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Horizon Bancorp [In] (HBNC)
NASDAQ:HBNC
HBNC Stock Chart & Stats
$18.01
-$0.07(-0.45%)
At close: 4:00 PM EST
$18.01
-$0.07(-0.45%)
Day’s Range― - ―
52-Week Range$12.70 - $19.07
Previous CloseN/A
Volume30.33K
Average Volume (3M)348.71K
Market Cap
$922.43M
Enterprise Value$1.26B
Total Cash (Recent Filing)$70.70M
Total Debt (Recent Filing)$404.49M
Price to Earnings (P/E)―
Beta0.95
Next Earnings
Apr 29, 2026EPS Estimate
0.48Next Dividend Ex-DateN/A
Dividend Yield3.5%
Share Statistics
EPS (TTM)0.54
Shares Outstanding51,217,434
10 Day Avg. Volume570,181
30 Day Avg. Volume348,712
Financial Highlights & Ratios
PEG Ratio0.75
Price to Book (P/B)0.92
Price to Sales (P/S)1.98
P/FCF Ratio548.32
Enterprise Value/Market Cap1.37
Enterprise Value/Revenue12.21
Enterprise Value/Gross Profit-41.46
Enterprise Value/Ebitda-6.72
Forecast
1Y Price Target
$21.00Price Target Upside16.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Sustained NIM ExpansionNine consecutive quarters of NIM expansion and a raised 2026 NIM guide (4.25%–4.35%) reflect durable balance-sheet repositioning: higher-yielding new loan production, lowered deposit betas (~40%), and planned securities cash flows. These structural mix changes support longer‑term net interest income resilience.
Commercial Loan Growth EngineDisciplined commercial lending drove sequential growth and higher-yielding production, building a more on-balance-sheet earning asset base. A relationship-focused branch network and commercial origination momentum provide sustainable core revenue and credit diversification over the medium term.
Capital Generation From Improved ProfitabilityA strong profitability rebound produced tangible capital accretion and improved regulatory ratios, enabling organic capital generation. Durable, peer‑leading quarterly returns increase flexibility for dividend support, reserve building, and funding growth without immediate capital raises.
Bears Say
TTM Negative Profitability And Weak Cash FlowThe TTM period exhibits negative margins, declining revenue, and negative operating and free cash flow, undermining internal funding capacity. Persistent profitability and cash‑flow weakness raise the risk of capital strain, reduced reinvestment, and less resilience to economic stress over the coming months.
Rising Nonperforming LoansNPLs increased materially quarter‑over‑quarter and management notes ongoing migrations through risk buckets. A sustained rise in problem loans would necessitate higher allowances, pressure earnings and capital generation, and could constrain lending capacity if trends continue over multiple quarters.
Planned Deposit Runoff And Funding DynamicsIntentional runoff of higher‑cost transactional deposits reduces funding costs long term but creates near‑term liquidity and repricing risk. Shrinking core deposit balances may force reliance on alternative funding or slower loan growth, pressuring margins and operational flexibility over the medium term.
Horizon Bancorp News
HBNC FAQ
What was Horizon Bancorp [In]’s price range in the past 12 months?
Horizon Bancorp [In] lowest stock price was $12.70 and its highest was $19.07 in the past 12 months.
What is Horizon Bancorp [In]’s market cap?
Horizon Bancorp [In]’s market cap is $922.43M.
When is Horizon Bancorp [In]’s upcoming earnings report date?
Horizon Bancorp [In]’s upcoming earnings report date is Apr 29, 2026 which is in 71 days.
How were Horizon Bancorp [In]’s earnings last quarter?
Horizon Bancorp [In] released its earnings results on Jan 21, 2026. The company reported $0.535 earnings per share for the quarter, beating the consensus estimate of $0.502 by $0.033.
Is Horizon Bancorp [In] overvalued?
According to Wall Street analysts Horizon Bancorp [In]’s price is currently Undervalued.
Does Horizon Bancorp [In] pay dividends?
Horizon Bancorp [In] pays a Quarterly dividend of $0.16 which represents an annual dividend yield of 3.5%. See more information on Horizon Bancorp [In] dividends here
What is Horizon Bancorp [In]’s EPS estimate?
Horizon Bancorp [In]’s EPS estimate is 0.48.
How many shares outstanding does Horizon Bancorp [In] have?
Horizon Bancorp [In] has 51,217,434 shares outstanding.
What happened to Horizon Bancorp [In]’s price movement after its last earnings report?
Horizon Bancorp [In] reported an EPS of $0.535 in its last earnings report, beating expectations of $0.502. Following the earnings report the stock price went up 2.138%.
Which hedge fund is a major shareholder of Horizon Bancorp [In]?
Currently, no hedge funds are holding shares in HBNC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Horizon Bancorp Stock Smart Score
Neutral
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$21.00 (16.60% Upside)
$21.00 (16.60% Upside)
Blogger Sentiment
Bullish
HBNC Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 345.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $65.6K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.74%
12-Months-Change
Fundamentals
Return on Equity
-26.60%
Trailing 12-Months
Asset Growth
-15.33%
Trailing 12-Months
Company Description
Horizon Bancorp [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 various 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; and sells various insurance products. It operates through a network of 78 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.
HBNC Company Deck
HBNC Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights strong profitability and margin momentum driven by successful balance sheet repositioning, solid commercial loan growth, improving capital metrics, and growing fee income. Credit performance remains generally healthy with low annualized charge-off rates, although there is a modest uptick in non-performing loans and an increased allowance driven by economic assumptions. Management provided constructive 2026 guidance and emphasized a disciplined, relationship-focused strategy. Overall, the positives (meaningful NIM expansion, strong returns, loan growth, fee income gains, and capital accretion) materially outweigh the modest credit and deposit headwinds.View all HBNC earnings summariesHBNC Stock 12 Month Forecast
Average Price Target
$21.00
▲(16.60% Upside)
Technical Analysis
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Ownership Overview
2.05% Insiders
16.72% Mutual Funds
0.51% Other Institutional Investors
67.35% Public Companies and
Individual Investors