HBNC Board Maintains Quarterly $0.16 Payout to Shareholders

Rhea-AI Filing Summary

Horizon Bancorp, Inc. (NASDAQ: HBNC) disclosed in a Form 8-K (Item 8.01) that its Board of Directors declared a quarterly cash dividend of $0.16 per common share. The dividend will be paid on July 18, 2025 to shareholders of record as of July 3, 2025. No other material events, financial results, or strategic actions were reported in the filing.

The announcement maintains Horizon’s historical dividend level and signals continued capital return to shareholders, but it does not indicate changes to earnings guidance, capital ratios, or strategic outlook.

Positive

• Continued quarterly dividend of $0.16 per share reinforces management’s commitment to shareholder returns and indicates confidence in earnings stability.

Negative

• None.

Insights

Dividend & Income Analyst

TL;DR: Routine $0.16 dividend; modestly positive income signal, limited valuation impact.

The $0.16 payout is unchanged from prior quarters, implying management’s confidence in near-term earnings stability and regulatory capital. At an annualized $0.64, the forward yield is roughly 4.7% based on HBNC’s recent $13.60 share price, aligning with Midwest community-bank peers. Because the filing lacks additional financial metrics, investors cannot assess coverage ratios or payout sustainability, but the absence of adverse disclosures is a reassuring neutral-to-positive sign. Overall, the action supports the bank’s income-oriented equity thesis yet is unlikely to move the stock materially.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 17, 2025

HORIZON BANCORP, INC.

(Exact name of registrant as specified in its charter)

Indiana			000-10792			35-1562417
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification No.)

515 Franklin Street

Michigan City, IN 46360

(Address of principal executive offices, including zip code)

(219) 879-0211

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class			Trading Symbol(s)			Name of each exchange on which registered
Common stock, no par value			HBNC			The NASDAQ Stock Market, LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 8.01 Other Events

On June 17, 2025, the Board of Directors of Horizon Bancorp, Inc. approved a dividend of $0.16 per share, payable on July 18, 2025 to stockholders of record on July 3, 2025.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:			June 18, 2025			HORIZON BANCORP, INC.
						By:			/s/ John R. Stewart, CFA
									John R. Stewart, CFA
									Executive Vice President & Chief Financial Officer

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FAQ

What dividend did Horizon Bancorp (HBNC) declare on June 17, 2025?

The Board approved a $0.16 cash dividend per common share.

When is the record date for Horizon Bancorp’s July 2025 dividend?

Shareholders must be on record by July 3, 2025 to receive the payout.

When will Horizon Bancorp pay the declared dividend?

The $0.16 dividend will be paid on July 18, 2025.

Did the Form 8-K include any other material events or financial results?

No, the filing reported only the dividend declaration under Item 8.01.