Compared to Estimates, Horizon Bancorp (HBNC) Q1 Earnings: A Look at Key Metrics

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Compared to Estimates, Horizon Bancorp (HBNC) Q1 Earnings: A Look at Key Metrics

Horizon Bancorp (HBNC) reported $73.48 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 6.9%. EPS of $0.51 for the same period compares to $0.54 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $73.27 million, representing a surprise of +0.29%. The company delivered an EPS surprise of +6.25%, with the consensus EPS estimate being $0.48.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Horizon Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin: 4.3% versus the two-analyst average estimate of 4.3%. Efficiency Ratio: 55.5% versus 55.4% estimated by two analysts on average. Total non-interest income: $11.24 million compared to the $10.91 million average estimate based on two analysts. Net Interest Income: $62.24 million versus $62.1 million estimated by two analysts on average.

View all Key Company Metrics for Horizon Bancorp here>>>

Shares of Horizon Bancorp have returned +8.7% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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