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Horizon Bancorp, Inc. (HBNC)

Stock Price: $15.43 USD 0.59 (3.98%)
Updated November 24, 12:04 PM EST - Market open

Stock Price Chart

Key Info

Market Cap 677.08M
Revenue (ttm) 202.61M
Net Income (ttm) 65.15M
Shares Out 43.88M
EPS (ttm) 1.47
PE Ratio 10.50
Forward PE 10.74
Dividend $0.48
Dividend Yield 3.11%

Stock Quote

Trading Day November 24
Last Price $15.43
Previous Close $14.84
Change ($) 0.59
Change (%) 3.98%
Day's Open 15.00
Day's Range 14.99 - 15.46
Day's Volume 31,710
52-Week Range 7.42 - 19.48

More Stats

Market Cap 677.08M
Enterprise Value 1.27B
Earnings Date (est) n/a
Ex-Dividend Date Oct 1, 2020
Shares Outstanding 43.88M
Float 39.14M
EPS (basic) 1.46
EPS (diluted) 1.47
FCF / Share 1.54
Dividend $0.48
Dividend Yield 3.11%
Earnings Yield 9.53%
FCF Yield 9.98%
Payout Ratio 32.90%
Shares Short 729,718
Short Ratio 5.65
Short % of Float 1.86%
Beta 1.25
PE Ratio 10.50
Forward PE 10.74
P/FCF Ratio 10.02
PS Ratio 3.34
PB Ratio 0.95
Revenue 202.61M
Operating Income 76.97M
Net Income 65.15M
Free Cash Flow 67.55M
Net Cash -594.19M
Net Cash / Share -13.54
Gross Margin 97.26%
Operating Margin 37.99%
Profit Margin 32.20%
FCF Margin 33.34%
ROA 1.19%
ROE 9.92%
ROIC 1.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$15.60*
(1.10% upside)
Low
14.0
Current: $15.43
High
18.0
Target: 15.60
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue20216614312010086.2085.3782.0163.1355.97
Revenue Growth21.55%16.33%19.36%19.6%16.01%0.98%4.09%29.91%12.8%-
Gross Profit20216614312010086.2085.3782.0163.1355.97
Operating Income79.8463.5647.9532.7127.7824.2626.9227.9916.9813.40
Net Income66.5453.1233.1223.9120.5518.1019.8819.5412.8010.46
Shares Outstanding44.9738.3738.2233.2626.8520.7219.5719.5616.7516.71
Earnings Per Share1.531.380.950.790.840.850.961.020.670.54
EPS Growth10.87%45.26%20.25%-5.95%-0.83%-12.14%-5.68%52.31%24.72%-
Dividend Per Share0.440.390.320.270.190.230.240.170.140.13
Dividend Growth13.7%20.94%19.85%39.79%-15.86%-3.81%42.17%20.29%2.99%-
Operating Cash Flow17572.4449.0625.5535.2317.6746.9726.3522.4124.91
Capital Expenditures-4.61-3.43-2.69-1.38-5.62-6.26-6.32-6.98-2.44-2.41
Free Cash Flow17069.0146.3824.1729.6111.4140.6519.3619.9722.50
Cash & Equivalents10774.2476.4470.8348.6543.4831.7230.7420.4515.68
Total Debt606588602305482384289378401291
Net Cash / Debt-499-514-525-234-433-340-257-347-380-276
Assets5,2474,2473,9643,1412,6522,0771,7581,8481,5471,401
Liabilities4,5913,7553,5072,8002,3861,8831,5941,6891,4261,289
Book Value656492457341267194165159121112
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Horizon Bancorp, Inc.
Country United States
Employees 839
CEO Craig M. Dwight

Stock Information

Ticker Symbol HBNC
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: HBNC

Description

Horizon Bancorp 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 63 full service offices and 1 loan production office in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.