Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 187.50M | 319.32M | 284.05M | 252.31M | 219.93M |
Gross Profit | 182.11M | 180.30M | 241.56M | 228.26M | 219.93M |
EBITDA | 39.65M | 50.97M | 118.68M | 116.32M | 90.70M |
Net Income | 35.43M | 27.98M | 93.41M | 87.09M | 68.50M |
Balance Sheet | |||||
Total Assets | 7.80B | 7.94B | 7.87B | 7.36B | 5.89B |
Cash, Cash Equivalents and Short-Term Investments | 325.98M | 526.51M | 1.12B | 1.76B | 1.39B |
Total Debt | 1.26B | 899.82M | 1.26B | 771.82M | 590.15M |
Total Liabilities | 7.04B | 7.22B | 7.20B | 6.63B | 5.19B |
Stockholders Equity | 763.58M | 718.81M | 677.38M | 723.21M | 692.22M |
Cash Flow | |||||
Free Cash Flow | 1.28M | 81.16M | 87.95M | 103.91M | 72.90M |
Operating Cash Flow | 6.37M | 88.94M | 94.38M | 105.35M | 78.77M |
Investing Cash Flow | -52.78M | 329.52M | -1.02B | -363.08M | -492.32M |
Financing Cash Flow | -190.82M | -15.44M | 455.55M | 582.30M | 564.44M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
75 Outperform | $716.86M | 11.17 | 11.13% | 2.56% | 7.98% | 10.16% | |
75 Outperform | $685.62M | 12.39 | 9.96% | 1.23% | 5.23% | -8.00% | |
73 Outperform | $722.75M | 15.92 | 6.06% | 3.90% | 9.55% | 90.70% | |
71 Outperform | $705.05M | 12.28 | 11.83% | 2.32% | 8.13% | 11.18% | |
71 Outperform | $716.94M | 11.01 | 15.04% | 3.00% | 5.59% | 7.03% | |
67 Neutral | $17.01B | 11.90 | 9.70% | 3.76% | 11.63% | -9.47% | |
54 Neutral | $632.76M | ― | -3.60% | 3.17% | 1.68% | -159.14% |
On June 17, 2025, Horizon Bancorp, Inc.’s Board of Directors declared a dividend of $0.16 per share, which will be distributed to shareholders on July 18, 2025, with a record date of July 3, 2025. This decision reflects the company’s ongoing commitment to returning value to its shareholders and may influence investor sentiment positively.
The most recent analyst rating on (HBNC) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on Horizon Bancorp stock, see the HBNC Stock Forecast page.
Horizon Bancorp, Inc. reported its financial results for the first quarter of 2025, highlighting a net income of $23.9 million, a significant improvement from a net loss in the previous quarter. The company achieved a sixth consecutive quarter of net interest margin expansion, strong loan growth, and maintained stable core deposits. The sale of its mortgage warehouse business contributed a pre-tax gain of $7.0 million, and the company reduced expenses by $5.6 million, reflecting a more efficient expense base.
On April 15, 2025, Horizon Bancorp‘s Compensation Committee approved amendments to the award agreements under its 2021 Omnibus Equity Incentive Plan. These changes include new performance-based and time-based vesting criteria for restricted stock grants. The amendments impact grants made after April 15, 2025, and certain executive officer grants from March 18, 2025. The performance-based vesting now spans a three-year period with goals tied to Core Return on Average Assets and Total Shareholder Return, each weighted equally. Time-based vesting shares will now vest equally over three years. These changes aim to align executive incentives with company performance and market benchmarks, potentially affecting shareholder value and executive retention.