Horizon Bancorp, Inc. Reports First Quarter 2026 Results, Highlighted by Continued Peer Leading Profitability Metrics and Solid Capital Growth

About this update from Horizon Bancorp, Inc.

[{"type":"image","alt":"Horizon Bancorp, Inc.","displaySize":"","headline":null,"caption":"Horizon Bancorp, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":232,"url":"https://media.zenfs.com/en/globenewswire.com/cd3f64671c9f5046d2dfa5cbcb192c88"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Kgznl1MNakCFoCB6bSdTSQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTMyNQ--/https://media.zenfs.com/en/globenewswire.com/cd3f64671c9f5046d2dfa5cbcb192c88","width":300,"height":232}},"lazy":false},{"type":"text","content":"MICHIGAN CITY, Ind, April 22, 2026 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) -- Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited financial results for the three months ended March 31, 2026.","length":261,"tagName":"p"},{"type":"text","content":"“Horizon’s first quarter results demonstrate the consistency of our profitability profile and the strength of Horizon’s high quality community banking model. Annualized returns on average assets again exceeded 1.60% and the net interest margin continued to be durable at 4.29%. Notably, our strategic focus on core deposit gathering yielded significant results during the quarter, delivering 11% annualized growth, led by 23% annualized growth in non-interest-bearing balances", President and CEO, Thomas Prame stated. "We are encouraged by the stability and predictability we see in our financial performance, driving significant value for our shareholders, despite what has become a volatile macro-economic environment. Our 2026 outlook is unchanged, which should yield solid balance sheet growth coupled with consistent, top-tier profitability metrics. The commercial loan engine continues to produce disciplined, high-quality growth, funded by relationship-based deposits across our attractive footprint. Within the quarter, credit quality remained excellent, expenses were well managed and capital generation continues to be a strength. Most importantly, our long-term shareholder value proposition remained steadfast, aimed at delivering a durable profitability profile, disciplined organic growth and peer leading capital generation".","length":1356,"tagName":"p"},{"type":"text","content":"Net income for the three months ended March 31, 2026 was $26.2 million, or $0.51 per diluted share, compared to ne...

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