Horizon Bancorp, Inc. (HBNC)
NASDAQ: HBNC · Real-Time Price · USD
21.24
+0.43 (2.07%)
Nov 9, 2026, 3:14 PM EST - Market open

Horizon Bancorp Statistics

Total Valuation

Horizon Bancorp has a market cap or net worth of $1.09 billion. The enterprise value is $1.20 billion.

Market Cap1.09B
Enterprise Value 1.20B

Important Dates

The last earnings date was Wednesday, October 21, 2026, after market close.

Earnings Date Oct 21, 2026
Ex-Dividend Date Oct 2, 2026

Share Statistics

Horizon Bancorp has 51.35 million shares outstanding. The number of shares has increased by 14.73% in one year.

Current Share Class 51.35M
Shares Outstanding 51.35M
Shares Change (YoY) +14.73%
Shares Change (QoQ) +0.10%
Owned by Insiders (%) 2.26%
Owned by Institutions (%) 79.05%
Float 50.19M

Valuation Ratios

The trailing PE ratio is 10.26 and the forward PE ratio is 9.64.

PE Ratio 10.26
Forward PE 9.64
PS Ratio 3.67
Forward PS 3.41
PB Ratio 1.53
P/TBV Ratio 2.02
P/FCF Ratio 11.58
P/OCF Ratio 11.07
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 11.26
EV / Sales 4.05
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 12.77

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.50
Debt / EBITDA n/a
Debt / FCF 3.70
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 15.69%.

Return on Equity (ROE) 15.69%
Return on Assets (ROA) 1.60%
Return on Invested Capital (ROIC) n/a
Return on Capital Employed (ROCE) n/a
Weighted Average Cost of Capital (WACC) 6.63%
Revenue Per Employee $604,436
Profits Per Employee $217,240
Employee Count491
Asset Turnover n/a
Inventory Turnover n/a

Taxes

In the past 12 months, Horizon Bancorp has paid $23.40 million in taxes.

Income Tax 23.40M
Effective Tax Rate 17.99%

Stock Price Statistics

The stock price has increased by +32.84% in the last 52 weeks. The beta is 0.82, so Horizon Bancorp's price volatility has been lower than the market average.

Beta (5Y) 0.82
52-Week Price Change +32.84%
50-Day Moving Average 19.77
200-Day Moving Average 18.80
Relative Strength Index (RSI) 63.07
Average Volume (20 Days) 562,488

Short Selling Information

The latest short interest is 2.71 million, so 5.29% of the outstanding shares have been sold short.

Short Interest 2.71M
Short Previous Month 2.54M
Short % of Shares Out 5.29%
Short % of Float 5.41%
Short Ratio (days to cover) 4.03

Income Statement

In the last 12 months, Horizon Bancorp had revenue of $296.78 million and earned $106.67 million in profits. Earnings per share was $2.07.

Revenue296.78M
Gross Profit 296.78M
Operating Income 136.69M
Pretax Income 130.06M
Net Income 106.67M
EBITDA n/a
EBIT n/a
Earnings Per Share (EPS) $2.07
Full Income Statement

Balance Sheet

The company has $236.18 million in cash and $348.54 million in debt, with a net cash position of -$112.36 million or -$2.19 per share.

Cash & Cash Equivalents 236.18M
Total Debt 348.54M
Net Cash -112.36M
Net Cash Per Share -$2.19
Equity (Book Value) 699.30M
Book Value Per Share 13.62
Working Capital -5.26B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $98.42 million and capital expenditures -$4.34 million, giving a free cash flow of $94.08 million.

Operating Cash Flow 98.42M
Capital Expenditures -4.34M
Depreciation & Amortization n/a
Net Borrowing -714.36M
Free Cash Flow 94.08M
FCF Per Share $1.83
Full Cash Flow Statement

Margins

Gross Margin n/a
Operating Margin 46.06%
Pretax Margin 43.82%
Profit Margin 35.94%
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 3.02%.

Dividend Per Share $0.64
Dividend Yield 3.02%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 30.90%
FCF Payout Ratio 34.93%
Buyback Yield -14.73%
Shareholder Yield -11.71%
Earnings Yield 9.75%
FCF Yield 8.64%
Dividend Details

Analyst Forecast

The average price target for Horizon Bancorp is $23.80, which is 12.05% higher than the current price. The consensus rating is "Strong Buy".

Price Target $23.80
Price Target Difference 12.05%
Analyst Consensus Strong Buy
Analyst Count 5
Revenue Growth Forecast (3Y) 6.23%
EPS Growth Forecast (3Y) -9.06%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside
Graham Formula Value
Graham Formula Upside

Stock Splits

The last stock split was on June 18, 2018. It was a forward split with a ratio of 1.5:1.

Last Split Date Jun 18, 2018
Split Type Forward
Split Ratio 1.5:1

Scores

Altman Z-Score n/a
Piotroski F-Score 3