Horizon Bancorp (HBNC) Tops Q2 EPS by 5c

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Horizon Bancorp, Inc. Reports Record Second Quarter 2022 EPS of $0.57

July 27, 2022 4:35 PM EDT

MICHIGAN CITY, Ind., July 27, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. (Horizon or the Company) announced its unaudited financial results for the three and sixmonths ending June 30, 2022.

We are extremely pleased with our performance during the second quarter of fiscal 2022. Record earnings and profitability can be attributed to strong loan growth and the higher interest rate environment which led to a meaningful increase in pretax, preprovision net income, Chairman and CEO Craig M. Dwight said. This level of organic growth would not have been possible without... More