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Horizon Bancorp, Inc. (HBNC)

NASDAQ: HBNC · IEX Real-Time Price · USD
18.95 0.18 (0.96%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap824.95M
Revenue (ttm)233.73M
Net Income (ttm)84.80M
Shares Out43.95M
EPS (ttm)1.93
PE Ratio9.81
Forward PE10.31
Dividend$0.53 (2.80%)
Ex-Dividend DateOct 7, 2021
Volume195,135
Open18.88
Previous Close18.77
Day's Range18.70 - 19.00
52-Week Range11.41 - 19.72
Beta1.24
AnalystsBuy
Price Target21.40 (+12.9%)
Est. Earnings DateOct 27, 2021

About HBNC

Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers demand and time deposits. It also provides commercial, residential real estate, mortgage warehouse, and consumer loans. In addition, the company offers 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 73 full-service offices in northern and central Indiana an...

IndustryBanks
Founded1873
CEOCraig Dwight
Employees761
Stock ExchangeNASDAQ
Ticker SymbolHBNC
Full Company Profile

Financial Performance

In 2020, HBNC's revenue was $209.81 million, an increase of 3.93% compared to the previous year's $201.87 million. Earnings were $68.50 million, an increase of 2.95%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for HBNC stock is "Buy." The 12-month stock price forecast is 21.40, which is an increase of 12.93% from the latest price.

Price Target
$21.40
(12.93% upside)
Analyst Consensus: Buy

News

Horizon Bancorp (HBNC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Horizon Bancorp (HBNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 days ago - Zacks Investment Research

Should You Buy Horizon Bancorp (HBNC) After Golden Cross?

When a stock experiences a golden cross technical event, good things could be on the horizon. How should investors react?

1 week ago - Zacks Investment Research

Here's Why Horizon Bancorp (HBNC) is a Great Momentum Stock to Buy

Does Horizon Bancorp (HBNC) have what it takes to be a top stock pick for momentum investors? Let's find out.

3 weeks ago - Zacks Investment Research

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Third Quarter 2021 Results on October 28

MICHIGAN CITY, Ind., Sept. 30, 2021 (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 28, 2021 ...

3 weeks ago - GlobeNewsWire

Top Ranked Income Stocks to Buy for September 27th

WSR, HBNC, BRT, and R made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 27, 2021.

Other symbols:BRTRWSR
4 weeks ago - Zacks Investment Research

Horizon Bancorp, Inc. Increases Quarterly Dividend by 15.4% to $0.15 per Share

MICHIGAN CITY, Ind., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Horizon Bancorp, Inc. (NASDAQ GS: HBNC) announced that its Board of Directors approved a 15.4% increase in its quarterly cash dividend from $0.13 ...

1 month ago - GlobeNewsWire

Horizon Bank Completes Acquisition of 14 Michigan Branches, Expanding Midwest Retail Footprint

MICHIGAN CITY, Ind., Sept. 20, 2021 (GLOBE NEWSWIRE) -- Horizon Bank, a wholly owned subsidiary of Horizon Bancorp, Inc. (NASDAQ GS: HBNC) (“Horizon”), announced the completion of its previously announc...

1 month ago - GlobeNewsWire

Horizon Bancorp (HBNC) Sees Hammer Chart Pattern: Time to Buy?

Horizon Bancorp (HBNC) has been struggling lately, but the selling pressure may be coming to an end soon.

1 month ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for September 1st

AMNB, HVT, CHCO, and HBNC made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 1, 2021.

Other symbols:AMNBCHCOHVT
1 month ago - Zacks Investment Research

Horizon Bank Announces Receipt of Regulatory Approvals to Acquire 14 of The Huntington National Bank Branches

Extends Horizon's Midwest retail franchise in 11 Michigan counties Extends Horizon's Midwest retail franchise in 11 Michigan counties

2 months ago - GlobeNewsWire

Why Horizon Bancorp (HBNC) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Horizon Bancorp (HBNC) have what it takes?

2 months ago - Zacks Investment Research

Horizon Bancorp (HBNC) Q2 Earnings and Revenues Beat Estimates

Horizon Bancorp (HBNC) delivered earnings and revenue surprises of 18.60% and 3.10%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Horizon Bancorp: Q2 Earnings Insights

Shares of Horizon Bancorp (NASDAQ:HBNC) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share rose 56.25% year over year to $0.50, which beat the estimate of $0...

2 months ago - Benzinga

Horizon Bancorp, Inc. Announces Strong Second Quarter 2021 Financial Results Including EPS of $0.50

MICHIGAN CITY, Ind., July 27, 2021 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three and six months endin...

2 months ago - GlobeNewsWire

Horizon Bancorp (HBNC) Earnings Expected to Grow: Should You Buy?

Horizon Bancorp (HBNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Horizon Bancorp (HBNC) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Horizon Bancorp (HBNC) have what it takes?

3 months ago - Zacks Investment Research

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Second Quarter 2021 Results on July 28

MICHIGAN CITY, Ind., June 30, 2021 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Wednesday, July 28, 2021 to rev...

3 months ago - GlobeNewsWire

This is Why Horizon Bancorp (HBNC) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Horizon Bancorp (HBNC) have what it takes?

4 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for June 17th

Top Ranked Income Stocks to Buy for June 17th

Other symbols:BKEFCFWBS
4 months ago - Zacks Investment Research

Horizon Bancorp (HBNC) Upgraded to Strong Buy: What Does It Mean for the Stock?

Horizon Bancorp (HBNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

4 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for June 8th

Top Ranked Income Stocks to Buy for June 8th

Other symbols:DCOMGPSORRF
4 months ago - Zacks Investment Research

Horizon Bank to Acquire 14 TCF National Bank Branches in Michigan with $976 Million in Deposits and $278 Million in L...

Extends Horizon's Midwest retail franchise in 11 Michigan counties Extends Horizon's Midwest retail franchise in 11 Michigan counties

5 months ago - GlobeNewsWire

Horizon Bancorp, Inc. Releases Inaugural Corporate Social Responsibility Report

The report examines Horizon's commitment to diversity, equity and inclusion, as well as its community lending, charitable giving, work environment and corporate governance The report examines Horizon's ...

5 months ago - GlobeNewsWire

Horizon Bancorp (HBNC) Tops Q1 Earnings Estimates

Horizon Bancorp (HBNC) delivered earnings and revenue surprises of 12.20% and -3.63%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Horizon Bancorp: Q1 Earnings Insights

Shares of Horizon Bancorp (NASDAQ:HBNC) were flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 83.33% over the past year to $0.44, which ...

5 months ago - Benzinga