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Horizon Bancorp, Inc. HBNC
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 18.27
-1.08 %
$ 799 M
Market Cap
38.06
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one HBNC stock under the base case scenario is HIDDEN Compared to the current market price of 18.3 USD, Horizon Bancorp, Inc. is HIDDEN

HBNC Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart HBNC

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FINANCIALS
185 M REVENUE
-23.30%
Growth Rates
1Year -23.30%
3Years -5.55%
5Years 2.64%
7Years 6.61%
10Years 8.41%
66.9 M OPERATING INCOME
-52.92%
Growth Rates
1Year -52.92%
3Years -5.13%
5Years -6.80%
7Years 3.32%
10Years 5.17%
28 M NET INCOME
-70.04%
Growth Rates
1Year -70.04%
3Years -25.80%
5Years -12.03%
7Years 2.27%
10Years 3.48%
81.4 M OPERATING CASH FLOW
-13.71%
Growth Rates
1Year -13.71%
3Years 1.12%
5Years 2.37%
7Years 18.01%
10Years 5.66%
337 M INVESTING CASH FLOW
133.04%
Growth Rates
1Year 133.04%
3Years 38.98%
5Years 25.46%
7Years 5.85%
10Years 21.07%
-15.4 M FINANCING CASH FLOW
-3.39%
Growth Rates
1Year -3.39%
3Years -0.90%
5Years -1.31%
7Years 32.00%
10Years 16.68%
90.9 M REVENUE
-6.78%
Growth Rates
1Year -23.30%
3Years -5.55%
5Years 2.64%
7Years 6.61%
10Years 8.41%
18.1 M OPERATING INCOME
0.40%
Growth Rates
1Year -52.92%
3Years -5.13%
5Years -6.80%
7Years 3.32%
10Years 5.17%
48.9 M NET INCOME
246.02%
Growth Rates
1Year -70.04%
3Years -25.80%
5Years -12.03%
7Years 2.27%
10Years 3.48%
0 OPERATING CASH FLOW
0.00%
Growth Rates
1Year -13.71%
3Years 1.12%
5Years 2.37%
7Years 18.01%
10Years 5.66%
0 INVESTING CASH FLOW
100.00%
Growth Rates
1Year 133.04%
3Years 38.98%
5Years 25.46%
7Years 5.85%
10Years 21.07%
0 FINANCING CASH FLOW
0.00%
Growth Rates
1Year -3.39%
3Years -0.90%
5Years -1.31%
7Years 32.00%
10Years 16.68%
Balance Sheet Decomposition Horizon Bancorp, Inc.
image
Current Assets 565 M
Cash & Short-Term Investments 527 M
Receivables 38.7 M
Other Current Assets 0
Non-Current Assets 2.76 B
Long-Term Investments 2.49 B
PP&E 94.6 M
Other Non-Current Assets 169 M
Current Liabilities 0
Accounts Payable 22.2 M
Short-Term Debt 0
Other Current Liabilities -22.2 M
Non-Current Liabilities 7.22 B
Long-Term Debt 900 M
Other Non-Current Liabilities 6.32 B
EFFICIENCY
Earnings Waterfall Horizon Bancorp, Inc.
image
Revenue 185 M
Cost Of Revenue 0
Gross Profit 185 M
Operating Expenses 118 M
Operating Income 66.9 M
Other Expenses 38.9 M
Net Income 28 M
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 100.00%
5Years 100.00%
7Years 100.00%
10Years 100.00%
36.11% OPERATING MARGIN
36.11%
Averages
1Year 36.11%
3Years 46.61%
5Years 43.27%
7Years 45.82%
10Years 45.18%
15.10% NET MARGIN
15.10%
Averages
1Year 15.10%
3Years 30.64%
5Years 31.43%
7Years 30.49%
10Years 27.56%
3.89% ROE
3.89%
Averages
1Year 3.89%
3Years 9.91%
5Years 9.95%
7Years 9.69%
10Years 9.18%
0.35% ROA
0.35%
Averages
1Year 0.35%
3Years 0.91%
5Years 1.03%
7Years 1.03%
10Years 0.96%
2.97% ROIC
2.97%
Averages
1Year 2.97%
3Years 5.98%
5Years 5.96%
7Years 5.90%
10Years 5.75%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Horizon Bancorp, Inc.
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Net Income 28 M
Depreciation & Amortization 10.9 M
Capital Expenditures -7.78 M
Stock-Based Compensation 3.59 M
Change in Working Capital 4.98 M
Others 42.3 M
Free Cash Flow 73.7 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Horizon Bancorp, Inc.
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Wall Street analysts predict an average 1-year price target for HBNC of $17 , with forecasts ranging from a low of $13 to a high of $23 .
HBNC Lowest Price Target Wall Street Target
13 USD -28.85%
HBNC Average Price Target Wall Street Target
17 USD -6.95%
HBNC Highest Price Target Wall Street Target
23 USD 25.89%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.16 USD DIVIDEND PER SHARE
5. COMPETITION

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First Financial Northwest, Inc. operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington.

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0.673 USD
FFNW
Overvalued 96.96%

Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California.

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28.7 USD
BSRR
Overvalued 8.47%

German American Bancorp, Inc. operates as a bank holding company for German American Bank that provides retail and commercial banking services.

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48.6 USD
GABC
Undervalued 6.58%

Great Southern Bancorp, Inc. operates as a bank holding company for Great Southern Bank that offers a range of financial services in the United States.

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47.3 USD
GSBC
Overvalued 25.22%

National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States.

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45 USD
NBHC
Overvalued 7.45%

First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina.

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78.7 USD
FBNC
Undervalued 71.94%
6. Ownership
Insider Ownership Horizon Bancorp, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
May 26, 2023
Bought 8 K USD
AARON SUSAN D
Director
+ 853
 9.38 USD
1 year ago
May 03, 2023
Bought 10.3 K USD
Etzler Todd A.
Executive Vice President & GC
+ 1100
 9.35 USD
2 years ago
Nov 03, 2022
Bought 9.87 K USD
Etzler Todd A.
Executive Vice President & GC
+ 666
 14.82 USD
2 years ago
Nov 02, 2022
Bought 5.5 K USD
Etzler Todd A.
Executive Vice President & GC
+ 369
 14.9 USD
2 years ago
Nov 01, 2022
Bought 102 K USD
Prame Thomas M
President
+ 6750
 15.09 USD
2 years ago
Nov 02, 2022
Bought 30.2 K USD
DWIGHT CRAIG M
Chief Executive Officer
+ 2000
 15.08 USD
2 years ago
Mar 02, 2022
Sell 62.3 K USD
NEFF JAMES D
President
- 3076
 20.25 USD
2 years ago
Jan 13, 2022
Sell 110 K USD
NEFF JAMES D
President
- 5000
 22.0037 USD
2 years ago
Jan 14, 2022
Sell 231 K USD
NEFF JAMES D
President
- 10000
 23.0647 USD
3 years ago
Nov 09, 2021
Sell 8.13 K USD
DeRuiter Kathie A
Executive Vice President
- 402
 20.2156 USD
3 years ago
Nov 10, 2021
Sell 208 K USD
DeRuiter Kathie A
Executive Vice President
- 10347
 20.1253 USD
3 years ago
Mar 18, 2021
Sell 1.1 M USD
NEFF JAMES D
President
- 54725
 20.01 USD
3 years ago
Mar 01, 2021
Sell 117 K USD
SECOR MARK E
Executive Vice President
- 6389
 18.38 USD
3 years ago
Mar 12, 2021
Sell 255 K USD
NEFF JAMES D
President
- 12700
 20.04 USD
3 years ago
Mar 10, 2021
Sell 85 K USD
NEFF JAMES D
President
- 4300
 19.76 USD
3 years ago
Mar 08, 2021
Sell 199 K USD
Kuhn Dennis
Executive Vice President
- 10261
 19.4293 USD
3 years ago
Mar 05, 2021
Sell 198 K USD
NEFF JAMES D
President
- 10400
 19.02 USD
3 years ago
Mar 08, 2021
Sell 298 K USD
NEFF JAMES D
President
- 15300
 19.46 USD
4 years ago
May 15, 2020
Bought 26.1 K USD
Reed Steven William
Director
+ 3000
 8.71 USD
3 years ago
Mar 01, 2021
Sell 117 K USD
SECOR MARK E
Executive Vice President
- 6389
 18.38 USD
3 years ago
Feb 23, 2021
Sell 190 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 10291
 18.5 USD
4 years ago
Nov 16, 2020
Sell 82.9 K USD
Magnuson Michele M.
Director
- 5605
 14.7879 USD
4 years ago
Nov 10, 2020
Sell 122 K USD
Kuhn Dennis
Executive Vice President
- 8625
 14.1975 USD
4 years ago
Feb 27, 2020
Sell 72.6 K USD
Kuhn Dennis
Director
- 4575
 15.87 USD
4 years ago
Feb 27, 2020
Sell 72.6 K USD
Kuhn Dennis
Director
- 4575
 15.87 USD
4 years ago
Feb 28, 2020
Bought 148 K USD
PAIRITZ PETER L
Director
+ 10000
 14.85 USD
4 years ago
Nov 25, 2019
Sell 33.1 K USD
SECOR MARK E
Executive Vice President
- 1762
 18.77 USD
5 years ago
Nov 19, 2019
Sell 335 K USD
Magnuson Michele M.
Director
- 18138
 18.4965 USD
5 years ago
Jun 07, 2019
Bought 12.6 K USD
NEFF JAMES D
President
+ 800
 15.73 USD
5 years ago
May 29, 2019
Bought 55.2 K USD
NEFF JAMES D
President
+ 3500
 15.77 USD
5 years ago
Dec 06, 2018
Bought 48.8 K USD
NEFF JAMES D
President
+ 3000
 16.25 USD
6 years ago
Nov 19, 2018
Bought 18.7 K USD
Reed Steven William
Director
+ 1100
 17.01 USD
6 years ago
Aug 27, 2018
Sell 20.8 K USD
Middleton Larry N
Director
- 1000
 20.79 USD
6 years ago
Aug 28, 2018
Sell 30.9 K USD
Middleton Larry N
Director
- 1500
 20.62 USD
6 years ago
Aug 13, 2018
Sell 109 K USD
Kuhn Dennis
Executive Vice President
- 5250
 20.7 USD
6 years ago
Aug 14, 2018
Sell 12.4 K USD
Kuhn Dennis
Executive Vice President
- 591
 20.9 USD
6 years ago
Jun 06, 2018
Sell 101 K USD
NEFF JAMES D
President
- 3084
 32.59 USD
6 years ago
May 30, 2018
Sell 70.5 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 2250
 31.35 USD
6 years ago
May 18, 2018
Bought 50 K USD
Blackhurst Eric P.
Director
+ 1630
 30.7 USD
6 years ago
May 11, 2018
Sell 19.6 K USD
DeRuiter Kathie A
Executive Vice President
- 652
 30.04 USD
6 years ago
May 09, 2018
Sell 57 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 1907
 29.87 USD
6 years ago
May 10, 2018
Sell 205 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 6884
 29.84 USD
6 years ago
Dec 13, 2017
Sell 273 K USD
Magnuson Michele M.
Director
- 10000
 27.29 USD
7 years ago
Nov 03, 2017
Sell 20.2 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 736
 27.38 USD
7 years ago
Nov 02, 2017
Sell 78.1 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 2850
 27.42 USD
7 years ago
Sep 12, 2017
Sell 78 K USD
EDWARDS THOMAS H
Executive Vice President
- 3000
 26 USD
7 years ago
Aug 08, 2017
Sell 128 K USD
NEFF JAMES D
Executive Vice President
- 4799
 26.75 USD
6 years ago
Feb 21, 2018
Sell 225 K USD
Kuhn Dennis
Executive Vice President
- 7500
 30 USD
6 years ago
Dec 13, 2017
Sell 273 K USD
Thompson Michele M.
Director
- 10000
 27.29 USD
6 years ago
Nov 28, 2017
Sell 73.7 K USD
SECOR MARK E
Exec VP & CFO
- 2717
 27.12 USD
6 years ago
Nov 27, 2017
Sell 40.5 K USD
SECOR MARK E
Exec VP & CFO
- 1500
 27.01 USD
6 years ago
Nov 22, 2017
Sell 1.86 K USD
SECOR MARK E
Exec VP & CFO
- 68
 27.3 USD
6 years ago
Nov 24, 2017
Sell 46.2 K USD
SECOR MARK E
Exec VP & CFO
- 1700
 27.17 USD
6 years ago
Nov 21, 2017
Sell 186 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 6836
 27.19 USD
7 years ago
Nov 06, 2017
Sell 86.6 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 3200
 27.06 USD
7 years ago
Nov 02, 2017
Sell 78.1 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 2850
 27.42 USD
7 years ago
Nov 03, 2017
Sell 20.2 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 736
 27.38 USD
7 years ago
Sep 12, 2017
Sell 78 K USD
EDWARDS THOMAS H
Executive Vice President
- 3000
 26 USD
7 years ago
Aug 30, 2017
Sell 80.3 K USD
NEFF JAMES D
Executive Vice President
- 3084
 26.05 USD
7 years ago
Aug 29, 2017
Sell 54.7 K USD
NEFF JAMES D
Executive Vice President
- 2100
 26.05 USD
7 years ago
Aug 25, 2017
Sell 47.2 K USD
NEFF JAMES D
Executive Vice President
- 1800
 26.25 USD
7 years ago
Aug 08, 2017
Sell 128 K USD
NEFF JAMES D
Executive Vice President
- 4799
 26.75 USD
7 years ago
Dec 08, 2016
Sell 259 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 10000
 25.93 USD
7 years ago
Dec 08, 2016
Sell 146 K USD
SECOR MARK E
Executive Vice President
- 5625
 25.98 USD
7 years ago
Dec 14, 2016
Sell 251 K USD
Rose David G
Executive Vice President
- 9750
 25.79 USD
7 years ago
Dec 06, 2016
Sell 294 K USD
EDWARDS THOMAS H
Executive Vice President
- 11575
 25.38 USD
7 years ago
Feb 10, 2017
Sell 18.8 K USD
DeRuiter Kathie A
Executive Vice President
- 735
 25.52 USD
7 years ago
Feb 10, 2017
Sell 18.8 K USD
DeRuiter Kathie A
Executive Vice President
- 735
 25.52 USD
7 years ago
Jan 31, 2017
Bought 204 K USD
WINKLER MAURICE F III
Director
+ 8000
 25.55 USD
7 years ago
Dec 14, 2016
Sell 251 K USD
Rose David G
Executive Vice President
- 9750
 25.79 USD
7 years ago
Dec 08, 2016
Sell 146 K USD
SECOR MARK E
Executive Vice President,CFO
- 5625
 25.98 USD
7 years ago
Dec 08, 2016
Sell 259 K USD
DWIGHT CRAIG M
Chief Execuitive Officer
- 10000
 25.93 USD
7 years ago
Dec 06, 2016
Sell 294 K USD
EDWARDS THOMAS H
Executive Vice President
- 11575
 25.38 USD
8 years ago
Aug 16, 2016
Sell 276 K USD
EDWARDS THOMAS H
Executive Vice President
- 10000
 27.65 USD
8 years ago
Jun 01, 2016
Sell 247 K USD
EDWARDS THOMAS H
Executive Vice President
- 10000
 24.73 USD
8 years ago
Jun 01, 2016
Sell 247 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 10000
 24.67 USD
8 years ago
May 20, 2016
Sell 48 K USD
EDWARDS THOMAS H
Executive Vice President
- 2000
 24 USD
8 years ago
May 02, 2016
Bought 41.3 K USD
NEFF JAMES D
Executive Vice President
+ 1674
 24.67 USD
8 years ago
May 02, 2016
Sell 41.3 K USD
NEFF JAMES D
Executive Vice President
- 1674
 24.67 USD
8 years ago
May 02, 2016
Bought 19.6 K USD
Reed Steven William
Director
+ 800
 24.45 USD
8 years ago
Apr 29, 2016
Bought 24.4 K USD
Reed Steven William
Director
+ 1000
 24.43 USD
8 years ago
Apr 29, 2016
Bought 9.99 K USD
Reed Steven William
Director
+ 411
 24.31 USD
8 years ago
Apr 29, 2016
Sell 24.4 K USD
DeRuiter Kathie A
Executive Vice President
- 1000
 24.4 USD
8 years ago
Apr 29, 2016
Sell 73.2 K USD
SECOR MARK E
Executive Vice President, CFO
- 3000
 24.39 USD
9 years ago
May 04, 2015
Sell 106 K USD
DeRuiter Kathie A
Executive Vice President
- 4500
 23.62 USD
9 years ago
Nov 02, 2015
Sell 92 K USD
Rose David G
Executive Vice President
- 3500
 26.28 USD
9 years ago
Oct 29, 2015
Sell 54.2 K USD
Rose David G
Executive Vice President
- 2000
 27.09 USD
9 years ago
Oct 30, 2015
Sell 39.2 K USD
Rose David G
Executive Vice President
- 1500
 26.13 USD
9 years ago
Sep 01, 2015
Sell 53 K USD
DeRuiter Kathie A
Executive Vie President
- 2250
 23.55 USD
9 years ago
Aug 25, 2015
Bought 13.8 K USD
NEFF JAMES D
Executive Vice President
+ 600
 23 USD
9 years ago
Jun 02, 2015
Sell 121 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 5040
 24 USD
9 years ago
Jun 03, 2015
Sell 255 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 10657
 23.95 USD
9 years ago
May 21, 2015
Sell 131 K USD
SECOR MARK E
Executive Vice President
- 5400
 24.28 USD
9 years ago
May 15, 2015
Bought 21.1 K USD
PAIRITZ PETER L
Director
+ 904
 23.3 USD
9 years ago
May 04, 2015
Bought 34.9 K USD
NEFF JAMES D
Executive Vice President
+ 1500
 23.25 USD
9 years ago
Feb 26, 2015
Bought 22.6 K USD
SWINEHART ROBERT E
Director
+ 1000
 22.62 USD
10 years ago
Oct 28, 2014
Bought 23.9 K USD
AARON SUSAN D
Director
+ 942
 25.37 USD
10 years ago
Aug 07, 2014
Bought 162 K USD
SWINEHART ROBERT E
Director
+ 7365
 22 USD
10 years ago
Aug 06, 2014
Bought 19.6 K USD
Hopp Daniel F
Director
+ 883
 22.24 USD
10 years ago
Aug 05, 2014
Bought 6.69 K USD
Hopp Daniel F
Director
+ 308
 21.72 USD
10 years ago
Aug 04, 2014
Bought 78 K USD
Hopp Daniel F
Director
+ 3619
 21.55 USD
10 years ago
Jul 30, 2014
Bought 4.04 K USD
Hopp Daniel F
Director
+ 190
 21.25 USD
10 years ago
Jun 13, 2014
Bought 30.3 K USD
Rose David G
Executive Vice President
+ 1388
 21.81 USD
10 years ago
Jun 13, 2014
Bought 350 K USD
NEFF JAMES D
Executive Vice President
+ 16048
 21.81 USD
10 years ago
Jun 13, 2014
Bought 45 K USD
EDWARDS THOMAS H
Executive Vice President
+ 2063
 21.81 USD
10 years ago
Jun 13, 2014
Bought 145 K USD
SECOR MARK E
Executive Vice President
+ 6648
 21.81 USD
10 years ago
Jun 13, 2014
Bought 119 K USD
DeRuiter Kathie A
Executive Vice President
+ 5478
 21.81 USD
10 years ago
May 29, 2014
Bought 65.4 K USD
Rose David G
Executive Viec President
+ 2982
 21.93 USD
10 years ago
May 29, 2014
Sell 12.9 K USD
Rose David G
Executive Viec President
- 590
 21.93 USD
10 years ago
May 29, 2014
Sell 42.5 K USD
EDWARDS THOMAS H
Executive Vice President
- 1937
 21.93 USD
10 years ago
May 29, 2014
Sell 31.2 K USD
NEFF JAMES D
Executive Vice President
- 1422
 21.93 USD
10 years ago
May 29, 2014
Sell 20.8 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 947
 21.93 USD
10 years ago
May 29, 2014
Bought 65.4 K USD
Rose David G
Executive Vice President
+ 2982
 21.93 USD
10 years ago
May 29, 2014
Sell 12.9 K USD
Rose David G
Executive Vice President
- 590
 21.93 USD
10 years ago
May 29, 2014
Sell 31.2 K USD
NEFF JAMES D
Executive Vice President
- 1422
 21.93 USD
10 years ago
May 29, 2014
Sell 42.5 K USD
EDWARDS THOMAS H
Executive Vice President
- 1937
 21.93 USD
10 years ago
May 29, 2014
Sell 20.7 K USD
DWIGHT CRAIG M
Chief Executive Officer
- 946
 21.93 USD
10 years ago
May 21, 2014
Bought 20.7 K USD
Reed Steven William
Director
+ 1040
 19.87 USD
10 years ago
May 21, 2014
Bought 20 K USD
SWINEHART ROBERT E
Director
+ 1000
 20.02 USD
10 years ago
May 21, 2014
Bought 98.8 K USD
PAIRITZ PETER L
Director
+ 5000
 19.75 USD
10 years ago
May 21, 2014
Bought 19.8 K USD
AARON SUSAN D
Director
+ 1000
 19.75 USD
7. News
Horizon Bancorp (HBNC) is a Great Momentum Stock: Should You Buy? Does Horizon Bancorp (HBNC) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 2 weeks ago
Horizon Bancorp, Inc. (HBNC) Q3 2024 Earnings Call Transcript Horizon Bancorp, Inc. (NASDAQ:HBNC ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Thomas Prame - President and Chief Executive Officer Lynn Kerber - Executive Vice President and Chief Commercial Banking Officer John Stewart - Executive Vice President and Chief Financial Officer Conference Call Participants Brendan Nosal - Hovde Group Terry McEvoy - Stephens Nathan Race - Piper Sandler Damon DelMonte - KBW Brian Martin - Janney Montgomery Operator Good morning, everyone and welcome to the Horizon Bancorp, Inc. Conference Call to discuss Financial Results for the Third Quarter of 2024. All participants will be in listen only mode. seekingalpha.com - 3 weeks ago
Horizon Bancorp (HBNC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates Although the revenue and EPS for Horizon Bancorp (HBNC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 3 weeks ago
Horizon Bancorp (HBNC) Q3 Earnings and Revenues Top Estimates Horizon Bancorp (HBNC) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.37 per share a year ago. zacks.com - 3 weeks ago
Horizon Bancorp, Inc. Reports Third Quarter 2024 Results, Including EPS of $0.41 and Continued Profitability Improvement, as well as Accretive Balance Sheet Initiatives MICHIGAN CITY, Ind., Oct. 23, 2024 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited financial results for the three and nine months ended September 30, 2024. globenewswire.com - 3 weeks ago
Horizon Bancorp, Inc. Announces Conference Call to Review Third Quarter 2024 Results on October 24 MICHIGAN CITY, Ind., September 26, 2024 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference c globenewswire.com - 1 month ago
What Makes Horizon Bancorp (HBNC) a Strong Momentum Stock: Buy Now? Does Horizon Bancorp (HBNC) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 3 months ago
Horizon Bancorp, Inc. (HBNC) Q2 2024 Earnings Call Transcript Horizon Bancorp, Inc. (NASDAQ:HBNC ) Q2 2024 Earnings Call July 25, 2024 8:30 AM ET Company Participants Thomas Prame - President and Chief Executive Officer Lynn Kerber - Executive Vice President and Chief Commercial Banking Officer John Stewart - Executive Vice President and Chief Financial Officer Mark Secor - Executive Vice President and Chief Administration Officer Kathie DeRuiter - Executive Vice President and Senior Operations Officer Todd Etzler - Executive Vice President, Corporate Secretary and General Counsel Conference Call Participants Terry McEvoy - Stephens Nathan Race - Piper Sandler Damon DelMonte - KBW Brian Martin - Janney Montgomery Operator Good morning, everyone and welcome to the Horizon Bancorp, Inc. conference call to discuss financial results for the Second Quarter of 2024. [Operator Instructions] Before turning the call over to management, please remember that today's call may contain statements that are forward-looking in nature. seekingalpha.com - 3 months ago
Horizon Bancorp (HBNC) Reports Q2 Earnings: What Key Metrics Have to Say While the top- and bottom-line numbers for Horizon Bancorp (HBNC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 3 months ago
Horizon Bancorp (HBNC) Beats Q2 Earnings and Revenue Estimates Horizon Bancorp (HBNC) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.41 per share a year ago. zacks.com - 3 months ago
Horizon Bancorp, Inc. Reports Second Quarter 2024 Results Including EPS of $0.32, Net Interest Margin Expansion, and Growth in Net Interest Income and Loans MICHIGAN CITY, Ind., July 24, 2024 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited financial results for the three and six months ended June 30, 2024. globenewswire.com - 3 months ago
Horizon Bank Appoints Michele Samuels and Brian Walker to Serve as Independent Directors Horizon Bancorp, Inc. announced the appointments on June 18, 2024 of Michele A. Samuels and Brian C. Walker to serve as independent directors on the Board. globenewswire.com - 4 months ago
8. Profile Summary

Horizon Bancorp, Inc. HBNC

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 799 M
Dividend Yield 0.00%
Description 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.
Contact 515 Franklin Street, Michigan City, IN, 46360 https://www.horizonbank.com
IPO Date Jan. 9, 2002
Employees 818
Officers Mr. Mark E. Secor CPA Chief Administration Officer & Executive Vice President Mr. Todd A. Etzler Executive Vice President, Chief Legal and Risk Officer & Corporate Secretary Mr. John R. Stewart C.F.A. Chief Financial Officer & Executive Vice President Ms. Lynn M. Kerber Executive Vice President & Chief Commercial Banking Officer Mr. Thomas M. Prame Chief Executive Officer, President & Director Ms. Kathie A. DeRuiter Executive Vice President & Senior Operations Officer Amy Phares Public Relations Manager Mr. Dennis J. Kuhn Regional President for Southwest Michigan