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Horizon Bancorp, Inc. (HBNC)

Stock Price: $10.87 USD 0.31 (2.94%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 476.91M
Revenue (ttm) 202.12M
Net Income (ttm) 65.37M
Shares Out 43.87M
EPS (ttm) 1.47
PE Ratio 7.39
Forward PE 8.25
Dividend $0.48
Dividend Yield 4.42%

Stock Quote

Trading Day Aug 7, 2020
Last Price $10.87
Previous Close $10.56
Change ($) 0.31
Change (%) 2.94%
Day's Open 10.47
Day's Range 10.29 - 10.90
Day's Volume 121,293
52-Week Range 7.42 - 19.48

More Stats

Market Cap 476.91M
Enterprise Value 995.87M
Earnings Date (est) Oct 21, 2020
Ex-Dividend Date Jul 1, 2020
Shares Outstanding 43.87M
Float 36.88M
EPS (basic) 1.46
EPS (diluted) 1.47
FCF / Share 1.72
Dividend $0.48
Dividend Yield 4.42%
Earnings Yield 13.52%
FCF Yield 15.75%
Payout Ratio 32.90%
Shares Short 704,103
Short Ratio 3.75
Short % of Float 1.83%
Beta 1.25
PE Ratio 7.39
Forward PE 8.25
P/FCF Ratio 6.35
PS Ratio 2.36
PB Ratio 0.71
Revenue 202.12M
Operating Income 76.88M
Net Income 65.37M
Free Cash Flow 75.09M
Net Cash -518.95M
Net Cash / Share -11.83
Gross Margin 99.68%
Operating Margin 38.03%
Profit Margin 32.80%
FCF Margin 37.15%
ROA 1.21%
ROE 10.23%
ROIC 1.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$13.60*
(25.11% upside)
Low
13.0
Current: $10.87
High
15.0
Target: 13.60
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue20216614312010086.2085.3782.0163.1355.97
Revenue Growth21.55%16.33%19.36%19.6%16.01%0.98%4.09%29.91%12.8%-
Gross Profit20216614312010086.2085.3782.0163.1355.97
Operating Income79.8463.5647.9532.7127.7824.2626.9227.9916.9813.40
Net Income66.5453.1233.1223.9120.5518.1019.8819.5412.8010.46
Shares Outstanding44.9738.3738.2233.2626.8520.7219.5719.5616.7516.71
Earnings Per Share1.531.380.950.790.840.850.961.020.670.54
EPS Growth10.87%45.26%20.25%-5.95%-0.83%-12.14%-5.68%52.31%24.72%-
Dividend Per Share0.440.390.320.270.190.230.240.170.140.13
Dividend Growth13.7%20.94%19.85%39.79%-15.86%-3.81%42.17%20.29%2.99%-
Operating Cash Flow17572.4449.0625.5535.2317.6746.9726.3522.4124.91
Capital Expenditures-4.61-3.43-2.69-1.38-5.62-6.26-6.32-6.98-2.44-2.41
Free Cash Flow17069.0146.3824.1729.6111.4140.6519.3619.9722.50
Cash & Equivalents10774.2476.4470.8348.6543.4831.7230.7420.4515.68
Total Debt606588602305482384289378401291
Net Cash / Debt-499-514-525-234-433-340-257-347-380-276
Assets5,2474,2473,9643,1412,6522,0771,7581,8481,5471,401
Liabilities4,5913,7553,5072,8002,3861,8831,5941,6891,4261,289
Book Value656492457341267194165159121112
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Horizon Bancorp, Inc.
Country United States
Employees 839
CEO Craig M. Dwight

Stock Information

Ticker Symbol HBNC
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: HBNC

Description

Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides commercial and retail banking services. The company offers demand and time deposits. Its loan portfolio comprises commercial, residential real estate, mortgage warehouse, and consumer loans. The company also provides corporate and individual trust and agency, investment management, and real estate investment trust services; and sells various insurance products. It operates through a network of 63 full service offices and 3 loan and deposit production offices in Northern and Central regions of Indiana, as well as Southern, Central, and Great Lakes bay regions of Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.