Horizon Bancorp Shares Rise Ahead of Memorial Day With Margins in View
Horizon Bancorp shares closed Thursday at $18.42, their highest since May 8, after rising for two sessions. First-quarter net income reached $26.2 million, with net interest income up 19.1% to $62.2 million and total deposits at $5.4 billion. The bank’s market value stands near $945 million, well below Indiana peers. Friday’s session is the last before the Memorial Day market closure.