--- title: "Horizon Bancorp takes USD 3.1 million pre-tax legal charge tied to ongoing appeal" type: "News" locale: "en" url: "https://longbridge.com/en/news/293515338.md" description: "Horizon Bancorp recorded a USD 3.1 million pre-tax legal charge in Q2 2026, reducing diluted earnings per share by approximately USD 0.05. This accrual remains until the appeal process concludes and increased non-interest expenses to USD 43.8 million for the quarter." datetime: "2026-07-22T20:10:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293515338.md) - [en](https://longbridge.com/en/news/293515338.md) - [zh-HK](https://longbridge.com/zh-HK/news/293515338.md) generator: "portal-rs" --- # Horizon Bancorp takes USD 3.1 million pre-tax legal charge tied to ongoing appeal - Horizon Bancorp booked a USD 3.1 million pre-tax legal charge in Q2 2026, cutting results by about USD 0.05 per diluted share. \* The accrual will remain until the company completes its appeal process. \* The charge lifted Q2 2026 non-interest expense to USD 43.8 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Bancorp published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607221605PRIMZONEFULLFEED9766417) on July 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [HBNC.US](https://longbridge.com/en/quote/HBNC.US.md) ## Related News & Research - [Horizon Bancorp names Nicholas Ritter, Charles Sulerzyski independent directors](https://longbridge.com/en/news/296264917.md) - [Consulting's race to become AI native](https://longbridge.com/en/news/296676838.md) - [Bero prepares for its third Cyber 5 with channel-based insights](https://longbridge.com/en/news/296242268.md) - [Snowflake price target raised to $385 from $310 at Jefferies](https://longbridge.com/en/news/296053615.md) - [Sam Altman says he's worried about AI being controlled by a few powerful players](https://longbridge.com/en/news/296709981.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**