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Companies $HBNC
$20.85 +$0.06 (0.29%) Close
Horizon Bancorp Inc logo

Horizon Bancorp Inc

horizonbank.com

How Do They Make Money?

FY2025 revenue

Do Revenues Turn Into Profits?

Not on paper. It lost $150.5M in FY2025, but brought in more cash than it spent: $74.3M of free cash flow.

Net income, FY2025
−41% of revenue
▼ Now a loss vs FY2024 ($35.4M, 10%)
Free cash flow, FY2025
20% of revenue
▲ +5685% vs FY2024 ($1.3M, 0%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −3%
vs $91.5M in Q2 FY2025
Net income
▲ +21%
vs $20.6M in Q2 FY2025

Growing. Revenue grew 87% in 4 years, from $194.1M in FY2021 to $362.8M in FY2025, about 17% a year.

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