HBNC Stock Overview
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
Horizon Bancorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.41 |
| 52 Week High | US$14.71 |
| 52 Week Low | US$7.69 |
| Beta | 1.01 |
| 1 Month Change | -3.71% |
| 3 Month Change | -11.82% |
| 1 Year Change | 4.39% |
| 3 Year Change | -38.56% |
| 5 Year Change | -27.78% |
| Change since IPO | 1,305.05% |
Recent News & Updates
Recent updates
Horizon Bancorp: All In All, A Positive Q4 2023
Jan 31Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's
Mar 28
Horizon 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 13Does Horizon Bancorp (NASDAQ:HBNC) Deserve A Spot On Your Watchlist?
Mar 02Horizon Bancorp (NASDAQ:HBNC) Is Increasing Its Dividend To US$0.15
Dec 30Horizon Bancorp: Attractively Valued With Prospects Of Balance Sheet Growth
Nov 20Horizon Bancorp's (NASDAQ:HBNC) Dividend Will Be Increased To US$0.15
Sep 25Horizon Bancorp: Expansion Plans To Boost Earnings
Aug 05TCF Financial sells 14 bank branches to Horizon Bank amid merger with Huntington
May 26With EPS Growth And More, Horizon Bancorp (NASDAQ:HBNC) Is Interesting
May 26Some Shareholders May find It Hard To Increase Horizon Bancorp, Inc.'s (NASDAQ:HBNC) CEO Compensation This Year
Apr 30Horizon Bancorp EPS beats by $0.05, misses on revenue
Apr 28Shareholder Returns
| HBNC | US Banks | US Market | |
|---|---|---|---|
| 7D | -5.1% | -5.5% | -3.1% |
| 1Y | 4.4% | 21.3% | 20.9% |
Return vs Industry: HBNC underperformed the US Banks industry which returned 21.6% over the past year.
Return vs Market: HBNC underperformed the US Market which returned 22.4% over the past year.
Price Volatility
| HBNC volatility | |
|---|---|
| HBNC Average Weekly Movement | 5.2% |
| Banks Industry Average Movement | 4.4% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: HBNC has not had significant price volatility in the past 3 months.
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$509.48m |
| Earnings (TTM) | US$27.98m |
| Revenue (TTM) | US$185.28m |
18.0x
P/E Ratio0.7x
P/B RatioIs HBNC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HBNC income statement (TTM) | |
|---|---|
| Revenue | US$185.28m |
| Cost of Revenue | US$0 |
| Gross Profit | US$185.28m |
| Other Expenses | US$157.30m |
| Earnings | US$27.98m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 24, 2024
| Earnings per share (EPS) | 0.63 |
| Gross Margin | 100.00% |
| Net Profit Margin | 15.10% |
| Debt/Equity Ratio | 207.3% |
How did HBNC perform over the long term?
See historical performance and comparison