Horizon Financial Statements From 2010 to 2025

HBNC Stock  USD 15.60  0.03  0.19%   
Horizon Bancorp financial statements provide useful quarterly and yearly information to potential Horizon Bancorp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Horizon Bancorp financial statements helps investors assess Horizon Bancorp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Horizon Bancorp's valuation are summarized below:
Gross Profit
186.2 M
Profit Margin
0.1903
Market Capitalization
683.4 M
Enterprise Value Revenue
10.341
Revenue
186.2 M
We have found one hundred twenty available fundamental trends for Horizon Bancorp, which can be analyzed and compared to other ratios and to its competitors. Investors should ensure to confirm all of Horizon Bancorp's regular performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 590 M. The current year's Enterprise Value is expected to grow to about 942.8 M

Horizon Bancorp Total Revenue

266.22 Million

Check Horizon Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Horizon Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.3 M, Interest Expense of 176.6 M or Selling General Administrative of 99 M, as well as many indicators such as Price To Sales Ratio of 3.3, Ptb Ratio of 1.24 or Days Sales Outstanding of 68.11. Horizon financial statements analysis is a perfect complement when working with Horizon Bancorp Valuation or Volatility modules.
  
Check out the analysis of Horizon Bancorp Correlation against competitors.
For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.

Horizon Bancorp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets9.6 B9.1 B4.7 B
Slightly volatile
Short and Long Term Debt Total1.8 B1.7 B845.8 M
Slightly volatile
Total Current Liabilities1.4 B1.3 B243.4 M
Slightly volatile
Total Stockholder Equity868 M826.6 M461.7 M
Slightly volatile
Property Plant And Equipment Net114.2 M108.8 M72 M
Slightly volatile
Retained Earnings518 M493.4 M249.9 M
Slightly volatile
Non Current Assets Total8.9 B8.5 B2.5 B
Slightly volatile
Net Receivables46.7 M44.5 M19.9 M
Slightly volatile
Common Stock Shares Outstanding25.8 M50.4 M32.3 M
Slightly volatile
Liabilities And Stockholders Equity9.6 B9.1 B4.7 B
Slightly volatile
Non Current Liabilities Total7.3 BB1.5 B
Slightly volatile
Other Stockholder Equity430.4 M409.9 M225.9 M
Slightly volatile
Total Liabilities8.7 B8.3 B4.2 B
Slightly volatile
Property Plant And Equipment Gross191.8 M182.6 M92.5 M
Slightly volatile
Total Current Assets1.1 B646.1 M1.5 B
Very volatile
Short Term Debt788.4 M750.8 M405 M
Slightly volatile
Other Liabilities19.8 M35 M26.4 M
Slightly volatile
Accounts Payable26.9 M25.6 M5.9 M
Slightly volatile
Long Term Debt1.1 BB513.6 M
Slightly volatile
Short Term Investments490.5 M629.3 M596.4 M
Slightly volatile
Property Plant Equipment111.9 M106.6 M72 M
Slightly volatile
Intangible Assets9.3 M15.7 M11.4 M
Slightly volatile
Good Will187.4 M178.5 M98.7 M
Slightly volatile
Other Current Assets798.2 M505.6 M975.6 M
Pretty Stable
Net Tangible Assets338.2 M580.7 M325.9 M
Slightly volatile
Retained Earnings Total Equity518.5 M493.8 M254.3 M
Slightly volatile
Long Term Debt Total1.4 B1.3 B551.1 M
Slightly volatile
Capital Surpluse220.9 M407.3 M212.7 M
Slightly volatile
Long Term InvestmentsB2.9 BB
Slightly volatile
Non Current Liabilities Other228.3 M217.4 M91 M
Slightly volatile
Earning Assets877.7 M1.3 B860.1 M
Slightly volatile
Net Invested Capital1.4 B1.9 B1.1 B
Slightly volatile

Horizon Bancorp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization4.3 M4.2 M5.7 M
Slightly volatile
Interest Expense176.6 M168.2 M48.7 M
Slightly volatile
Selling General Administrative99 M94.3 M63.8 M
Slightly volatile
Total Revenue266.2 M253.5 M154.2 M
Slightly volatile
Gross Profit391.6 M372.9 M176 M
Slightly volatile
Other Operating Expenses23.2 M44.8 M36.5 M
Slightly volatile
Operating Income50 M44.8 M59.9 M
Slightly volatile
EBIT48.9 M44.8 M58.1 M
Slightly volatile
EBITDA53.1 M44.8 M63.3 M
Slightly volatile
Income Before Tax30 M44.8 M47 M
Slightly volatile
Net Income24 M32.2 M37.7 M
Slightly volatile
Income Tax Expense13.3 M12.7 M9.7 M
Slightly volatile
Cost Of Revenue65 K68.4 K11.9 M
Slightly volatile
Net Income Applicable To Common Shares112.8 M107.4 M52 M
Slightly volatile
Net Income From Continuing Ops50 M85.5 M46.2 M
Slightly volatile
Preferred Stock And Other Adjustments35.9 K37.8 K134.2 K
Slightly volatile
Tax Provision12.1 M8.3 M9.7 M
Slightly volatile
Net Interest Income159.2 M209.6 M127.8 M
Slightly volatile
Interest Income199.9 M340.4 M163.7 M
Slightly volatile
Reconciled Depreciation10.9 M14 M8.5 M
Slightly volatile
Selling And Marketing Expenses83.3 M93.7 M102.2 M
Slightly volatile

Horizon Bancorp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow98 M93.3 M60.7 M
Slightly volatile
Begin Period Cash Flow76.4 M142 M105.8 M
Slightly volatile
Depreciation14.5 M13.8 M7.7 M
Slightly volatile
Other Non Cash Items52.8 M50.3 M16.8 M
Slightly volatile
Dividends Paid34.2 M32.6 M15.5 M
Slightly volatile
Capital Expenditures9.4 M8.9 M5.1 M
Slightly volatile
Total Cash From Operating Activities107.4 M102.3 M65.8 M
Slightly volatile
Net Income24 M32.2 M37.7 M
Slightly volatile
End Period Cash Flow635.8 M605.5 M202.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.33.883.4997
Very volatile
PTB Ratio1.241.01.1349
Very volatile
Days Sales Outstanding68.1140.696656.7104
Pretty Stable
Book Value Per Share15.5714.8312.1429
Slightly volatile
Free Cash Flow Yield0.150.130.1284
Very volatile
Operating Cash Flow Per Share0.951.831.7046
Slightly volatile
Stock Based Compensation To Revenue0.01350.01290.0053
Slightly volatile
Capex To Depreciation1.350.750.9571
Slightly volatile
PB Ratio1.241.01.1349
Very volatile
EV To Sales3.043.19785.9797
Slightly volatile
Free Cash Flow Per Share1.761.671.6006
Slightly volatile
ROIC0.770.73320.1135
Slightly volatile
Net Income Per Share0.580.64131.061
Slightly volatile
Sales General And Administrative To Revenue0.00730.00770.4678
Slightly volatile
Capex To Revenue0.04580.04830.0636
Slightly volatile
Cash Per Share13.6622.1522.2887
Pretty Stable
POCF Ratio3.496.328.1483
Very volatile
Interest Coverage1.622.10722.6436
Very volatile
Payout Ratio0.960.910.4113
Slightly volatile
Capex To Operating Cash Flow0.110.10.1224
Slightly volatile
PFCF Ratio16.178.8510.281
Very volatile
Income Quality0.190.17971.4648
Slightly volatile
ROE0.04410.04640.0915
Slightly volatile
EV To Operating Cash Flow18817937.8661
Slightly volatile
PE Ratio21.0920.0813.7289
Slightly volatile
Return On Tangible Assets0.00630.00460.0093
Pretty Stable
EV To Free Cash Flow18817940.515
Slightly volatile
Intangibles To Total Assets0.0140.02120.0208
Slightly volatile
Net Debt To EBITDA9.910.979.4657
Slightly volatile
Current Ratio0.250.271.1 K
Slightly volatile
Tangible Book Value Per Share11.9111.349.3838
Slightly volatile
Receivables Turnover6.348.96888.6613
Pretty Stable
Shareholders Equity Per Share15.5714.8312.1429
Slightly volatile
Debt To Equity2.551.61381.6402
Slightly volatile
Capex Per Share0.190.20.1691
Slightly volatile
Revenue Per Share2.463.824.0315
Slightly volatile
Interest Debt Per Share11.8821.3817.8133
Pretty Stable
Debt To Assets0.190.1580.1525
Slightly volatile
Enterprise Value Over EBITDA12.7813.5716.6767
Slightly volatile
Dividend Yield0.03470.05210.0293
Slightly volatile
Earnings Yield0.0490.05150.0855
Slightly volatile
Graham Number9.0213.8816.3422
Slightly volatile
Short Term Coverage Ratios0.00440.00470.7552
Slightly volatile
Price Earnings Ratio21.0920.0813.7289
Slightly volatile
Operating Cycle68.1140.696656.7104
Pretty Stable
Price Book Value Ratio1.241.01.1349
Very volatile
Dividend Payout Ratio0.960.910.4113
Slightly volatile
Price To Operating Cash Flows Ratio3.496.328.1483
Very volatile
Price To Free Cash Flows Ratio16.178.8510.281
Very volatile
Pretax Profit Margin0.07290.07670.3318
Slightly volatile
Ebt Per Ebit0.07340.07730.5692
Pretty Stable
Operating Profit Margin1.110.99230.7319
Slightly volatile
Company Equity Multiplier14.7310.216510.5849
Very volatile
Long Term Debt To Capitalization0.670.640.5537
Very volatile
Total Debt To Capitalization0.720.61740.6001
Pretty Stable
Return On Capital Employed0.06060.05390.0239
Pretty Stable
Debt Equity Ratio2.551.61381.6402
Slightly volatile
Ebit Per Revenue1.110.99230.7319
Slightly volatile
Quick Ratio0.250.271.1 K
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.282.223.197
Very volatile
Net Income Per E B T1.361.29540.856
Slightly volatile
Cash Ratio0.0640.067450.3197
Very volatile
Cash Conversion Cycle68.1140.696656.7104
Pretty Stable
Operating Cash Flow Sales Ratio0.0170.01790.4254
Slightly volatile
Days Of Sales Outstanding68.1140.696656.7104
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.720.820.8619
Slightly volatile
Cash Flow Coverage Ratios0.00490.00520.098
Pretty Stable
Price To Book Ratio1.241.01.1349
Very volatile
Fixed Asset Turnover3.993.79792.1515
Slightly volatile
Capital Expenditure Coverage Ratio8.5110.2916.2521
Slightly volatile
Price Cash Flow Ratio3.496.328.1483
Very volatile
Enterprise Value Multiple12.7813.5716.6767
Slightly volatile
Debt Ratio0.190.1580.1525
Slightly volatile
Cash Flow To Debt Ratio0.00490.00520.098
Pretty Stable
Price Sales Ratio3.33.883.4997
Very volatile
Return On Assets0.00620.00450.0091
Pretty Stable
Asset Turnover0.02860.04570.0356
Pretty Stable
Net Profit Margin0.09440.09940.2738
Slightly volatile
Price Fair Value1.241.01.1349
Very volatile
Return On Equity0.04410.04640.0915
Slightly volatile

Horizon Bancorp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap590 M561.9 M472.9 M
Slightly volatile
Enterprise Value942.8 M897.9 M851.6 M
Slightly volatile

Horizon Fundamental Market Drivers

Forward Price Earnings11.0497
Cash And Short Term Investments-519.4 M

Horizon Upcoming Events

24th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Horizon Bancorp Financial Statements

Horizon Bancorp stakeholders use historical fundamental indicators, such as Horizon Bancorp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Horizon Bancorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Horizon Bancorp's assets and liabilities are reflected in the revenues and expenses on Horizon Bancorp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Horizon Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-25.6 M-26.9 M
Total Revenue253.5 M266.2 M
Cost Of Revenue68.4 K65 K
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.01  0.01 
Capex To Revenue 0.05  0.05 
Revenue Per Share 3.82  2.46 
Ebit Per Revenue 0.99  1.11 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Horizon Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Horizon Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Bancorp Stock:
Check out the analysis of Horizon Bancorp Correlation against competitors.
For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Bancorp. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.108
Dividend Share
0.64
Earnings Share
0.8
Revenue Per Share
4.26
Quarterly Revenue Growth
0.282
The market value of Horizon Bancorp is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Horizon Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horizon Bancorp's market value can be influenced by many factors that don't directly affect Horizon Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horizon Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.