Horizon Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Horizon Bancorp has total assets of $7.9B and total equity of $754.8M. Total deposits are $5.7B, and total loans are $4.8B. It earns a Net Interest Margin of 2.6%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $253.2M.
Key information
10.5x
Asset to equity ratio
2.6%
Net interest margin
| Total deposits | US$5.73b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.5% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$253.24m |
Recent financial health updates
Recent updates
Horizon Bancorp (NASDAQ:HBNC) Will Pay A Dividend Of $0.16
Sep 24
Horizon Bancorp: Attractive Dividend Yield And A Positive Earnings Outlook
May 03Horizon Bancorp: All In All, A Positive Q4 2023
Jan 31Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's
Mar 28Horizon Bancorp (NASDAQ:HBNC) Is Increasing Its Dividend To $0.16
Jan 03Horizon Bancorp goes ex dividend tomorrow
Oct 05Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's
Oct 02Horizon Bancorp: Strong Loan Growth To Lift Earnings
Aug 25Horizon Bancorp (NASDAQ:HBNC) Ticks All The Boxes When It Comes To Earnings Growth
Aug 16Horizon Bancorp Non-GAAP EPS of $0.57 beats by $0.05, revenue of $65.44M beats by $1.71M
Jul 27Horizon Bancorp's (NASDAQ:HBNC) Dividend Will Be Increased To US$0.16
Jun 30Horizon Bancorp: Loan Growth Likely To Boost The Bottom Line
Jun 10Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's
Mar 24Horizon Bancorp: Strong Topline Growth On The Cards
Mar 13Does Horizon Bancorp (NASDAQ:HBNC) Deserve A Spot On Your Watchlist?
Mar 02Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: HBNC's Assets to Equity ratio (10.5x) is moderate.
Allowance for Bad Loans: HBNC has a sufficient allowance for bad loans (217%).
Low Risk Liabilities: 80% of HBNC's liabilities are made up of primarily low risk sources of funding.
Loan Level: HBNC has an appropriate level of Loans to Assets ratio (60%).
Low Risk Deposits: HBNC's Loans to Deposits ratio (83%) is appropriate.
Level of Bad Loans: HBNC has an appropriate level of bad loans (0.5%).