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Dec 31, 2019
Horizon Bancorp Q4 2019 Earnings Report
Reported record earnings for 2019.
Key Takeaways
Horizon Bancorp, Inc. reported net income of $18.5 million, or $0.41 diluted earnings per share for Q4 2019, compared to $13.1 million, or $0.34 diluted earnings per share for Q4 2018.
Net income for the fourth quarter of 2019 was $18.5 million, or $0.41 diluted earnings per share.
Core net income for the fourth quarter of 2019 was $18.5 million, or $0.41 diluted earnings per share.
Net interest income increased $7.7 million, or 22.7%, to $41.5 million for the fourth quarter of 2019 compared to the fourth quarter of 2018.
Core net interest margin was 3.49% for the fourth quarter of 2019 compared to 3.43% for the fourth quarter of 2018.