Filing Flows › Comparisons › HBNC vs MPB
Horizon Bancorp vs Mid Penn Bancorp: HBNC and MPB compared
Horizon Bancorp is the larger company: $77.1M of revenue in its latest quarter (Q3 2026) against $74.7M for Mid Penn Bancorp (Q3 2026). Horizon Bancorp is more profitable, with an operating margin of 44.5% against 37.0%.
Where the money goes: HBNC and MPB
Horizon Bancorp (HBNC) · Q3 2026
Horizon Bancorp, Q3 2026: revenue $77.1M, operating margin 44.5%, net earnings $28.7M, operating cash flow $29.4M. The chart follows the revenue to costs, profit and cash.
Mid Penn Bancorp (MPB) · Q3 2026
Mid Penn Bancorp, Q3 2026: revenue $74.7M (+21% year over year), operating margin 37.0%, net earnings $21.6M, operating cash flow $17.9M. The chart follows the revenue to costs, profit and cash.
| Horizon Bancorp (HBNC) | Mid Penn Bancorp (MPB) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $77.1M | $74.7M |
| Revenue growth, Y/Y | — | +21% |
| Operating margin | 44.5% | 37.0% |
| Net earnings | $28.7M | $21.6M |
| Net margin | 37.2% | 29.0% |
| Operating cash flow | $29.4M | $17.9M |
| Free cash flow | $26.6M | $15.9M |
Where the revenue comes from
Horizon Bancorp
- Net interest income: $65.2M (85%)
- Noninterest income: $11.9M (15%)
Mid Penn Bancorp
- Net interest income: $64.6M (87%)
- Noninterest income: $10.0M (13%)
Questions
Which is bigger, Horizon Bancorp or Mid Penn Bancorp?
Horizon Bancorp is the larger company: $77.1M of revenue in its latest quarter (Q3 2026) against $74.7M for Mid Penn Bancorp (Q3 2026).
Is Horizon Bancorp or Mid Penn Bancorp growing faster?
Horizon Bancorp is more profitable, with an operating margin of 44.5% against 37.0%.
More: Horizon Bancorp earnings · how Horizon Bancorp makes money · Mid Penn Bancorp earnings · how Mid Penn Bancorp makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.