Horizon Bancorp, Inc. (HBNC)

NASDAQ: HBNC · IEX Real-Time Price · USD
18.43
-0.35 (-1.86%)
Sep 27, 2022 3:59 PM EDT - Market closed
-1.86%
Market Cap 803.05M
Revenue (ttm) 255.27M
Net Income (ttm) 92.92M
Shares Out 43.57M
EPS (ttm) 2.12
PE Ratio 8.69
Forward PE 7.94
Dividend $0.61 (3.31%)
Ex-Dividend Date Oct 6, 2022
Volume 84,471
Open 18.81
Previous Close 18.78
Day's Range 18.29 - 18.92
52-Week Range 16.53 - 23.80
Beta 1.05
Analysts Buy
Price Target 24.58 (+33.4%)
Earnings Date Oct 25, 2022

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...]

Industry Banks
Founded 1873
CEO Craig Dwight
Employees 843
Stock Exchange NASDAQ
Ticker Symbol HBNC
Full Company Profile

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 Statements

Analyst Forecast

According to 11 analysts, the average rating for HBNC stock is "Buy." The 12-month stock price forecast is 24.58, which is an increase of 33.37% from the latest price.

Price Target
$24.58
(33.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

Other symbols: EBCGWW
1 day ago - Zacks Investment Research

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.

Other symbols: PTSITPG
5 days ago - Zacks Investment Research

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?

1 week ago - Zacks Investment Research

Best Dividend Stocks to Buy Now According to the Zacks Rank

Place bets on dividend-paying stocks like Exxon Mobil (XOM), Horizon Bancorp (HBNC), Radian Group (RDN), BRT Apartments (BRT) and Provident Financial Services (PFS) for a steady stream of income.

Other symbols: BRTPFSRDNXOM
2 weeks ago - Zacks Investment Research

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?

3 weeks 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?

1 month ago - Zacks Investment Research

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 and ...

1 month 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?

1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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 endi...

1 month ago - GlobeNewsWire

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?

2 months ago - Zacks Investment Research

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 re...

2 months ago - GlobeNewsWire

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 t...

3 months ago - GlobeNewsWire

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 Direct...

3 months ago - GlobeNewsWire

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 an...

3 months ago - Zacks Investment Research

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?

4 months ago - Zacks Investment Research

Horizon Bancorp, Inc. Reports First Quarter 2022 EPS of $0.54 on Record Profitability, Higher Fees and Pre–Tax, Pre–P...

MICHIGAN CITY, Ind., April 27, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three months ending March...

4 months ago - GlobeNewsWire

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review First Quarter 2022 Results on April 28

MICHIGAN CITY, Ind., March 31, 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, April 28, 2022 to ...

5 months ago - GlobeNewsWire

Are You Looking for a High-Growth Dividend Stock? 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?

6 months ago - Zacks Investment Research

This Trio of Regional Banks Looks Fairly Priced

When screening the market for stocks that are trading at or below their fair prices, one tool investors can use is the earnings power value.

Other symbols: PEBOUVSP
7 months ago - GuruFocus

Horizon Bancorp (HBNC) Q4 Earnings Top Estimates

Horizon Bancorp (HBNC) delivered earnings and revenue surprises of 3.85% and 0.15%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Horizon Bancorp, Inc. Announces Consumer and Commercial Banking Leadership Appointments and Retirement of Jim Neff, P...

MICHIGAN CITY, Ind., Jan. 26, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) -- Horizon Bancorp, Inc. (“Horizon” or the “Company”) today announced various changes to its senior leadership structure and made...

8 months ago - GlobeNewsWire

Horizon Bancorp, Inc. Announces Record Earnings for 2021 and Fourth Quarter Results including Strong Profitability, H...

MICHIGAN CITY, Ind., Jan. 26, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three and twelve months en...

8 months ago - GlobeNewsWire

Best Momentum Stocks to Buy for January 25th

PFBC, CYH, and HBNC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 25, 2022

Other symbols: CYHPFBC
8 months ago - Zacks Investment Research

Here's Why Momentum in Horizon Bancorp (HBNC) Should Keep going

If you are looking for stocks that are well positioned to maintain their recent uptrend, Horizon Bancorp (HBNC) could be a great choice. It is one of the several stocks that passed through our "Recent P...

8 months ago - Zacks Investment Research