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

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

• In Q1 2026, Tax Rate rose 435.0% year-over-year to 19.1%; the TTM figure through Mar 2026 stood at 24.7% (up 3779.0% YoY), while the FY2025 annual figure was 25.19%, up 5473.0% from the prior year.
• Tax Rate was 19.1% for Q1 2026 at Horizon Bancorp, up from 17.66% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 50.39% in Q4 2024 to a low of 34.15% in Q4 2023.
• Historically, Tax Rate has averaged 11.43% across 5 years, with a median of 11.12% in 2022.
• The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 4527 bps in 2023, then soared 8454 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 11.12% in 2022, then plunged by 407 bps to 34.15% in 2023, then jumped by 248 bps to 50.39% in 2024, then sank by 65 bps to 17.66% in 2025, then rose by 8 bps to 19.1% in 2026.
• The last three Tax Rate figures came in at 19.1% (Q1 2026), 17.66% (Q4 2025), and 22.47% (Q3 2025), per Business Quant data.