Horizon Bancorp Inc /In/ (HBNC) Tax Rate (2010 - 2026)
Horizon Bancorp (HBNC) reported Tax Rate of 18.98% for Q2 2026, up 3.60 percentage points from 15.38% a year earlier but down 0.11 percentage points from the prior quarter.
Horizon Bancorp Inc /In/ (HBNC) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Horizon Bancorp's Tax Rate came in at 24.43%, up 31.08 percentage points year-over-year; for FY2025, it came in at 25.19%, up 54.73 percentage points from FY2024.
- Tax Rate has a five-year change of +12.60 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -29.54% in FY2024 (-57.79 pp), 28.25% in FY2023 (+16.72 pp), 11.53% in FY2022 (-3.46 pp) and 14.99% in FY2021 (+2.39 pp).
- Five-year quarterly Tax Rate spans a low of -34.15% in Q4 2023 and a high of 50.39% in Q4 2024.
- Year over year, Tax Rate gained in six of the last eight quarters, with an average year-over-year change of +10.69 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2024 (a gain of 84.54 percentage points); the low point was Q4 2023 (a drop of 45.27 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 19.10% (Q1 2026), 17.66% (Q4 2025) and 22.47% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.98% |
| Mar 31, 2026 | 19.10% |
| Dec 31, 2025 | 17.66% |
| Jun 30, 2025 | 15.38% |
| Mar 31, 2025 | 14.75% |
| Jun 30, 2024 | 10.92% |
| Mar 31, 2024 | 8.59% |
| 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% |
| Jun 30, 2021 | 14.53% |
| Mar 31, 2021 | 14.45% |
| Dec 31, 2020 | 8.24% |
| Sep 30, 2020 | 17.56% |
Horizon Bancorp Inc /In/ Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HBNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HBNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HBNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();