Horizon Bancorp, Inc.

NasdaqGS:HBNC Stock Report

Market Cap: US$704.2m

Horizon Bancorp Balance Sheet Health

Financial Health criteria checks 6/6

Horizon Bancorp has total assets of $7.9B and total equity of $754.8M. Total deposits are $5.7B, and total loans are $4.8B. It earns a Net Interest Margin of 2.6%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $235.6M.

Key information

10.5x

Asset to equity ratio

2.6%

Net interest margin

Total deposits

US$5.73b

Loan to deposit ratio

Appropriate

Bad loans

0.5%

Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalents

US$235.57m

Recent financial health updates

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?

Horizon Bancorp (NASDAQ:HBNC) Is Increasing Its Dividend To US$0.15

Dec 30
Horizon Bancorp (NASDAQ:HBNC) Is Increasing Its Dividend To US$0.15

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: HBNC's Assets to Equity ratio (10.5x) is moderate.

Allowance for Bad Loans: HBNC has a sufficient allowance for bad loans (217%).

Low Risk Liabilities: 80% of HBNC's liabilities are made up of primarily low risk sources of funding.

Loan Level: HBNC has an appropriate level of Loans to Assets ratio (60%).

Low Risk Deposits: HBNC's Loans to Deposits ratio (83%) is appropriate.

Level of Bad Loans: HBNC has an appropriate level of bad loans (0.5%).


Discover healthy companies