Horizon Bancorp, Inc. (HBNC)

NASDAQ: HBNC · Real-Time Price · USD
18.07
+0.03 (0.17%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.17%
Market Cap 789.93M
Revenue (ttm) 183.72M
Net Income (ttm) 21.10M
Shares Out 43.72M
EPS (ttm) 0.48
PE Ratio 37.42
Forward PE 11.06
Dividend $0.64 (3.54%)
Ex-Dividend Date Oct 4, 2024
Volume 159,823
Open 17.93
Previous Close 18.04
Day's Range 17.76 - 18.07
52-Week Range 10.65 - 18.86
Beta 1.02
Analysts Hold
Price Target 15.33 (-15.16%)
Earnings Date Oct 23, 2024

About HBNC

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. In addition, the company offers corporate and individu... [Read more]

Sector Financials
Founded 1873
Employees 876
Stock Exchange NASDAQ
Ticker Symbol HBNC
Full Company Profile

Financial Performance

In 2023, Horizon Bancorp's revenue was $185.28 million, a decrease of -24.54% compared to the previous year's $245.55 million. Earnings were $27.98 million, a decrease of -70.04%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for HBNC stock is "Hold." The 12-month stock price forecast is $15.33, which is a decrease of -15.16% from the latest price.

Price Target
$15.33
(-15.16% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Horizon Bancorp, Inc. (HBNC) Q3 2024 Earnings Call Transcript

Horizon Bancorp, Inc. (NASDAQ:HBNC) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Thomas Prame - President and Chief Executive Officer Lynn Kerber - Executive Vice...

27 days ago - Seeking Alpha

Horizon Bancorp, Inc. Reports Third Quarter 2024 Results, Including EPS of $0.41 and Continued Profitability Improvement, as well as Accretive Balance Sheet Initiatives

MICHIGAN CITY, Ind., Oct. 23, 2024 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited ...

4 weeks ago - GlobeNewsWire

Horizon Bancorp, Inc. Announces Conference Call to Review Third Quarter 2024 Results on October 24

MICHIGAN CITY, Ind., September 26, 2024 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference c

7 weeks ago - GlobeNewsWire

Horizon Bancorp, Inc. (HBNC) Q2 2024 Earnings Call Transcript

Horizon Bancorp, Inc. (NASDAQ:HBNC) Q2 2024 Earnings Call July 25, 2024 8:30 AM ET Company Participants Thomas Prame - President and Chief Executive Officer Lynn Kerber - Executive Vice President and...

4 months ago - Seeking Alpha

Horizon Bancorp, Inc. Reports Second Quarter 2024 Results Including EPS of $0.32, Net Interest Margin Expansion, and Growth in Net Interest Income and Loans

MICHIGAN CITY, Ind., July 24, 2024 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited ...

4 months ago - GlobeNewsWire

Horizon Bank Appoints Michele Samuels and Brian Walker to Serve as Independent Directors

Horizon Bancorp, Inc. announced the appointments on June 18, 2024 of Michele A. Samuels and Brian C. Walker to serve as independent directors on the Board.

4 months ago - GlobeNewsWire

Horizon Bancorp, Inc. Announces Conference Call to Review Second Quarter Results on July 25

Horizon Bancorp, Inc. ("Horizon" or the "Company") will host a conference call at 7:30 a.m. CT on Thursday, July 25, 2024 to review its second quarter 2024

5 months ago - GlobeNewsWire

Horizon Bancorp, Inc. Names John R. Stewart, CFA as Chief Financial Officer

MICHIGAN CITY, Ind., May 13, 2024 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced today that John R.

6 months ago - GlobeNewsWire

Horizon Bancorp, Inc. (HBNC) Q1 2024 Earnings Call Transcript

Horizon Bancorp, Inc. (NASDAQ:HBNC) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Thomas Prame - President & CEO Lynn Kerber - EVP & Chief Commercial Banking Officer...

7 months ago - Seeking Alpha

Horizon Bancorp, Inc. Reports Solid First Quarter 2024 Results Including EPS of $0.32, Net Interest Margin Expansion, Loan Growth and Well-Managed Operating Expenses

MICHIGAN CITY, Ind., April 24, 2024 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited...

7 months ago - GlobeNewsWire

Horizon Bancorp, Inc. Announces Conference Call to Review First Quarter Results on April 25

Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Thursday, April 25, 2024 to review its first quarter 2024

8 months ago - GlobeNewsWire

Horizon Bank Appoints David Pendley President of Mortgage Banking

MICHIGAN CITY, Ind., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Horizon Bank announced the appointment of David Pendley as the divisional President of Mortgage Banking.

9 months ago - GlobeNewsWire

Horizon Bancorp, Inc. (HBNC) Q4 2023 Earnings Call Transcript

Horizon Bancorp, Inc. (HBNC) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Horizon Bancorp, Inc. Announces Fourth Quarter and Full Year 2023 Results, Successfully Executes Balance Sheet Restructuring for Future Earnings Growth

Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three and twelve months ended December 31, 2023.

10 months ago - GlobeNewsWire

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Fourth Quarter and Full Year 2023 Results on January 25

Horizon Bank will host a conference call at 7:30 a.m. CT on Thursday, January 25, 2024 to review its fourth quarter and full year 2023 financial results.

1 year ago - GlobeNewsWire

Horizon Bancorp, Inc. Announces Balance Sheet Repositioning

MICHIGAN CITY, Ind., Dec. 12, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced the execution ...

1 year ago - GlobeNewsWire

Horizon Bancorp: Negative Earnings Outlook Doesn't Dampen The Appeal Of A 6% Dividend Yield

Robust pipelines bode well for loan growth in the near term. However, the regional unemployment trend signals a slowdown. The declining margin trend is likely to turn around because the up-rate cycle ...

1 year ago - Seeking Alpha

Horizon Bancorp, Inc. Announces Key Leadership Changes

MICHIGAN CITY, Ind., Nov. 07, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced the succession plan for its chief financial officer (“CFO”) and ...

1 year ago - GlobeNewsWire

Horizon Bank Announces Equipment Finance Division led by Joel Mikolich

MICHIGAN CITY, Ind., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Horizon Bank announced today the formation of a new equipment finance division to be led by Joel Mikolich as the division President.

1 year ago - GlobeNewsWire

Horizon Bancorp, Inc. (HBNC) Q3 2023 Earnings Call Transcript

Horizon Bancorp, Inc. (NASDAQ:HBNC) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Company Participants Lynn Kerber - EVP & Chief Commercial Banking Officer Mark Secor - EVP & CFO Thoma...

1 year ago - Seeking Alpha

Horizon Bancorp, Inc. Reports Third Quarter 2023 Results

MICHIGAN CITY, Ind., Oct. 25, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited ...

1 year ago - GlobeNewsWire

Dividend Champion, Contender, And Challenger Highlights: Week Of October 15

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Other symbols: ADCAOSAPOGAXSCATCLCPT
1 year ago - Seeking Alpha

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Third Quarter Results on October 26

MICHIGAN CITY, Ind., Sept. 21, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Thursday, October 26, 2023...

1 year ago - GlobeNewsWire

Horizon Bancorp, Inc. (HBNC) Q2 2023 Earnings Call Transcript

Horizon Bancorp, Inc. (NASDAQ:HBNC) Q2 2023 Earnings Call Transcript July 27, 2023 8:30 AM ET Company Participants Thomas Prame - Chief Executive Officer and President Mark Secor - Executive Vice Pre...

1 year ago - Seeking Alpha

Horizon Bancorp, Inc. Reports Second Quarter 2023 Results

MICHIGAN CITY, Ind., July 26, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited ...

1 year ago - GlobeNewsWire