Horizon Bancorp Announces Public Stock Offering

Horizon Bancorp ( (HBNC) ) has issued an announcement.

On August 20, 2025, Horizon Bancorp, Inc. announced the launch of an underwritten public offering of its common stock, with the option for underwriters to purchase an additional 15% of the shares. The proceeds from this offering are intended for general corporate purposes, including potential balance sheet repositioning, which could impact the company’s financial strategy and market positioning.

The most recent analyst rating on (HBNC) stock is a Buy with a $17.50 price target. To see the full list of analyst forecasts on Horizon Bancorp stock, see the HBNC Stock Forecast page.

Spark’s Take on HBNC Stock

According to Spark, TipRanks’ AI Analyst, HBNC is a Outperform.

Horizon Bancorp’s overall stock score is driven by its solid financial performance and positive earnings call insights, which highlight strong loan growth and net interest margin expansion. The technical analysis presents a mixed picture, with some indicators suggesting potential short-term weakness. The valuation is reasonable, with an attractive dividend yield. Recent corporate events further bolster the company’s outlook, contributing positively to the score.

To see Spark’s full report on HBNC stock, click here.

More about Horizon Bancorp

Horizon Bancorp, Inc. is a $7.7 billion-asset commercial bank holding company for Horizon Bank, headquartered in Michigan City, Indiana. It serves customers across the Midwestern markets through digital tools and branches in Indiana and Michigan. The company offers retail banking, wealth management solutions, business banking, treasury management services, and equipment financing, with commercial lending comprising over half of its total loans.

Average Trading Volume: 178,669

Technical Sentiment Signal: Strong Buy

Current Market Cap: $706.4M

For a thorough assessment of HBNC stock, go to TipRanks’ Stock Analysis page.