Horizon Bancorp (IN) (Horizon Bancorp (IN)) Pre-Tax Income : $34.2 Mil (TTM As of Mar. 2024)

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What is Horizon Bancorp (IN) Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Horizon Bancorp (IN)'s pretax income for the three months ended in Mar. 2024 was $15.3 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $34.2 Mil. Horizon Bancorp (IN)'s pretax margin was 29.15%.

During the past 13 years, Horizon Bancorp (IN)'s highest Pretax Margin was 44.88%. The lowest was 18.85%. And the median was 34.91%.

Horizon Bancorp (IN) Pre-Tax Income Historical Data

The historical data trend for Horizon Bancorp (IN)'s Pre-Tax Income 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.

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Horizon Bancorp (IN) Pre-Tax Income Chart

Horizon Bancorp (IN) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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79.84

78.37

102.45

105.58

39.00

Horizon Bancorp (IN) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial															20.09	20.22	17.49	-18.80	15.31

Competitive Comparison of Horizon Bancorp (IN)'s Pre-Tax Income

For the Banks - Regional subindustry, Horizon Bancorp (IN)'s Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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)'s Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Horizon Bancorp (IN)'s Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Horizon Bancorp (IN)'s Pre-Tax Income falls into.

Horizon Bancorp (IN) Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

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

Pretax Income	=	Operating Income	+	Other
	=	0	+	38.999
	=	39.0

Horizon Bancorp (IN)'s Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	15.305
	=	15.3

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $34.2 Mil.

Horizon Bancorp (IN) (NAS:HBNC) Pre-Tax Income Explanation

Horizon Bancorp (IN)'s Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	15.305	/	52.498
	=	29.15%

During the past 13 years, Horizon Bancorp (IN)'s highest Pretax Margin was 44.88%. The lowest was 18.85%. And the median was 34.91%.

Horizon Bancorp (IN) Pre-Tax Income Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Horizon Bancorp (IN) (NAS:HBNC) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 Franklin Street, Michigan City, IN, USA, 46360

Website

https://www.horizonbank.com

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