HORIZON BANCORP, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $145.2M | $121.4M | $103.2M | $89.3M | $87.3M | $85.5M | $68.4M | $67.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $64.3M | $53.3M | $41.6M | $37.5M | $40.4M | $42.3M | $33.5M | $34.3M |
| Operating Margin | 44.3% | 43.8% | 40.4% | 42.0% | 46.3% | 49.5% | 48.9% | 50.8% |
| Interest Expense | $16.4M | $20.5M | $13.9M | $13.2M | $13.5M | $14.3M | $16.5M | $20.9M |
| Pretax Income | $48.0M | $32.7M | $27.8M | $24.3M | $26.9M | $28.0M | $17.0M | $13.4M |
| Income Tax Expense | $14.8M | $8.8M | $7.2M | $6.2M | $7.0M | $8.4M | $4.2M | $2.9M |
| Net Income | $33.1M | $23.9M | $20.5M | $18.1M | $19.9M | $19.5M | $12.8M | $10.5M |
| Net Margin | 22.8% | 19.7% | 19.9% | 20.3% | 22.8% | 22.8% | 18.7% | 15.5% |
| EPS (Basic) | $0.96 | $0.80 | $1.30 | $1.32 | $2.26 | $2.39 | $1.55 | $1.23 |
| EPS (Diluted) | $0.95 | $0.79 | $1.26 | $1.27 | $2.17 | $2.30 | $1.51 | $1.21 |
| Shares Outstanding (Basic) | 34.6M | 30.0M | 15.8M | 13.6M | 8.6M | 8.0M | 7.4M | 7.4M |
| Shares Outstanding (Diluted) | 34.8M | 30.1M | 16.2M | 14.2M | 9.0M | 8.3M | 7.6M | 7.5M |
| Dividends Per Share | $0.33 | $0.27 | $0.39 | $0.34 | $0.42 | $0.38 | $0.31 | $0.45 |