Horizon Bancorp Sets Q4 Non-FTE Net Interest Income at $66 Million to $67 Million
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Horizon Bancorp, Inc. set fourth-quarter 2026 non-FTE net interest income guidance at $66 million to $67 million, while forecasting modest margin expansion under a further rate-hike assumption. The outlook assumes one additional 25-basis-point rate increase in early December. That is a management assumption, not a confirmed Federal Reserve decision. Horizon gave no numerical target for fourth-quarter net interest margin expansion. For the quarter ended Sept. 30, Horizon recorded $65.159 million in GAAP net interest income, compared with $63.490 million for the quarter ended June 30. Its fully taxable equivalent (FTE) net interest margin was 4.37% in both quarters.
Source: TokenPost
