Horizon Bancorp (HBNC) Research & Development (2010 - 2026)
Horizon Bancorp (HBNC) posted quarterly Research & Development of $3.4 million for Q1 2026, up 16.75% year-over-year from $2.9 million in Q1 2025, and up 7.23% quarter-over-quarter from $3.1 million in Q4 2025.
Horizon Bancorp (HBNC) Research & Development (2010 - 2026) Analysis & Trends
Horizon Bancorp's Research & Development history runs 17 years deep, the most recent figure standing at $3.4 million for Q1 2026.
- In Q1 2026, Research & Development rose 16.75% year-over-year to $3.4 million; the TTM figure through Mar 2026 stood at $12.4 million (up 9.72% YoY), while the FY2025 annual figure was $11.9 million, up 9.42% from the prior year.
- Research & Development for Q1 2026 stood at $3.4 million, up from $3.1 million in the prior quarter.
- The five-year high for Research & Development was $3.4 million in Q1 2026, with the low at $2.5 million in Q1 2024.
- The 5-year median for Research & Development is $2.9 million (2022), against an average of $2.8 million.
- The sharpest annual moves came in 2023 and 2024: Research & Development gained 18.12% in 2023, then dropped 14.49% in 2024.
- Horizon Bancorp's Research & Development stood at $2.9 million in 2022, then advanced by 2.01% to $2.9 million in 2023, then dropped by 3.43% to $2.8 million in 2024, then rose by 10.07% to $3.1 million in 2025, then gained by 7.23% to $3.4 million in 2026.
- Business Quant data shows HBNC's Research & Development at $3.4 million in Q1 2026, $3.1 million in Q4 2025, and $2.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.91 Bn | 84.72 Bn | - | - |
| 2 | Pnc Financial Services | 97.92 Bn | 97.92 Bn | - | - |
| 3 | Us Bancorp | 96.40 Bn | 96.40 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.98 Bn | -144.11 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.21 Bn | -81.11 Bn | - | - |
| 7 | Nu Holdings | 71.04 Bn | 57.36 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.79 Bn | 61.79 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.94 Bn | 26.21 Bn | - | 250.00 Mn |
| 10 | Horizon Bancorp | 997.65 Mn | 775.81 Mn | - | 3.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.63 Mn |
| Mar 31, 2026 | 3.35 Mn |
| Dec 31, 2025 | 3.13 Mn |
| Sep 30, 2025 | 2.93 Mn |
| Jun 30, 2025 | 2.95 Mn |
| Mar 31, 2025 | 2.87 Mn |
| Dec 31, 2024 | 2.84 Mn |
| Sep 30, 2024 | 2.98 Mn |
| Jun 30, 2024 | 2.58 Mn |
| Mar 31, 2024 | 2.46 Mn |
| Dec 31, 2023 | 2.94 Mn |
| Sep 30, 2023 | 3.00 Mn |
| Jun 30, 2023 | 3.02 Mn |
| Mar 31, 2023 | 2.67 Mn |
| Dec 31, 2022 | 2.88 Mn |
| Sep 30, 2022 | 2.54 Mn |
| Jun 30, 2022 | 2.61 Mn |
| Mar 31, 2022 | 2.54 Mn |
| Dec 31, 2021 | 2.67 Mn |
| Sep 30, 2021 | 2.53 Mn |