Horizon Bancorp (HBNC) Revenue & Revenue Breakdown


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Horizon Bancorp Revenue Highlights


Latest Revenue (Y)

$324.30M

Latest Revenue (Q)

$90.89M

Horizon Bancorp Revenue by Period


Horizon Bancorp Revenue by Year

DateRevenueChange
2023-12-31$324.30M34.25%
2022-12-31$241.56M5.82%
2021-12-31$228.26M3.79%
2020-12-31$219.93M12.66%
2019-12-31$195.22M20.03%
2018-12-31$162.64M15.95%
2017-12-31$140.27M18.48%
2016-12-31$118.38M18.67%
2015-12-31$99.76M18.07%
2014-12-31$84.49M2.26%
2013-12-31$82.62M1.67%
2012-12-31$81.26M18.78%
2011-12-31$68.41M1.32%
2010-12-31$67.52M7.82%
2009-12-31$62.63M22.36%
2008-12-31$51.18M13.54%
2007-12-31$45.08M8.15%
2006-12-31$41.68M2.45%
2005-12-31$40.69M12.73%
2004-12-31$36.09M2.27%
2003-12-31$35.29M5.66%
2002-12-31$33.40M13.89%
2001-12-31$29.33M14.97%
2000-12-31$25.51M265.37%
1999-12-31$6.98M8.20%
1998-12-31$6.45M2.17%
1997-12-31$6.32M8.60%
1996-12-31$5.82M45.87%
1995-12-31$3.99M-

Horizon Bancorp generated $324.30M in revenue during NA 2023, up 34.25% compared to the previous quarter, and up 199.40% compared to the same period a year ago.

Horizon Bancorp Revenue by Quarter

DateRevenueChange
2024-09-30$90.89M-6.78%
2024-06-30$97.50M2.79%
2024-03-31$94.86M50.41%
2023-12-31$63.06M19.44%
2023-09-30$52.80M-5.31%
2023-06-30$55.76M-22.34%
2023-03-31$71.80M23.42%
2022-12-31$58.17M-4.09%
2022-09-30$60.66M-3.63%
2022-06-30$62.95M5.29%
2022-03-31$59.78M-0.37%
2021-12-31$60.00M0.10%
2021-09-30$59.94M9.52%
2021-06-30$54.73M2.13%
2021-03-31$53.59M-11.27%
2020-12-31$60.39M5.55%
2020-09-30$57.22M11.26%
2020-06-30$51.43M1.06%
2020-03-31$50.89M-0.25%
2019-12-31$51.02M-3.34%
2019-09-30$52.78M4.76%
2019-06-30$50.38M22.75%
2019-03-31$41.04M1.40%
2018-12-31$40.48M-0.64%
2018-09-30$40.74M-0.54%
2018-06-30$40.96M1.20%
2018-03-31$40.47M2.72%
2017-12-31$39.40M13.60%
2017-09-30$34.69M1.54%
2017-06-30$34.16M6.68%
2017-03-31$32.02M8.07%
2016-12-31$29.63M-10.17%
2016-09-30$32.98M12.46%
2016-06-30$29.33M10.91%
2016-03-31$26.44M-0.47%
2015-12-31$26.57M-0.96%
2015-09-30$26.82M13.33%
2015-06-30$23.67M4.29%
2015-03-31$22.70M3.25%
2014-12-31$21.98M-2.69%
2014-09-30$22.59M2.01%
2014-06-30$22.14M24.55%
2014-03-31$17.78M-4.95%
2013-12-31$18.70M-4.27%
2013-09-30$19.54M-11.28%
2013-06-30$22.02M-1.49%
2013-03-31$22.36M8.26%
2012-12-31$20.65M-9.06%
2012-09-30$22.71M16.09%
2012-06-30$19.56M6.66%
2012-03-31$18.34M-1.35%
2011-12-31$18.59M0.33%
2011-09-30$18.53M16.45%
2011-06-30$15.91M3.45%
2011-03-31$15.38M-14.72%
2010-12-31$18.04M-1.27%
2010-09-30$18.27M12.14%
2010-06-30$16.29M9.14%
2010-03-31$14.93M-4.77%
2009-12-31$15.68M2.71%
2009-09-30$15.26M-3.28%
2009-06-30$15.78M-0.82%
2009-03-31$15.91M21.84%
2008-12-31$13.06M2.38%
2008-09-30$12.75M-3.62%
2008-06-30$13.23M9.04%
2008-03-31$12.14M-0.19%
2007-12-31$12.16M-

Horizon Bancorp generated $90.89M in revenue during Q3 2024, up -6.78% compared to the previous quarter, and up 163.00% compared to the same period a year ago.

Horizon Bancorp Revenue Breakdown


Horizon Bancorp Revenue Breakdown by Product

Quarterly Revenue by Product

Product/ServiceSep 18Jun 18
Interchange fees$1.41M-
Deposit Account$2.01M$1.91M
Wire transfer fees$160.00K-
Fiduciary and Trust$1.85M$1.82M

Horizon Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Sep 18: Deposit Account (36.97%), Fiduciary and Trust (34.14%), Interchange fees (25.95%), and Wire transfer fees (2.94%).

Horizon Bancorp Revenue Breakdown by Country

Quarterly Revenue by Country

CountrySep 18Jun 18
Fiduciary and Trust$1.85M$1.82M
Interchange fees$1.41M-
Wire transfer fees$160.00K-
Deposit Account$2.01M$1.91M

Horizon Bancorp's latest quarterly revenue breakdown by geography, as of Sep 18: Deposit Account (36.97%), Fiduciary and Trust (34.14%), Interchange fees (25.95%), and Wire transfer fees (2.94%).

Horizon Bancorp Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
NBHCNational Bank$559.33M$106.33M
FBNCFirst Bancorp$546.25M$145.66M
HBNCHorizon Bancorp$324.30M$90.89M
GABCGerman American Bancorp$316.92M$88.45M
HFWAHeritage Financial$303.13M$81.65M
BSRRSierra Bancorp$208.02M$52.59M
FFNWFirst Financial Northwest$80.93M$20.09M
CWBCCommunity West Bancshares$61.39M$27.26M
GSBCGreat Southern Bancorp$46.29M$91.36M

HBNC Revenue FAQ


What is Horizon Bancorp’s yearly revenue?

Horizon Bancorp's yearly revenue for 2023 was $324.3M, representing an increase of 34.25% compared to 2022. The company's yearly revenue for 2022 was $241.56M, representing an increase of 5.82% compared to 2021. HBNC's yearly revenue for 2021 was $228.26M, representing an increase of 3.79% compared to 2020.

What is Horizon Bancorp’s quarterly revenue?

Horizon Bancorp's quarterly revenue for Q3 2024 was $90.89M, a -6.78% decrease from the previous quarter (Q2 2024), and a 72.14% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $97.5M, a 2.79% increase from the previous quarter (Q1 2024), and a 74.86% increase year-over-year (Q2 2023). HBNC's quarterly revenue for Q1 2024 was $94.86M, a 50.41% increase from the previous quarter (Q4 2023), and a 32.12% increase year-over-year (Q1 2023).

What is Horizon Bancorp’s revenue growth rate?

Horizon Bancorp's revenue growth rate for the last 3 years (2021-2023) was 42.07%, and for the last 5 years (2019-2023) was 66.13%.