Horizon Bancorp (HBNC) Misses Q2 EPS by 1c
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Horizon Bancorp Announces its 2015 Third Quarter Earnings
October 22, 2015 5:34 PM EDTMICHIGAN CITY, Ind.--(BUSINESS WIRE)-- (NASDAQ: HBNC) Horizon Bancorp today announced its unaudited financial results for the three and nine-month periods ended September 30, 2015.
SUMMARY:
On July 1, 2015, Horizon closed the acquisition of Peoples Bancorp (Peoples) and its wholly-owned subsidiary, Peoples Federal Savings Bank of DeKalb County, headquartered in Auburn, Indiana. The quarterly dividend was increased from $.14 to $.15 per share on September 15, 2015. Third quarter 2015 net income was $4.3 million or $.36 diluted earnings per share. Excluding merger... More