Horizon Bancorp, Inc. (HBNC)
| Market Cap | 498.02M |
| Revenue (ttm) | 185.28M |
| Net Income (ttm) | 27.98M |
| Shares Out | 44.11M |
| EPS (ttm) | 0.64 |
| PE Ratio | 17.64 |
| Forward PE | 8.24 |
| Dividend | $0.64 (5.67%) |
| Ex-Dividend Date | Apr 4, 2024 |
| Volume | 122,877 |
| Open | 11.50 |
| Previous Close | 11.40 |
| Day's Range | 11.29 - 11.62 |
| 52-Week Range | 7.69 - 14.71 |
| Beta | 1.01 |
| Analysts | Hold |
| Price Target | 13.00 (+15.15%) |
| Earnings Date | Apr 24, 2024 |
About HBNC
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services. The company offers checking, saving, money market, certificate of deposits, individual retirement accounts, and time deposits, as well as non-interest- and interest-bearing demand deposits. It also provides commercial, residential real estate, mortgage, home equity, auto, personal, business, agricultural, and SBA loans, as well as credit cards. In addition, the company offers corporate and individu... [Read more]
Financial Performance
In 2023, HBNC's revenue was $185.28 million, a decrease of -25.52% compared to the previous year's $248.79 million. Earnings were $27.98 million, a decrease of -70.04%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for HBNC stock is "Hold." The 12-month stock price forecast is $13.0, which is an increase of 15.15% from the latest price.
News
Horizon Bancorp, Inc. Announces Conference Call to Review First Quarter Results on April 25
Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Thursday, April 25, 2024 to review its first quarter 2024
Horizon Bank Appoints David Pendley President of Mortgage Banking
MICHIGAN CITY, Ind., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Horizon Bank announced the appointment of David Pendley as the divisional President of Mortgage Banking.
Horizon Bancorp, Inc. Announces Fourth Quarter and Full Year 2023 Results, Successfully Executes Balance Sheet Restructuring for Future Earnings Growth
Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three and twelve months ended December 31, 2023.
Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Fourth Quarter and Full Year 2023 Results on January 25
Horizon Bank will host a conference call at 7:30 a.m. CT on Thursday, January 25, 2024 to review its fourth quarter and full year 2023 financial results.
Horizon Bancorp, Inc. Announces Balance Sheet Repositioning
MICHIGAN CITY, Ind., Dec. 12, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced the execution ...
Horizon Bancorp, Inc. Announces Key Leadership Changes
MICHIGAN CITY, Ind., Nov. 07, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced the succession plan for its chief financial officer (“CFO”) and ...
Horizon Bank Announces Equipment Finance Division led by Joel Mikolich
MICHIGAN CITY, Ind., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Horizon Bank announced today the formation of a new equipment finance division to be led by Joel Mikolich as the division President.
Horizon Bancorp, Inc. Reports Third Quarter 2023 Results
MICHIGAN CITY, Ind., Oct. 25, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited ...
Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Third Quarter Results on October 26
MICHIGAN CITY, Ind., Sept. 21, 2023 (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 26, 2023...
HORIZON BANK ALERT: Bragar Eagel & Squire, P.C. is Investigating Horizon Bancorp, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Horizon Bancorp, Inc. (NASDAQ: HBNC) on beha...
Horizon Bancorp, Inc. Reports Second Quarter 2023 Results
MICHIGAN CITY, Ind., July 26, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited ...
5 Historically High-Yield Stocks Gurus Agree On
Marking the 12th consecutive month of declines, inflation rose only 3% in June according to the consumer price index. This was below economists' expectations of a 3.1% increase.
Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Second Quarter Results on July 27
MICHIGAN CITY, Ind., June 28, 2023 (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 27, 2023 to ...
HBNC ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 20, 2023 in the Class Action Filed on Behalf of Horizon Bancorp, Inc. Shareholders
NEW YORK , June 20, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Horizon Bancorp, Inc. (NASDAQ: HBNC) alleging that the C...
CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Horizon Investors of a Lead Plaintiff Deadline of June 20, 2023
NEW YORK , June 19, 2023 /PRNewswire/ -- Attention Horizon Bancorp, Inc. ("Horizon") (NASDAQ: HBNC) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on ...
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Horizon Bancorp, Inc. (HBNC)
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming June 20, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors...
HBNC SHAREHOLDER ALERT: Jakubowitz Law Reminds Horizon Shareholders of a Lead Plaintiff Deadline of June 20, 2023
NEW YORK , June 16, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Horizon Bancorp, Inc. (NASDAQ: HBNC). To recei...
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Horizon Bancorp, Inc. of Class Action Lawsuit and Upcoming Deadline - HBNC
NEW YORK , June 15, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Horizon Bancorp, Inc. ("Horizon" or the "Company") (NASDAQ: HBNC), and certain offic...
Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Horizon Bancorp, Inc. (HBNC) Investors of Class Action and Last Days to Actively Participate
NEW YORK--(BUSINESS WIRE)---- $HBNC #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Horizon Bancorp, Inc. (...
HBNC LAWSUIT ALERT: Levi & Korsinsky Notifies Horizon Bancorp, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
NEW YORK , June 15, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Horizon Bancorp, Inc. ("Horizon" or the "Company") (NASDAQ: HBNC) of a class action securities lawsuit. CLASS DEFIN...
HBNC Investors Have Opportunity to Lead Horizon Bancorp, Inc. Securities Fraud Lawsuit
LOS ANGELES , June 14, 2023 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit agai...
HORIZON SHAREHOLDER ACTION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Horizon To Contact Him Directly To Discuss Their Options
NEW YORK , June 10, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Horizon Bancorp, Inc. ("Horizon" or the "Company") (NAS...
KBRA Affirms Ratings for Horizon Bancorp, Inc.
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Michigan City, IN-based Horizon ...
SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Horizon Bancorp, Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / June 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Horizon Bancorp, Inc. ("Horizon Ba...
JUNE DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Horizon Bancorp, Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / June 6, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Horizon Bancorp, Inc. ("Horizon Ba...