◆ TICKERBASEOpen interactive view →
◆ TICKERBASE · GLOBAL STOCK FINANCIAL DATA LIBRARY

HomeAll stocksH › HBNC

Horizon Bancorp (HBNC) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · BANKS - REGIONAL · DATA UPDATED 2026-09-18

Horizon Bancorp (HBNC) operates in the BANKS - REGIONAL industry and is headquartered in Michigan City, United States with about 465 employees. Its market capitalization is roughly $1 billion. In the fiscal year ended 2025-12-31, HBNC reported $103M in revenue and ($150M) in net income.

Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides commercial and retail banking services to individuals and corporate clients in Indiana and Michigan in the United States.

Interactive charts & full statements → Open the HBNC valuation workbench →

HBNC Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$95M$103M$355M$220M$278M$247M$254M$243M$194M$157M$136M$112M$98M$96M$96M$81M$85M$91M$84M$87M$79M
Gross Profit($12M)($30M)$182M$324M$243M$230M$199M$193M$160M$138M$114M$95M$81M$81M$78M$59M$53M$49M$44M$42M$41M
Gross Margin %-12.6%-29.5%51.2%147.1%87.5%93.4%78.3%79.6%82.2%88.0%83.6%84.8%83.3%84.0%81.3%73.1%61.9%54.2%51.9%48.1%51.7%
Operating Income (EBIT)($189M)($200M)$27M$39M$106M$102M$78M$80M$64M$48M$33M$28M$24M$27M$28M$17M$13M$11M$11M$11M$10M
Operating Margin %-198.0%-193.4%7.7%17.7%38.0%41.5%30.8%32.9%32.7%30.6%24.0%24.9%24.8%28.0%29.3%21.0%15.7%12.4%12.9%12.4%13.1%
Net Income($144M)($150M)$35M$28M$93M$87M$68M$67M$53M$33M$24M$21M$18M$20M$20M$13M$10M$9M$9M$8M$7M
Net Margin %-150.9%-145.9%10.0%12.7%33.6%35.3%26.9%27.4%27.4%21.1%17.5%18.4%18.5%20.7%20.4%15.8%12.3%10.1%10.7%9.3%9.5%
EBITDA($179M)($188M)$40M$39M$119M$116M$91M$90M$70M$54M$38M$32M$28M$30M$31M$20M$16M$14M$13M$13M$13M
Earnings Per Share (EPS)$-3.17$-2.93$0.80$0.64$2.14$1.98$1.55$1.53$1.38$0.95$0.79$0.85$0.85$0.98$1.05$0.75$0.62$0.55$0.55$0.50$0.46
Shares Outstanding (M)51M51M44M44M44M44M44M44M38M35M30M24M21M20M19M17M17M17M16M16M16M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HBNC Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$101M$98M$101M($204M)$101M$105M$63M$101M
Gross Profit$75M$73M$75M($235M)$63M$67M$22M$56M
Gross Margin %74.2%74.7%74.4%115.2%61.9%63.5%34.4%55.6%
Operating Income (EBIT)$31M$32M$34M($286M)$24M$28M($22M)$18M
Operating Margin %30.6%33.0%34.1%140.5%24.1%26.8%-34.8%17.9%
Net Income$25M$26M$27M($222M)$21M$24M($11M)$18M
Net Margin %24.8%26.7%26.7%109.0%20.4%22.8%-17.2%17.9%
EBITDA$31M$36M$35M($281M)$27M$31M($19M)$21M
Earnings Per Share (EPS)$0.49$0.51$0.53$-4.69$0.47$0.54$-0.25$0.41
Shares Outstanding (M)51M51M51M47M44M44M44M44M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HBNC Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$98M$79M$6M$89M$94M$105M$79M$175M$72M$49M$26M$35M$18M$47M$26M$22M$25M$15M$20M$18M($1M)
Capital Expenditures (CapEx)$3M$5M$5M$8M$6M$1M$6M$5M$3M$3M$1M$6M$6M$6M$7M$2M$2M$4M$5M$3M$4M
Free Cash Flow (FCF)$96M$74M$1M$81M$88M$104M$73M$170M$69M$46M$24M$30M$11M$41M$19M$20M$22M$11M$14M$15M($5M)
FCF Margin %
Dividends Paid$32M$29M$28M$28M$28M$25M$21M$21M$15M$12M$8M$6M$5M$4M$4M$3M$3M$3M$2M$2M$2M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HBNC Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$33M$21M$34M$11M$20M$15M($48M)$32M
Capital Expenditures (CapEx)$0M$0M$1M$2M$1M$1M$2M$1M
Free Cash Flow (FCF)$33M$21M$33M$9M$18M$14M($50M)$31M
FCF Margin %
Dividends Paid$8M$8M$8M$7M$7M$7M$7M$7M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HBNC Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$6.6B$6.4B$7.8B$7.9B$7.9B$7.4B$5.9B$5.2B$4.2B$4.0B$3.1B$2.7B$2.1B$1.8B$1.8B$1.5B$1.4B$1.4B$1.3B$1.3B$1.2B
Cash & Cash Equivalents$218M$67M$294M($519M)$126M$598M$259M$107M$74M$76M$71M$49M$43M$32M$31M$20M$16M$69M$39M$20M$53M
Total Liabilities$5.8B$5.7B$7.0B$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
Total Debt (Short + Long-Term)$602M$404M$1.3B$1.6B$2.0B$903M$650M$827M$1.1B$614M$324M$969M$267M$214M$263M$227M$31M$28M$483M$541M$240M
Total Shareholders' Equity$726M$688M$764M$719M$677M$723M$692M$656M$492M$457M$341M$267M$194M$165M$159M$121M$112M$115M$103M$71M$62M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive HBNC viewer.

Other Companies in BANKS - REGIONAL

← HBNBAll “H” companiesHBP →

About TickerBase · Data methodology & sources · Privacy · Terms

TickerBase is provided for educational and informational purposes only. It does not constitute financial, investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. No price targets are published; any per-share value shown in the valuation workbench is generated entirely from reader-supplied assumptions and is not the publisher's view of fair value. Past performance does not predict future results. Figures are approximate and drawn from public filings; one-time items are noted where identified. Do your own research and consult a licensed professional before making any investment decision. The author may or may not hold positions in the securities discussed.