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Horizon Bancorp, Inc. (HBNC)

21.21 +0.51 (+2.46%)
At close: November 2 at 4:00:01 PM EST
21.21 0.00 (0.00%)
After hours: November 2 at 4:00:13 PM EST
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  • Previous Close 20.70
  • Open 20.88
  • Bid 15.25 x 200
  • Ask 26.76 x 200
  • Day's Range 20.81 - 21.29
  • 52 Week Range 15.43 - 21.29
  • Volume 545,986
  • Avg. Volume 561,321
  • Market Cap (intraday) 1.089B
  • Beta (5Y Monthly) 0.82
  • PE Ratio (TTM) 9.38
  • EPS (TTM) 2.26
  • Earnings Date (est.) Jan 20, 2027
  • Forward Dividend & Yield 0.64 (3.09%)
  • 1y Target Est 23.80
  • Zacks Rating Bullish

Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides commercial and retail banking services to individuals and corporate clients in Indiana and Michigan in the United States. The company offers checking, savings, money market, certificates of deposit, and time deposit accounts, as well as non-interest and interest-bearing demand deposits. It also provides commercial loans, residential real estate loans, mortgage warehouse loans, and consumer loans; home equity loans and lines; auto loans; personal loans and lines; business loans and lines; SBA loans; public fund, medical practice, and franchise financing; and equipment finance solutions. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; debit and credit cards; treasury management; and remote deposit, merchant processing, online payment portal, lockbox, smart safe, ACH origination, online bill pay, wire transfer, and positive and reverse positive pay services, as well as sells various life insurance products. Further, it provides online and mobile banking; health savings accounts; wealth management, financial planning, investment management, and insurance services; retirement services, including individual retirement accounts (IRAs), business IRAs, and employee benefit plans; and estate planning and settlement services. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.

www.horizonbank.com

465

Full Time Employees

December 31

Fiscal Year Ends

Banks - Regional

Industry

Recent News

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Performance Overview

Trailing total returns as of 11/2/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

HBNC
29.56%
S&P 500 (^GSPC)
10.17%

1-Year Return

HBNC
40.85%
S&P 500 (^GSPC)
10.25%

3-Year Return

HBNC
138.37%
S&P 500 (^GSPC)
74.66%

5-Year Return

HBNC
36.36%
S&P 500 (^GSPC)
62.86%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 78.15M
Earnings 28.67M
Profit Margin 36.68%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
20M
40M
60M
33.0%
34.0%
35.0%
36.0%

Analyst Insights

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Analyst Price Targets

23.00
23.80 Average
21.21 Current
25.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/26/2026
Analyst Stephens & Co.
Rating Action Maintains
Rating Overweight
Price Action Raises
Price Target 23 -> 24

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    35.94%

  • Return on Assets (ttm)

    1.60%

  • Return on Equity (ttm)

    15.69%

  • Revenue (ttm)

    296.78M

  • Net Income Avi to Common (ttm)

    106.66M

  • Diluted EPS (ttm)

    2.26

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    214.28M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

Company Insights

Research Reports

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