Horizon Gross Profit from 2010 to 2024

HBNC Stock  USD 18.29  0.11  0.60%   
Horizon Bancorp's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 340.5 M this year. Gross Profit is the profit Horizon Bancorp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1995-06-30
Previous Quarter
97.5 M
Current Value
102.4 M
Quarterly Volatility
22.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 153.6 M or Selling General Administrative of 86.1 M, as well as many indicators such as Price To Sales Ratio of 3.3, Dividend Yield of 0.0347 or PTB Ratio of 1.24. 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.

Latest Horizon Bancorp's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Horizon Bancorp over the last few years. Gross profit is a required income statement account that reflects total revenue of Horizon Bancorp minus its cost of goods sold. It is profit before Horizon Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Horizon Bancorp's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Horizon Bancorp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 245.55 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Horizon Gross Profit Regression Statistics

Arithmetic Mean159,440,810
Geometric Mean117,261,525
Coefficient Of Variation60.92
Mean Deviation79,513,131
Median140,266,000
Standard Deviation97,136,344
Sample Variance9435.5T
Range336.5M
R-Value0.97
Mean Square Error544.1T
R-Squared0.95
Slope21,130,818
Total Sum of Squares132096.6T

Horizon Gross Profit History

2024340.5 M
2023324.3 M
2022241.6 M
2021228.3 M
2020219.9 M
2019195.2 M
2018162.6 M

Other Fundumenentals of Horizon Bancorp

Horizon Bancorp Gross Profit component correlations

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Click cells to compare fundamentals

About Horizon Bancorp Financial Statements

Horizon Bancorp stakeholders use historical fundamental indicators, such as Horizon Bancorp's Gross Profit, 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
Gross Profit324.3 M340.5 M

Also Currently Popular

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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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
0.48
Revenue Per Share
4.205
Quarterly Revenue Growth
0.069
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.