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Companies / Financials / Horizon Bancorp, Inc.
HBNC

Horizon Bancorp, Inc.

FinancialsBanks & Brokers
Ticker HBNCMICHIGAN CITY, INFiscal year ends DecemberBook value per share $13.63Diluted shares 51.3M

Horizon Bancorp, Inc. (Nasdaq: HBNC) is a bank holding company that provides commercial and retail banking, trust and agency, and related services through Horizon Bank and affiliated entities in northern and central Indiana and southern and central Michigan. Its customers include individuals and businesses, and its… From the company’s description.

Over the twelve months to Sep 30, 2026, Horizon Bancorp, Inc. reported revenue of $301.01M and net income of $106.67M. Its pre-tax margin was 43.2%. In fiscal 2025, it reported a net loss of $150.48M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$-26.97MFY2025
−114.1% year over year
Last 12 mo $301.01M
0.00%FY2025
Last 12 mo 43.21%
$-150.48MFY2025
−524.7% year over year
Last 12 mo $106.67M
-21.86%FY2025
−26.5 percentage points
Last 12 mo 15.25%
Cash & financing
$79.23MFY2025
+1144.2% year over year
Last 12 mo $116.86M
$74.27MFY2025
+5684.7% year over year
Last 12 mo $111.23M
8.17FY2025
Was 9.02× a year earlier
Last 12 mo 8.23
46.5MFY2025
+5.5% year over year
Last 12 mo 51.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Horizon Bancorp, Inc. does

In the company’s own words

Horizon Bancorp, Inc. (Nasdaq: HBNC) is a bank holding company that provides commercial and retail banking, trust and agency, and related services through Horizon Bank and affiliated entities in northern and central Indiana and southern and central Michigan. Its customers include individuals and businesses, and its offerings include lending, deposit services, corporate and individual trust services, and wealth management products. Horizon operates as a single reportable segment, commercial banking. At December 31, 2025, the Bank had $6.4 billion in assets, $5.3 billion in deposits, and 71 full-service offices; the company employed 465 full-time and 26 part-time employees. Horizon Bank dates to 1873, and Horizon has expanded its regional presence through organic growth and acquisitions. Its subsidiaries also manage the Bank’s investment portfolio and real estate investment trust, and support insurance sales and other activities. Its website is www.horizonbank.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
MICHIGAN CITY, IN
Fiscal year end
December
CIK
706129
SIC
6022

Financial performance, year by year

Fiscal 2011–2025 · USD
$-195.63M$-60.18M$75.27M$210.72M$346.16M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Horizon Bancorp, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

199
funds hold it
0 of 35
superinvestors hold it
$278.20M
held by funds, at market
28.1%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Horizon Bancorp, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 Value ETF
IWN · iShares Trust
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Horizon Bancorp, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Horizon Bancorp, Inc.’s debt, $2.04M at market value — what funds hold, not the company’s total debt.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Horizon Bancorp, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Horizon Bancorp, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Horizon Bancorp, Inc.'s last four quarterly filings that the numbers alone won't show?”
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