Horizon Bancorp, Inc. has announced that it will be hosting a conference call on July 25, 2024, to review its second quarter 2024 financial results. The news release for the second quarter will be available after markets close on July 24, 2024. Horizon Bancorp, Inc. is the $7.9 billion-asset bank holding company for Horizon Bank, serving customers in the Midwestern markets through digital and virtual tools, as well as its Indiana and Michigan branches.
In the previous quarter, Horizon Bancorp, Inc. reported total assets of $7.5 billion, total loans of $5.1 billion, and total deposits of $6.3 billion. The net income for the previous quarter was $23.4 million, with earnings per share of $0.43. Additionally, the return on average assets was 1.25% and the return on average equity was 12.1%.
During the second quarter, Horizon Bancorp, Inc. will be looking to provide an update on how these key metrics have changed and any other significant developments that have occurred. Investors and stakeholders will be particularly interested in any shifts in total assets, loans, deposits, net income, earnings per share, return on average assets, and return on average equity. These figures will provide insights into the company's financial performance and its ability to generate returns for shareholders. Following these announcements, the company's shares moved 0.7%, and are now trading at a price of $11.9. For more information, read the company's full 8-K submission here.
