What is Horizon Bancorp's net margin?

Horizon Bancorp (HBNC) reported net margin of 33% in Q3 2023.

How has Horizon Bancorp's net margin changed year-over-year?

Horizon Bancorp's net margin decreased by 13.9% year-over-year, from 38.3% to 33%.

What is the long-term trend for Horizon Bancorp's net margin?

Over 2 years (2020 to 2022), Horizon Bancorp's net margin has grown at a 11.5% compound annual growth rate (CAGR), from 30.4% to 37.8%.

What does net margin mean?

Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

Horizon Bancorp HBNC Net margin

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Other financials

Income statement

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Revenue$73.5M+6.9%

Net income$26.2M+9.3%

EPS (diluted)$0.51-5.6%

Balance sheet

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Cash & equivalents$259.1M+52.7%

Total debt$225.8M-74.9%

Total equity$699.0M-9.9%

Total assets$6.6B-14.0%

Cash flow

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Operating cash flow$20.8M+36.2%

CapEx$56.0K-95.0%

Free cash flow$20.7M+46.7%

Valuation

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Market cap$1.02B+57.9%

Enterprise value$983.09M-28.5%

Profitability

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FCF margin34.4%+0.2pp

Returns & leverage

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Return on equity11.1%-2.7pp

Debt / equity0.3×-0.8×

Where this comes from

Calculated from Horizon Bancorp’s reported figures.

net income/total revenue=33%

Based on trailing twelve months.

The official record: Horizon Bancorp’s 10-Q, filed November 12, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Horizon Bancorp's net margin?: Horizon Bancorp (HBNC) reported net margin of 33% in Q3 2023.
How has Horizon Bancorp's net margin changed year-over-year?: Horizon Bancorp's net margin decreased by 13.9% year-over-year, from 38.3% to 33%.
What is the long-term trend for Horizon Bancorp's net margin?: Over 2 years (2020 to 2022), Horizon Bancorp's net margin has grown at a 11.5% compound annual growth rate (CAGR), from 30.4% to 37.8%.
What does net margin mean?: Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.