09 (−0.50%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 91 | 62 | 94 | 96 | 101 | 63 | 105 | 101 | −204 | 101 | 98 | 101 |
| Cost of revenue | 38 | 43 | 43 | 44 | 45 | 41 | 38 | 39 | 31 | 26 | 25 | 26 |
| Gross profit | 53 | 19 | 52 | 52 | 56 | 22 | 67 | 63 | −235 | 75 | 73 | 75 |
| 35 | 38 | 36 | 36 | 38 | 44 | 39 | 38 | 52 | 41 | 41 | 44 | |
| 21 | 23 | 22 | 22 | 23 | 27 | 24 | 24 | 24 | 37 | 27 | 28 | |
| General & administrative | 21 | 23 | 22 | 22 | 23 | 27 | 24 | 24 | 24 | 37 | 27 | 28 |
| Other expenses | 14 | 15 | 15 | 15 | 15 | 17 | 15 | 14 | 28 | 4 | 13 | 16 |
| Operating income | 17 | −19 | 15 | 16 | 18 | −22 | 28 | 24 | −286 | 34 | 32 | 31 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −2 | 0 | 0 | |
| Interest income | 80 | 84 | 85 | 87 | 91 | 93 | 89 | 91 | 93 | 89 | 87 | 89 |
| Interest expense | 38 | 41 | 42 | 42 | 44 | 40 | 37 | 36 | 34 | 26 | 24 | 25 |
| Income before tax | 17 | −19 | 15 | 16 | 18 | −22 | 28 | 24 | −286 | 33 | 32 | 31 |
| Income tax expense | 1 | 6 | 1 | 2 | 0 | −11 | 4 | 4 | −64 | 6 | 6 | 6 |
| Net income from continuing operations | 16 | −25 | 14 | 14 | 18 | −11 | 24 | 21 | −222 | 27 | 26 | 25 |
| Net income | 16 | −25 | 14 | 14 | 18 | −11 | 24 | 21 | −222 | 27 | 26 | 25 |
| EPS, basic | $0.37 | −$0.58 | $0.32 | $0.32 | $0.42 | −$0.25 | $0.55 | $0.47 | −$4.69 | $0.53 | $0.51 | $0.49 |
| EPS, diluted | $0.37 | −$0.58 | $0.32 | $0.32 | $0.41 | −$0.25 | $0.54 | $0.47 | −$4.69 | $0.53 | $0.51 | $0.49 |
| Weighted average shares, basic | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 47 | 51 | 51 | 51 |
| Weighted average shares, diluted | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 47 | 51 | 51 | 51 |
| EBITDA | 20 | −16 | 18 | 19 | 21 | −19 | 31 | 27 | −281 | 35 | 36 | 31 |
| Depreciation & amortization | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 1 | 3 | 0 |
| EBIT | 17 | −19 | 15 | 16 | 18 | −22 | 28 | 24 | −286 | 34 | 32 | 31 |