Horizon Bancorp, Inc.

HBNC · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$355,378$319,323$278,073$246,570
% Growth11.3%14.8%12.8%
Cost of Goods Sold$173,268$139,020$34,699$16,221
Gross Profit$182,110$180,303$243,374$230,349
% Margin51.2%56.5%87.5%93.4%
R&D Expenses$0$0$0$0
G&A Expenses$93,276$84,689$82,841$76,428
SG&A Expenses$93,276$84,689$82,841$76,428
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$61,484$56,615$54,949$51,474
Operating Expenses$154,760$141,304$137,790$127,902
Operating Income$27,350$38,999$105,584$102,447
% Margin7.7%12.2%38%41.5%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$27,350$38,999$105,584$102,447
Tax Expense-$8,079$11,018$12,176$15,356
Net Income$35,429$27,981$93,408$87,091
% 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 Out43,70243,63043,56943,803
Weighted Avg Shares Out Dil44,06443,84443,69943,955
Supplemental Information
Interest Income$356,483$312,305$236,033$194,110
Interest Expense$167,879$136,561$36,515$18,305
Depreciation & Amortization$12,302$11,970$13,099$13,875
EBITDA$39,652$50,969$118,683$116,322
% Margin11.2%16%42.7%47.2%
Horizon Bancorp, Inc. (HBNC) Financial Statements & Key Stats | AlphaPilot