HORIZON BANCORP, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $-27.0M | $191.6M | $187.7M | $247.0M | $233.8M | $225.2M | $203.8M | $169.0M |
| Interest_Income | — | — | — | — | — | — | — | — |
| Non_Interest_Income | — | — | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $-201.2M | $27.4M | $175.6M | $142.1M | $120.8M | $112.8M | $127.4M | $95.2M |
| Operating Margin | 746.0% | 14.3% | 93.5% | 57.5% | 51.7% | 50.1% | 62.5% | 56.3% |
| Interest Expense | — | — | $136.6M | $36.5M | $18.3M | $34.4M | $47.5M | $31.6M |
| Pretax Income | $-201.2M | $27.4M | $39.0M | $105.6M | $102.4M | $78.4M | $79.8M | $63.6M |
| Income Tax Expense | $-50.7M | $-8.1M | $11.0M | $12.2M | $15.4M | $9.9M | $13.3M | $10.4M |
| Net Income | $-150.5M | $35.4M | $28.0M | $93.4M | $87.1M | $68.5M | $66.5M | $53.1M |
| Net Margin | 558.0% | 18.5% | 14.9% | 37.8% | 37.3% | 30.4% | 32.6% | 31.4% |
| EPS (Basic) | $-3.24 | $0.81 | $0.64 | $2.14 | $1.99 | $1.56 | $1.53 | $1.39 |
| EPS (Diluted) | $-3.24 | $0.80 | $0.64 | $2.14 | $1.98 | $1.55 | $1.53 | $1.38 |
| Shares Outstanding (Basic) | 46.5M | 43.7M | 43.6M | 43.6M | 43.8M | 44.0M | 43.5M | 38.3M |
| Shares Outstanding (Diluted) | 46.5M | 44.1M | 43.8M | 43.7M | 44.0M | 44.1M | 43.6M | 38.5M |
| Dividends Per Share | $0.64 | $0.64 | $0.64 | $0.63 | $0.56 | $0.48 | $0.46 | $0.40 |