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

HBNC POWR Grades

• Value is the dimension where HBNC ranks best; there it ranks ahead of 89.33% of US stocks.
• HBNC's strongest trending metric is Growth; it's been moving down over the last 179 days.
• HBNC's current lowest rank is in the Quality metric (where it is better than 12.83% of US stocks).

HBNC Stock Summary

• The ratio of debt to operating expenses for HORIZON BANCORP INC is higher than it is for about 91.79% of US stocks.
• Equity multiplier, or assets relative to shareholders' equity, comes in at 11.6 for HORIZON BANCORP INC; that's greater than it is for 92.81% of US stocks.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for HBNC comes in at -133.2% -- higher than that of only 4.09% of stocks in our set.
• Stocks with similar financial metrics, market capitalization, and price volatility to HORIZON BANCORP INC are WAFD, MBIN, MCBS, INBK, and FSFG.
• HBNC's SEC filings can be seen here. And to visit HORIZON BANCORP INC's official web site, go to www.horizonbank.com.

HBNC Valuation Summary

• HBNC's price/sales ratio is 1.6; this is 77.78% higher than that of the median Financial Services stock.
• Over the past 243 months, HBNC's price/sales ratio has gone down 0.2.

Below are key valuation metrics over time for HBNC.

HBNC Growth Metrics

The 2 year net cashflow from operations growth rate now stands at 8.16%.
• Its year over year net cashflow from operations growth rate is now at 17.95%.
• Its year over year cash and equivalents growth rate is now at -76.74%.

Over the past 33 months, HBNC's revenue has gone up $56,100,000.

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.