Horizon Bancorp Inc income statement
In fiscal 2025, Horizon Bancorp Inc reported revenue of −$27.0m, down 114.1% on the year before and net income of −$150m, or −$3.24 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 63 | 68 | 68 | 86 | 87 | 89 | 103 | 121 | 145 | 169 | 204 | 225 | 234 | 247 | 188 | 192 | −27 | −13 |
| Interest expense | 28 | 21 | 17 | 14 | 14 | 13 | 14 | 21 | 16 | 32 | 48 | 34 | 18 | 37 | 137 | — | — | — |
| Net interest income | 45 | 48 | 48 | 58 | 61 | 63 | 75 | 86 | 112 | 135 | 161 | 166 | 176 | 200 | 176 | 189 | 229 | 248 |
| Non-interest income | 18 | 20 | 20 | 27 | 26 | 26 | 28 | 35 | 33 | 34 | 43 | 60 | 58 | 47 | 12 | 3 | −256 | −261 |
| Non-interest expense | 38 | 43 | 46 | 54 | 58 | 62 | 72 | 87 | 95 | 103 | 122 | 126 | 133 | 143 | 146 | 159 | 172 | 178 |
| Provision for credit losses | 14 | 12 | 5 | 4 | 2 | 3 | 3 | 2 | 2 | 3 | 2 | 21 | −2 | −2 | 2 | 4 | 2 | −0 |
| Income before tax | 11 | 13 | 17 | 28 | 27 | 24 | 28 | 33 | 48 | 64 | 80 | 78 | 102 | 106 | 39 | 27 | −201 | −191 |
| Income tax | 2 | 3 | 4 | 8 | 7 | 6 | 7 | 9 | 15 | 10 | 13 | 10 | 15 | 12 | 11 | −8 | −51 | −47 |
| Net income | 9 | 10 | 13 | 20 | 20 | 18 | 21 | 24 | 33 | 53 | 67 | 68 | 87 | 93 | 28 | 35 | −150 | −144 |
| Diluted EPS | $1.58 | $0.81 | $1.01 | $1.53 | $1.45 | $1.27 | $1.26 | $0.79 | $0.95 | $1.38 | $1.53 | $1.55 | $1.98 | $2.14 | $0.64 | $0.80 | −$3.24 | −$2.87 |
| Diluted shares (average) | — | 11m | 11m | 12m | 14m | 14m | 16m | 30m | 35m | 38m | 44m | 44m | 44m | 44m | 44m | 44m | 46m | 50m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 58 | 24 | 69 | 66 | −237 | 75 | 73 | 76 |
| Net interest income | 47 | 53 | 52 | 55 | 58 | 63 | 62 | 63 |
| Non-interest income | 12 | −29 | 16 | 11 | −295 | 11 | 11 | 12 |
| Non-interest expense | 39 | 45 | 39 | 39 | 53 | 41 | 41 | 44 |
| Provision for credit losses | 1 | −0 | 1 | 2 | −4 | 2 | 0 | 1 |
| Income before tax | 18 | −22 | 28 | 24 | −286 | 33 | 32 | 31 |
| Income tax | −0 | −11 | 4 | 4 | −64 | 6 | 6 | 6 |
| Net income | 18 | −11 | 24 | 21 | −222 | 27 | 26 | 25 |
| Diluted EPS | $0.41 | −$0.25 | $0.54 | $0.47 | −$4.69 | $0.70 | $0.51 | $0.49 |
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