Horizon Bancorp HBNC
NASDAQ HBNC
$20.37 +0.38 (+1.90%)
At close: Oct 23, 2026 · 4:00 PM EDT

Horizon Bancorp Inc /In/ (HBNC) Tax Rate (2010 - 2026)

Updated

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.

Analysis

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 Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
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%
API Access

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