HBNC · XBRL financial data
Horizon Bancorp financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (HBNC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Interest expense | 34 | 18 | 37 | 137 | — | — |
| Income tax expense (benefit) | 10 | 15 | 12 | 11 | (8) | (51) |
| Net income (loss) | 68 | 87 | 93 | 28 | 35 | (150) |
| Earnings per share, basic USD per share | 1.56 | 1.99 | 2.14 | 0.64 | 0.81 | (3.24) |
| Earnings per share, diluted USD per share | 1.55 | 1.98 | 2.14 | 0.64 | 0.80 | (3.24) |
| Weighted average shares, basic millions of shares | 44 | 44 | 44 | 44 | 44 | 46 |
| Weighted average shares, diluted millions of shares | 44 | 44 | 44 | 44 | 44 | 46 |
Balance sheet
CSVFiscal years (HBNC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 250 | 594 | 124 | 527 | 293 | 139 |
| Property and equipment, net | 92 | 93 | 93 | 95 | 94 | 93 |
| Right-of-use asset | 4 | 4 | — | — | — | — |
| Goodwill | 151 | 155 | 155 | 155 | 155 | 155 |
| Total assets | 5,887 | 7,375 | 7,873 | 7,940 | 7,801 | 6,437 |
| Total deposits | 4,531 | 5,803 | 5,858 | 5,665 | 5,601 | 5,275 |
| Total liabilities | 5,194 | 6,652 | 7,195 | 7,222 | 7,038 | 5,748 |
| Retained earnings | 301 | 364 | 429 | 429 | 436 | 255 |
| Total stockholders' equity | 692 | 723 | 677 | 719 | 764 | 688 |
| Total liabilities and equity | 5,887 | 7,375 | 7,873 | 7,940 | 7,801 | 6,437 |
| Common shares outstanding (cover page) millions of shares | 44 | 44 | 44 | 44 | 44 | 51 |
Cash flows
CSVFiscal years (HBNC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 68 | 87 | 93 | 28 | 35 | (150) |
| Stock-based compensation | 0 | 0 | 2 | 4 | 5 | 2 |
| Depreciation and amortization | 11 | 11 | 11 | 11 | 10 | 10 |
| Net cash from operating activities | 79 | 105 | 94 | 89 | 6 | 79 |
| Purchases of property and equipment | 6 | 1 | 6 | 8 | 5 | 5 |
| Net cash from investing activities | (492) | (363) | (1,020) | 330 | (53) | 979 |
| Proceeds from issuing common stock | 1 | (0) | 0 | 0 | 0 | 98 |
| Share repurchases | 20 | 8 | 0 | 0 | 0 | — |
| Dividends paid | 21 | 25 | 28 | 28 | 28 | 29 |
| Net cash from financing activities | 564 | 602 | 456 | (15) | (187) | (1,213) |
| Net change in cash | 151 | 344 | (470) | 403 | (233) | (154) |
Compare with peers
SIC 6022 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6022 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Horizon Bancorp | 218 | not reported | 33* | 51.3M | — | 10-QJun 30, 2026 |
| Independent Bank | 165 | 8.2 | 20* | 22.2M | — | 10-QJun 30, 2026 |
| Camden National | 100 | 11 | 31* | 16.9M | — | 10-QJun 30, 2026 |
| Esquire Financial Holdings | 242 | not reported | 15* | 12.1M | — | 10-QJun 30, 2026 |
| Farmers & Merchants Bancorp | 279 | not reported | 33* | 691,944 | — | 10-QJun 30, 2026 |
| Equity Bancshares | 546 | not reported | 39* | 20.6M | — | 10-QJun 30, 2026 |
| Republic Bancorp | 354 | 101 | 1.1* | not reported | — | 10-QJun 30, 2026 |
| Metropolitan Bank Holding | 239 | not reported | (11)* | 12.4M | 22.2 quarters | 10-QJun 30, 2026 |
| Business First Bancshares | 490 | 3.3 | 44* | 32.2M | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.