HBNC

Horizon Bancorp, Inc. operates as a bank holding company headquartered in Michigan City, Indiana, providing commercial and retail banking services primarily throughout Indiana and Michigan. Through its subsidiary Horizon Bank, the company serves customers via approximately 75 banking locations across its geographic footprint. Horizon Bancorp offers a comprehensive range of financial products including commercial and residential mortgage lending, consumer loans, commercial banking services, treasury management solutions, and wealth management services. The company focuses on relationship-based community banking, targeting small to mid-sized businesses, professionals, and retail customers in its markets. As a regional financial institution with approximately $6.5 billion in total assets, Horizon Bancorp maintains a strategy of organic growth supplemented by selective acquisitions. The company has expanded its presence through several strategic mergers over the past decade, including its 2020 acquisition of Salin Bank and Trust Company. Horizon Bancorp trades on NASDAQ under the ticker symbol HBNC and operates with a workforce of around 800 employees. The bank emphasizes commercial real estate lending, commercial and industrial loans, and residential mortgages as core business lines, while maintaining a strong deposit base through its community banking franchise. The company generates revenue primarily through net interest income from its lending activities and fee-based services including treasury management and wealth advisory offerings.