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
$940.87M
Enterprise Value$1.26B
Total Cash (Recent Filing)$68.35M
Total Debt (Recent Filing)$381.83M
Price to Earnings (P/E)8.1
Beta0.98
Next Earnings
Jul 29, 2026EPS Estimate
0.51Next Dividend Ex-DateN/A
Dividend Yield3.5%
Share Statistics
EPS (TTM)-3.18
Shares Outstanding51,329,765
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 Ratio11.64
Enterprise Value/Market Cap1.34
Enterprise Value/Revenue13.10
Enterprise Value/Gross Profit-52.46
Enterprise Value/Ebitda-6.76
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
Exceptional Deposit GatheringLarge, low‑cost deposit inflows materially strengthen funding stability and liquidity. Over 2–6 months this supports loan growth without costly wholesale funding, cushions margin pressure, and gives management runway to deploy assets or reduce expensive liabilities while preserving pricing discipline.
Capital Accretion And Improved CET1Measured capital improvement increases loss-absorption capacity and strategic optionality. Sustained CET1 gains allow continued dividend payments, moderate buybacks or measured loan growth while maintaining regulatory buffers and support long-term franchise resilience amid cyclical stress.
Positive Operating And Free Cash FlowRobust cash generation despite reported earnings volatility indicates core banking cash fundamentals are intact. Positive FCF funds capital needs, dividends, and loan origination without reliance on external financing, improving financial flexibility across economic cycles.
Bears Say
Recent Net Losses And Weak MarginsA sustained swing to net losses and compressed margins undermines return generation and erodes retained earnings, constraining internal capital formation. If earnings do not re-stabilize, the bank may face tougher choices on growth, dividends, or capital actions over the next several quarters.
Contracting Assets And Negative ROEShrinking assets and negative ROE suggest the franchise is scaling back activity or losing revenue-generating capacity. Reduced balance‑sheet scale can raise fixed-cost leverage, hurt net interest income potential, and make it harder to restore durable profitability without re-expansion.
Modest Rise In Nonperforming LoansA rising NPL trend, even from low levels, increases provisioning needs and can pressure net income and capital if it continues. Persistent credit deterioration would raise cost of risk and limit the bank’s ability to expand lending or maintain shareholder distributions 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 $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 $940.87M.
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 68 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 51,329,765 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
Neutral
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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
16.48% Mutual Funds
26.80% Other Institutional Investors
42.23% Public Companies and
Individual Investors