Horizon Bancorp
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Horizon Bancorp's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 23% to $185,283,000. Profit margin reached 15%. Total operating expenses were $118,377,000.
Profit Margin
| 2014 | 84.49M | 18.10M | 21.42% |
|---|---|---|---|
| 2015 | 99.75M | 20.54M | 20.6% |
| 2016 | 118.38M | 23.91M | 20.2% |
| 2017 | 140.26M | 33.11M | 23.61% |
| 2018 | 162.64M | 53.11M | 32.66% |
| 2019 | 195.21M | 66.53M | 34.08% |
| 2020 | 219.93M | 68.49M | 31.15% |
| 2021 | 228.26M | 87.09M | 38.15% |
| 2022 | 241.55M | 93.40M | 38.67% |
| 2023 | 185.28M | 27.98M | 15.1% |
HBNC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 185.28M | 241.55M | 228.26M | 219.93M | 195.21M | 162.64M | 140.26M | 118.38M | 99.75M | 84.49M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 185.28M | 241.55M | 228.26M | 219.93M | 195.21M | 162.64M | 140.26M | 118.38M | 99.75M | 84.49M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 104.10M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 118.37M | 1.84M | -125.81M | -141.56M | -115.37M | -67.48M | 2.49M | 2.75M | 2.07M | 1.73M |
Operating income | 66.90M | 142.09M | 102.44M | 78.36M | 79.84M | 95.15M | 64.33M | 53.25M | 41.63M | 37.47M |
Other income (expenses), net | -27.90M | -36.51M | 102.44M | -27.37M | 79.84M | -31.59M | -18.56M | -20.53M | -15.97M | -14.96M |
Income before tax | 38.99M | 105.58M | 102.44M | 78.36M | 79.84M | 63.56M | 47.95M | 32.71M | 27.78M | 24.25M |
Income tax expense | 11.01M | 12.17M | 15.35M | 9.87M | 13.30M | 10.44M | 14.83M | 8.80M | 7.23M | 6.15M |
Net income | 27.98M | 93.40M | 87.09M | 68.49M | 66.53M | 53.11M | 33.11M | 23.91M | 20.54M | 18.10M |
Earnings per share | ||||||||||
Basic EPS | 0.64 | 2.14 | 1.99 | 1.56 | 1.53 | 1.39 | 0.96 | 0.8 | 0.87 | 0.88 |
Diluted EPS | 0.64 | 2.14 | 1.98 | 1.55 | 1.53 | 1.38 | 0.95 | 0.79 | 0.84 | 0.85 |
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