Welcome to our dedicated page for Horizon Bancorp news (Ticker: HBNC), a resource for investors and traders seeking the latest updates and insights on Horizon Bancorp stock.
Horizon Bancorp, Inc. (HBNC) maintains this dedicated news portal as the definitive source for investors tracking this community banking institution. Our curated collection features official press releases, regulatory filings, and market analyses relevant to HBNC's operations across Indiana, Michigan, and Ohio.
Access real-time updates on quarterly earnings, leadership changes, and strategic initiatives directly from the NASDAQ-listed financial services provider. The archive includes detailed coverage of commercial lending developments, community partnership announcements, and regulatory compliance updates.
Key content categories include financial results, acquisition activity, dividend declarations, and corporate governance matters. Bookmark this page for streamlined monitoring of HBNC's evolving position in the regional banking sector and its impact on shareholder value.
Horizon Bank (NASDAQ GS: HBNC) has appointed John Hatfield as Senior Vice President, Director of Marketing. Hatfield brings over 20 years of experience in strategic marketing, business development, and branding across multiple industries.
CEO Thomas Prame emphasized that Hatfield's proven track record in building cohesive teams will contribute to the bank's strategic initiatives. In his new role, Hatfield will lead Horizon's marketing strategy, focusing on enhancing brand awareness, developing multi-channel marketing campaigns, and expanding local community outreach efforts.
Horizon Bancorp (NASDAQ:HBNC) reported strong Q2 2025 financial results with net income of $20.6 million, or $0.47 per diluted share. The quarter marked the seventh consecutive quarter of net interest margin expansion, reaching 3.23%.
Key highlights include a 5.9% increase in net interest income to $55.4 million compared to Q1 2025, strong organic commercial loan growth of $117.2 million (14.8% annualized), and excellent credit quality with annualized net charge-offs of just 0.02%. The company's efficiency ratio improved to 59.48%, while maintaining stable non-time deposit balances and reducing interest-bearing liability costs.
For the first six months of 2025, earnings per share grew 58% compared to the same period in 2024, demonstrating continued momentum in key performance metrics including ROAA and ROATCE.
Horizon Bancorp (NASDAQ GS: HBNC) has scheduled a conference call to discuss its second quarter 2025 financial results. The company will release its Q2 2025 earnings report after market close on Wednesday, July 23, 2025, followed by a conference call on Thursday, July 24, 2025, at 7:30 a.m. CT (8:30 a.m. ET).
Investors can access the live conference call using various dial-in numbers based on their location. A replay of the call will be available until August 1, 2025, accessible through dedicated replay phone numbers and access code 5878909.
Horizon Bancorp (NASDAQ: HBNC) has scheduled a conference call to discuss its first quarter 2025 financial results on Thursday, April 24, 2025, at 7:30 a.m. CT. The company will release its Q1 2025 earnings report after market close on Wednesday, April 23, 2025.
Investors can access the live conference call by dialing specific numbers for the United States (833-974-2379), Canada (866-450-4696), or international locations (412-317-5772). A replay of the call will be available until May 2, 2025, accessible through different dial-in numbers with access code 6313653.
Horizon Bancorp (NASDAQ: HBNC) announced significant leadership changes to its Board of Directors. Craig Dwight will retire as Chairman effective May 1, 2025, following his written notice on February 24, 2025. The Board has elected Eric Blackhurst as Independent Chairperson, leveraging his seven-year tenure as Company Director and 35-year career at Dow Chemical Company.
With this transition, the Independent Lead Director role held by Michele Magnuson will be retired, though she will remain on the Board serving on the Compensation and Governance Committees. Additionally, Larry Magnesen, with over 20 years of experience at Fifth Third Bank, has joined Horizon Bank's Board of Directors effective February 25, 2025.
Horizon Bancorp (NASDAQ: HBNC) reported a net loss of $10.9 million ($0.25 per diluted share) for Q4 2024, compared to net income of $18.2 million in Q3 2024. The loss was primarily due to a $39.1 million pre-tax loss on investment securities sale, partially offset by a $5.1 million tax valuation allowance reversal.
Key Q4 2024 highlights include: net interest income increased to $53.1 million, marking the fifth consecutive quarterly increase; net interest margin expanded to 2.97%; total loans reached $4.91 billion, up $108.6 million from Q3; and total deposits declined by $126.4 million to $5.60 billion. Credit quality remained strong with annualized net charge-offs of 0.05%.
The company completed several strategic initiatives, including the repositioning of $332.2 million of available-for-sale securities and the sale of its mortgage warehouse division, effective January 17th, with gains to be recognized in Q1 2025.
Horizon Bancorp (NASDAQ GS: HBNC) has scheduled a conference call for January 23, 2025, at 7:30 a.m. CT to discuss its fourth quarter and full year 2024 financial results. The company will release its financial results after market close on January 22, 2025, which will be available on their investor relations website.
Participants can join the call by dialing specific numbers: 833-974-2379 (US), 866-450-4696 (Canada), or 412-317-5772 (international), requesting the "Horizon Bancorp Call." A replay will be available until January 31, 2025, accessible via 877-344-7529 (US), 855-669-9658 (Canada), or 412-317-0088 (international) using access code 3435614.
Horizon Bancorp reported Q3 2024 net income of $18.2 million, or $0.41 per diluted share, up from $14.1 million ($0.32) in Q2 2024. Net interest income increased for the fourth consecutive quarter to $46.9 million. The company maintained strong credit quality with annualized net charge-offs of 0.03%. Total loans held for investment remained at $4.8 billion, while deposits grew 1.7% to $5.7 billion. The company announced strategic actions including the repositioning of $325 million in securities and plans to sell its mortgage warehouse business in Q4 2024.
Horizon Bancorp, Inc. (NASDAQ GS: HBNC) has announced a conference call scheduled for October 24, 2024, at 7:30 a.m. CT to discuss its third quarter 2024 financial results. The company's Q3 news release will be published after market close on October 23, 2024, and will be available on their investor relations website. Participants can join the call by dialing specific numbers for the US, Canada, or international locations. A telephone replay of the call will be accessible until November 1, 2024.
Horizon Bank, an $8 billion financial institution and division of Horizon Bancorp, Inc. (NASDAQ GS: HBNC), has partnered with Blend (NYSE: BLND) to enhance its mortgage lending process. Blend's Mortgage Suite will provide Horizon Bank with a digital mortgage solution that streamlines the application experience, reduces origination costs, and boosts loan officer productivity.
Key features include:
- Advanced automation and mobile capabilities
- Seamless integration with existing infrastructure
- LO productivity tools for faster customer service
- Desktop and mobile access for loan officers
Blend processes over 20% of the nation's total mortgage origination volume and has demonstrated an average reduction of 8 days in loan cycle time, resulting in $914 in average cost savings per loan.
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