Horizon Bancorp Inc. (HBNC)

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14.56

-0.27 (-1.82%)

At close: Apr 25, 2025, 3:59 PM

14.38

-1.24%

Pre-market: Apr 28, 2025, 04:30 AM EDT

Horizon Bancorp Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	272.63M	312.81M	308.22M	266.48M	243.42M	238.53M	246.39M	253.57M	241.56M	243.38M	242.67M	234.46M	228.26M	228.66M	225.94M	222.63M	219.93M	210.55M	206.11M	205.06M	195.22M	184.68M	172.63M	163.21M	162.64M	161.57M	155.51M	148.72M	140.27M	130.49M	128.79M	123.96M	118.38M	115.32M	109.17M	103.5M
Cost of Revenue	-45.31M	-45.31M	-301K	-335K	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Gross Profit	317.95M	358.12M	308.52M	266.82M	243.42M	238.53M	246.39M	253.57M	241.56M	243.38M	242.67M	234.46M	228.26M	228.66M	225.94M	222.63M	219.93M	210.55M	206.11M	205.06M	195.22M	184.68M	172.63M	163.21M	162.64M	161.57M	155.51M	148.72M	140.27M	130.49M	128.79M	123.96M	118.38M	115.32M	109.17M	103.5M
Operating Income	32.16M	34.84M	34.22M	36.41M	64.66M	125.67M	140.21M	153.39M	138.65M	126.08M	125.51M	122.84M	120.75M	124.58M	124.51M	117.76M	112.81M	113.68M	119.08M	127.37M	127.38M	118.6M	105.97M	97.8M	95.16M	88.32M	79.03M	71.13M	64.34M	61.27M	60.15M	56.68M	53.25M	49.55M	45.25M	42.27M
Interest Income	281.15M	271.31M	260.55M	250.44M	312.31M	295.98M	278.88M	259.59M	239.87M	226.8M	214.64M	204.49M	200M	199.11M	198.39M	201.31M	205.38M	205.54M	211.11M	214.61M	208.33M	198.66M	185.22M	172.12M	166.17M	159.21M	149.01M	139.07M	128.48M	121.1M	117.99M	111.83M	106.53M	100.93M	95.55M	92.02M
Pretax Income	27.35M	30.49M	29.87M	34.21M	39M	81.61M	89.95M	98.57M	105.58M	107.28M	108.57M	105.68M	102.45M	100.8M	98.31M	89M	78.37M	76.97M	76.88M	80.19M	79.84M	73.05M	64.17M	61.13M	63.56M	61.3M	56.31M	52M	47.95M	41.76M	40.27M	36.63M	32.71M	33.89M	30.34M	27.87M
Net Income	35.43M	21.1M	19.12M	23.74M	27.98M	74.36M	81.98M	88.07M	93.41M	93.67M	92.92M	90.23M	87.09M	87.56M	84.8M	77.27M	68.5M	65.15M	65.37M	67.38M	66.54M	61.13M	53.66M	51.13M	53.12M	47.63M	42.74M	37.7M	33.12M	31.07M	29.5M	26.75M	23.87M	24.41M	22.07M	20.44M
Selling & General & Admin	101.93M	98.25M	96.58M	95.68M	84.69M	81.98M	87.3M	92.12M	98.39M	104.24M	101.6M	98.61M	94.84M	93.76M	92.93M	90.14M	89.45M	84.81M	81.97M	83.03M	82.09M	79.38M	76.72M	72.63M	70.15M	70.56M	70.05M	68.5M	65.35M	62.26M	62.05M	60.63M	58.8M	56.34M	54.93M	51.48M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	5.97M	-4.36M	-21.22M	10.22M	11.26M	103.19M	74.08M	28.33M	29.9M	-71.84M	-70.04M	-54.33M	-43.66M	44.66M	5.45M	15.28M	15.28M	12.56M	61.6M	61.6M	61.6M	52.37M	52.37M	52.37M	52.37M	47.16M	47.16M	47.16M	47.16M	43.71M	43.71M	43.71M	43.71M	36.56M	36.56M	36.56M
Operating Expenses	104.79M	96.1M	56.2M	65.19M	52.43M	39.8M	22.86M	2.93M	2.71M	3.37M	3.33M	3.64M	3.87M	4.09M	-22.27M	-22.34M	-22.35M	-22.83M	3.33M	3.42M	3.37M	3.35M	3.45M	3.23M	3.24M	3.8M	4.02M	4.17M	4.29M	4.55M	4.51M	4.72M	4.94M	4.26M	4.06M	3.97M
Interest Expense	163.01M	136.67M	130.72M	119.73M	109.19M	113.71M	85.31M	59.16M	36.52M	22.25M	16.94M	17.16M	18.3M	23.77M	26.2M	28.76M	34.44M	36.7M	42.2M	47.18M	47.54M	45.56M	41.81M	36.68M	31.6M	27.02M	22.72M	19.13M	16.38M	19.51M	19.88M	20.05M	20.54M	15.65M	14.9M	14.4M
Selling & Marketing Expenses	54.01M	54.01M	54.01M	27.17M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	240.61M	299.58M	259.69M	199.12M	120.1M	39.8M	22.86M	2.93M	2.71M	3.37M	3.33M	3.64M	3.87M	4.09M	-22.27M	-22.34M	-22.35M	-22.83M	3.33M	3.42M	3.37M	3.35M	3.45M	3.23M	3.24M	3.8M	4.02M	4.17M	4.29M	4.55M	4.51M	4.72M	4.94M	4.26M	4.06M	3.97M
Income Tax Expense	-8.08M	9.39M	10.75M	10.47M	11.02M	7.25M	7.98M	10.5M	12.18M	13.61M	15.65M	15.45M	15.36M	13.24M	13.51M	11.74M	9.87M	11.82M	11.5M	12.81M	13.3M	11.92M	10.51M	10M	10.44M	13.67M	13.57M	14.3M	14.84M	10.69M	10.77M	9.88M	8.8M	9.41M	8.17M	7.3M
Shares Outstanding (Basic)	43.72M	43.71M	43.71M	43.66M	43.65M	43.65M	43.64M	43.58M	43.57M	43.57M	43.57M	43.55M	43.53M	43.81M	43.95M	43.92M	43.86M	43.86M	43.78M	44.66M	44.97M	45.04M	45.06M	38.82M	38.37M	38.37M	38.35M	38.31M	37.71M	33.87M	33.26M	33.26M	33.23M	32.31M	27.4M	26.89M
Shares Outstanding (Diluted)	43.72M	44.11M	43.99M	43.87M	43.65M	43.8M	43.74M	43.74M	43.67M	43.7M	43.68M	43.73M	43.73M	43.96M	44.11M	44.07M	43.9M	43.9M	43.8M	44.76M	45.1M	45.11M	45.13M	38.91M	38.49M	38.37M	38.52M	38.47M	37.9M	34.07M	33.48M	33.49M	33.43M	32.48M	27.55M	27.02M
EPS (Basic)	0.81	0.48	0.43	0.54	0.64	1.71	1.89	2.03	2.15	2.15	2.13	2.06	1.98	1.99	1.92	1.75	1.55	1.46	1.46	1.50	1.52	1.45	1.33	1.33	1.38	1.24	1.14	1.04	0.96	0.93	0.90	0.86	0.81	0.87	0.82	0.82
EPS (Diluted)	0.80	0.47	0.43	0.54	0.64	1.70	1.88	2.02	2.14	2.15	2.12	2.05	1.97	1.98	1.92	1.75	1.55	1.46	1.46	1.50	1.52	1.45	1.33	1.33	1.38	1.24	1.14	1.04	0.96	0.93	0.89	0.85	0.80	0.86	0.82	0.81
EBITDA	56.24M	40.66M	42.98M	46.46M	28.03M	70.48M	78.95M	88.46M	118.3M	120.02M	121.44M	118.99M	115.34M	113.66M	110.62M	99.3M	88.96M	87.14M	87.95M	91.8M	90.39M	82.74M	72.07M	67.67M	70.37M	66.96M	61.72M	57.34M	52.88M	47.55M	45.9M	31.89M	19.21M	10.52M	n/a	n/a
EBIT	46.94M	31.33M	30.71M	34.21M	16.06M	58.67M	67.02M	75.63M	105.58M	107.28M	108.57M	105.68M	102.45M	100.8M	98.31M	89M	78.37M	76.97M	77.73M	81.05M	80.7M	73.91M	64.17M	61.13M	63.56M	60.29M	55.3M	50.99M	46.94M	41.76M	40.27M	26.4M	13.94M	5.6M	-4.73M	-4.38M
Depreciation & Amortization	8.35M	8.19M	10.84M	10.99M	10.94M	10.65M	10.82M	10.71M	10.75M	11.11M	10.98M	11.15M	10.83M	10.8M	10.74M	10.3M	10.59M	10.16M	10.22M	10.75M	9.69M	8.83M	7.89M	6.55M	6.81M	6.68M	6.42M	6.35M	5.94M	5.79M	5.63M	5.49M	5.28M	4.92M	4.73M	4.38M