Horizon Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary
Horizon Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary
Horizon Bancorp Inc HBNC.OQ reported quarterly adjusted earnings of 49 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 47 cents. The mean expectation of five analysts for the quarter was for earnings of 51 cents per share. Wall Street expected results to range from 51 cents to
Revenue rose 13.9% to $75.50 million from a year ago; analysts expected $76.41 million.
Horizon Bancorp Inc's reported EPS for the quarter was 49 cents.
The company reported quarterly net income of $24.91 million.
Horizon Bancorp Inc shares had risen by 2.2% this quarter and gained 20.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Horizon Bancorp Inc is $21.00, about 2.8% above its last closing price of $20.41
This summary was machine generated from LSEG data July 22 at 09:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.51 | 0.49 | Missed |
Mar. 31 2026 | 0.48 | 0.51 | Beat |
Dec. 31 2025 | 0.50 | 0.53 | Beat |
Sep. 30 2025 | -1.75 | 1.90 | Beat |
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