Horizon Bancorp (HBNC) Operating Expenses (2009 - 2026)
Horizon Bancorp's Operating Expenses was $41.51 million in Q3 2026, down 21.6% from $52.95 million a year earlier and down 5.3% from the prior quarter.
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Analysis
Horizon Bancorp (HBNC) Operating Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Horizon Bancorp's Operating Expenses was $166.72 million through Sep 30, 2026, down 5.6% year-over-year; for FY2025, it was $172.29 million, up 8.5% from FY2024.
- Operating Expenses has now increased for 16 consecutive years, with a five-year compound annual growth rate of 6.5% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $158.84 million in FY2024 (+8.6%), $146.28 million in FY2023 (+2.2%), $143.2 million in FY2022 (+7.4%) and $133.39 million in FY2021 (+5.8%).
- Quarterly Operating Expenses has moved between $33.49 million (Q4 2021) and $52.95 million (Q3 2025) over five years.
- Compared with a year earlier, Operating Expenses was higher in six of the last eight quarters, with growth averaging 5.5%.
- The best year-over-year quarter for Operating Expenses over five years was Q3 2025 (growth of 34.8%); the worst was Q3 2026 (a decline of 21.6%).
- Per Business Quant data, HBNC's Operating Expenses in the three quarters before Q3 2026 was $43.84 million (Q2 2026), $40.75 million (Q1 2026) and $40.61 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 27.30 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 19.72 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 8.82 Bn |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 13.71 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 7.02 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 11.31 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 13.74 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 17.50 Bn |
| 10 | Horizon Bancorp | 1.09 Bn | 251.20 Mn | - | 41.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 41.51 Mn |
| Jun 30, 2026 | 43.84 Mn |
| 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 |
API Access
Horizon Bancorp Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=HBNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HBNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HBNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();