Horizon Bancorp Completes $100M Subordinated Notes Placement

Horizon Bancorp ( (HBNC) ) just unveiled an announcement.

On August 29, 2025, Horizon Bancorp, Inc. announced the completion of a $100 million private placement of 7.00% Fixed-to-Floating Rate Subordinated Notes due 2035. The proceeds are intended for general corporate purposes, including balance sheet repositioning and redeeming $56.5 million of existing notes. This move is expected to enhance Horizon’s financial flexibility and regulatory capital structure, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (HBNC) stock is a Buy with a $19.00 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 strong financial performance and positive earnings call are the most significant factors driving the score. The stock’s valuation is reasonable, and technical indicators suggest a stable outlook. Corporate events support the positive sentiment but are already accounted for in the earnings analysis.

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, serving customers in the Midwest with a variety of retail and business banking services, including consumer lending, wealth management, and commercial lending, which constitutes over half of its total loans. Headquartered in Michigan City, Indiana, Horizon operates through digital tools and branches in Indiana and Michigan.

Average Trading Volume: 282,842

Technical Sentiment Signal: Strong Buy

Current Market Cap: $864.9M

See more data about HBNC stock on TipRanks’ Stock Analysis page.