Horizon

Horizon Bancorp, Inc. (Indiana) is a bank holding company, which engages in the provision of commercial and retail banking services. It offers personal banking, business banking, investment and trust, and mortgage services. The company was founded in 1873 and is headquartered in Michigan City, IN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Horizon Bancorp reports Q1 decline, eyes growth amid market challenges

Horizon Bancorp navigated Q1 2023 with a focus on maintaining credit quality, managing expenses, and optimizing its balance sheet for elevated rates. The bank's leadership transition, strong loan growth, and emphasis on stable margins and credit quality position it well for future growth. Challenges in commercial deal flow and mortgage market softness are being addressed with a strategic outlook.

Horizon Bancorp Inc. reports strong Q2 earnings amidst margin concerns

Horizon Bancorp Inc. delivered a solid performance in Q2 2023, showcasing growth in key areas and effective expense management. While facing challenges in margin compression and loan spread management, the company is well-positioned to leverage opportunities in its markets and strengthen its wealth management offerings.

Horizon reports strong Q3 performance amidst rising interest rate challenges

Horizon Bancorp Inc. delivered a robust performance in Q3 2023 with strong loan growth, stable credit quality, and effective expense management.
Despite challenges posed by rising interest rates, the company's strategic focus on diversification, risk management, and revenue enhancement bodes well for future growth.
Opportunities lie in optimizing net interest margin, expanding commercial lending, and maintaining a prudent approach to managing expenses and credit risk.
Horizon's resilience, stability, and strategic positioning underscore its ability to navigate market uncertainties and deliver long-term value to shareholders.

Horizon Bancorp Inc. posts strong Q4 results, eyes sustainable growth

Horizon Bancorp Inc. reported robust Q4 results driven by strong lending performance and disciplined balance sheet management. The company's focus on asset quality and strategic growth positions it well for future opportunities. Addressing challenges in expense management and balance sheet optimization will be key for sustained success in 2024.

Horizon Bancorp reports strong Q1 performance amidst growth opportunities

Horizon Bancorp's Q1 2024 performance showcased strength in net interest income, asset quality, and loan growth.
While challenges like increased credit loss allowance exist, opportunities in loan growth and margin expansion are promising.
Overall, Horizon remains optimistic about its financial performance and ability to navigate potential challenges.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Horizon Bancorp, Inc. (“Horizon” or the “Company”) (NASDAQ: HBNC) investors concerning the Company's possible violations of federal securities laws. On March 10, 2023, Horizon disclosed that it would be unable to timely file its annual report on time and discovered material weaknesses in its internal controls.

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Horizon Bancorp, Inc. (HBNC) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Horizon Bancorp, Inc. (“Horizon” or the “Company”) (NASDAQ: HBNC) investors concerning the Company's possible violations of the federal securities laws.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Horizon Bancorp, Inc. (HBNC) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Horizon Bancorp, Inc. (“Horizon” or the “Company”) (NASDAQ: HBNC) investors concerning the Company's possible violations of federal securities laws. On March 10, 2023, Horizon disclosed that it would be unable to timely file its annual report on time and discovered material weaknesses in its internal controls.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Horizon Bancorp, Inc. (HBNC) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Horizon Bancorp, Inc. (“Horizon” or the “Company”) (NASDAQ: HBNC) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On March 10, 2023, Horizon disclosed that it would be unable to timely file its annual report on time and discovered material weaknesses in its internal controls.

The Law Offices of Frank R. Cruz Continues Investigation of Horizon Bancorp, Inc. (HBNC) on Behalf of Investors

NEW YORK--(BUSINESS WIRE)---- $HBNC #classaction--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Horizon Bancorp, Inc. (“Horizon” or the “Company”) (NASDAQ: HBNC). Investors who purchased Horizon securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/hbnc. The investigation concerns whether Horizon has violated federal securities laws.

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Horizon Bancorp, Inc. (HBNC) Investigation

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Horizon Bancorp, Inc. (“Horizon” or the “Company”) (NASDAQ: HBNC) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On March 10, 2023, Horizon disclosed that it would be unable to timely file its annual report on time and discovered material weaknesses in its internal controls.

The Law Offices of Frank R. Cruz Announces Investigation of Horizon Bancorp, Inc. (HBNC) on Behalf of Investors

NEW YORK , March 14, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Horizon Bancorp, Inc. (NASDAQ: HBNC) resulting from allegations that Horizon Bank may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Horizon Bank securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Horizon Bancorp, Inc. Investors to Inquire About Class Action Investigation - HBNC

LOS ANGELES--(BUSINESS WIRE)---- $HBNC #HBNC--The Schall Law Firm Announces it is Investigating Claims Against Horizon Bancorp, Inc.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Horizon Bancorp, Inc. and Encourages Investors with Losses to Contact the Firm

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Horizon Bancorp, Inc. and Encourages Investors with Losses to Contact the Firm

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Horizon Bancorp, Inc. (NASDAQ: HBNC) resulting from allegations that Horizon Bank may have issued materially misleading business information to the investing public.

HBNC EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages Horizon Bancorp, Inc. Investors to Inquire About Class Action Investigation – HBNC

MICHIGAN CITY, Ind., March 10, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) - On March 6, 2023, Horizon Bancorp, Inc. (“Horizon Bancorp” or the “Company”) received a letter (the “Letter”) from The NASDAQ Stock Market LLC (“NASDAQ”) indicating that, as a result of not having timely filed its Annual Report on Form 10-K for the year ended December 31, 2022 (the “2022 Form 10-K”) by March 1, 2023 with the Securities and Exchange Commission (the “SEC”), the Company is not in compliance with NASDAQ Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the SEC.

Horizon Bancorp, Inc. Discloses Receipt of NASDAQ Notice

Farmers & Merchants Bancorp

Hillenbrand

HBNC, FMAO and HI have been added to the Zacks Rank #5 (Strong Sell) List on February 24, 2023.

New Strong Sell Stocks for February 24th

Community Bank System

ConnectOne Bancorp

Customers Bancorp

Granite Ridge Resources Inc

National Fuel Gas

Sandy Spring Bancorp

Veritex Hld

Virtu Financial

Washington Trust Bancorp

One way to make quick and big gains is to invest in quality stocks that are down significantly.

10 Biggest Stocks With a New 52-Week Low

MICHIGAN CITY, Ind., Jan. 30, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host its 2022 Virtual Investor Day at 11:00 a.m. CT on Tuesday, February 21, 2023.  Horizon's senior management team will provide a review of the company's 2022 performance, strategies for 2023 and outlook.

Horizon Bancorp, Inc. to Host Virtual Investor Day on February 21, 2023

Horizon Bancorp, Inc. (NASDAQ:HBNC ) Q4 2022 Earnings Conference Call January 26, 2022 8:30 AM ET Company Participants Craig Dwight - Chairman and Chief Executive Officer Thomas Prame - President Mark Secor - Executive Vice President and Chief Executive Financial Officer Lynn Kerber - Executive Vice President and Chief Commercial Banking Officer Noe Najera - Executive Vice President and Senior Retail and Mortgage Lending Officer Conference Call Participants Terry McEvoy - Stephens David Long - Raymond James Nathan Race - Piper Sandler Damon DelMonte - KBW Brian Martin - Janney Montgomery Operator Good morning, everyone, and welcome to the Horizon Bancorp Conference Call to discuss Financial Results for the Fourth Quarter and Full Year of 2022. [Operator Instructions] There will be a question-and answer session after today's remarks.

Horizon Bancorp, Inc. (HBNC) Q4 2022 Earnings Call Transcript

Horizon Bancorp (HBNC) delivered earnings and revenue surprises of -2.04% and 7%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Horizon Bancorp (HBNC) Misses Q4 Earnings and Revenue Estimates

MICHIGAN CITY, Ind., Jan. 25, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three and twelve months ended December 31, 2022.

Horizon Bancorp, Inc. Announces Record Earnings for 2022

MICHIGAN CITY, Ind., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Horizon Bancorp, Inc. (“Horizon”) (NASDAQ GS: HBNC) and Horizon Bank announced that Thomas M. Prame will be appointed the Chief Executive Officer of both organizations effective June 1, 2023. Craig M. Dwight, will retain the title of Chief Executive Officer until June 1st and retire as an employee from Horizon and Horizon Bank effective July 3, 2023. Mr. Dwight will remain the Chairman of the Board of both organizations. Prame will continue in his role as President of both organizations.

Horizon Bancorp, Inc. Announces Thomas M. Prame to be Appointed Chief Executive Officer Effective June 1, 2023

Apogee Enterprises

Algonquin Power & Utilities

Axis Capital

Balchem

Bank of New York Mellon

Caterpillar

Colgate-Palmolive

Erie Indemnity

First Bancorp

Gladstone Investment

General Dynamics

Great Southern Bancorp

HEICO

Intuit

Gladstone Land

Lakeland Financial

Owens Corning

Procter & Gamble

Pentair

Republic Bancorp

Royal Gold

Roper Technologies

RPM International

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.

Dividend Champion, Contender, And Challenger Highlights: Week Of January 15

Coterra Energy

Intel

Lazard

Western Union

After a rough year in 2022, many investors are looking for some stability within their portfolios.

6 Historically High-Yield Stocks Gurus Like

ABM Industries

Accenture Plc

Avient Corp

Bristol-Myers

Broadridge Financial

Brady Corporation

Chubb

Churchill Downs

Chesapeake Utilities

Cisco Systems

Eastman Chemical

FirstService

Globe Life Inc

Getty Realty

Hackett Group

Hartford Financial Services Group

Hamilton Lane

International Flavors & Fragrances

Independent Bank

Dividend Champion, Contender, And Challenger Highlights: Week Of January 1

MICHIGAN CITY, Ind., Dec. 20, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. (“Horizon”) announced today the retirement of Daniel F. Hopp from the Board of Directors (the “Board”) and the appointment of Vanessa P. Williams to serve on the Board of Horizon Bancorp, Inc.

Horizon Bank Announces the retirement of Daniel Hopp and Appointment of Vanessa Williams as New Director

MICHIGAN CITY, Ind., Dec. 19, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Thursday, January 26, 2023 to review its fourth quarter 2022 financial results.

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Fourth Quarter and Full Year 2022 Results on January 26

Horizon Bancorp, Inc. (NASDAQ:HBNC ) Q3 2022 Earnings Conference Call October 27, 2022 8:30 AM ET Company Participants Craig Dwight - Chairman and Chief Executive Officer Mark Secor - Executive Vice President and Chief Executive Financial Officer Thomas Prame - President Lynn Kerber - Executive Vice President and Chief Commercial Banking Officer Noe Najera - Executive Vice President and Senior Retail and Mortgage Lending Officer Conference Call Participants Terry McEvoy - Stephens Nathan Race - Piper Sandler Damon DelMonte - KBW David Long - Raymond James Brian Martin - Janney Montgomery Operator Good morning, everyone and welcome to the Horizon Bancorp Conference Call to discuss Financial Results for the Third Quarter of 2022. [Operator Instructions] Please note this event is being recorded.

Horizon Bancorp, Inc. (HBNC) Q3 2022 Earnings Call Transcript

Credit Suisse

First Foundation

Many banks reported third-quarter earnings results this week.

Why Shares of Credit Suisse, Horizon Bancorp, and First Foundation Are Falling This Week

News for Horizon Stock (HBNC)