HBNC Stock Price, Horizon Bancorp Inc-IN Quote, Chart

Market Summary

USD12.74+0.01

Delayed

0.08%

HBNC Stock Price

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HBNC RSI Chart

HBNC Valuation

Market Cap

562.0M

Price/Earnings (Trailing)

23.67

Price/Sales (Trailing)

1.73

EV/EBITDA

1.33

Price/Free Cashflow

9.1

HBNC Price/Sales (Trailing)

HBNC Profitability

EBT Margin

10.50%

Return on Equity

3.29%

Return on Assets

0.3%

Free Cashflow Yield

10.99%

HBNC Fundamentals

HBNC Revenue

Revenue (TTM)

325.8M

Rev. Growth (Yr)

18.76%

Rev. Growth (Qtr)

2.1%

HBNC Earnings

Earnings (TTM)

23.7M

Earnings Growth (Yr)

-23.24%

Earnings Growth (Qtr)

155.49%

Breaking Down HBNC Revenue

Last 7 days

0.7%

Last 30 days

12.8%

Last 90 days

0.2%

Trailing 12 Months

45.1%

How does HBNC drawdown profile look like?

HBNC Financial Health

HBNC Investor Care

Dividend Yield

5.02%

Dividend/Share (TTM)

0.64

Buy Backs (1Y)

0.00%

Diluted EPS (TTM)

0.55

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	325.8M	0	0	0
2023	257.1M	277.3M	296.0M	312.3M
2022	203.1M	212.3M	223.0M	236.0M
2021	201.3M	198.4M	199.1M	200.0M
2020	214.6M	211.1M	205.5M	205.4M
2019	172.1M	185.2M	198.7M	208.3M
2018	139.1M	149.0M	159.2M	166.2M
2017	111.8M	118.0M	121.1M	128.5M
2016	92.0M	95.5M	100.9M	106.5M
2015	79.8M	80.8M	84.6M	88.6M
2014	71.9M	72.1M	73.9M	76.2M
2013	75.1M	78.6M	77.9M	74.9M
2012	66.0M	66.8M	69.5M	72.5M
2011	67.8M	66.7M	64.8M	64.6M
2010	0	71.3M	69.9M	68.5M
2009	0	0	0	72.7M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Horizon Bancorp Inc-IN

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	dworkin james b	acquired	39,818	11.99	3,321	-
May 01, 2024	blackhurst eric p.	acquired	39,818	11.99	3,321	-
May 01, 2024	maass brian w	acquired	39,818	11.99	3,321	-
May 01, 2024	williams vanessa peterson	acquired	39,818	11.99	3,321	-
May 01, 2024	freigang julie scheck	acquired	39,818	11.99	3,321	-
May 01, 2024	dwight craig m	acquired	39,818	11.99	3,321	chief executive officer
May 01, 2024	magnuson michele m.	acquired	39,818	11.99	3,321	-
Mar 21, 2024	dwight craig m	sold (taxes)	-135,930	12.66	-10,737	chief executive officer
Mar 19, 2024	etzler todd a.	acquired	-	-	3,654	executive vice president & gc
Mar 19, 2024	kerber lynn	sold (taxes)	-	-	-1,681	evp & scco

Which funds bought or sold HBNC recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-35.39	-189,667	261,155	-%
May 16, 2024	COMERICA BANK	sold off	-100	-1,388	-	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.08	-98,806	564,520	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-15.2	-495,715	1,572,280	-%
May 15, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	sold off	-100	-23,368	-	-%
May 15, 2024	Atom Investors LP	new	-	147,083	147,083	0.02%
May 15, 2024	QUADRANT CAPITAL GROUP LLC	added	26.98	12,434	102,230	0.01%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-65.7	-444,700	197,518	-%
May 15, 2024	KENNEDY CAPITAL MANAGEMENT LLC	reduced	-1.71	-316,855	2,350,820	0.05%
May 15, 2024	HSBC HOLDINGS PLC	added	4.25	-29,069	379,229	-%

Are Funds Buying or Selling HBNC?

Are funds buying HBNC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HBNC

No. of Funds

Unveiling Horizon Bancorp Inc-IN's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.08%	2,239,674	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	4.4%	1,955,694	SC 13G/A
Jan 23, 2024	blackrock inc.	14.0%	6,182,984	SC 13G/A
Apr 06, 2023	blackrock inc.	11.0%	4,805,632	SC 13G/A
Apr 03, 2023	william nathan salin family irrevocable trust #1	0%	0	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	5.7%	2,486,153	SC 13G
Feb 09, 2023	vanguard group inc	5.27%	2,315,373	SC 13G/A
Jan 24, 2023	blackrock inc.	9.5%	4,169,864	SC 13G
Feb 10, 2022	vanguard group inc	5.01%	2,179,293	SC 13G
Feb 01, 2022	blackrock inc.	7.2%	3,148,490	SC 13G/A

Recent SEC filings of Horizon Bancorp Inc-IN

View All Filings

Date Filed	Form Type	Document
May 13, 2024	8-K	Current Report
May 10, 2024	10-Q	Quarterly Report
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading

Peers (Alternatives to Horizon Bancorp Inc-IN)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Horizon Bancorp Inc-IN News

Latest updates

Horizon Bancorp Inc-IN Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	2.1%	85.00	84.00	80.00	77.00	72.00	67.00	61.00	57.00	51.00	54.00	51.00	47.00	48.00	53.00	50.00	50.00	52.00	53.00	56.00	54.00	45.00
EBITDA Margin	-7.0%	0.67*	0.72*	0.93*	1.06*	1.19*	1.34*	1.43*	1.48*	1.49*	1.47*	1.43*	1.41*	-	-	-	-	-	-	-	-	-
Interest Expenses	2.4%	43.00	42.00	42.00	46.00	45.00	49.00	52.00	52.00	47.00	50.00	47.00	43.00	43.00	44.00	43.00	43.00	41.00	42.00	43.00	42.00	34.00
Income Taxes	-79.5%	1.00	6.00	1.00	1.00	2.00	3.00	2.00	4.00	4.00	4.00	4.00	4.00	3.00	2.00	4.00	2.00	2.00	4.00	4.00	3.00	2.00
Earnings Before Taxes	181.4%	15.00	-18.80	17.00	20.00	20.00	24.00	26.00	29.00	27.00	26.00	27.00	26.00	24.00	24.00	25.00	17.00	13.00	22.00	25.00	20.00	13.00
EBT Margin	-15.9%	0.11*	0.12*	0.28*	0.32*	0.38*	0.45*	0.48*	0.51*	0.52*	0.51*	0.51*	0.50*	-	-	-	-	-	-	-	-	-
Net Income	155.5%	14.00	-25.21	16.00	19.00	18.00	21.00	24.00	25.00	24.00	21.00	23.00	22.00	20.00	22.00	20.00	15.00	12.00	19.00	21.00	17.00	11.00
Net Income Margin	-18.6%	0.07*	0.09*	0.25*	0.30*	0.34*	0.40*	0.42*	0.44*	0.44*	0.44*	0.44*	0.43*	-	-	-	-	-	-	-	-	-
Free Cashflow	-60.7%	5.00	14.00	29.00	14.00	25.00	10.00	26.00	25.00	27.00	16.00	27.00	26.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2
Assets	-1.1%	7,856	7,940	7,959	7,963	7,898	7,873	7,719	7,641	7,420	7,412	7,534	6,109	6,056	5,000	5,887	5,790	5,739	5,351	5,247	5,187	5,099
Cash Equivalents	-48.5%	271	527	175	229	135	124	110	109	121	594	972	304	529	-	250	99.00	170	86.00	99.00	91.00	95.00
Net PPE	-0.3%	94.00	95.00	95.00	95.00	92.00	93.00	92.00	94.00	93.00	93.00	94.00	89.00	92.00	-	92.00	92.00	92.00	93.00	92.00	93.00	91.00
Goodwill	0.0%	155	155	155	155	155	155	155	155	155	155	4.00	151	151	-	151	151	151	151	151	151	151
Liabilities	-1.2%	7,134	7,222	7,266	7,254	7,195	7,195	7,074	6,983	6,743	6,689	6,826	5,399	5,366	-	5,194	5,120	5,087	4,720	4,591	4,544	4,472
Shareholder's Equity	0.3%	721	719	693	709	703	677	645	658	677	723	709	710	689	-	692	670	652	631	656	643	626
Retained Earnings	1.6%	436	429	461	452	441	429	415	399	381	364	349	333	316	-	301	285	270	261	270	257	242
Additional Paid-In Capital	0.1%	357	356	355	355	354	354	353	352	352	352	352	359	363	-	363	362	361	361	380	379	381
Shares Outstanding	0.0%	44.00	44.00	44.00	44.00	44.00	44.00	44.00	44.00	44.00	44.00	44.00	44.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	441	-	-	-	733	-	-	-	684	-	-	-	-	418	-	-	-	633

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-56.3%	6,544	14,980	29,842	18,803	25,311	11,421	27,510	27,256	28,193	17,531	28,041	27,407	33,371	16,027	22,003	12,651	28,177	9,827	30,213	22,766	111,566
Share Based Compensation	-3.4%	907	939	944	945	758	692	627	627	529	531	462	464	362	1,233	28.00	27.00	50.00	50.00	50.00	58.00	57.00
Cashflow From Investing	-145.5%	-175,225	385,266	-71,357	35,099	-19,490	-112,310	-93,685	-256,941	-556,996	-203,917	71,385	-264,904	52,583	71,370	-121,302	-286,477	-142,049	-45,262	-93,722	-31,647	76,486
Cashflow From Financing	-77.5%	-86,746	-48,868	-12,334	40,362	5,396	114,735	66,986	217,579	56,249	-191,923	568,220	12,332	193,671	63,188	28,290	357,503	101,499	42,987	60,102	17,436	-160,413
Dividend Payments	0.4%	7,086	7,055	7,089	7,110	7,057	7,057	7,061	7,042	6,605	6,626	6,637	5,744	5,761	5,309	5,326	5,291	5,257	5,422	5,439	5,450	4,524
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	7,607	-	-	-	-	-	19,636	-	1,595	-	-

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HBNC Income Statement

2024-03-31

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest Income
Loans receivable	$ 66,954	$ 55,364
Investment securities – taxable	7,362	8,725
Investment securities – tax exempt	6,451	7,556
Other	4,497	153
Total interest income	85,264	71,798
Interest Expense
Deposits	27,990	14,819
Borrowed funds	11,930	9,771
Subordinated notes	831	880
Junior subordinated debentures issued to capital trusts	1,225	1,091
Total interest expense	41,976	26,561
Net Interest Income	43,288	45,237
Credit loss expense	805	242
Net Interest Income after Credit Loss Expense	42,483	44,995
Non–interest Income
Service charges on deposit accounts	3,214	3,028
Wire transfer fees	101	109
Interchange fees	3,109	2,867
Fiduciary activities	1,315	1,275
Gain (loss) on sale of investment securities	0	(500)
Gain on sale of mortgage loans	626	785
Mortgage servicing income, net	439	713
Increase in cash value of bank owned life insurance	298	981
Other income	827	362
Total non–interest income	9,929	9,620
Non–interest Expense
Salaries and employee benefits	20,268	18,712
Net occupancy expenses	3,546	3,563
Data processing	2,464	2,669
Professional fees	607	533
Outside services and consultants	3,359	2,717
Loan expense	719	1,118
FDIC insurance expense	1,320	540
Core deposit intangible amortization	872	903
Other losses	16	221
Other expense	3,936	3,548
Total non–interest expense	37,107	34,524
Income Before Income Taxes	15,305	20,091
Income tax expense	1,314	1,863
Net Income	$ 13,991	$ 18,228
Basic earnings per share (in USD per share)	$ 0.32	$ 0.42
Diluted earnings per share (in USD per share)	$ 0.32	$ 0.42

HBNC Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 271,088	$ 526,515
Interest earning time deposits	1,715	2,205
Investment securities, available for sale	535,319	547,251
Investment securities, held to maturity (fair value of $1,627,853 and $1,668,758)	1,925,725	1,945,638
Loans held for sale	922	1,418
Loans, net of allowance for credit losses of $50,387 and $50,029	4,567,788	4,367,601
Premises and equipment, net	94,303	94,583
Federal Home Loan Bank stock	53,826	34,509
Goodwill	155,211	155,211
Other intangible assets	12,754	13,626
Interest receivable	40,008	38,710
Cash value of life insurance	36,455	36,157
Other assets	160,593	177,061
Total assets	7,855,707	7,940,485
Deposits
Non–interest bearing	1,093,076	1,116,005
Interest bearing	4,486,794	4,548,888
Total deposits	5,579,870	5,664,893
Borrowings	1,359,121	1,353,050
Subordinated notes	55,634	55,543
Junior subordinated debentures issued to capital trusts	57,315	57,258
Interest payable	7,853	22,249
Other liabilities	74,664	68,680
Total liabilities	7,134,457	7,221,673
Commitments and contingent liabilities
Stockholders’ Equity
Preferred stock, Authorized, 1,000,000 shares, Issued 0 shares	0	0
Common stock, no par value, Authorized 99,000,000 shares Issued and Outstanding 44,116,739 and 43,937,889 shares	0	0
Additional paid-in capital	356,599	356,400
Retained earnings	435,927	429,021
Accumulated other comprehensive loss	(71,276)	(66,609)
Total stockholders’ equity	721,250	718,812
Total liabilities and stockholders’ equity	$ 7,855,707	$ 7,940,485

About Horizon Bancorp Inc-IN

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 saving, money market, and time deposits, as well as non-interest and interest bearing demand 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; debit cards; treasury management; online and mobile banking; wealth, retirement, and estate and trust services; individual retirement accounts; and sells various insurance products. It operates through full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.

CEO	Mr. Thomas M. Prame
WEBSITE	horizonbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	852

Horizon Bancorp Inc-IN Frequently Asked Questions

What is the ticker symbol for Horizon Bancorp Inc-IN? What does HBNC stand for in stocks?

HBNC is the stock ticker symbol of Horizon Bancorp Inc-IN. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Horizon Bancorp Inc-IN (HBNC)?

As of Fri May 17 2024, market cap of Horizon Bancorp Inc-IN is 562.04 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HBNC stock?

You can check HBNC's fair value in chart for subscribers.

What is the fair value of HBNC stock?

You can check HBNC's fair value in chart for subscribers. The fair value of Horizon Bancorp Inc-IN is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Horizon Bancorp Inc-IN is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HBNC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Horizon Bancorp Inc-IN a good stock to buy?

The fair value guage provides a quick view whether HBNC is over valued or under valued. Whether Horizon Bancorp Inc-IN is cheap or expensive depends on the assumptions which impact Horizon Bancorp Inc-IN's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HBNC.

What is Horizon Bancorp Inc-IN's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, HBNC's PE ratio (Price to Earnings) is 23.67 and Price to Sales (PS) ratio is 1.73. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HBNC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Horizon Bancorp Inc-IN's stock?

In the past 10 years, Horizon Bancorp Inc-IN has provided 0.066 (multiply by 100 for percentage) rate of return.