Horizon Bancorp, Inc.

HBNC · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$355$319$278$247
% Growth11.3%14.8%12.8%
Cost of Goods Sold$173$139$35$16
Gross Profit$182$180$243$230
% Margin51.2%56.5%87.5%93.4%
R&D Expenses$0$0$0$0
G&A Expenses$93$85$83$76
SG&A Expenses$93$85$83$76
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$61$57$55$51
Operating Expenses$155$141$138$128
Operating Income$27$39$106$102
% Margin7.7%12.2%38%41.5%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$27$39$106$102
Tax Expense-$8$11$12$15
Net Income$35$28$93$87
% Margin10%8.8%33.6%35.3%
EPS0.810.642.141.99
% Growth26.6%-70.1%7.5%
EPS Diluted0.80.642.141.98
Weighted Avg Shares Out44444444
Weighted Avg Shares Out Dil44444444
Supplemental Information
Interest Income$356$312$236$194
Interest Expense$168$137$37$18
Depreciation & Amortization$12$12$13$14
EBITDA$40$51$119$116
% Margin11.2%16%42.7%47.2%
Horizon Bancorp, Inc. (HBNC) Financial Statements & Key Stats | AlphaPilot