Horizon Bancorp, Inc. (HBNC) SEC Filings & Earnings Calls
EquiReason read 21 Horizon Bancorp, Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-10-21 — Horizon Bancorp reported strong Q3 2026 results: net income $28.7M ($0.56/diluted share), ROAA 1.73%, ROATCE 20.03%, NIM 4.37%, deposit growth 6% annualized, and strong credit qual.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 1.0B
- P/E TTM
- —
- Dividend yield
- 3.1%
- 52-week
- —
- Next earnings
- 19 Jan, in 87 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
21 Oct 20268-K · 2.02, 7.01Horizon Bancorp reported strong Q3 2026 results: net income $28.7M ($0.56/diluted share), ROAA 1.73%, ROATCE 20.03%, NIM 4.37%, deposit growth 6% annualized, and strong credit quality with NCOs 0.10%.earningsopen
Figures in the filing · each found in the filing text
| Net income · Q3-2026 | $29M | |
| Diluted earnings per share · Q3-2026 | $0.56 | |
| Return on average assets (annualized) · Q3-2026 | 1.7% | |
| Return on average tangible common equity · Q3-2026 | 20.0% | |
| Net interest margin (FTE) · Q3-2026 | 4.4% | |
| Net interest income · Q3-2026 | $65M | +12% y/y |
| Total deposits · Q3-2026 | $81M | |
| Total deposit cost · Q3-2026 | 1.6% | |
| Net charge-offs (annualized) as % of average loans · Q3-2026 | 0.1% | |
| Non-performing assets to total assets · Q3-2026 | 0.7% |
Risks flagged
Provision for credit losses increased sequentially from $916K to $1.3M, though still low
“Provision (benefit) for credit losses $1,300 vs $916 prior quarter”
Non-interest income volatility due to prior year loss from securities sale
“Non-interest income (loss) $11,930 vs ($295,334) prior year, which included a large loss”
16 Sep 20268-K · 8.01Board approved a regular quarterly dividend of $0.16 per share, payable Oct 16, 2026 to holders of record Oct 2, 2026.open
Figures in the filing · each found in the filing text
| dividend per share · Q3-2026 | $0.16 |
7 Aug 202610-QHorizon Bancorp reported Q2 2026 net income of $24.9M, up 20.9% YoY, with NIM expanding 114bps to 4.37%.earningsopen
Figures in the filing · each found in the filing text
| Net Income · Q2-2026 | $25M | +21% y/y |
| Net Interest Income · Q2-2026 | $63M | +15% y/y |
| Net FTE Interest Margin · Q2-2026 | 4.4% | |
| Total Deposits · Q2-2026 | $5.40B | |
| Allowance for Credit Losses to Loans HFI · Q2-2026 | 1.1% | |
| Tangible Book Value Per Share · Q2-2026 | $11.06 | |
| Dividend Per Share · Q2-2026 | $0.16 | 0% y/y |
Risks flagged
Legal liability from legacy auto lending
“the Company recorded a pre-tax expense accrual of $3.1 million related to a lawsuit stemming from 2018” · word for word
Credit quality deterioration
“Net loan charge-offs increased by $0.4 million to $0.6 million” · word for word
22 Jul 20268-K · 2.02, 7.01Horizon Bancorp reported Q2 2026 net income of $24.9M ($0.49/diluted share), NIM expanded to 4.37%, loan growth 6.6% annualized, and strong credit quality with net charge-offs of 0.05%.earningsopen
Figures in the filing · each found in the filing text
| Net income · Q2-2026 | $25M | +21% y/y |
| Diluted earnings per share · Q2-2026 | $0.49 | +4% y/y |
| Net interest income · Q2-2026 | $63M | +15% y/y |
| Net interest margin (FTE) · Q2-2026 | 4.4% | |
| Return on average assets · Q2-2026 | 1.5% | |
| Return on average tangible common equity · Q2-2026 | 18.1% | |
| Total deposits · Q2-2026 | $7.87B | +1% y/y |
| Total loans and leases · Q2-2026 | $7.56B | +3% y/y |
| Provision for credit losses · Q2-2026 | $916000.00 | -63% y/y |
| Efficiency ratio · Q2-2026 | 46.9% |
Guidance
Mid-single digit organic growth outlook reaffirmed
Management expressed confidence in peer-leading profitability metrics and mid-single digit organic growth outlook.
Risks flagged
Pre-tax legal charge of $3.1 million negatively impacted Q2 2026 results.
“results for the second quarter of 2026 were negatively impacted by the pre-tax legal charge of $3.1 million, or $0.05 per diluted share” · word for word
30 Jun 20268-K · 8.01Disclosed a material event under other events (litigation, recall, contract loss, or major announcement)open
Risks flagged
Litigation risk from legacy indirect auto business; potential reputational impact.
“jury returned a civil verdict against the Company’s subsidiary... stemming from 2018 related to a unique circumstance involving the repossession and credit reporting of a single vehicle”
8 May 202610-QNet Interest Income $62M (+19% y/y); Net Income $26M (+10% y/y); Net Interest Margin (FTE) 4.29open
Figures in the filing · each found in the filing text
| Net Interest Income · Q1-2026 | $62M | +19% y/y |
| Net Income · Q1-2026 | $26M | +10% y/y |
| Net Interest Margin (FTE) · Q1-2026 | 4.3% | |
| Total Deposits · 2026-03-31 | $5.40B | |
| Allowance for Credit Losses to Loans HFI · 2026-03-31 | 1.1% |
Risks flagged
Non-accrual loans increased 7.2% QoQ
“As of March 31, 2026, total non-accrual loans increased by $2.3 million, or 7.2%, from December 31, 2025” · word for word
22 Apr 20268-K · 2.02, 7.01Net income $26M (+10% y/y); EPS (diluted) $0.51 (-6% y/y); Net interest margin 4.29; Guidance: 2026 outlook unchangedearningsopen
Figures in the filing · each found in the filing text
| Net income · Q1-2026 | $26M | +10% y/y |
| EPS (diluted) · Q1-2026 | $0.51 | -6% y/y |
| Net interest margin · Q1-2026 | 4.3% | |
| ROAA (annualized) · Q1-2026 | 1.6% | |
| Core deposit growth (annualized) · Q1-2026 | 11.0% | |
| Non-interest-bearing deposit growth (annualized) · Q1-2026 | 23.0% |
Guidance
2026 outlook unchanged
Strong profitability and deposit growth, 2026 outlook unchanged.
Risks flagged
EPS declined slightly due to share dilution or prior year gain.
“EPS $0.51 vs $0.54 in Q1 2025 (includes $7M gain on sale).”
20 Mar 2026DEF 14AProxy statement filed for 2026 annual meeting; discloses executive compensation, board changes, and pay-for-performance metrics.open
Figures in the filing · each found in the filing text
| Net Income · FY2025 | $-150M | |
| Return on Average Assets · FY2025 | -2.1% | |
| Total Shareholder Return · FY2025 | $131.87 | |
| Peer Group TSR · FY2025 | $160.37 | |
| CEO Total Compensation · FY2025 | $2M | |
| CEO Compensation Actually Paid · FY2025 | $2M | |
| CEO Pay Ratio · FY2025 | $38.70 | |
| CEO Base Salary · FY2025 | $685000.00 | +14% y/y |
| CEO Target Bonus Percentage · FY2025 | 97.5% | |
| BlackRock Ownership · 2026-03-13 | 6.7% |
Risks flagged
Net income loss
“Net Income (in Millions) ($) 2025: (150.48)”
Negative return on assets
“Return on Average Assets (%) 2025: (2.06)”
Underperformance vs peer TSR
“Peer Group TSR ($) 2025: 160.37 vs Company TSR ($) 2025: 131.87”
18 Mar 20268-K · 8.01Horizon Bancorp approved a dividend of $0.16 per share, payable April 17, 2026.open
Figures in the filing · each found in the filing text
| Dividend per share · Q1-2026 | $0.16 |
4 Mar 20268-K · 5.02Reported a director or officer change (departure, election, appointment or pay arrangement)open
Risks flagged
Loss of a senior executive, though role elimination suggests restructuring.
“departure of Chief Administration Officer”
21 Jan 20268-K · 2.02, 7.01Net income $27M; Diluted earnings per share $0.53; Net interest margin (FTE) 4.29; Guidance: Company well positioned to deliver durable earnings and continued top-tier profitability metrics in 2026earningsopen
Figures in the filing · each found in the filing text
| Net income · Q4-2025 | $27M | |
| Diluted earnings per share · Q4-2025 | $0.53 | |
| Net interest margin (FTE) · Q4-2025 | 4.3% | |
| Return on average assets · Q4-2025 | 1.6% | |
| Return on average equity · Q4-2025 | 15.7% | |
| Net interest income · Q4-2025 | $63M | +20% y/y |
| Cash dividends declared per common share · Q4-2025 | $0.16 | |
| Book value per common share · Q4-2025 | $13.50 | |
| Provision for credit losses · Q4-2025 | $2M | |
| Non-interest income (loss) · Q4-2025 | $11M |
Guidance
Company well positioned to deliver durable earnings and continued top-tier profitability metrics in 2026
Management expresses strong confidence in 2026 outlook, citing balance sheet repositioning success, commercial loan growth, and peer-leading profitability metrics.
Risks flagged
Credit quality remains strong with low charge-offs, but non-performing assets at 63 bps warrant monitoring
“Non-performing assets to total assets of 63 bps for the fourth quarter.” · word for word
16 Dec 20258-K · 8.01Dividend per share $0.16open
Figures in the filing · each found in the filing text
| dividend per share · Q4-2025 | $0.16 |
10 Nov 202510-QNet income (loss) $-222M (-1320% y/y); Net interest income $58M (+24% y/y); Net FTE interest margin $3.52 (+32% y/y)open
Figures in the filing · each found in the filing text
| Net income (loss) · consolidated · Q3-2025 | $-222M | -1320% y/y |
| Net interest income · consolidated · Q3-2025 | $58M | +25% y/y |
| Net FTE interest margin · consolidated · Q3-2025 | $3.52 | +32% y/y |
| Total deposits · consolidated · 2025-09-30 | $5.50B | |
| Book value per common share · consolidated · 2025-09-30 | $12.96 | |
| Earnings per share (diluted) · consolidated · Q3-2025 | $-4.69 | -1244% y/y |
| Operating cash flow · consolidated · 9M-2025 | $46M | |
| Dividend per share · consolidated · Q3-2025 | $0.16 | 0% y/y |
Risks flagged
Balance sheet repositioning execution risk
“Loss on sale of investment securities increased by $299.1 million for the three months ended September 30, 2025 compared to zero in the comparable period in 2024.” · word for word
Prepayment penalty risk
“Prepayment penalties increased $12.7 million for the three and nine months ended September 30, 2025 when compared to the same period in 2024. The increase was driven by a $12.7 million prepayment penalty related to the payoff of $700 million in FHLB advances during the quarter as part of the Company's balance sheet repositioning.” · word for word
Non-accrual loan growth
“As of September 30, 2025, total non-accrual loans increased by $3.6 million, or 13.8%, from December 31, 2024, to 0.61% of total loans HFI.” · word for word
Horizon Bancorp, Inc. — questions
- What did Horizon Bancorp, Inc. file recently?
- 21 SEC filings in the last 12 months. Latest: 8-K on 2026-10-21 — Horizon Bancorp reported strong Q3 2026 results: net income $28.7M ($0.56/diluted share), ROAA 1.73%, ROATCE 20.03%, NIM 4.37%, deposit growth 6% annualized, and strong credit quality with NCOs 0.10%.
Every figure on this page comes from Horizon Bancorp, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.