Horizon Bancorp, Inc. Reports Third Quarter 2024 Results, Including EPS of $0.41 and Continued Profitability Improvement, as well as Accretive Balance Sheet Initiatives
Horizon Bancorp, Inc. (HBNC)
Last horizon bancorp, inc. earnings: 4/29 05:30 pm
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snl.com/irweblinkx/corporateprofile.aspx?iid=100750
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Source: GlobeNewswire
MICHIGAN CITY, Ind., Oct. 23, 2024 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited financial results for the three and nine months ended September 30, 2024. Net income for the three months ended September 30, 2024 was $18.2 million, or $0.41 per diluted share, compared to net income of $14.1 million, or $0.32, for the second quarter of 2024 and compared to net income of $16.2 million, or $0.37 per diluted share, for the third quarter of 2023. Net income for the nine months ended September 30, 2024 was $46.3 million, or $1.05 per diluted share, compared to net income of $53.2 million, or $1.21, for the nine months ended September 30, 2023. Third Quarter 2024 Highlights Net interest income increased for the fourth consecutive quarter to $46.9 million, compared to $45.3 million in the linked quarter of 2024. Net interest margin, on a fully taxable equ
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News
- Results: Horizon Bancorp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates [Yahoo! Finance]Yahoo! Finance
- Horizon Bancorp, Inc. (NASDAQ: HBNC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Horizon Bancorp, Inc. 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
- Horizon Bancorp (HBNC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates [Yahoo! Finance]Yahoo! Finance
- Horizon Bancorp, Inc. (NASDAQ: HBNC) is now covered by analysts at Hovde Group. They set an "outperform" rating and a $18.00 price target on the stock.MarketBeat
HBNC
Earnings
- 10/23/24 - Beat
HBNC
Sec Filings
- 10/31/24 - Form SC
- 10/24/24 - Form 13F-HR
- 10/23/24 - Form 8-K
- HBNC's page on the SEC website