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
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
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Shift To Commercial Loans And Asset Sales Will Improve Future Earnings
Horizon Bancorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.77 |
| 52 Week High | US$19.18 |
| 52 Week Low | US$11.18 |
| Beta | 1.07 |
| 1 Month Change | -12.05% |
| 3 Month Change | 6.77% |
| 1 Year Change | 12.08% |
| 3 Year Change | -27.63% |
| 5 Year Change | -14.71% |
| Change since IPO | 1,841.95% |
Recent News & Updates
Recent updates
Horizon Bancorp (NASDAQ:HBNC) Will Pay A Dividend Of $0.16
Sep 24
Horizon Bancorp: Attractive Dividend Yield And A Positive Earnings Outlook
May 03Horizon Bancorp: All In All, A Positive Q4 2023
Jan 31Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's
Mar 28Horizon Bancorp (NASDAQ:HBNC) Is Increasing Its Dividend To $0.16
Jan 03Horizon Bancorp goes ex dividend tomorrow
Oct 05Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's
Oct 02Horizon Bancorp: Strong Loan Growth To Lift Earnings
Aug 25Horizon Bancorp (NASDAQ:HBNC) Ticks All The Boxes When It Comes To Earnings Growth
Aug 16Horizon Bancorp Non-GAAP EPS of $0.57 beats by $0.05, revenue of $65.44M beats by $1.71M
Jul 27Horizon Bancorp's (NASDAQ:HBNC) Dividend Will Be Increased To US$0.16
Jun 30Horizon Bancorp: Loan Growth Likely To Boost The Bottom Line
Jun 10Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's
Mar 24Horizon Bancorp: Strong Topline Growth On The Cards
Mar 13Shareholder Returns
| HBNC | US Banks | US Market | |
|---|---|---|---|
| 7D | -2.0% | 0.6% | -0.2% |
| 1Y | 12.1% | 29.1% | 25.8% |
Return vs Industry: HBNC underperformed the US Banks industry which returned 29.1% over the past year.
Return vs Market: HBNC underperformed the US Market which returned 25.6% over the past year.
Price Volatility
| HBNC volatility | |
|---|---|
| HBNC Average Weekly Movement | 5.3% |
| Banks Industry Average Movement | 5.1% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 18.6% |
| 10% least volatile stocks in US Market | 3.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1873 | 847 | Thomas Prame | www.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
| HBNC fundamental statistics | |
|---|---|
| Market cap | US$689.39m |
| Earnings (TTM) | US$21.10m |
| Revenue (TTM) | US$183.72m |
32.7x
P/E Ratio0.9x
P/B RatioIs HBNC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HBNC income statement (TTM) | |
|---|---|
| Revenue | US$183.72m |
| Cost of Revenue | US$0 |
| Gross Profit | US$183.72m |
| Other Expenses | US$162.62m |
| Earnings | US$21.10m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 22, 2025
| Earnings per share (EPS) | 0.48 |
| Gross Margin | 100.00% |
| Net Profit Margin | 11.48% |
| Debt/Equity Ratio | 184.6% |
How did HBNC perform over the long term?
See historical performance and comparisonDividends
4.1%
Current Dividend Yield133%
Payout RatioDoes HBNC pay a reliable dividends?
See HBNC dividend history and benchmarks| Horizon Bancorp dividend dates | |
|---|---|
| Ex Dividend Date | Jan 03 2025 |
| Dividend Pay Date | Jan 17 2025 |
| Days until Ex dividend | 2 days |
| Days until Dividend pay date | 12 days |
Does HBNC pay a reliable dividends?
See HBNC dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 02:05 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Horizon Bancorp, Inc. is covered by 8 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.
| Analyst | Institution |
|---|---|
| Brian Martin | FIG Partners |
| Brendan Nosal | Hovde Group, LLC |
| Brian Martin | Janney Montgomery Scott LLC |