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
DateValue
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