Name: Horizon Bancorp, Inc. (HBNC) Financial Statements
Creator: FinSpry

Horizon Bancorp Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Horizon Bancorp, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	355.38	182.76	241.56	228.27	230.56	203.85	162.64
Cost of Revenue	173.27	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	182.11	0.00	0.00	0.00	0.00	0.00	0.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	93.28	84.69	82.84	76.43	72.94	65.46	64.88
Operating Expenses	154.76	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income	27.35	0.00	0.00	0.00	0.00	0.00	0.00
Other Income/Expense
Interest Income	356.48	312.31	236.03	194.11	205.38	208.33	166.17
Interest Expense	167.88	136.56	36.52	18.31	34.44	47.54	31.60
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	27.35	39.00	105.58	102.45	78.37	79.84	63.56
Income Tax Expense	-8.08	11.02	12.18	15.36	9.87	13.30	10.44
Net Income	35.43	27.98	93.41	87.09	68.50	66.54	53.12
Net Income - Continuous Operations	35.43	27.98	93.41	87.09	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	39.65	0.00	0.00	0.00	0.00	0.00	0.00
EBIT	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	12.30	3.61	3.70	3.64	0.00	0.00	0.00
Earnings Per Share
Basic EPS	1.00	1.00	2.00	2.00	2.00	2.00	1.00
Diluted EPS	1.00	1.00	2.00	2.00	2.00	2.00	1.00
Basic Shares Outstanding	43.70	43.62	43.57	43.80	44.04	43.49	38.35
Diluted Shares Outstanding	44.06	43.84	43.70	43.96	44.12	43.60	38.50