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Horizon Bancorp (IN) (Horizon Bancorp (IN)) Net Margin %

: -123.22% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Horizon Bancorp (IN)'s Net Income for the three months ended in Dec. 2023 was $-25.2 Mil. Horizon Bancorp (IN)'s Revenue for the three months ended in Dec. 2023 was $20.5 Mil. Therefore, Horizon Bancorp (IN)'s net margin for the quarter that ended in Dec. 2023 was -123.22%.

The historical rank and industry rank for Horizon Bancorp (IN)'s Net Margin % or its related term are showing as below:

HBNC' s Net Margin % Range Over the Past 10 Years
Min: 15.31   Med: 27.38   Max: 38.67
Current: 15.31


HBNC's Net Margin % is ranked worse than
77.02% of 1462 companies
in the Banks industry
Industry Median: 25.505 vs HBNC: 15.31

Horizon Bancorp (IN) Net Margin % Historical Data

The historical data trend for Horizon Bancorp (IN)'s Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Horizon Bancorp (IN) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.08 31.15 38.15 38.67 15.31

Horizon Bancorp (IN) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.38 33.92 33.65 30.69 -123.22

Competitive Comparison

For the Banks - Regional subindustry, Horizon Bancorp (IN)'s Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Horizon Bancorp (IN) Net Margin % Distribution

For the Banks industry and Financial Services sector, Horizon Bancorp (IN)'s Net Margin % distribution charts can be found below:

* The bar in red indicates where Horizon Bancorp (IN)'s Net Margin % falls into.



Horizon Bancorp (IN) Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Horizon Bancorp (IN)'s Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=27.981/182.762
=15.31 %

Horizon Bancorp (IN)'s Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-25.215/20.463
=-123.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Horizon Bancorp (IN)  (NAS:HBNC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Horizon Bancorp (IN) Net Margin % Related Terms

Thank you for viewing the detailed overview of Horizon Bancorp (IN)'s Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Horizon Bancorp (IN) (Horizon Bancorp (IN)) Business Description

Traded in Other Exchanges
N/A
Address
515 Franklin Street, Michigan City, IN, USA, 46360
Horizon Bancorp (IN) is a United States-based holding company providing banking services. It is engaged in providing commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. The company also provides commercial loans, real estate loans, mortgage warehouse loans, consumer loans, and other credit facilities. In addition, the company provides advances, loans, term loans, overdrafts for various business purposes such as business expansion, purchasing machinery and equipment, business mortgaged and others. The company has one principal business segment, commercial banking. Revenue generated by the company mainly consists of dividends received.
Executives
Susan D Aaron director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Todd A. Etzler officer: Executive Vice President & GC 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Vanessa Peterson Williams director 999 WEST BIG BEAVER ROAD, TROY MI 48084-4716
Craig M Dwight officer: Chief Executive Officer 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Thomas M Prame officer: President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Noe S Najera officer: EVP, Sr. Retail & Mort Lending 515 FRANKLIN ST, MICHIGAN CITY IN 46360
Julie Scheck Freigang director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Michele M. Magnuson director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
James D Neff officer: President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Kathie A Deruiter officer: Executive Vice President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Lynn Kerber officer: EVP & SCCO 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Dennis Kuhn officer: Executive Vice President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Steven William Reed director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Peter L Pairitz director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Eric P. Blackhurst director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360

Horizon Bancorp (IN) (Horizon Bancorp (IN)) Headlines

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