Horizon Bancorp (HBNC) Operating Expenses (2010 - 2026)
Horizon Bancorp's (HBNC) quarterly Operating Expenses came in at $40.7 million in Q1 2026, up 3.67% year-on-year from $39.3 million in Q1 2025, and little changed quarter-over-quarter from $40.6 million in Q4 2025.
Horizon Bancorp (HBNC) Operating Expenses (2010 - 2026) Analysis & Trends
Horizon Bancorp's Operating Expenses history runs 17 years deep, the most recent figure standing at $40.7 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 3.67% year-over-year to $40.7 million in Q1 2026; TTM through Mar 2026 was $173.7 million, a 7.88% increase from a year earlier, with the FY2025 full-year figure at $172.3 million, up 8.47% from the prior year.
- Operating Expenses steadied at $40.7 million in Q1 2026 per HBNC's latest filing, from $40.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $53.0 million in Q3 2025 and bottomed at $34.5 million in Q1 2023.
- The 5-year median for Operating Expenses is $37.5 million (2024), against an average of $38.9 million.
- Biggest YoY gain for Operating Expenses was 34.83% in 2025; the steepest drop was 9.62% in 2025.
- Year by year, Operating Expenses stood at $35.7 million in 2022, then increased by 10.13% to $39.3 million in 2023, then gained by 14.25% to $44.9 million in 2024, then dropped by 9.62% to $40.6 million in 2025, then increased by 0.33% to $40.7 million in 2026.
- Per Business Quant, the three latest HBNC Operating Expenses figures stand at $40.7 million (Q1 2026), $40.6 million (Q4 2025), and $53.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -19.71 Mn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -1.04 Bn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -287,925.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | -2.75 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | -17.40 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | -3.86 Bn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 7.75 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 3.77 Bn |
| 10 | Horizon Bancorp | 1.03 Bn | 765.89 Mn | - | 40.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.75 Mn |
| Dec 31, 2025 | 40.61 Mn |
| Sep 30, 2025 | 52.95 Mn |
| Jun 30, 2025 | 39.42 Mn |
| Mar 31, 2025 | 39.31 Mn |
| Dec 31, 2024 | 44.94 Mn |
| Sep 30, 2024 | 39.27 Mn |
| Jun 30, 2024 | 37.52 Mn |
| Mar 31, 2024 | 37.11 Mn |
| Dec 31, 2023 | 39.33 Mn |
| Sep 30, 2023 | 36.17 Mn |
| Jun 30, 2023 | 36.26 Mn |
| Mar 31, 2023 | 34.52 Mn |
| Dec 31, 2022 | 35.71 Mn |
| Sep 30, 2022 | 36.82 Mn |
| Jun 30, 2022 | 35.40 Mn |
| Mar 31, 2022 | 35.27 Mn |
| Dec 31, 2021 | 33.49 Mn |
| Sep 30, 2021 | 34.35 Mn |
| Jun 30, 2021 | 33.39 Mn |