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Horizon Bancorp HBNC Subordinated Debentures

Subordinated Debentures at other companies

Banc of California logo
Banc of CaliforniaBANC
$954.07M
WesBanco logo
WesBancoWSBC
$308.68M-14.3%
SouthState logo
SouthStateSSB
$696.64M-7.5%
Independent Bank Corp logo
Independent Bank CorpINDB
$0-100%
Old Second Bancorp logo
Old Second BancorpOSBC
$25.77M0.0%
FIB
First Interstate BancSystem, Inc.FIBK
$149.9M-8.1%

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+57.7%
Enterprise value$983.09M-28.5%

Profitability

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Net margin33%-5.3pp
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

Reported directly by Horizon Bancorp in its filing.

Tagged under the XBRL concept hbnc:SubordinatedDebentures.

The official record: Horizon Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Horizon Bancorp's subordinated debentures?
Horizon Bancorp (HBNC) reported subordinated debentures of $98.26M in Q1 2026.
How has Horizon Bancorp's subordinated debentures changed year-over-year?
Horizon Bancorp's subordinated debentures increased by 76.2% year-over-year, from $55.77M to $98.26M.
What is the long-term trend for Horizon Bancorp's subordinated debentures?
Over 5 years (2020 to 2025), Horizon Bancorp's subordinated debentures has grown at a 10.9% compound annual growth rate (CAGR), from $58.6M to $98.22M.
What does subordinated debentures mean?
These are debt instruments that rank below other senior debt in the event of liquidation, often used to bolster the bank's regulatory capital base. They provide a source of long-term funding while potentially qualifying as Tier 2 capital. The issuance of these debentures reflects the bank's strategy for managing its capital structure and leverage.