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Horizon Bancorp
Horizon Bancorp

-9.35%

Financial services / Community banking and financial services

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Company Overview

General information about the Horizon Bancorp company
Horizon Bancorp is a bank holding company that operates through its subsidiary, Horizon Bank, which provides a range of financial services to individuals, businesses, and municipalities in Indiana and Michigan. The company was founded in 1873 and is headquartered in Michigan City, Indiana. It is a publicly traded company, listed on the NASDAQ stock exchange under the ticker symbol HBNC.
Horizon Bank offers a variety of banking and financial services, including checking and savings accounts, mortgage and consumer loans, investment services, and online banking. The bank also provides business and commercial banking services such as cash management, business loans, and treasury management.
As of December 31, 2020, Horizon Bancorp had total assets of $6.1 billion, deposits of $4.8 billion, and loans of $4.5 billion. The company has a strong presence in Indiana and Michigan, with over 60 branch locations in these states.
In addition to its banking services, Horizon Bancorp is committed to giving back to the communities it serves. The company has a charitable foundation, Horizon Cares, which supports various causes and organizations in the areas of education, health and human services, and community development.
Overall, Horizon Bancorp is a reputable financial institution that has been serving its customers for over 140 years and continues to grow and expand its services.
What is special about the Horizon Bancorp company?
1. Long History: Horizon Bancorp was founded in 1873, making it one of the oldest banks in the Midwest. This long history has enabled the company to establish a strong reputation and build a loyal customer base.
2. Strong Financial Performance: Horizon Bancorp has consistently shown strong financial performance over the years, with steady growth in revenue and profits. This stability has also allowed the company to weather economic downturns and continue to provide banking services to its customers.
3. Community Focus: Horizon Bancorp prides itself on being a community-focused bank, with a strong commitment to supporting the local communities in which it operates. The company actively supports local charities, nonprofits, and other organizations through donations and volunteerism.
4. Diverse Services: The company offers a wide range of financial services, including personal and business banking, mortgage lending, trust and wealth management, and insurance services. This diversity allows Horizon Bancorp to cater to a diverse customer base and meet their unique financial needs.
5. Technology-driven: While maintaining its traditional roots, Horizon Bancorp has also embraced technology to enhance its customer experience. The company offers mobile banking, online banking, and other digital services to provide convenience and efficiency to its customers.
6. Strong Corporate Culture: Horizon Bancorp has a strong corporate culture that emphasizes respect, integrity, and teamwork. The company values its employees and fosters a positive work environment, which translates into better customer service and satisfaction.
7. Acquisitions and Expansion: Horizon Bancorp has a history of acquiring other banks and expanding its operations, which has allowed the company to grow its customer base and geographic reach. This growth strategy has contributed to the company’s success and continued growth.
8. Awards and Recognition: Horizon Bancorp has been recognized for its exceptional performance and community involvement by various organizations and publications. This includes being named one of the Best Banks in America by Forbes magazine and receiving the Indiana Governor’s Half Century Business Award.

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