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Horizon Bancorp, Inc.NasdaqGS:HBNC Stock Report

Market Cap US$802.4m
Share Price
US$15.88
My Fair Value
US$19.2
17.3% undervalued intrinsic discount
1Y7.2%
7D-2.0%
Portfolio Value
View

Horizon Bancorp, Inc.

NasdaqGS:HBNC Stock Report

Market Cap: US$802.4m

Horizon Bancorp (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
Valuation4/6
Future Growth5/6
Past Performance4/6
Financial Health6/6
Dividends4/6

HBNC Community Fair Values

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Horizon Bancorp, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Horizon Bancorp
Historical stock prices
Current Share PriceUS$15.88
52 Week HighUS$19.18
52 Week LowUS$12.70
Beta0.82
1 Month Change-4.57%
3 Month Change-3.11%
1 Year Change7.15%
3 Year Change-13.18%
5 Year Change36.08%
Change since IPO1,855.50%

Recent News & Updates

Horizon Bancorp (NASDAQ:HBNC) Is Paying Out A Dividend Of $0.16

Oct 02
Horizon Bancorp (NASDAQ:HBNC) Is Paying Out A Dividend Of $0.16

Horizon Bancorp Strengthens Foundation For Future Growth

Sep 10

Recent updates

Horizon Bancorp (NASDAQ:HBNC) Is Paying Out A Dividend Of $0.16

Oct 02
Horizon Bancorp (NASDAQ:HBNC) Is Paying Out A Dividend Of $0.16

Horizon Bancorp Strengthens Foundation For Future Growth

Sep 10

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

Jul 02
Horizon Bancorp (NASDAQ:HBNC) Will Pay A Dividend Of $0.16

Horizon Bancorp: Attractive Ahead Of Q1 Earnings

Apr 10

Horizon Bancorp Appears Undervalued With A Positive Earnings Outlook

Mar 29

Horizon Bancorp (NASDAQ:HBNC) Is Due To Pay A Dividend Of $0.16

Mar 22
Horizon Bancorp (NASDAQ:HBNC) Is Due To Pay A Dividend Of $0.16

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

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

John Stewart's Arrival And Calculated Finance Overhaul To Spearhead Revenue Surge And Margin Expansion

Strengthening financial strategy with a new CFO and expanding loan portfolio could notably enhance Horizon Bancorp's revenue growth and profitability.

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

Shareholder Returns

HBNCUS BanksUS Market
7D-2.0%-2.6%1.6%
1Y7.2%30.8%18.7%

Return vs Industry: HBNC underperformed the US Banks industry which returned 30.8% over the past year.

Return vs Market: HBNC underperformed the US Market which returned 18.7% over the past year.

Price Volatility

Is HBNC's price volatile compared to industry and market?
HBNC volatility
HBNC Average Weekly Movement3.8%
Banks Industry Average Movement3.5%
Market Average Movement6.4%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.0%

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 (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1873852Thomas 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, and time deposits, as well as non-interest- and interest-bearing demand deposits. It also provides commercial, residential real estate, mortgage warehouse Loans, consumer loans, land and home equity, auto, and agriculture loans.

Horizon Bancorp, Inc. Fundamentals Summary

How do Horizon Bancorp's earnings and revenue compare to its market cap?
HBNC fundamental statistics
Market capUS$802.37m
Earnings (TTM)US$51.89m
Revenue (TTM)US$211.58m
15.4x
P/E Ratio
1.0x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HBNC income statement (TTM)
RevenueUS$211.58m
Cost of RevenueUS$0
Gross ProfitUS$211.58m
Other ExpensesUS$159.70m
EarningsUS$51.89m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Oct 22, 2025

Earnings per share (EPS)1.03
Gross Margin100.00%
Net Profit Margin24.52%
Debt/Equity Ratio139.8%

How did HBNC perform over the long term?

See historical performance and comparison

Dividends

4.0%
Current Dividend Yield
54%
Payout Ratio

Does HBNC pay a reliable dividends?

See HBNC dividend history and benchmarks
When do you need to buy HBNC by to receive an upcoming dividend?
Horizon Bancorp dividend dates
Ex Dividend DateOct 03 2025
Dividend Pay DateOct 17 2025
Days until Ex dividend1 day
Days until Dividend pay date13 days

Does HBNC pay a reliable dividends?

See HBNC dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/03 00:27
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Horizon Bancorp, Inc. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian MartinFIG Partners
Brendan NosalHovde Group, LLC
Brian MartinJanney Montgomery Scott LLC