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| Date | Value |
|---|---|
| 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% |