Horizon Bancorp Past Earnings Performance
Past criteria checks 1/6
Horizon Bancorp's earnings have been declining at an average annual rate of -9.3%, while the Banks industry saw earnings growing at 17.4% annually. Revenues have been declining at an average rate of 0.5% per year. Horizon Bancorp's return on equity is 2.8%, and it has net margins of 11.5%.
Key information
-9.3%
Earnings growth rate
-9.3%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | -0.5% |
| Return on equity | 2.8% |
| Net Margin | 11.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Horizon Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 184 | 21 | 124 | 0 |
| 30 Jun 24 | 180 | 19 | 121 | 0 |
| 31 Mar 24 | 183 | 24 | 120 | 0 |
| 31 Dec 23 | 185 | 28 | 118 | 0 |
| 30 Sep 23 | 224 | 74 | 117 | 0 |
| 30 Jun 23 | 233 | 82 | 117 | 0 |
| 31 Mar 23 | 240 | 88 | 116 | 0 |
| 31 Dec 22 | 246 | 93 | 117 | 0 |
| 30 Sep 22 | 245 | 94 | 117 | 0 |
| 30 Jun 22 | 243 | 93 | 114 | 0 |
| 31 Mar 22 | 236 | 90 | 111 | 0 |
| 31 Dec 21 | 232 | 87 | 107 | 0 |
| 30 Sep 21 | 234 | 88 | 105 | 0 |
| 30 Jun 21 | 233 | 85 | 105 | 0 |
| 31 Mar 21 | 222 | 77 | 103 | 0 |
| 31 Dec 20 | 209 | 68 | 103 | 0 |
| 30 Sep 20 | 207 | 65 | 100 | 0 |
| 30 Jun 20 | 202 | 65 | 98 | 0 |
| 31 Mar 20 | 206 | 67 | 98 | 0 |
| 31 Dec 19 | 201 | 67 | 96 | 0 |
| 30 Sep 19 | 190 | 61 | 89 | 0 |
| 30 Jun 19 | 177 | 54 | 85 | 0 |
| 31 Mar 19 | 167 | 51 | 81 | 0 |
| 31 Dec 18 | 166 | 53 | 81 | 0 |
| 30 Sep 18 | 164 | 48 | 82 | 0 |
| 30 Jun 18 | 158 | 43 | 81 | 0 |
| 31 Mar 18 | 151 | 38 | 80 | 0 |
| 31 Dec 17 | 143 | 33 | 76 | 0 |
| 30 Sep 17 | 132 | 31 | 73 | 0 |
| 30 Jun 17 | 130 | 30 | 72 | 0 |
| 31 Mar 17 | 126 | 27 | 71 | 0 |
| 31 Dec 16 | 120 | 24 | 68 | 0 |
| 30 Sep 16 | 118 | 24 | 65 | 0 |
| 30 Jun 16 | 113 | 22 | 63 | 0 |
| 31 Mar 16 | 105 | 20 | 59 | 0 |
| 31 Dec 15 | 100 | 20 | 56 | 0 |
| 30 Sep 15 | 97 | 19 | 53 | 0 |
| 30 Jun 15 | 91 | 20 | 47 | 0 |
| 31 Mar 15 | 91 | 20 | 58 | 0 |
| 31 Dec 14 | 86 | 18 | 47 | 0 |
| 30 Sep 14 | 85 | 17 | 3 | 0 |
| 30 Jun 14 | 83 | 17 | 2 | 0 |
| 31 Mar 14 | 83 | 18 | -11 | 0 |
| 31 Dec 13 | 85 | 20 | 43 | 0 |
Quality Earnings: 4WC has high quality earnings.
Growing Profit Margin: 4WC's current net profit margins (11.5%) are lower than last year (33.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 4WC's earnings have declined by 9.3% per year over the past 5 years.
Accelerating Growth: 4WC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 4WC had negative earnings growth (-71.6%) over the past year, making it difficult to compare to the Banks industry average (13%).
Return on Equity
High ROE: 4WC's Return on Equity (2.8%) is considered low.