Horizon Bancorp, Inc. (HBNC)
| Market Cap | 720.43M |
| Revenue (ttm) | 183.72M |
| Net Income (ttm) | 21.10M |
| Shares Out | 43.72M |
| EPS (ttm) | 0.48 |
| PE Ratio | 34.13 |
| Forward PE | 10.22 |
| Dividend | $0.64 (3.88%) |
| Ex-Dividend Date | Oct 4, 2024 |
| Volume | 464,345 |
| Open | 16.08 |
| Previous Close | 16.18 |
| Day's Range | 16.08 - 16.67 |
| 52-Week Range | 11.18 - 19.18 |
| Beta | 1.05 |
| Analysts | Hold |
| Price Target | 18.50 (+12.26%) |
| Earnings Date | Jan 22, 2025 |
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]
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 StatementsAnalyst Forecast
According to 2 analysts, the average rating for HBNC stock is "Hold." The 12-month stock price forecast is $18.5, which is an increase of 12.26% from the latest price.
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...
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 ...
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
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...
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 ...
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.
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
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.
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...
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...
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
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.
Horizon Bancorp, Inc. (HBNC) Q4 2023 Earnings Call Transcript
Horizon Bancorp, Inc. (HBNC) Q4 2023 Earnings Call Transcript
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.
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.
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 ...
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 ...
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 ...
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.
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...
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 ...
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.
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...
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...
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 ...