Horizon Bancorp HBNC
NASDAQ HBNC
$19.55 -0.02 (-0.13%)
As of: Sep 10, 2026 · 11:10 AM EDT

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

Horizon Bancorp (HBNC) posted Tax Rate of 18.98% for Q2 2026, down 0.6% on a QoQ basis from 19.1% in Q1 2026, and up 360.0% year-over-year from 4.13% in Q2 2025.

Analysis

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

Horizon Bancorp has reported Tax Rate for 17 years, with the latest figure at 18.98% in Q2 2026.

  • On a quarterly basis, Tax Rate rose 360.0% year-over-year to 18.98% in Q2 2026; TTM through Jun 2026 was 24.43%, a 3108.0% increase from a year earlier, with the FY2025 full-year figure at 25.19%, up 5473.0% from the prior year.
  • Tax Rate was 18.98% for Q2 2026 at Horizon Bancorp, down from 19.1% in the prior quarter.
  • The five-year high for Tax Rate was 50.39% in Q4 2024, with the low at 34.15% in Q4 2023.
  • Average Tax Rate over 5 years is 11.85%, with a median of 12.09% recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 4527 bps in 2023, then jumped 8454 bps in 2024.
  • Over 5 years, Tax Rate stood at 11.12% in 2022, then tumbled by 407 bps to 34.15% in 2023, then surged by 248 bps to 50.39% in 2024, then plunged by 65 bps to 17.66% in 2025, then increased by 8 bps to 18.98% in 2026.
  • The last three Tax Rate figures came in at 18.98% (Q2 2026), 19.1% (Q1 2026), and 17.66% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Banco Santander Chile 959.06 Bn 959.06 Bn - -3.53%
2 Truist Financial 61.22 Bn 61.22 Bn - 14.44%
3 Fifth Third Bancorp 49.32 Bn 25.60 Bn - 22.68%
4 M&T Bank 34.56 Bn 34.56 Bn - 23.05%
5 Huntington Bancshares 33.51 Bn 28.98 Bn - 18.42%
6 Citizens Financial 29.23 Bn 29.23 Bn - 22.25%
7 Regions Financial 25.36 Bn 25.36 Bn - 20.61%
8 First Citizens Bancshares 24.64 Bn 24.11 Bn 29.00 Mn 24.58%
9 Keycorp 23.19 Bn -24.51 Bn - 21.48%
10 Horizon Bancorp 998.16 Mn 776.32 Mn - 18.98%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.98%
Mar 31, 2026 19.10%
Dec 31, 2025 17.66%
Sep 30, 2025 22.47%
Jun 30, 2025 15.38%
Mar 31, 2025 14.75%
Dec 31, 2024 50.39%
Sep 30, 2024 -0.41%
Jun 30, 2024 10.92%
Mar 31, 2024 8.59%
Dec 31, 2023 -34.15%
Sep 30, 2023 7.34%
Jun 30, 2023 7.18%
Mar 31, 2023 9.27%
Dec 31, 2022 11.12%
Sep 30, 2022 7.79%
Jun 30, 2022 13.79%
Mar 31, 2022 13.06%
Dec 31, 2021 16.00%
Sep 30, 2021 14.95%