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An announcement from Horizon Bancorp ( (HBNC) ) is now available.
Horizon Bancorp, Inc. has reported a positive financial performance for the third quarter of 2024, with a net income increase to $18.2 million, or $0.41 per diluted share, from the previous quarter. The company continues to execute strategic initiatives, including organic growth in commercial loans and accretive balance sheet actions like the intended sale of its mortgage warehouse business. These moves are expected to enhance profitability and financial stability heading into 2025, promising a robust outlook for investors.
For detailed information about HBNC stock, go to TipRanks’ Stock Analysis page.
