Horizon Bancorp Inc /In/
HBNC Nasdaq· State Commercial Banks
Last close · Oct 23, 2026
$20.37
KIRA · Stoqly’s AI analyst, in plain words
- Horizon Bancorp Inc /In/ had −$27.0M of revenue in fiscal 2025, down 114.1% on the year before.
- Horizon Bancorp Inc /In/ lost $150M in fiscal 2025.
- Horizon Bancorp Inc /In/ returned $29.5M to shareholders in fiscal 2025, 40% of free cash flow. The diluted share count rose 5.5%.
- It earned −20.7% on shareholders’ money. Running costs took −638.9% of revenue (the efficiency ratio; lower is better).
Market cap
$1.0B
P/E
—
Revenue
−$27.0M
Net income
−$150M
Return on equity
−20.7%
Efficiency ratio
−638.9%
Horizon Bancorp Inc /In/ in 30 seconds · fiscal 2025
Are sales growing?
−114.1%
No. Sales fell 114.1% last year.
Does it make a profit?
558.0%
No. It lost money last year.
How lean are its costs?
−638.9%
Lean. Running costs take −638.9% of revenue.
How much does it earn on its capital?
−20.7%
Low. It earns −20.7% a year on shareholders’ money.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Horizon Bancorp Inc /In/ does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 13, 2026
- Legal name
- HORIZON BANCORP INC /IN/
- CIK
- 0000706129
Horizon Bancorp Inc /In/ · HBNC
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $234M | $247M | $188M | $192M | −$27.0M |
| Revenue growth | 3.8% | 5.7% | −24.0% | 2.0% | −114.1% |
| Net interest income | $176M | $200M | $176M | $189M | $229M |
| Net income | $87.1M | $93.4M | $28.0M | $35.4M | −$150M |
| Net margin | 37.3% | 37.8% | 14.9% | 18.5% | 558.0% |
| Diluted EPS | $1.98 | $2.14 | $0.64 | $0.80 | −$3.24 |
| Cash | |||||
| Cash from operations | $106M | $94.4M | $88.9M | $6.4M | $79.2M |
| Capital expenditure | $1.4M | $6.4M | $7.8M | $5.1M | $5.0M |
| Free cash flow | $105M | $88.0M | $81.2M | $1.3M | $74.3M |
| FCF margin | 44.9% | 35.6% | 43.2% | 0.7% | −275.4% |
| Dividends paid | $24.8M | $27.8M | $28.3M | $28.3M | $29.5M |
| Share buybacks | $7.6M | $0.0M | $0.0M | $0.0M | — |
| Share count change | −0.4% | −0.6% | 0.3% | 0.5% | 5.5% |
| Debt and strength | |||||
| Cash and short-term investments | $594M | $124M | $527M | $293M | $139M |
| Debt incl. finance leases | $713M | $1.1B | $1.4B | $1.2B | $249M |
| Loans, net | — | $4.1B | $4.4B | $4.8B | $4.8B |
| Deposits | $5.8B | $5.9B | $5.7B | $5.6B | $5.3B |
| Shareholders' equity | $723M | $677M | $719M | $764M | $688M |
| Returns and quality | |||||
| Return on equity | 12.3% | 13.3% | 4.0% | 4.8% | −20.7% |
| Return on tangible equity | 15.9% | 18.5% | 5.1% | 5.9% | −28.6% |
| Efficiency ratio | 57.1% | 58.0% | 77.9% | 82.9% | −638.9% |
| Piotroski F-score | 5 | 5 | 3 | 5 | 3 |
Insiders bought, 12 months
$0.1M
2 insiders
Insiders sold, 12 months
$0.2M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Net income:
- Profit after all expenses, interest and tax.
- Efficiency ratio:
- Noninterest expense as a share of revenue. Lower is better for banks.
- Return on equity:
- Net income as a share of average shareholders' equity.
- Return on tangible equity:
- Net income to common over equity minus goodwill and intangibles.
- Diluted EPS:
- Net income per diluted share.
Horizon Bancorp Inc /In/ · HBNC
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Return on equity and efficiency ratio
Loans and deposits
Dividends and buybacks
Diluted EPS
KIRA
At $20.37 a share, the company is worth $1.0B.
Source: SEC EDGAR XBRL filings (CIK 0000706129). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.