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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Horizon Bancorp Inc | NASDAQ:HBNC | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.18 | -1.51% | 11.74 | 11.73 | 11.74 | 11.83 | 11.67 | 11.80 | 49,285 | 20:09:12 |
Joel Mikolich is a seasoned veteran of the equipment finance industry with 20+ years of experience and a successful track record for leading banks into this strategic line of business. Throughout his career, Joel has provided innovative financing and developed successful teams that have assisted small and mid-sized companies obtain the funding and capital solutions necessary to fuel their growth.
“The entry into this business line strategically aligns with Horizon’s stated goal to continue to diversify our business model and revenue streams,” Chief Commercial Banking Officer, Lynn Kerber said. “We believe the success of this new division will be propelled by Horizon’s core commercial banking business that has served as trusted advisors to the unique financial needs of diverse industries for 150 years. This foundation, coupled with the experienced leadership brought by Joel will provide new and flexible financing solutions to our customers, while providing an additional revenue stream for the Bank to help maximize shareholder value."
The immediate goal for the new division is to build a well-rounded, experienced team and originations platform in the fourth quarter of 2023 with a target to be operational in early 2024.
“I am excited to leverage my industry network and experience to build out a team that shares my passion for providing customer-centric financing solutions that can be supported by the lending capacity of an established financial institution like Horizon Bank,” stated Mikolich.
About Horizon Bancorp, Inc.Celebrating 150 years, Horizon Bancorp, Inc. is an independent, commercial bank holding company serving Indiana and Michigan through its commercial banking subsidiary, Horizon Bank. Horizon Bancorp, Inc. may be reached online at www.horizonbank.com. Its common stock is traded on the NASDAQ Global Select Market under the symbol HBNC.
Contact: Lynn KerberEVP, Chief Commercial Banking OfficerPhone: (219) 814-5815
1 Year Horizon Bancorp Chart |
1 Month Horizon Bancorp Chart |
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