Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Horizon Bancorp ( (HBNC) ) has shared an update.
On May 7, 2026, Horizon Bancorp, Inc. held its Annual Meeting of Shareholders, at which 87.12% of the 51,225,946 eligible common shares were represented in person or by proxy, constituting a quorum and underscoring strong shareholder engagement. Shareholders elected four directors, Larry S. Magnesen, Michele M. Magnuson, Steven W. Reed, and Vanessa P. Williams, each to serve three-year terms ending with the 2029 annual meeting.
Investors also endorsed the company’s executive compensation program in an advisory vote, signaling continued support for current leadership and pay practices, which can influence talent retention and governance perceptions. In addition, shareholders ratified FORVIS MAZARS, LLP as Horizon Bancorp’s independent registered public accounting firm for 2026, reinforcing continuity in the company’s audit oversight and financial reporting processes.
The most recent analyst rating on (HBNC) stock is a Hold with a $21.00 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 Neutral.
HBNC scores as moderately attractive, driven primarily by a positive earnings-call outlook (reaffirmed guidance, strong profitability/capital, and deposit momentum) and supportive technical trend. Offsetting these strengths, the financial statements show a recent swing to losses and volatile revenue/margins, while valuation is helped by the dividend but constrained by negative earnings (negative P/E).
To see Spark’s full report on HBNC stock, click here.
More about Horizon Bancorp
Horizon Bancorp, Inc. operates in the financial services industry as a bank holding company, providing commercial and consumer banking products, loans, deposit services, and related financial solutions to individuals, businesses, and institutions in its regional markets. Its performance and governance practices are closely watched by shareholders given the regulatory environment and competitive dynamics of the banking sector.
Average Trading Volume: 350,977
Technical Sentiment Signal: Buy
Current Market Cap: $950.8M
For detailed information about HBNC stock, go to TipRanks’ Stock Analysis page.