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Horizon Bancorp HBNC Redemption of Cash Value of Life Insurance, Not Settled

Redemption of Cash Value of Life Insurance, Not Settled at other companies

CTB
Community Trust BancorpCTBI
$604K+37.3%
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$9.37B+2.0%
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Hanmi FinancialHAFC
$56.7M-0.9%
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-$2.9M-52.6%
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$219M-15.4%
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Ameriprise FinancialAMP
$269M-7.9%

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$982.06M-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:RedemptionOfCashValueOfLifeInsuranceNotSettled.

The official record: Horizon Bancorp’s 10-K, filed March 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Horizon Bancorp's redemption of cash value of life insurance, not settled?
Horizon Bancorp (HBNC) reported redemption of cash value of life insurance, not settled of $0 in Q4 2025.
What does redemption of cash value of life insurance, not settled mean?
This metric represents the non-cash or supplemental adjustment related to the change in the cash surrender value of bank-owned life insurance policies. It reflects the periodic increase or decrease in the asset value that is not yet realized through a formal redemption or settlement event. Monitoring this helps investors understand the underlying performance and liquidity impact of the bank's corporate-owned insurance portfolio.