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HBNC Stock Chart & Stats
$19.53
$0.17(0.85%)
At close: 4:00 PM EDT
$19.53
$0.17(0.85%)
Day’s Range― - ―
52-Week Range$15.35 - $21.04
Previous CloseN/A
Volume167.71K
Average Volume (3M)622.71K
Market Cap
$1.01B
Enterprise Value$1.21B
Total Cash (Recent Filing)$1.07B
Total Debt (Recent Filing)$330.78M
Price to Earnings (P/E)9.4
Beta0.92
Next Earnings
Jan 27, 2027EPS Estimate
0.55Next Dividend Ex-DateN/A
Dividend Yield3.27%
Share Statistics
EPS (TTM)2.09
Shares Outstanding51,344,520
10 Day Avg. Volume620,177
30 Day Avg. Volume622,711
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)1.26
Price to Sales (P/S)8.38
P/FCF Ratio11.64
Enterprise Value/Market Cap1.20
Enterprise Value/Revenue3.02
Enterprise Value/Gross Profit4.07
Enterprise Value/Ebitda7.48
Forecast
1Y Price Target
$24.00Price Target Upside22.89% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.13
Revenue Forecast (FY)$307.93M
Bulls Say, Bears Say
Bulls Say
Strong Profitability RecoveryThe sharp return to profitability, supported by strong returns on assets and tangible equity, demonstrates meaningful earnings power in the current operating model. If maintained, these returns can strengthen internal capital generation and support continued investment in Horizon’s community banking franchise.
Healthy Capital And Lower LeverageA strong CET1 ratio and substantial total risk-based capital provide resilience against credit or earnings volatility while preserving flexibility for organic growth and capital returns. The materially lower debt-to-equity level further supports balance-sheet stability and reduces reliance on leverage to generate returns.
Broad-based Core GrowthGrowth across multiple lending categories, paired with rising relationship-based core deposits, supports a durable banking franchise rather than dependence on one product or funding source. Continued mid-single-digit expansion can increase net interest income and deepen customer relationships over coming quarters.
Bears Say
Earnings VolatilityThe large swing from profitability to a substantial 2025 loss shows that Horizon’s earnings profile has not yet demonstrated consistent durability through changing conditions. Such volatility can weaken confidence in future returns, complicate capital planning, and make reported improvement harder to extrapolate.
Rising Deposit Funding CostsHigher deposit costs directly pressure the spread between asset yields and funding expenses, which is central to a regional bank’s profitability. Selective promotional pricing may support customer acquisition, but it can also limit margin expansion and raise the funding burden as balances grow.
Real Estate Concentration PressureElevated commercial real estate payoffs and management’s effort to diversify away from areas near its exposure appetite indicate an ongoing portfolio concentration challenge. This may constrain loan growth in established categories and requires disciplined underwriting and balance-sheet allocation over the medium term.
Horizon Bancorp News
HBNC FAQ
What was Horizon Bancorp [In]’s price range in the past 12 months?
Horizon Bancorp [In] lowest stock price was $15.35 and its highest was $21.04 in the past 12 months.
What is Horizon Bancorp [In]’s market cap?
Horizon Bancorp [In]’s market cap is $1.01B.
When is Horizon Bancorp [In]’s upcoming earnings report date?
Horizon Bancorp [In]’s upcoming earnings report date is Jan 27, 2027 which is in 96 days.
How were Horizon Bancorp [In]’s earnings last quarter?
Horizon Bancorp [In] released its earnings results on Oct 21, 2026. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.536 by $0.024.
Is Horizon Bancorp [In] overvalued?
According to Wall Street analysts Horizon Bancorp [In]’s price is currently Undervalued.
Does Horizon Bancorp [In] pay dividends?
Horizon Bancorp [In] pays a Quarterly dividend of $0.16 which represents an annual dividend yield of 3.27%. See more information on Horizon Bancorp [In] dividends here
What is Horizon Bancorp [In]’s EPS estimate?
Horizon Bancorp [In]’s EPS estimate is 0.55.
How many shares outstanding does Horizon Bancorp [In] have?
Horizon Bancorp [In] has 51,344,520 shares outstanding.
What happened to Horizon Bancorp [In]’s price movement after its last earnings report?
Horizon Bancorp [In] reported an EPS of $0.56 in its last earnings report, beating expectations of $0.536. Following the earnings report the stock price went up 1.99%.
Which hedge fund is a major shareholder of Horizon Bancorp [In]?
Currently, no hedge funds are holding shares in HBNC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Horizon Bancorp Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$24.00 (22.89% Upside)
$24.00 (22.89% Upside)
Blogger Sentiment
Bullish
HBNC Sentiment 67%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Decreased
By 45.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $161.5K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.76%
12-Months-Change
Fundamentals
Return on Equity
15.17%
Trailing 12-Months
Asset Growth
-1.81%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Horizon Bancorp [In]
Horizon Bancorp, Inc. acts as the parent organization for Horizon Bank, overseeing the delivery of a full spectrum of commercial and retail banking services. The company provides a variety of deposit options and extends diverse loan products, including commercial, residential real estate, specialized mortgage warehouse, and consumer credit facilities. Furthermore, it offers corporate and individual trust and agency services, investment management, and real estate investment trust (REIT) solutions, alongside a selection of insurance offerings. With a footprint of 78 full-service branch locations, Horizon Bancorp serves customers across northern and central Indiana, and southern and central Michigan. This organization, which was founded in 1873, maintains its principal office in Michigan City, Indiana.
HBNC Company Deck
HBNC Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly positive. Management reported top-tier profitability, stable net interest margin performance, balanced mid-single-digit loan and deposit growth, improved problem-loan metrics, strong capital generation and largely unchanged full-year guidance. The main challenges were elevated commercial real estate payoffs, competitive pricing, expected increases in deposit costs, seasonal mortgage normalization and somewhat elevated third-quarter expenses, but management described these issues as manageable and maintained a positive outlook for the fourth quarter and 2027.View all HBNC earnings summariesHBNC Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$24.00
▲(22.89% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
First Financial Indiana
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Home Bancorp
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Mercantile Bank
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Equity Bancshares
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Independent Bank
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Ownership Overview
1.00% Insiders
16.58% Mutual Funds
0.60% Other Institutional Investors
66.81% Public Companies and
Individual Investors










