HBNC
Income statement / Annual
Last year (2023), Horizon Bancorp, Inc.'s total revenue was $185.28 M,
a decrease of 23.30% from the previous year.
In 2023, Horizon Bancorp, Inc.'s net income was $27.98 M.
See Horizon Bancorp, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$185.28 M
|
$241.56 M
|
$228.27 M
|
$219.93 M
|
$195.22 M
|
$162.64 M
|
$140.27 M
|
$118.38 M
|
$99.76 M
|
$84.49 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$185.28 M |
$241.56 M |
$228.27 M |
$219.93 M |
$195.22 M |
$162.64 M |
$140.27 M |
$118.38 M |
$99.76 M |
$84.49 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$14.27 M
|
$82.84 M
|
$94.84 M
|
$89.46 M
|
$82.09 M
|
$70.15 M
|
$65.35 M
|
$58.80 M
|
$49.20 M
|
$40.77 M
|
| Selling & Marketing
Expenses |
$104.11 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$118.38 M
|
$82.84 M
|
$94.84 M
|
$89.46 M
|
$82.09 M
|
$70.15 M
|
$65.35 M
|
$58.80 M
|
$49.20 M
|
$40.77 M
|
| Other Expenses |
$0.00 |
-$49.60 M |
-$220.66 M |
-$231.02 M |
-$197.47 M |
-$137.64 M |
-$33.90 M |
-$34.56 M |
$0.00 |
$0.00 |
| Operating Expenses |
$118.38 M |
$1.84 M |
-$125.82 M |
-$141.56 M |
-$115.38 M |
-$67.48 M |
$2.49 M |
$2.75 M |
$2.07 M |
$1.73 M |
| Cost And Expenses |
$118.38 M |
$1.84 M |
-$125.82 M |
-$141.56 M |
-$115.38 M |
-$67.48 M |
$2.49 M |
$2.75 M |
$2.07 M |
$1.73 M |
| Interest Income |
$312.31 M |
$236.03 M |
$200.00 M |
$205.38 M |
$208.33 M |
$166.17 M |
$128.48 M |
$106.53 M |
$88.59 M |
$76.21 M |
| Interest Expense |
$136.56 M |
$36.52 M |
$18.31 M |
$34.44 M |
$47.54 M |
$31.60 M |
$16.38 M |
$20.54 M |
$13.85 M |
$13.22 M |
| Depreciation &
Amortization |
$11.97 M
|
$10.75 M
|
$9.80 M
|
$10.59 M
|
$9.69 M
|
$6.81 M
|
$5.94 M
|
$5.28 M
|
$4.15 M
|
$3.78 M
|
| EBITDA |
$0.00
|
$118.68 M
|
$116.32 M
|
$90.70 M
|
$89.53 M
|
$70.37 M
|
$53.89 M
|
$37.99 M
|
$31.93 M
|
$28.04 M
|
| EBITDA Ratio |
0 |
0.64 |
0.5 |
0.4 |
0.46 |
0.63 |
0.5 |
0.49 |
0.46 |
0.49 |
| Operating Income Ratio
|
0.36
|
0.59
|
0.45
|
0.36
|
0.41
|
0.59
|
0.46
|
0.45
|
0.42
|
0.44
|
| Total Other
Income/Expenses Net |
-$27.91 M
|
-$23.10 M
|
-$22.81 M
|
-$27.38 M
|
-$25.70 M
|
-$21.18 M
|
-$18.56 M
|
-$18.69 M
|
-$15.97 M
|
-$14.96 M
|
| Income Before Tax |
$39.00 M |
$105.58 M |
$102.45 M |
$78.37 M |
$79.84 M |
$63.56 M |
$47.95 M |
$32.71 M |
$27.78 M |
$24.26 M |
| Income Before Tax Ratio
|
0.21
|
0.44
|
0.45
|
0.36
|
0.41
|
0.39
|
0.34
|
0.28
|
0.28
|
0.29
|
| Income Tax Expense |
$11.02 M |
$12.18 M |
$15.36 M |
$9.87 M |
$13.30 M |
$10.44 M |
$14.84 M |
$8.80 M |
$7.23 M |
$6.16 M |
| Net Income |
$27.98 M |
$93.41 M |
$87.09 M |
$68.50 M |
$66.54 M |
$53.12 M |
$33.12 M |
$23.91 M |
$20.55 M |
$18.10 M |
| Net Income Ratio |
0.15 |
0.39 |
0.38 |
0.31 |
0.34 |
0.33 |
0.24 |
0.2 |
0.21 |
0.21 |
| EPS |
0.64 |
2.14 |
1.99 |
1.56 |
1.53 |
1.39 |
0.96 |
0.8 |
0.87 |
0.88 |
| EPS Diluted |
0.64 |
2.14 |
1.98 |
1.55 |
1.53 |
1.38 |
0.95 |
0.79 |
0.84 |
0.85 |
| Weighted Average Shares
Out |
$43.63 M
|
$43.57 M
|
$43.80 M
|
$44.04 M
|
$43.49 M
|
$38.35 M
|
$34.55 M
|
$29.98 M
|
$23.65 M
|
$20.39 M
|
| Weighted Average Shares
Out Diluted |
$43.84 M
|
$43.70 M
|
$43.96 M
|
$44.12 M
|
$43.60 M
|
$38.50 M
|
$34.76 M
|
$30.12 M
|
$24.30 M
|
$21.27 M
|
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