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Horizon Bancorp outlines mid-teens net interest income growth for 2025 as margin expands and loan mix shifts
Net interest margin for Q2 increased to 3.23%, including 7 basis points of outsized interest recoveries. Excluding recoveries, operating margin was approximately 3.16%. Net loans held for investment ...
CEO Michael Balkin described 2025 as "a year of transformation" for Horizon, noting the government shutdown delayed the MRCC merger into 2026 but expressed optimism: "Closing the merger will ...
Stewart shared, "we have increased our net interest margin outlook for the full year 2026, which we now expect to be in the range of 4.25% to 4.35%." He projected period-end loans and deposit balances ...
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