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Stocks · Financials · State Commercial Banks

HORIZON BANCORP INC /IN/

HBNC Clue Score39
United States Fiscal year ends December CIK 0000706129
$19.26 -1.23% Close, 9 Oct 2026
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Price $19.26 +6.06% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
Net income
Fiscal year 2016Net income23.9EPS, diluted0.79Fiscal year 2017Net income33.1 +38.5%EPS, diluted0.95 +20.3%Fiscal year 2018Net income53.1 +60.4%EPS, diluted1.38 +45.3%Fiscal year 2019Net income66.5 +25.3%EPS, diluted1.53 +10.9%Fiscal year 2020Net income68.5 +2.9%EPS, diluted1.55 +1.3%Fiscal year 2021Net income87.1 +27.1%EPS, diluted1.98 +27.7%Fiscal year 2022Net income93.4 +7.3%EPS, diluted2.14 +8.1%Fiscal year 2023Net income28.0 −70.0%EPS, diluted0.64 −70.1%Fiscal year 2024Net income35.4 +26.6%EPS, diluted0.80 +25.0%Fiscal year 2025Net income−150.5 −524.7%EPS, diluted−3.24 −505.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income 23.9 33.1 53.1 66.5 68.5 87.1 93.4 28.0 35.4 −150.5
Growth +38.5% +60.4% +25.3% +2.9% +27.1% +7.3% −70.0% +26.6% −524.7%
EPS, diluted 0.79 0.95 1.38 1.53 1.55 1.98 2.14 0.64 0.80 −3.24
Growth +20.3% +45.3% +10.9% +1.3% +27.7% +8.1% −70.1% +25.0% −505.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow25.5Capital expenditure−1.4Free cash flow24.2Dividends paid−8.4Fiscal year 2017Operating cash flow49.1Capital expenditure−2.7Free cash flow46.4 +91.9%Dividends paid−11.7Fiscal year 2018Operating cash flow72.3Capital expenditure−3.4Free cash flow68.9 +48.5%Dividends paid−15.4Fiscal year 2019Operating cash flow174.4Capital expenditure−4.6Free cash flow169.8 +146.6%Dividends paid−20.8Fiscal year 2020Operating cash flow78.9Capital expenditure−5.9Free cash flow73.0 −57.0%Buybacks−19.6Dividends paid−21.2Fiscal year 2021Operating cash flow106.4Capital expenditure−1.4Free cash flow104.9 +43.7%Buybacks−7.6Dividends paid−24.8Fiscal year 2022Operating cash flow94.4Capital expenditure−6.4Free cash flow88.0 −16.2%Buybacks0.0Dividends paid−27.8Fiscal year 2023Operating cash flow88.9Capital expenditure−7.8Free cash flow81.2 −7.7%Buybacks0.0Dividends paid−28.3Fiscal year 2024Operating cash flow6.4Capital expenditure−5.1Free cash flow1.3 −98.4%Buybacks0.0Dividends paid−28.3Fiscal year 2025Operating cash flow79.2Capital expenditure−5.0Free cash flow74.3 +5,684.7%Dividends paid−29.5
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 25.5 49.1 72.3 174.4 78.9 106.4 94.4 88.9 6.4 79.2
Capital expenditure −1.4 −2.7 −3.4 −4.6 −5.9 −1.4 −6.4 −7.8 −5.1 −5.0
Free cash flow 24.2 46.4 68.9 169.8 73.0 104.9 88.0 81.2 1.3 74.3
Growth +91.9% +48.5% +146.6% −57.0% +43.7% −16.2% −7.7% −98.4% +5,684.7%
Buybacks n/a n/a n/a n/a −19.6 −7.6 0.0 0.0 0.0 n/a
Dividends paid −8.4 −11.7 −15.4 −20.8 −21.2 −24.8 −27.8 −28.3 −28.3 −29.5

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash53.4Shareholders’ equity340.9Fiscal year 2017Cash60.0Shareholders’ equity457.1Fiscal year 2018Cash58.5Shareholders’ equity492.0Fiscal year 2019Cash98.8Shareholders’ equity656.0Fiscal year 2020Cash249.7Total debt475.0Net cash (debt)−225.3Shareholders’ equity692.2Debt to equity0.69Fiscal year 2021Cash593.5Total debt712.7Net cash (debt)−119.2Shareholders’ equity723.2Debt to equity0.99Fiscal year 2022Cash123.5Total debt1,142.9Net cash (debt)−1,019.4Shareholders’ equity677.4Debt to equity1.69Fiscal year 2023Cash526.5Total debt1,353.1Net cash (debt)−826.5Shareholders’ equity718.8Debt to equity1.88Fiscal year 2024Cash293.4Total debt1,232.3Net cash (debt)−938.8Shareholders’ equity763.6Debt to equity1.61Fiscal year 2025Cash139.5Total debt248.6Net cash (debt)−109.1Shareholders’ equity688.3Debt to equity0.36
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 53.4 60.0 58.5 98.8 249.7 593.5 123.5 526.5 293.4 139.5
Total debt n/a n/a n/a n/a 475.0 712.7 1,142.9 1,353.1 1,232.3 248.6
Net cash (debt) n/a n/a n/a n/a −225.3 −119.2 −1,019.4 −826.5 −938.8 −109.1
Shareholders’ equity 340.9 457.1 492.0 656.0 692.2 723.2 677.4 718.8 763.6 688.3
Debt to equity n/a n/a n/a n/a 0.69 0.99 1.69 1.88 1.61 0.36

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Spending
26.9% 30.9% 16.4% 16.7% 12.6% 15.0% 11.5% 28.3% −29.5% n/a
Returns
7.0% 7.2% 10.8% 10.1% 9.9% 12.0% 13.8% 3.9% 4.6% −21.9%
0.8% 0.8% 1.3% 1.3% 1.2% 1.2% 1.2% 0.4% 0.5% −2.3%
Balance and payout
n/a n/a n/a n/a 0.69 0.99 1.69 1.88 1.61 0.36
89.1% 88.5% 88.4% 87.5% 88.2% 90.2% 91.4% 90.9% 90.2% 89.3%
35.1% 35.4% 29.0% 31.3% 30.9% 28.4% 29.7% 101.2% 80.0% n/a
34.7% 25.3% 22.4% 12.3% 55.9% 30.9% 31.6% 34.9% 2,206.2% 39.7%