HBNC - NASDAQ
Horizon Bancorp, Inc.
$18.17
-2.5%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.
At a Glance
Live SnapshotHorizon Bancorp, Inc. Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
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DCF Valuation Summary
Calculation flow from present value to intrinsic value per share
Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $91.3M | $182.6M | $365.3M | $730.5M | $1.5B | $2.9B | $5.8B | $11.7B | $23.4B | $46.8B |
| Maintenance CapEx | -$1.6M | -$3.2M | -$6.4M | -$12.8M | -$25.7M | -$51.4M | -$102.7M | -$205.5M | -$410.9M | -$821.9M |
| Owner Earnings | $89.7M | $179.4M | $358.8M | $717.7M | $1.4B | $2.9B | $5.7B | $11.5B | $23.0B | $45.9B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $83.1M | $153.8M | $284.9M | $527.5M | $976.9M | $1.8B | $3.4B | $6.2B | $11.5B | $21.3B |
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