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

Horizon Bancorp (HBNC) reported $68.77 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 29.2%. EPS of $0.54 for the same period compares to $0.32 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $63.2 million, representing a surprise of +8.81%. The company delivered an EPS surprise of +35.00%, with the consensus EPS estimate being $0.40.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.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: Efficiency Ratio: 57.2% versus the three-analyst average estimate of 63.1%. Net Interest Margin: 3% versus the three-analyst average estimate of 3.1%. Annualized net charge-offs of average total loans: 0.1% versus the two-analyst average estimate of 0.1%. Average Balance - Total interest earning assets: $7.23 billion versus the two-analyst average estimate of $7.38 billion. Gain on sale of mortgage loans: $1.08 million versus the three-analyst average estimate of $0.92 million. Total non-interest income: $16.50 million compared to the $9.97 million average estimate based on three analysts. Net Interest Income: $52.27 million versus $53.24 million estimated by three analysts on average. Mortgage servicing income net of impairment: $0.39 million compared to the $0.39 million average estimate based on two analysts. Increase in cash value of bank owned life insurance: $0.34 million compared to the $0.32 million average estimate based on two analysts. Other income: $7.26 million compared to the $0.45 million average estimate based on two analysts. Interchange fees: $3.24 million compared to the $3.24 million average estimate based on two analysts. Wire transfer fees: $0.07 million compared to the $0.10 million average estimate based on two analysts. View all Key Company Metrics for Horizon Bancorp here>>>Shares of Horizon Bancorp have returned -9.5% over the past month versus the Zacks S&P 500 composite's -6.6% 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.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Horizon Bancorp (IN) (HBNC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks