Horizon Bancorp (HBNC) Rent Expense (2010 - 2026)
Horizon Bancorp (HBNC) recorded quarterly Rent Expense of $4.2 million in Q1 2026, up 12.88% quarter-over-quarter from $3.7 million in Q4 2025, and up 13.37% on a YoY basis from $3.7 million in Q1 2025.
Horizon Bancorp (HBNC) Rent Expense (2010 - 2026) Analysis & Trends
Horizon Bancorp's Rent Expense history runs 17 years deep, the most recent figure standing at $4.2 million for Q1 2026.
- In Q1 2026, Rent Expense rose 13.37% year-over-year to $4.2 million; the TTM figure through Mar 2026 stood at $14.4 million (up 6.14% YoY), while the FY2025 annual figure was $13.9 million, up 3.67% from the prior year.
- Rent Expense was $4.2 million for Q1 2026 at Horizon Bancorp, up from $3.7 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $4.2 million in Q1 2026 to a low of $3.1 million in Q2 2025.
- Historically, Rent Expense has averaged $3.4 million across 5 years, with a median of $3.3 million in 2022.
- The sharpest annual moves came in 2024 and 2026: Rent Expense retreated 2.31% in 2024, then rose 13.37% in 2026.
- A 5-year view of Rent Expense shows it stood at $3.3 million in 2022, then retreated by 0.58% to $3.3 million in 2023, then increased by 5.25% to $3.4 million in 2024, then climbed by 8.36% to $3.7 million in 2025, then advanced by 12.88% to $4.2 million in 2026.
- The last three Rent Expense figures came in at $4.2 million (Q1 2026), $3.7 million (Q4 2025), and $3.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Horizon Bancorp | 1.00 Bn | 741.81 Mn | - | 4.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.20 Mn |
| Mar 31, 2026 | 4.20 Mn |
| Dec 31, 2025 | 3.72 Mn |
| Dec 31, 2025 | 3.72 Mn |
| Sep 30, 2025 | 3.32 Mn |
| Sep 30, 2025 | 3.32 Mn |
| Jun 30, 2025 | 3.13 Mn |
| Jun 30, 2025 | 3.13 Mn |
| Mar 31, 2025 | 3.70 Mn |
| Mar 31, 2025 | 3.70 Mn |
| Dec 31, 2024 | 3.43 Mn |
| Dec 31, 2024 | 3.43 Mn |
| Sep 30, 2024 | 3.21 Mn |
| Sep 30, 2024 | 3.21 Mn |
| Jun 30, 2024 | 3.19 Mn |
| Jun 30, 2024 | 3.19 Mn |
| Mar 31, 2024 | 3.55 Mn |
| Mar 31, 2024 | 3.55 Mn |
| Dec 31, 2023 | 3.26 Mn |
| Dec 31, 2023 | 3.26 Mn |