Horizon Bancorp (HBNC) reported second-quarter net income available to common shareholders of $4.8 million or $0.93 per share, up from $2.8 million or $0.56 per share in the year-ago comparable quarter.
On average, 3 analysts polled by Thomson Reuters expected the company to earn $0.80 per share for the quarter. Analysts' estimates typically excludes special items.
Net interest income for the latest quarter rose to $13.0 million from $11.5 million in the same quarter last year. Other income increased to $6.6 million from $4.4 million in the year-ago second quarter.
Analysts expected the company to report revenues of $18.18 million for the quarter.
Provision for loan losses for the quarter decreased to $0.2 million from $1.3 million in the year-ago quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.