This company is no longer active
The company may no longer be operating, as it may be out of business. Find out why through their latest events.
Horizon Bancorp (Lake Havasu City AZ) Past Performance
Past criteria checks 2/6
Key information
18.1%
Earnings growth rate
17.8%
EPS growth rate
| Banks Industry Growth | 13.5% |
| Revenue growth rate | 11.5% |
| Return on equity | 16.4% |
| Net Margin | 23.6% |
| Last Earnings Update | 30 Jun 2022 |
Recent past performance updates
Recent updates
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 22 | 22 | 5 | 0 | 0 |
| 31 Mar 22 | 22 | 5 | 0 | 0 |
| 31 Dec 21 | 22 | 6 | 0 | 0 |
| 30 Sep 21 | 22 | 5 | 12 | 0 |
| 30 Jun 21 | 21 | 5 | 12 | 0 |
| 31 Mar 21 | 20 | 4 | 0 | 0 |
| 31 Dec 20 | 19 | 4 | 12 | 0 |
| 30 Sep 20 | 18 | 3 | 0 | 0 |
| 30 Jun 20 | 17 | 3 | 0 | 0 |
| 31 Mar 20 | 18 | 3 | 0 | 0 |
| 31 Dec 19 | 17 | 3 | 12 | 0 |
| 30 Sep 19 | 17 | 3 | 11 | 0 |
| 30 Jun 19 | 17 | 3 | 11 | 0 |
| 31 Mar 19 | 16 | 3 | 0 | 0 |
| 31 Dec 18 | 15 | 2 | 11 | 0 |
| 30 Sep 18 | 14 | 3 | 9 | 0 |
| 30 Jun 18 | 15 | 3 | 9 | 0 |
| 31 Mar 18 | 14 | 3 | 9 | 0 |
| 31 Dec 17 | 13 | 3 | 9 | 0 |
| 30 Sep 17 | 13 | 3 | 8 | 0 |
| 30 Jun 17 | 12 | 2 | 8 | 0 |
| 31 Mar 17 | 11 | 2 | 8 | 0 |
| 31 Dec 16 | 11 | 2 | 8 | 0 |
| 31 Dec 15 | 10 | 1 | 7 | 0 |
Quality Earnings: HRRB has high quality earnings.
Growing Profit Margin: HRRB's current net profit margins (23.6%) are lower than last year (23.9%).
Past Earnings Growth Analysis
Earnings Trend: HRRB's earnings have grown by 18.1% per year over the past 5 years.
Accelerating Growth: HRRB's earnings growth over the past year (3.9%) is below its 5-year average (18.1% per year).
Earnings vs Industry: HRRB earnings growth over the past year (3.9%) underperformed the Banks industry 8.4%.
Return on Equity
High ROE: HRRB's Return on Equity (16.4%) is considered low.