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
Check Earnings Report
US:NASDAQ Investor Relations:
snl.com/irweblinkx/corporateprofile.aspx?iid=100750
Company Research
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
Show less
Read more
Impact Snapshot
Event Time:
HBNC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HBNC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HBNC alerts
High impacting Horizon Bancorp, Inc. news events
Weekly update
A roundup of the hottest topics
HBNC
News
- Horizon Bancorp, Inc. (NASDAQ: HBNC) had its price target raised by analysts at Keefe, Bruyette & Woods from $17.00 to $19.00. They now have a "market perform" rating on the stock.MarketBeat
- Horizon Bancorp, Inc. (NASDAQ: HBNC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- 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
HBNC
Earnings
- 10/23/24 - Beat
HBNC
Sec Filings
- 12/20/24 - Form 8-K
- 12/20/24 - Form 8-K
- 12/5/24 - Form 4
- HBNC's page on the SEC website