Horizon Bancorp, Inc. Reports Net Income of $18.2 Million in the First Quarter of 2023

Horizon Bancorp, Inc.(HBNC), a leading financial institu tion, has released its financial statements for the first quarter of 2023. The company's condensed consolidated balance sheets reveal total assets of $7.9 billion, and its condensed consolidated statements of income show a net income of $18.2 million. Additionally, the revenue for the quarter reached $71.8 million.

Let's delve into the details of the financial data for a comprehensive analysis of Horizon Bancorp's performance in Q1 2023.

Net Income of $18.2 Million in the First Quarter of 2023

Horizon Bancorp, Inc. has reported a net income of $18.2 million in the first quarter of 2023. This marks a significant performance for the financial institution amid a dynamic economic landscape.