What is Horizon Bancorp's standby letters of credit?

Horizon Bancorp (HBNC) reported standby letters of credit of $22.86M in Q1 2026.

How has Horizon Bancorp's standby letters of credit changed year-over-year?

Horizon Bancorp's standby letters of credit decreased by 12.4% year-over-year, from $26.1M to $22.86M.

What is the long-term trend for Horizon Bancorp's standby letters of credit?

Over 2 years (2023 to 2025), Horizon Bancorp's standby letters of credit has grown at a 16.2% compound annual growth rate (CAGR), from $16.49M to $22.27M.

Horizon Bancorp HBNC Standby letters of credit

Other financials

Income statement

See full

Revenue$73.5M+6.9%

Net income$26.2M+9.3%

EPS (diluted)$0.51-5.6%

Balance sheet

See full

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

See full

Operating cash flow$20.8M+36.2%

CapEx$56.0K-95.0%

Free cash flow$20.7M+46.7%

Valuation

See full

Market cap$1.02B+57.7%

Enterprise value$982.06M-28.5%

Profitability

See full

Net margin33%-5.3pp

FCF margin34.4%+0.2pp

Returns & leverage

See full

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:FairValueDisclosureOffBalanceSheetRisksAmountStandbyLettersOfCredit.

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

Ask your AI about Horizon Bancorp's standby letters of credit.

Connect your AI assistant and see it in context, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Horizon Bancorp's standby letters of credit?: Horizon Bancorp (HBNC) reported standby letters of credit of $22.86M in Q1 2026.
How has Horizon Bancorp's standby letters of credit changed year-over-year?: Horizon Bancorp's standby letters of credit decreased by 12.4% year-over-year, from $26.1M to $22.86M.
What is the long-term trend for Horizon Bancorp's standby letters of credit?: Over 2 years (2023 to 2025), Horizon Bancorp's standby letters of credit has grown at a 16.2% compound annual growth rate (CAGR), from $16.49M to $22.27M.