Horizon Bancorp (HBNC) Rent Expense (2010 - 2026)
Horizon Bancorp (HBNC) posted quarterly Rent Expense of $4.2 million for Q1 2026, up 13.37% year-over-year from $3.7 million in Q1 2025, and up 12.88% quarter-over-quarter from $3.7 million in Q4 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 for Q1 2026 stood at $4.2 million, up from $3.7 million in the prior quarter.
- The five-year high for Rent Expense was $4.2 million in Q1 2026, with the low at $3.1 million in Q2 2025.
- The 5-year median for Rent Expense is $3.3 million (2022), against an average of $3.4 million.
- The sharpest annual moves came in 2024 and 2026: Rent Expense fell 2.31% in 2024, then increased 13.37% in 2026.
- Horizon Bancorp's Rent Expense stood at $3.3 million in 2022, then fell by 0.58% to $3.3 million in 2023, then grew by 5.25% to $3.4 million in 2024, then advanced by 8.36% to $3.7 million in 2025, then gained by 12.88% to $4.2 million in 2026.
- Business Quant data shows HBNC's Rent Expense at $4.2 million in Q1 2026, $3.7 million in Q4 2025, and $3.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 154.00 Mn |
| 10 | Horizon Bancorp | 997.14 Mn | 775.30 Mn | - | 3.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.70 Mn |
| Jun 30, 2026 | 3.70 Mn |
| 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 |