Horizon Bancorp (HBNC) Revenue & Revenue Breakdown
Horizon Bancorp Revenue Highlights
Latest Revenue (Y)
$324.30M
Latest Revenue (Q)
$97.47M
Horizon Bancorp Revenue by Period
Horizon Bancorp Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $324.30M | 34.25% |
| 2022-12-31 | $241.56M | 5.82% |
| 2021-12-31 | $228.26M | 3.79% |
| 2020-12-31 | $219.93M | 12.66% |
| 2019-12-31 | $195.22M | 20.03% |
| 2018-12-31 | $162.64M | 15.95% |
| 2017-12-31 | $140.27M | 18.48% |
| 2016-12-31 | $118.38M | 18.67% |
| 2015-12-31 | $99.76M | 18.07% |
| 2014-12-31 | $84.49M | 2.26% |
| 2013-12-31 | $82.62M | 1.67% |
| 2012-12-31 | $81.26M | 18.78% |
| 2011-12-31 | $68.41M | 1.32% |
| 2010-12-31 | $67.52M | 7.82% |
| 2009-12-31 | $62.63M | 22.36% |
| 2008-12-31 | $51.18M | 13.54% |
| 2007-12-31 | $45.08M | 8.15% |
| 2006-12-31 | $41.68M | 2.45% |
| 2005-12-31 | $40.69M | 12.73% |
| 2004-12-31 | $36.09M | 2.27% |
| 2003-12-31 | $35.29M | 5.66% |
| 2002-12-31 | $33.40M | 13.89% |
| 2001-12-31 | $29.33M | 14.97% |
| 2000-12-31 | $25.51M | 265.37% |
| 1999-12-31 | $6.98M | 8.20% |
| 1998-12-31 | $6.45M | 2.17% |
| 1997-12-31 | $6.32M | 8.60% |
| 1996-12-31 | $5.82M | 45.87% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $97.47M | 2.75% |
| 2024-03-31 | $94.86M | 50.41% |
| 2023-12-31 | $63.06M | 19.44% |
| 2023-09-30 | $52.80M | -5.31% |
| 2023-06-30 | $55.76M | -22.34% |
| 2023-03-31 | $71.80M | 23.42% |
| 2022-12-31 | $58.17M | -4.09% |
| 2022-09-30 | $60.66M | -3.63% |
| 2022-06-30 | $62.95M | 5.29% |
| 2022-03-31 | $59.78M | -0.37% |
| 2021-12-31 | $60.00M | 0.10% |
| 2021-09-30 | $59.94M | 9.52% |
| 2021-06-30 | $54.73M | 2.13% |
| 2021-03-31 | $53.59M | -11.27% |
| 2020-12-31 | $60.39M | 5.55% |
| 2020-09-30 | $57.22M | 11.26% |
| 2020-06-30 | $51.43M | 1.06% |
| 2020-03-31 | $50.89M | -0.25% |
| 2019-12-31 | $51.02M | -3.34% |
| 2019-09-30 | $52.78M | 4.76% |
| 2019-06-30 | $50.38M | 22.75% |
| 2019-03-31 | $41.04M | 1.40% |
| 2018-12-31 | $40.48M | -0.64% |
| 2018-09-30 | $40.74M | -0.54% |
| 2018-06-30 | $40.96M | 1.20% |
| 2018-03-31 | $40.47M | 2.72% |
| 2017-12-31 | $39.40M | 13.60% |
| 2017-09-30 | $34.69M | 1.54% |
| 2017-06-30 | $34.16M | 6.68% |
| 2017-03-31 | $32.02M | 8.07% |
| 2016-12-31 | $29.63M | -10.17% |
| 2016-09-30 | $32.98M | 12.46% |
| 2016-06-30 | $29.33M | 10.91% |
| 2016-03-31 | $26.44M | -0.47% |
| 2015-12-31 | $26.57M | -0.96% |
| 2015-09-30 | $26.82M | 13.33% |
| 2015-06-30 | $23.67M | 4.29% |
| 2015-03-31 | $22.70M | 3.25% |
| 2014-12-31 | $21.98M | -2.69% |
| 2014-09-30 | $22.59M | 2.01% |
| 2014-06-30 | $22.14M | 24.55% |
| 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 | $22.36M | 8.26% |
| 2012-12-31 | $20.65M | -9.06% |
| 2012-09-30 | $22.71M | 16.09% |
| 2012-06-30 | $19.56M | 6.66% |
| 2012-03-31 | $18.34M | -1.35% |
| 2011-12-31 | $18.59M | 0.33% |
| 2011-09-30 | $18.53M | 16.45% |
| 2011-06-30 | $15.91M | 3.45% |
| 2011-03-31 | $15.38M | -14.72% |
| 2010-12-31 | $18.04M | -1.27% |
| 2010-09-30 | $18.27M | 12.14% |
| 2010-06-30 | $16.29M | 9.14% |
| 2010-03-31 | $14.93M | -4.77% |
| 2009-12-31 | $15.68M | 2.71% |
| 2009-09-30 | $15.26M | -3.28% |
| 2009-06-30 | $15.78M | -0.82% |
| 2009-03-31 | $15.91M | 21.84% |
| 2008-12-31 | $13.06M | 2.38% |
| 2008-09-30 | $12.75M | -3.62% |
| 2008-06-30 | $13.23M | 9.04% |
| 2008-03-31 | $12.14M | -0.19% |
| 2007-12-31 | $12.16M | - |
Horizon Bancorp generated $97.47M in revenue during Q2 2024, up 2.75% compared to the previous quarter, and up 135.75% compared to the same period a year ago.
Horizon Bancorp Revenue Breakdown
Horizon Bancorp Revenue Breakdown by Product
Quarterly Revenue by Product
| Product/Service | Sep 18 | Jun 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
| Country | Sep 18 | Jun 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| NBHC | National Bank | $559.33M | $146.48M |
| FBNC | First Bancorp | $546.25M | $143.42M |
| HBNC | Horizon Bancorp | $324.30M | $97.47M |
| GABC | German American Bancorp | $316.92M | $71.58M |
| HFWA | Heritage Financial | $303.13M | $81.83M |
| BSRR | Sierra Bancorp | $208.02M | $51.13M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| GSBC | Great Southern Bancorp | $46.29M | $84.15M |
| HMNF | HMN Financial | $43.48M | $14.79M |
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 Q2 2024 was $97.47M, a 2.75% increase from the previous quarter (Q1 2024), and a 74.80% increase year-over-year (Q2 2023). The company'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). HBNC's quarterly revenue for Q4 2023 was $63.06M, a 19.44% increase from the previous quarter (Q3 2023), and a 8.41% increase year-over-year (Q4 2022).
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%.