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Horizon Bancorp (HBNC) Q2 Earnings and Revenues Beat Estimates
Horizon BancorpHorizon Bancorp(US:HBNC) ZACKSยท2025-07-23 22:41

Company Performance - Horizon Bancorp reported quarterly earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of $0.44 per share, and up from $0.32 per share a year ago, representing an earnings surprise of +6.82% [1] - The company posted revenues of $66.27 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.20%, compared to year-ago revenues of $55.76 million [2] - Over the last four quarters, Horizon Bancorp has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Market Performance - Horizon Bancorp shares have declined approximately 1.2% since the beginning of the year, while the S&P 500 has gained 7.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.46 on revenues of $66.15 million, and for the current fiscal year, it is $1.85 on revenues of $259.35 million [7] Industry Outlook - The Zacks Industry Rank for Banks - Northeast is currently in the top 24% of over 250 Zacks industries, indicating a favorable outlook as the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]