Revenue
Unavailable
Fiscal year ended 2025-12-31Net income
-$150.48M
Fiscal year ended 2025-12-31Total assets
$6.44B
Fiscal year ended 2025-12-31HORIZON BANCORP INC /IN/ (HBNC) reported net income of -$150.48M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from HORIZON BANCORP INC /IN/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | -$150.48M | $35.43M | $27.98M | $93.41M | $87.09M | $68.50M | $66.54M | $53.12M | $33.12M | $23.91M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 46.49M | shares 44.06M | shares 43.84M | shares 43.70M | shares 43.96M | shares 44.12M | shares 43.60M | shares 38.50M | shares 34.76M | shares 30.12M |
| Pretax income | -$201.15M | $27.35M | $39.00M | $105.58M | $102.45M | $78.37M | $79.84M | $63.56M | $47.95M | $32.71M |
| Income tax expense | -$50.67M | -$8.08M | $11.02M | $12.18M | $15.36M | $9.87M | $13.30M | $10.44M | $14.84M | $8.80M |
| Diluted EPS | $-3.24 | $0.80 | $0.64 | $2.14 | $1.98 | $1.55 | $1.53 | $1.38 | $0.95 | $0.79 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $139.46M | $293.43M | $526.52M | Unavailable | $593.51M | $249.71M | $98.83M | $58.49M | $59.98M | $53.42M |
| Total assets | $6.44B | $7.80B | $7.94B | $7.87B | $7.41B | $5.89B | $5.25B | $4.25B | $3.96B | $3.14B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $5.75B | $7.04B | $7.22B | $7.20B | $6.69B | $5.19B | $4.59B | $3.75B | $3.51B | $2.80B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $688.25M | $763.58M | $718.81M | $677.38M | $723.21M | $692.22M | $656.02M | $491.99M | $457.08M | $340.86M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $155.21M | $155.21M | $155.21M | $155.21M | $154.57M | $151.24M | $151.24M | $119.88M | $119.88M | $76.94M |
| Long-term debt | $248.59M | $1.23B | $1.35B | $1.14B | $712.74M | $475.00M | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $79.23M | $6.37M | $88.94M | $94.38M | $106.35M | $78.86M | $174.37M | $72.29M | $49.06M | $25.55M |
| Capital expenditures | $4.96M | $5.08M | $7.78M | $6.43M | $1.44M | $5.87M | $4.61M | $3.43M | $2.69M | $1.38M |
| Investing cash flow | $979.48M | -$52.78M | $329.52M | -$1.02B | -$344.85M | -$478.46M | -$94.14M | -$303.76M | -$278.92M | $222.31M |
| Financing cash flow | -$1.21B | -$186.68M | -$15.44M | $455.55M | $582.30M | $550.48M | -$39.89M | $229.99M | $236.42M | -$229.76M |
| Net change in cash | -$153.97M | -$233.08M | $403.01M | -$470.00M | $343.80M | $150.88M | Unavailable | -$1.49M | $6.56M | $18.10M |
| Stock-based compensation | $1.62M | $4.59M | $3.59M | $2.48M | $1.82M | $1.34M | $215.00K | $251.00K | $325.00K | $324.00K |
| Common dividends paid | $29.49M | $28.33M | $28.31M | $27.76M | $24.77M | $21.18M | $20.84M | $15.42M | $11.72M | $8.38M |
| Common share repurchases | Unavailable | $0 | $0 | $0 | $7.61M | $19.64M | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $10.30M | $10.33M | $10.94M | $10.75M | $9.80M | $9.40M | $9.69M | $6.81M | $5.94M | $5.28M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $74.28M | $1.28M | $81.16M | $87.95M | $104.91M | $72.99M | $169.76M | $68.85M | $46.38M | $24.16M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | -29.5% | 28.3% | 11.5% | 15.0% | 12.6% | 16.7% | 16.4% | 30.9% | 26.9% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HBNC in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-07View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-03-13View SEC filing
10-Q · Filed 2025-11-10View SEC filing
10-Q · Filed 2025-08-11View SEC filing
10-Q · Filed 2025-05-08View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.