Horizon Bancorp, Inc. (HBNC)
Stock Price:
$10.87 USD
0.31 (2.94%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed
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 |
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 202 | 166 | 143 | 120 | 100 | 86.20 | 85.37 | 82.01 | 63.13 | 55.97 |
| Revenue Growth | 21.55% | 16.33% | 19.36% | 19.6% | 16.01% | 0.98% | 4.09% | 29.91% | 12.8% | - |
| Gross Profit | 202 | 166 | 143 | 120 | 100 | 86.20 | 85.37 | 82.01 | 63.13 | 55.97 |
| Operating Income | 79.84 | 63.56 | 47.95 | 32.71 | 27.78 | 24.26 | 26.92 | 27.99 | 16.98 | 13.40 |
| Net Income | 66.54 | 53.12 | 33.12 | 23.91 | 20.55 | 18.10 | 19.88 | 19.54 | 12.80 | 10.46 |
| Shares Outstanding | 44.97 | 38.37 | 38.22 | 33.26 | 26.85 | 20.72 | 19.57 | 19.56 | 16.75 | 16.71 |
| Earnings Per Share | 1.53 | 1.38 | 0.95 | 0.79 | 0.84 | 0.85 | 0.96 | 1.02 | 0.67 | 0.54 |
| EPS Growth | 10.87% | 45.26% | 20.25% | -5.95% | -0.83% | -12.14% | -5.68% | 52.31% | 24.72% | - |
| Dividend Per Share | 0.44 | 0.39 | 0.32 | 0.27 | 0.19 | 0.23 | 0.24 | 0.17 | 0.14 | 0.13 |
| Dividend Growth | 13.7% | 20.94% | 19.85% | 39.79% | -15.86% | -3.81% | 42.17% | 20.29% | 2.99% | - |
| Operating Cash Flow | 175 | 72.44 | 49.06 | 25.55 | 35.23 | 17.67 | 46.97 | 26.35 | 22.41 | 24.91 |
| Capital Expenditures | -4.61 | -3.43 | -2.69 | -1.38 | -5.62 | -6.26 | -6.32 | -6.98 | -2.44 | -2.41 |
| Free Cash Flow | 170 | 69.01 | 46.38 | 24.17 | 29.61 | 11.41 | 40.65 | 19.36 | 19.97 | 22.50 |
| Cash & Equivalents | 107 | 74.24 | 76.44 | 70.83 | 48.65 | 43.48 | 31.72 | 30.74 | 20.45 | 15.68 |
| Total Debt | 606 | 588 | 602 | 305 | 482 | 384 | 289 | 378 | 401 | 291 |
| Net Cash / Debt | -499 | -514 | -525 | -234 | -433 | -340 | -257 | -347 | -380 | -276 |
| Assets | 5,247 | 4,247 | 3,964 | 3,141 | 2,652 | 2,077 | 1,758 | 1,848 | 1,547 | 1,401 |
| Liabilities | 4,591 | 3,755 | 3,507 | 2,800 | 2,386 | 1,883 | 1,594 | 1,689 | 1,426 | 1,289 |
| Book Value | 656 | 492 | 457 | 341 | 267 | 194 | 165 | 159 | 121 | 112 |
Numbers in millions USD, except per-share numbers.
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.