Horizon Bancorp (HBNC) Tax Rate (2010 - 2026)

Horizon Bancorp's (HBNC) quarterly Tax Rate came in at 19.1% in Q1 2026, up 435.0% year-on-year from 3.57% in Q1 2025, and up 8.16% quarter-over-quarter from 17.66% in Q4 2025.

Horizon Bancorp (HBNC) Tax Rate (2010 - 2026) Analysis & Trends

Horizon Bancorp's Tax Rate history runs 17 years deep, the most recent figure standing at 19.1% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 435.0% year-over-year to 19.1% in Q1 2026; TTM through Mar 2026 was 24.7%, a 3779.0% increase from a year earlier, with the FY2025 full-year figure at 25.19%, up 5473.0% from the prior year.
  • Tax Rate climbed to 19.1% in Q1 2026 per HBNC's latest filing, from 17.66% in the prior quarter.
  • Across five years, Tax Rate topped out at 50.39% in Q4 2024 and bottomed at 34.15% in Q4 2023.
  • The 5-year median for Tax Rate is 11.12% (2022), against an average of 11.43%.
  • Across the five-year window, Tax Rate plunged 4527 bps in 2023 and surged 8454 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 11.12% in 2022, then slumped by 407 bps to 34.15% in 2023, then jumped by 248 bps to 50.39% in 2024, then tumbled by 65 bps to 17.66% in 2025, then rose by 8 bps to 19.1% in 2026.
  • Per Business Quant, the three latest HBNC Tax Rate figures stand at 19.1% (Q1 2026), 17.66% (Q4 2025), and 22.47% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 0.02%
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 25,760,269.96%
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -22.54%
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -25.87%
5 Mizuho Financial 385.64 Bn 389.59 Bn - 3.25%
6 Lloyds Banking 358.14 Bn 358.14 Bn - -23.21%
7 First Capital 200.03 Bn 199.69 Bn - 19.21%
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 19.83%
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 18.98%
10 Horizon Bancorp 1.03 Bn 765.89 Mn - 19.10%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.10%
Mar 31, 2026 19.10%
Mar 31, 2026 19.10%
Dec 31, 2025 17.66%
Dec 31, 2025 17.66%
Dec 31, 2025 17.66%
Sep 30, 2025 22.47%
Sep 30, 2025 22.47%
Sep 30, 2025 22.47%
Jun 30, 2025 15.38%
Jun 30, 2025 15.38%
Jun 30, 2025 15.38%
Mar 31, 2025 14.75%
Mar 31, 2025 14.75%
Mar 31, 2025 14.75%
Dec 31, 2024 50.39%
Dec 31, 2024 50.39%
Dec 31, 2024 50.39%
Sep 30, 2024 -0.41%
Sep 30, 2024 -0.41%