Horizon Bank Reports Returns Above 1.7% and CET1 Ratio of 11.53% on Q3 Call

Horizon Bank reported annualized returns on average assets above 1.7% and mid-single-digit loan and deposit growth on its third-quarter 2026 earnings call, held October 22, 2026. The Motley Fool covered the call. The bank's Common Equity Tier 1 capital ratio rose 44 basis points to 11.53%.

Horizon's Commercial Lending Push and Capital Build

Horizon Bank is a community bank serving Northern and Central Indiana and Southwest Michigan, according to akta.pro company records. On the call, management pointed to commercial and industrial lending as a driver of portfolio growth, with the bank capturing accounts from disrupted regional competitors.

"We have been very fortunate to expand some of our existing C&I customers' business as well as some new opportunities as we're growing into that space," said Lynn Kerber, Executive Vice President and Chief Commercial Banking Officer. "There's a little bit of disruption in the market with a couple of competitors."

John Stewart, Executive Vice President and Chief Financial Officer, said the CET1 ratio increase left the bank with capital to fund organic growth or share buybacks. "We are highly confident in the strength of our capital position and our ability to sustain attractive levels of profitability," Stewart said.

Thomas Prame, Chief Executive Officer and President, said lending activity is expected to accelerate across core Midwest markets alongside fee growth in treasury management. "Our strategy of efficient balance sheet expansion, continued development of our fee income businesses and conservative approach to credit has delivered meaningful shareholder value," Prame said.

Horizon's Balance Sheet at a Glance

Company records show Horizon Bank with $7.7 billion in total assets as of June 2025 and $4.9 billion in total loans as of the fourth quarter of 2025, up $60.7 million from the prior quarter, according to akta.pro company records. The records list $73.48 million in first-quarter 2026 revenue, slightly below an analyst estimate of $73.97 million. Horizon's funding history includes a $100 million post-IPO debt round and a $103.5 million post-IPO equity round, both in August 2025.

Horizon's Recent Leadership and Lending Moves

In June 2026, Horizon earned multiple honors at the U.S. Small Business Administration's Michigan District Lender Awards, strengthening its SBA Preferred Lender positioning in the Michigan small business market, according to the same records. That month it also promoted Marcus Swift to AVP, Commercial Loan Officer for the Central Indiana region, expanding front-line commercial lending capacity in a key growth market.

In August 2026, Horizon Bancorp appointed Nicholas Ritter and Charles Sulerzyski as independent directors on its board and that of its subsidiary, Horizon Bank, Stock Titan reported.

Horizon's Next Reporting Date

Horizon has not stated a date for its fourth-quarter 2026 results in the materials reviewed.