Horizon Bancorp (HBNC) Operating Expenses (2010 - 2026)
Horizon Bancorp (HBNC) recorded quarterly Operating Expenses of $40.7 million in Q1 2026, little changed quarter-over-quarter from $40.6 million in Q4 2025, and up 3.67% on a YoY basis from $39.3 million in Q1 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.
- In Q1 2026, Operating Expenses rose 3.67% year-over-year to $40.7 million; the TTM figure through Mar 2026 stood at $173.7 million (up 7.88% YoY), while the FY2025 annual figure was $172.3 million, up 8.47% from the prior year.
- Operating Expenses was $40.7 million for Q1 2026 at Horizon Bancorp, roughly flat from $40.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $53.0 million in Q3 2025 to a low of $34.5 million in Q1 2023.
- Historically, Operating Expenses has averaged $38.9 million across 5 years, with a median of $37.5 million in 2024.
- Biggest YoY gain for Operating Expenses was 34.83% in 2025; the steepest drop was 9.62% in 2025.
- A 5-year view of Operating Expenses shows it 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.
- The last three Operating Expenses figures came in at $40.7 million (Q1 2026), $40.6 million (Q4 2025), and $53.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | Horizon Bancorp | 1.00 Bn | 741.81 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 |