Horizon Bancorp, Inc. (HBNC)
Market Cap | 717.02M |
Revenue (ttm) | 257.97M |
Net Income (ttm) | 93.67M |
Shares Out | 43.93M |
EPS (ttm) | 2.15 |
PE Ratio | 7.59 |
Forward PE | 7.75 |
Dividend | $0.63 (3.86%) |
Ex-Dividend Date | Oct 6, 2022 |
Volume | 218,403 |
Open | 16.21 |
Previous Close | 16.24 |
Day's Range | 16.11 - 16.44 |
52-Week Range | 14.45 - 21.33 |
Beta | 0.91 |
Analysts | Buy |
Price Target | 18.36 (+12.5%) |
Earnings Date | Jan 26, 2023 |
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 various 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 78 full-service offices in northern and central Indiana and southe... [Read more]
Financial Performance
In 2021, HBNC's revenue was $241.73 million, an increase of 15.21% compared to the previous year's $209.81 million. Earnings were $87.09 million, an increase of 27.14%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for HBNC stock is "Buy." The 12-month stock price forecast is $18.36, which is an increase of 12.50% from the latest price.
News

Horizon Bancorp, Inc. to Host Virtual Investor Day on February 21, 2023
MICHIGAN CITY, Ind., Jan. 30, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host its 2022 Virtual Investor Day at 11:00 a.m. CT on Tuesday, Februar...

Horizon Bancorp (HBNC) Misses Q4 Earnings and Revenue Estimates
Horizon Bancorp (HBNC) delivered earnings and revenue surprises of -2.04% and 7%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Horizon Bancorp, Inc. Announces Record Earnings for 2022
MICHIGAN CITY, Ind., Jan. 25, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three and twelve months ...

Horizon Bancorp, Inc. Announces Thomas M. Prame to be Appointed Chief Executive Officer Effective June 1, 2023
MICHIGAN CITY, Ind., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Horizon Bancorp, Inc. (“Horizon”) (NASDAQ GS: HBNC) and Horizon Bank announced that Thomas M. Prame will be appointed the Chief Executive Officer...

Horizon Bank Announces the retirement of Daniel Hopp and Appointment of Vanessa Williams as New Director
MICHIGAN CITY, Ind., Dec. 20, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. (“Horizon”) announced today the retirement of Daniel F. Hopp from the Board of Directors (the “Board”) an...

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Fourth Quarter and Full Year 2022 Results on January 26
MICHIGAN CITY, Ind., Dec. 19, 2022 (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, January 26, 2023 ...

Horizon Bancorp (HBNC) Q3 Earnings and Revenues Lag Estimates
Horizon Bancorp (HBNC) delivered earnings and revenue surprises of -5.17% and 5.80%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Horizon Bancorp, Inc. Reports Third Quarter 2022 EPS of $0.55; Strong Loan Growth Continues to Offset Non–interest Income and Expense Headwinds
MICHIGAN CITY, Ind., Oct. 26, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three– and nine–months e...

Best Income Stocks to Buy for October 24th
FCCO, HBNC and ATEN made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 24, 2022.

Horizon Bancorp (HBNC) Could Be a Great Choice
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?

Best Momentum Stocks to Buy for September 26th
EBC, HBNC and GWW made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 26, 2022.

Best Momentum Stocks to Buy for September 22nd
PTSI, HBNC and TPG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 22, 2022.

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?

Why Horizon Bancorp (HBNC) is a Top Dividend Stock for Your Portfolio
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?

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?

Horizon Bancorp, Inc. Announces the Appointment of Banking Industry Leader Thomas Prame as President
MICHIGAN CITY, Ind., Aug. 02, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. (“Horizon” or the “Company”) today announced that it named Thomas M. Prame as President of the Company an...

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?

Horizon Bancorp (HBNC) Beats Q2 Earnings and Revenue Estimates
Horizon Bancorp (HBNC) delivered earnings and revenue surprises of 12% and 3.93%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Horizon Bancorp, Inc. Reports Record Second Quarter 2022 EPS of $0.57
MICHIGAN CITY, Ind., July 27, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three– and six–months en...

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Second Quarter 2022 Results on July 28
MICHIGAN CITY, Ind., June 30, 2022 (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, July 28, 2022 to ...

Horizon Bancorp, Inc. Increases Quarterly Dividend by 6.67% to $0.16 per Share
MICHIGAN CITY, Ind., June 24, 2022 (GLOBE NEWSWIRE) -- Horizon Bancorp, Inc. (NASDAQ GS: HBNC) announced that its Board of Directors approved a 6.67% increase in its quarterly cash dividend from $0.15...

Horizon Bancorp, Inc. Elects New Lead Director
MICHIGAN CITY, Ind., June 24, 2022 (GLOBE NEWSWIRE) -- Horizon Bancorp Inc.'s (NASDAQ GS: HBNC) independent directors, at its June 21, 2022 meeting, held a confidential ballot to elect a new Lead Dire...

Wall Street Analysts Think Horizon Bancorp (HBNC) Could Surge 29%: Read This Before Placing a Bet
The mean of analysts' price targets for Horizon Bancorp (HBNC) points to a 28.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among ...

Horizon Bancorp (HBNC) Q1 Earnings and Revenues Surpass Estimates
Horizon Bancorp (HBNC) delivered earnings and revenue surprises of 14.89% and 3.53%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?