HORIZON BANCORP INC /IN/ — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that HORIZON BANCORP INC /IN/ filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($150.48M) | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $35.43M | Mar 13, 2026 |
| FY2025 | Dec 31, 2023 | $27.98M | Mar 13, 2026 |
| FY2024 | Dec 31, 2022 | $93.41M | Mar 14, 2025 |
| FY2021 | Dec 31, 2021 | $21.43M | Mar 9, 2022 |
| FY2021 | Sep 30, 2021 | $23.07M | Mar 9, 2022 |
| FY2021 | Jun 30, 2021 | $22.17M | Mar 9, 2022 |
| FY2021 | Mar 31, 2021 | $20.42M | Mar 9, 2022 |
| FY2021 | Dec 31, 2020 | $21.89M | Mar 9, 2022 |
| FY2021 | Sep 30, 2020 | $20.31M | Mar 9, 2022 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $79.23M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $6.37M | Mar 13, 2026 |
| FY2025 | Dec 31, 2023 | $88.94M | Mar 13, 2026 |
| FY2024 | Dec 31, 2022 | $94.38M | Mar 14, 2025 |
| FY2023 | Dec 31, 2021 | $106.35M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $78.86M | Mar 15, 2023 |
| FY2021 | Dec 31, 2019 | $174.37M | Mar 9, 2022 |
| FY2020 | Dec 31, 2018 | $72.29M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $49.06M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $25.55M | Feb 28, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.96M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $5.08M | Mar 13, 2026 |
| FY2025 | Dec 31, 2023 | $7.78M | Mar 13, 2026 |
| FY2024 | Dec 31, 2022 | $6.43M | Mar 14, 2025 |
| FY2023 | Dec 31, 2021 | $1.44M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $5.87M | Mar 15, 2023 |
| FY2021 | Dec 31, 2019 | $4.61M | Mar 9, 2022 |
| FY2020 | Dec 31, 2018 | $3.43M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $2.69M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $1.38M | Feb 28, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.44B | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $7.80B | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $7.94B | Mar 14, 2025 |
| FY2023 | Dec 31, 2022 | $7.87B | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $7.41B | Mar 15, 2023 |
| FY2021 | Dec 31, 2020 | $5.89B | Mar 9, 2022 |
| FY2020 | Dec 31, 2019 | $5.25B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $4.25B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $3.96B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $3.14B | Feb 28, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.75B | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $7.04B | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $7.22B | Mar 14, 2025 |
| FY2023 | Dec 31, 2022 | $7.20B | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $6.69B | Mar 15, 2023 |
| FY2021 | Dec 31, 2020 | $5.19B | Mar 9, 2022 |
| FY2020 | Dec 31, 2019 | $4.59B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $3.75B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $3.51B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $2.80B | Feb 28, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $688.25M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $763.58M | Mar 13, 2026 |
| FY2025 | Dec 31, 2023 | $718.81M | Mar 13, 2026 |
| FY2025 | Dec 31, 2022 | $677.38M | Mar 13, 2026 |
| FY2024 | Dec 31, 2021 | $723.21M | Mar 14, 2025 |
| FY2023 | Dec 31, 2020 | $692.22M | Mar 15, 2024 |
| FY2022 | Dec 31, 2019 | $656.02M | Mar 15, 2023 |
| FY2021 | Dec 31, 2018 | $491.99M | Mar 9, 2022 |
| FY2020 | Dec 31, 2017 | $457.08M | Feb 26, 2021 |
| FY2019 | Dec 31, 2016 | $340.86M | Feb 28, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $155.21M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $155.21M | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $155.21M | Mar 14, 2025 |
| FY2023 | Dec 31, 2022 | $155.21M | Mar 15, 2024 |
| FY2023 | Dec 31, 2021 | $154.57M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $151.24M | Mar 15, 2023 |
| FY2021 | Dec 31, 2019 | $151.24M | Mar 9, 2022 |
| FY2019 | Mar 26, 2019 | $31.20M | Feb 28, 2020 |
| FY2020 | Dec 31, 2018 | $119.88M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $119.88M | Feb 28, 2020 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $255.00M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $436.12M | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $429.02M | Mar 14, 2025 |
| FY2023 | Dec 31, 2022 | $429.39M | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $363.74M | Mar 15, 2023 |
| FY2021 | Dec 31, 2020 | $301.42M | Mar 9, 2022 |
| FY2020 | Dec 31, 2019 | $269.74M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $224.04M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $185.57M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $164.17M | Feb 28, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $139.46M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $293.43M | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $526.52M | Mar 14, 2025 |
| FY2021 | Dec 31, 2021 | $593.51M | Mar 9, 2022 |
| FY2021 | Dec 31, 2020 | $249.71M | Mar 9, 2022 |
| FY2021 | Dec 31, 2019 | $98.83M | Mar 9, 2022 |
| FY2021 | Dec 31, 2018 | $58.49M | Mar 9, 2022 |
| FY2020 | Dec 31, 2017 | $59.98M | Feb 26, 2021 |
| FY2019 | Dec 31, 2016 | $53.42M | Feb 28, 2020 |
| FY2018 | Dec 31, 2015 | $35.32M | Feb 28, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $248.59M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $1.23B | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $1.35B | Mar 14, 2025 |
| FY2023 | Dec 31, 2022 | $1.14B | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $712.74M | Mar 15, 2023 |
| FY2021 | Dec 31, 2020 | $475.00M | Mar 9, 2022 |
| FY2015 | Dec 31, 2015 | $449.35M | Feb 29, 2016 |
| FY2015 | Dec 31, 2014 | $351.20M | Feb 29, 2016 |
| FY2014 | Dec 31, 2013 | $256.30M | Mar 13, 2015 |
| FY2013 | Dec 31, 2012 | $345.76M | Feb 28, 2014 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (3) | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 13, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Mar 13, 2026 |
| FY2024 | Dec 31, 2022 | 2 | Mar 14, 2025 |
| FY2021 | Dec 31, 2021 | 0 | Mar 9, 2022 |
| FY2021 | Sep 30, 2021 | 0 | Mar 9, 2022 |
| FY2021 | Jun 30, 2021 | 0 | Mar 9, 2022 |
| FY2021 | Mar 31, 2021 | 0 | Mar 9, 2022 |
| FY2021 | Dec 31, 2020 | 0 | Mar 9, 2022 |
| FY2021 | Sep 30, 2020 | 0 | Mar 9, 2022 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (3) | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 13, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Mar 13, 2026 |
| FY2024 | Dec 31, 2022 | 2 | Mar 14, 2025 |
| FY2021 | Dec 31, 2021 | 0 | Mar 9, 2022 |
| FY2021 | Sep 30, 2021 | 0 | Mar 9, 2022 |
| FY2021 | Jun 30, 2021 | 0 | Mar 9, 2022 |
| FY2021 | Mar 31, 2021 | 0 | Mar 9, 2022 |
| FY2021 | Dec 31, 2020 | 0 | Mar 9, 2022 |
| FY2021 | Sep 30, 2020 | 0 | Mar 9, 2022 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 51.22M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | 44.23M | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | 44.11M | Mar 14, 2025 |
| FY2023 | Dec 31, 2022 | 43.94M | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | 43.81M | Mar 15, 2023 |
| FY2021 | Dec 31, 2020 | 43.88M | Mar 9, 2022 |
| FY2020 | Dec 31, 2019 | 44.98M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | 38.38M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | 38.29M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | 22.17M | Feb 28, 2018 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $29.49M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $28.33M | Mar 13, 2026 |
| FY2025 | Dec 31, 2023 | $28.31M | Mar 13, 2026 |
| FY2024 | Dec 31, 2022 | $27.77M | Mar 14, 2025 |
| FY2023 | Dec 31, 2021 | $24.77M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $21.18M | Mar 15, 2023 |
| FY2021 | Dec 31, 2019 | $20.84M | Mar 9, 2022 |
| FY2020 | Dec 31, 2018 | $15.42M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $11.72M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $8.38M | Feb 28, 2019 |