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Horizon Bancorp NasdaqGS:HBNC Stock Report

Last Price

US$18.40

Market Cap

US$812.7m

7D

1.8%

1Y

65.5%

Updated

27 Nov, 2024

Data

Company Financials +

Horizon Bancorp, Inc.

NasdaqGS:HBNC Stock Report

Market Cap: US$812.7m

HBNC Stock Overview

Operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services. More details

HBNC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance1/6
Financial Health6/6
Dividends4/6

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US$19.40
FV
5.2% undervalued intrinsic discount
18.31%
Revenue growth p.a.
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Horizon Bancorp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Horizon Bancorp
Historical stock prices
Current Share PriceUS$18.40
52 Week HighUS$19.18
52 Week LowUS$10.78
Beta1.02
11 Month Change13.16%
3 Month Change16.16%
1 Year Change65.47%
33 Year Change-4.56%
5 Year Change-0.59%
Change since IPO2,165.81%

Recent News & Updates

Horizon Bancorp (NASDAQ:HBNC) Will Pay A Dividend Of $0.16

Sep 24
Horizon Bancorp (NASDAQ:HBNC) Will Pay A Dividend Of $0.16

Recent updates

Horizon Bancorp (NASDAQ:HBNC) Will Pay A Dividend Of $0.16

Sep 24
Horizon Bancorp (NASDAQ:HBNC) Will Pay A Dividend Of $0.16

Horizon Bancorp: Attractive Dividend Yield And A Positive Earnings Outlook

May 03

Horizon Bancorp: All In All, A Positive Q4 2023

Jan 31

Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's

Mar 28
Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's

Horizon Bancorp (NASDAQ:HBNC) Is Increasing Its Dividend To $0.16

Jan 03
Horizon Bancorp (NASDAQ:HBNC) Is Increasing Its Dividend To $0.16

Horizon Bancorp goes ex dividend tomorrow

Oct 05

Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's

Oct 02
Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's

Horizon Bancorp: Strong Loan Growth To Lift Earnings

Aug 25

Horizon Bancorp (NASDAQ:HBNC) Ticks All The Boxes When It Comes To Earnings Growth

Aug 16
Horizon Bancorp (NASDAQ:HBNC) Ticks All The Boxes When It Comes To Earnings Growth

Horizon Bancorp Non-GAAP EPS of $0.57 beats by $0.05, revenue of $65.44M beats by $1.71M

Jul 27

Horizon Bancorp's (NASDAQ:HBNC) Dividend Will Be Increased To US$0.16

Jun 30
Horizon Bancorp's (NASDAQ:HBNC) Dividend Will Be Increased To US$0.16

Horizon Bancorp: Loan Growth Likely To Boost The Bottom Line

Jun 10

Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's

Mar 24
Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's

Horizon Bancorp: Strong Topline Growth On The Cards

Mar 13

Does Horizon Bancorp (NASDAQ:HBNC) Deserve A Spot On Your Watchlist?

Mar 02
Does Horizon Bancorp (NASDAQ:HBNC) Deserve A Spot On Your Watchlist?

Shareholder Returns

HBNCUS BanksUS Market
7D1.8%3.5%2.0%
1Y65.5%59.4%32.4%

Return vs Industry: HBNC exceeded the US Banks industry which returned 59.4% over the past year.

Return vs Market: HBNC exceeded the US Market which returned 32.4% over the past year.

Price Volatility

Is HBNC's price volatile compared to industry and market?
HBNC volatility
HBNC Average Weekly Movement5.4%
Banks Industry Average Movement5.1%
Market Average Movement6.3%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market3.1%

Stable Share Price: HBNC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: HBNC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1873847Thomas Pramewww.horizonbank.com

Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services. The company offers checking, saving, money market, certificate of deposits, individual retirement accounts, and time deposits, as well as non-interest- and interest-bearing demand deposits. It also provides commercial, residential real estate, mortgage, home equity, auto, personal, business, agricultural, and SBA loans, as well as credit cards.

Horizon Bancorp, Inc. Fundamentals Summary

How do Horizon Bancorp's earnings and revenue compare to its market cap?
HBNC fundamental statistics
Market capUS$812.67m
Earnings (TTM)US$21.10m
Revenue (TTM)US$183.72m

38.1x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HBNC income statement (TTM)
RevenueUS$183.72m
Cost of RevenueUS$0
Gross ProfitUS$183.72m
Other ExpensesUS$162.62m
EarningsUS$21.10m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.48
Gross Margin100.00%
Net Profit Margin11.48%
Debt/Equity Ratio184.6%

How did HBNC perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

133%

Payout Ratio