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...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1873
• Employees: 843
• Stock Exchange: NASDAQ
• Ticker Symbol: HBNC

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%.

Analyst 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.

Price Target

$18.36

(12.50% upside)

Analyst Consensus: Buy