Horizon Bancorp, Inc. (HBNC): Price and Financial Metrics


Horizon Bancorp, Inc. (HBNC): $15.18

0.15 (+1.00%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

HBNC POWR Grades

  • Momentum is the dimension where HBNC ranks best; there it ranks ahead of 92.64% of US stocks.
  • HBNC's strongest trending metric is Stability; it's been moving down over the last 26 weeks.
  • HBNC ranks lowest in Quality; there it ranks in the 25th percentile.

HBNC Stock Summary

  • The ratio of debt to operating expenses for HORIZON BANCORP INC is higher than it is for about 88.64% of US stocks.
  • HBNC's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 92.93% of US stocks.
  • HORIZON BANCORP INC's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -46.68%, greater than the shareholder yield of only 11.67% of stocks in our set.
  • If you're looking for stocks that are quantitatively similar to HORIZON BANCORP INC, a group of peers worth examining would be SMMF, AMTB, PKBK, BFST, and BCBP.
  • Visit HBNC's SEC page to see the company's official filings. To visit the company's web site, go to www.horizonbank.com.

HBNC Valuation Summary

  • In comparison to the median Financial Services stock, HBNC's EV/EBIT ratio is 42.98% higher, now standing at 16.3.
  • HBNC's price/sales ratio has moved up 1.1 over the prior 243 months.

Below are key valuation metrics over time for HBNC.

Stock Date P/S P/B P/E EV/EBIT
HBNC 2022-12-02 2.7 1.1 7.4 16.3
HBNC 2022-12-01 2.7 1.1 7.4 16.3
HBNC 2022-11-30 2.8 1.1 7.6 16.5
HBNC 2022-11-29 2.7 1.1 7.5 16.3
HBNC 2022-11-28 2.7 1.1 7.4 16.3
HBNC 2022-11-25 2.7 1.1 7.6 16.4

HBNC Growth Metrics

    The 2 year cash and equivalents growth rate now stands at 30.62%.
  • The year over year cash and equivalents growth rate now stands at -76.74%.
  • The 5 year price growth rate now stands at -46.45%.
HBNC's revenue has moved up $100,075,000 over the prior 52 months.

The table below shows HBNC's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 257.973 94.193 93.668
2022-06-30 255.265 95.951 92.918
2022-03-31 249.394 99.032 90.232
2021-12-31 241.726 105.348 87.091
2021-09-30 237.164 104.753 87.559
2021-06-30 233.733 98.715 84.8

HBNC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • HBNC has a Quality Grade of C, ranking ahead of 39.9% of graded US stocks.
  • HBNC's asset turnover comes in at 0.039 -- ranking 190th of 430 Banking stocks.
  • FFNW, CWBC, and TCFC are the stocks whose asset turnover ratios are most correlated with HBNC.

The table below shows HBNC's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.039 1 0.016
2021-03-31 0.038 1 0.015
2020-12-31 0.037 1 0.013
2020-09-30 0.037 1 0.013
2020-06-30 0.037 1 0.013
2020-03-31 0.039 1 0.014

HBNC Price Target

For more insight on analysts targets of HBNC, see our HBNC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $21.40 Average Broker Recommendation 1.3 (Strong Buy)

HBNC Stock Price Chart Interactive Chart >

Price chart for HBNC

HBNC Price/Volume Stats

Current price $15.18 52-week high $23.80
Prev. close $15.03 52-week low $14.64
Day low $14.98 Volume 91,600
Day high $15.25 Avg. volume 152,845
50-day MA $16.93 Dividend yield 4.26%
200-day MA $18.16 Market Cap 666.93M

Horizon Bancorp, Inc. (HBNC) Company Bio


Horizon Bancorp provides commercial and retail banking services in Northwestern and Central Indiana, and Southwestern and Central Michigan. The company was founded in 1873 and is based in Michigan, Indiana.


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Latest HBNC News From Around the Web

Below are the latest news stories about HORIZON BANCORP INC that investors may wish to consider to help them evaluate HBNC as an investment opportunity.

With 57% ownership of the shares, Horizon Bancorp, Inc. (NASDAQ:HBNC) is heavily dominated by institutional owners

If you want to know who really controls Horizon Bancorp, Inc. ( NASDAQ:HBNC ), then you'll have to look at the makeup...

Yahoo | December 2, 2022

10 Best Small Bank Stocks To Invest In

In this article, we will be taking a look at the 10 best small bank stocks to invest in. To skip our detailed analysis of banking stocks and the sector in general, you can go directly to see the 5 Best Small Bank Stocks To Invest In. After a rigorous period of recession and inflation, […]

Yahoo | November 30, 2022

Thomas Prame Just Bought 66% More Shares In Horizon Bancorp, Inc. (NASDAQ:HBNC)

Investors who take an interest in Horizon Bancorp, Inc. ( NASDAQ:HBNC ) should definitely note that insider Thomas...

Yahoo | November 5, 2022

Horizon Bancorp (HBNC) Q3 Earnings and Revenues Lag Estimates

Horizon Bancorp (HBNC) delivered earnings and revenue surprises of -5.17% and 5.80%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | October 26, 2022

Horizon Bancorp, Inc. Reports Third Quarter 2022 EPS of $0.55; Strong Loan Growth Continues to Offset Non–interest Income and Expense Headwinds

MICHIGAN CITY, Ind., Oct. 26, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three– and nine–months ending September 30, 2022. “We are proud of the performance achieved by our business banking and consumer lending teams who delivered annualized loan growth of 7.8% in the third quarter, excluding PPP loans and sold commercial participation loans,” Chairman and CEO Craig M. Dwight said. “This continu

Yahoo | October 26, 2022

Read More 'HBNC' Stories Here

HBNC Price Returns

1-mo -6.58%
3-mo -20.43%
6-mo -8.49%
1-year -22.69%
3-year -10.98%
5-year -1.40%
YTD -24.77%
2021 35.43%
2020 -12.86%
2019 23.69%
2018 -13.29%
2017 1.06%

HBNC Dividends

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