HORIZON BANCORP, INC. financials
Source: EDGAR filings · Built 2026-06-02T03:11:56Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 74.28M | 1.28M | 81.16M | 87.95M | 104.91M | 72.99M |
| Net Debt | 109.13M | 938.82M | 826.53M | 1.02B | 120.98M | 227.49M |
| Return on Equity (ROE) | -21.86% | 4.64% | 3.89% | 13.79% | 12.04% | 9.90% |
| Return on Assets (ROA) | -2.34% | 0.45% | 0.35% | 1.19% | 1.18% | 1.16% |
| Debt-to-Equity | 0.36× | 1.61× | 1.88× | 1.69× | 0.99× | 0.69× |
| Effective Tax Rate | 25.19% | -29.54% | 28.25% | 11.53% | 14.99% | 12.59% |
| Cash Conversion Ratio | -0.53× | 0.18× | 3.18× | 1.01× | 1.22× | 1.15× |
| Accruals Ratio | -0.04× | 0.00× | -0.01× | -0.00× | -0.00× | -0.00× |
| CapEx Coverage | 15.99× | 1.25× | 11.44× | 14.68× | 73.85× | 13.44× |
| Free Cash Flow Per Share | $1.60 | $0.03 | $1.85 | $2.01 | $2.39 | $1.65 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | 20.14× | 22.36× | 7.05× | 10.53× | 10.23× |
| P/FCF | 10.61× | 553.61× | 7.73× | 7.49× | 8.74× | 9.59× |
| FCF Yield | 9.42% | 0.18% | 12.94% | 13.35% | 11.45% | 10.43% |
| P/B | 1.26× | 0.93× | 0.88× | 0.98× | 1.26× | 1.01× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Income Tax Expense (Benefit) | -50.67M | -8.08M | 11.02M | 12.18M | 15.36M | 9.87M |
| Net Income (Loss) Attributable to Parent | -150.48M | 35.43M | 27.98M | 93.41M | 87.09M | 68.50M |
| Earnings Per Share, Basic | $-3.24 | $0.81 | $0.64 | $2.14 | $1.99 | $1.56 |
| Weighted Average Number of Shares Outstanding, Basic | 46.49M | 43.70M | 43.63M | 43.57M | 43.80M | 44.04M |
| Earnings Per Share, Diluted | $-3.24 | $0.80 | $0.64 | $2.14 | $1.98 | $1.55 |
| Weighted Average Number of Shares Outstanding, Diluted | 46.49M | 44.06M | 43.84M | 43.70M | 43.96M | 44.12M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 139.46M | 293.43M | 526.51M | — | 593.51M | 249.71M |
| Assets | 6.44B | 7.80B | 7.94B | 7.87B | 7.41B | 5.89B |
| Long-term Debt | 248.59M | 1.23B | 1.35B | 1.14B | 712.74M | 475.00M |
| Liabilities | 5.75B | 7.04B | 7.22B | 7.20B | 6.69B | 5.19B |
| Stockholders' Equity Attributable to Parent | 688.25M | 763.58M | 718.81M | 677.38M | 723.21M | 692.22M |
| Common Stock, Shares, Outstanding | 51.22M | 44.23M | 44.11M | 43.94M | 43.81M | 43.88M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 79.23M | 6.37M | 88.94M | 94.38M | 106.35M | 78.86M |
| Payments to Acquire Property, Plant, and Equipment | 4.96M | 5.08M | 7.78M | 6.43M | 1.44M | 5.87M |
| Net Cash Provided by (Used in) Investing Activities | 979.48M | -52.78M | 329.52M | -1.02B | -344.85M | -478.46M |
| Payments for Repurchase of Common Stock | — | 0 | 0 | 0 | 7.61M | 19.64M |
| Net Cash Provided by (Used in) Financing Activities | -1.21B | -186.68M | -15.44M | 455.55M | 582.30M | 550.48M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 20.71M | 32.63M | 41.65M | 32.24M | 14.12M | -50.17M |
| Net Debt | -33.24M | 109.13M | -211.08M | 837.51M | 730.40M | 938.82M |
| Return on Equity (ROE) | 3.74% | 3.91% | -33.60% | 2.61% | 3.09% | -1.43% |
| Return on Assets (ROA) | 0.40% | 0.42% | -3.31% | 0.27% | 0.31% | -0.14% |
| Debt-to-Equity | 0.32× | 0.36× | 0.37× | 1.23× | 1.16× | 1.61× |
| Effective Tax Rate | 19.10% | 17.66% | 22.47% | 15.38% | 14.75% | 50.39% |
| Cash Conversion Ratio | 0.79× | 1.25× | -0.21× | 1.68× | 0.64× | 4.45× |
| Accruals Ratio | 0.00× | -0.00× | -0.04× | -0.00× | 0.00× | 0.00× |
| CapEx Coverage | 370.75× | 35.60× | 11.38× | 13.88× | 13.50× | -26.90× |
| Free Cash Flow Per Share | $0.40 | $0.70 | $0.88 | $0.73 | $0.32 | $-1.14 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | 13.15× | 14.78× | 20.14× |
| P/B | 1.22× | 1.26× | 1.24× | 0.86× | 0.86× | 0.93× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Income Tax Expense (Benefit) | 6.18M | 5.77M | -64.34M | 3.75M | 4.14M | -11.05M |
| Net Income (Loss) Attributable to Parent | 26.17M | 26.92M | -221.99M | 20.64M | 23.94M | -10.88M |
| Earnings Per Share, Basic | $0.51 | $0.70 | $-4.69 | $0.47 | $0.55 | $-0.25 |
| Weighted Average Number of Shares Outstanding, Basic | 50.99M | 46.49M | 47.31M | 43.79M | 43.78M | 43.70M |
| Earnings Per Share, Diluted | $0.51 | $0.70 | $-4.69 | $0.47 | $0.54 | $-0.25 |
| Weighted Average Number of Shares Outstanding, Diluted | 51.24M | 46.49M | 47.31M | 44.03M | 43.95M | 44.06M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 259.07M | 139.46M | 458.25M | 137.92M | 169.67M | 293.43M |
| Assets | 6.56B | 6.44B | 6.71B | 7.65B | 7.63B | 7.80B |
| Long-term Debt | — | 248.59M | — | — | — | 1.23B |
| Liabilities | 5.87B | 5.75B | 6.05B | 6.86B | 6.85B | 7.04B |
| Stockholders' Equity Attributable to Parent | 699.03M | 688.25M | 660.77M | 790.85M | 776.06M | 763.58M |
| Common Stock, Shares, Outstanding | — | 51.22M | — | — | — | 44.23M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 20.76M | 33.57M | 45.66M | 34.74M | 15.24M | -48.37M |
| Payments to Acquire Property, Plant, and Equipment | 56.00K | 943.00K | 4.01M | 2.50M | 1.13M | 1.80M |
| Net Cash Provided by (Used in) Investing Activities | -17.18M | -46.27M | 1.03B | -14.48M | 38.86M | 269.65M |
| Net Cash Provided by (Used in) Financing Activities | 116.03M | -306.10M | -906.59M | -175.78M | -177.87M | -162.68M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (HBNC CIK 0000706129),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.