The latest update is out from Horizon Bancorp ( (HBNC) ).
Horizon Bancorp, Inc. reported its financial results for the first quarter of 2025, highlighting a net income of $23.9 million, a significant improvement from a net loss in the previous quarter. The company achieved a sixth consecutive quarter of net interest margin expansion, strong loan growth, and maintained stable core deposits. The sale of its mortgage warehouse business contributed a pre-tax gain of $7.0 million, and the company reduced expenses by $5.6 million, reflecting a more efficient expense base.
Spark’s Take on HBNC Stock
According to Spark, TipRanks’ AI Analyst, HBNC is a Neutral.
Horizon Bancorp’s strong financial fundamentals and strategic growth initiatives are key strengths, bolstered by robust profit margins and effective cost management. Despite recent negative technical indicators and challenges in revenue growth, the company’s solid dividend yield and positive earnings call outlook support its stock performance.
To see Spark’s full report on HBNC stock, click here.
More about Horizon Bancorp
Horizon Bancorp, Inc. is the parent company of Horizon Bank, operating in the financial services industry. The company focuses on community banking and offers a range of financial products and services, including loans and deposit accounts, with a strong emphasis on expanding its local relationship banking model.
YTD Price Performance: -11.55%
Average Trading Volume: 175,606
Technical Sentiment Signal: Hold
Current Market Cap: $613.6M
Find detailed analytics on HBNC stock on TipRanks’ Stock Analysis page.