Horizon Bancorp [In] (HBNC)
NASDAQ:HBNC
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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$14.34 - $19.07
Previous CloseN/A
Volume30.33K
Average Volume (3M)348.71K
Market Cap
$917.46M
Enterprise Value$1.23B
Total Cash (Recent Filing)$68.35M
Total Debt (Recent Filing)$381.83M
Price to Earnings (P/E)8.1
Beta0.99
Next Earnings
Jul 29, 2026EPS Estimate
0.51Next Dividend Ex-DateN/A
Dividend Yield3.5%
Share Statistics
EPS (TTM)0.51
Shares Outstanding51,225,945
10 Day Avg. Volume570,181
30 Day Avg. Volume348,712
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)1.26
Price to Sales (P/S)8.38
P/FCF Ratio20.76
Enterprise Value/Market Cap1.34
Enterprise Value/Revenue12.81
Enterprise Value/Gross Profit-51.29
Enterprise Value/Ebitda-6.61
Forecast
1Y Price Target
$20.67Price Target Upside14.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)2.09
Revenue Forecast (FY)$308.49M
Bulls Say, Bears Say
Bulls Say
Capital Accretion And Regulatory Capital StrengthA rising CET1 ratio and stronger total risk-based capital provide durable loss-absorbing capacity and regulatory flexibility. This supports disciplined loan growth, dividend continuity and potential buybacks, and reduces the need for emergency capital raises across credit cycles.
Exceptional Deposit Gathering And Stable Funding MixRobust core deposit inflows, especially noninterest-bearing balances, strengthen liquidity and lower funding cost sensitivity. A stable, locally sourced deposit base supports steady loan funding, helps preserve NIM over time, and reduces reliance on volatile wholesale funding.
Positive Operating And Free Cash FlowConsistent positive operating/free cash flow indicates the franchise generates real cash even when accounting earnings are volatile. Cash conversion supports capital accretion, dividend payments, and reinvestment, giving strategic optionality during adverse earnings periods.
Bears Say
Earnings And Margin Volatility With Recent LossesA sharp swing to losses and highly variable revenue/margins undermines predictable internal capital generation and investor confidence. Persistent earnings volatility increases sensitivity to credit stress and interest-rate moves, complicating long-term planning and reinvestment.
Negative ROE And Balance-sheet ContractionNegative ROE means the bank's capital base has not produced sufficient returns, while asset contraction reduces scale and fee-generating opportunities. Together these trends can pressure economies of scale, hamstring efficiency improvements and slow long-term earnings recovery.
Board And Leadership Turnover Risks To GovernanceLoss of long-tenured directors and executive role eliminations can create near-term gaps in governance and expertise (audit, cyber). Sustained turnover risks weaken oversight, slow strategic continuity, and may delay implementation of critical risk-management or technology initiatives.
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 $14.34 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 $917.46M.
When is Horizon Bancorp [In]’s upcoming earnings report date?
Horizon Bancorp [In]’s upcoming earnings report date is Jul 29, 2026 which is in 90 days.
How were Horizon Bancorp [In]’s earnings last quarter?
Horizon Bancorp [In] released its earnings results on Apr 22, 2026. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.03.
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 0.51.
How many shares outstanding does Horizon Bancorp [In] have?
Horizon Bancorp [In] has 51,225,945 shares outstanding.
What happened to Horizon Bancorp [In]’s price movement after its last earnings report?
Horizon Bancorp [In] reported an EPS of $0.51 in its last earnings report, beating expectations of $0.48. Following the earnings report the stock price went up 1.425%.
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
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$20.67 (14.75% Upside)
$20.67 (14.75% Upside)
Blogger Sentiment
Bullish
HBNC Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 362.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $24.0K 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
-20.89%
Trailing 12-Months
Asset Growth
-13.95%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive tone: strong profitability (ROA and ROTCE), improved capital (CET1 +40 bps), exceptional deposit gathering, disciplined loan growth with supportive credit metrics, and reiterated 2026 guidance. The few negatives — tactical mortgage/consumer pullback, a small NIM drag from elevated cash, modestly higher nonperforming loans, and expected near-term expense/deposit-cost pressures — are relatively limited and described as manageable. Overall the company's messaging emphasized durable franchise strength, capital optionality and confidence in executing the 2026 plan.View all HBNC earnings summariesHBNC Stock 12 Month Forecast
Average Price Target
$20.67
▲(14.75% Upside)
Technical Analysis
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Ownership Overview
1.12% Insiders
16.67% Mutual Funds
6.23% Other Institutional Investors
62.92% Public Companies and
Individual Investors