HORIZON BANCORP INC /IN/
Close on Oct 19, 2026
- Market cap
- $986.08M
- P/E (TTM)
- –
- Dividend yield
- 3.33%
About Horizon Bancorp
State Commercial Banks, SIC 6022
Horizon Bancorp, Inc. is a financial holding company that operates primarily through its subsidiary, Horizon Bank. The company conducts business in a single segment, commercial banking, and delivers a range of financial products and solutions. Its core offerings include commercial and retail banking, individual and corporate trust services, agency solutions, and related banking operations. Additionally, through specialized subsidiaries, the company handles investment portfolio management, real estate investment trust administration, and wealth management services that distribute life insurance products. Horizon serves a broad base of individual, retail, and corporate clients without relying heavily on any single customer.
The company is headquartered in Michigan City, Indiana, and is incorporated within the state. It conducts its primary banking operations across markets in northern and central Indiana, alongside southern and central Michigan. Horizon's branch network consists of 71 full-service offices located across these regions. The organization maintains a workforce comprising 465 full-time and 26 part-time employees across its locations.
Summary of the business section of Horizon Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- HORIZON BANCORP INC /IN/
- Founded
- 1873
- Headquarters
- Michigan City, IN
- Address
- 515 Franklin Street 46360
- Phone
- (219) 879-0211
- Website
- horizonbank.com
- Industry
- State Commercial Banks
- Incorporated in
- Indiana
- Fiscal year ends
- December 31
- Auditor
- Forvis Mazars, LLP, Indianapolis, Indiana
Stock & identifiers
- Ticker
- HBNC
- Exchange
- Nasdaq
- IPO date
- Jan 9, 2002
- Shares outstanding
- 51M, Aug 5, 2026
- Public float
- $655.80M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 3-for-2, Jun 18, 2018; 3-for-2, May 31, 2018; 3-for-2, Nov 15, 2016; 3-for-2, Oct 18, 2016; 3-for-2, Nov 13, 2012; 3-for-2, Sep 30, 2012; 3-for-2, Dec 31, 2011; 3-for-2, Dec 12, 2011; 3-for-2, Nov 18, 2003
- SEC CIK
- 706129
- CUSIP
- 440407104
- ISIN
- US4404071049
- LEI
- 549300U2OQ2EIT5MXG39
- EIN
- 35-1562417
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Kathie A. DeRuiter | Executive Vice President | 78,923 |
| John R. Stewart | EVP - Chief Financial Officer | 97,064 |
| Thomas M. Prame | Chief Executive Officer | 54,980 |
| Lynn Kerber | EVP & CCBO | 28,777 |
| Mark E. Secor | Executive Vice President | 58,212 |
| Todd A. Etzler | Executive Vice President & GC | 30,976 |
| Steven William Reed | Director | 30,093 |
| Brian C. Walker | Director | 7,136 |
| Vanessa Peterson Williams | Director | 12,444 |
| Michele Annette Samuels | Director | 8,286 |
| Nicholas Ritter | Director | 2,594 |
| Eric P. Blackhurst | Director | 29,588 |
| Michele M. Magnuson | Director | 74,645 |
| Kevin Ahern | Director | 16,896 |
| Larry S. Magnesen | Director | 10,230 |
| Brian W. Maass | Director | 10,183 |
| Charles W. Sulerzyski | Director | 2,723 |
| Lawrence E. Burnell | Director | 38,335 |
| James B. Dworkin | Director | 58,461 |
| Julie Scheck Freigang | Director | 14,828 |
| Craig M. Dwight | Director | 518,940 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Thomas M.Prame | $1.97M | $2.07M | $817.07K | $132 | $160 |
| FY2024 Thomas M.Prame | $1.64M | $1.90M | $839.17K | $105 | $132 |
| FY2023 Craig M.Dwight | $1.99M | $2.16M | $560.56K | $100 | $101 |
| FY2023 Thomas M.Prame | $1.11M | $1.18M | $560.56K | $100 | $101 |
| FY2022 | $1.33M | $991.74K | $648.92K | $63 | $81 |
| FY2022 Craig M.Dwight | $1.33M | $991.74K | $648.92K | $63 | $81 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Corporate history
Events identified from SEC filings