Recent Updates — HBNC
Horizon Bancorp reported third-quarter 2026 net income of $28.7 million, or $0.56 per diluted share, compared to a loss of $222.0 million in the year-ago period and $24.9 million in the second quarter. Net interest income rose 11.6% to $65.2 million as the fully taxable equivalent net interest margin held steady at 4.37%. Total deposits grew by $81.2 million, while loans held for investment increased by $46.9 million. The company recorded a provision for credit losses of $1.3 million and reported annualized net charge-offs of 0.10% of average loans. Horizon Bancorp is the parent company of Horizon Bank, serving customers in Indiana and Michigan through community banking operations.
On September 15, 2026, the Board of Directors approved a quarterly cash dividend of $0.16 per share. The payment is scheduled for October 16, 2026, to stockholders of record as of October 2, 2026. Horizon Bancorp operates in the banking industry and provides financial services.
Horizon Bancorp, Inc. reported second quarter 2026 results with net income of $24.9 million, or $0.49 per diluted share, despite a $3.1 million pre-tax legal charge. Net interest income rose 14.7% year-over-year to $63.5 million, and the net interest margin expanded to 4.37%. The company's total assets stand at $6.6 billion, and it continues to maintain a strong capital position with a total risk-based capital ratio of 15.01%. Horizon Bancorp, Inc. is a commercial bank holding company providing retail and business banking services across the Midwest.
Horizon Bancorp, Inc. announced that its second quarter 2026 financial results will be released after the market close on July 22, 2026, with a conference call to discuss the results on July 23, 2024. Horizon Bancorp, Inc. is a financial services company providing banking and wealth management services.