HBNC
Horizon Bancorp, Inc.
$19.91
+0.24
(+1.22%)
Mkt Cap
1.02B
Volume
430,234
52W Range
14.97-21.04
Sector
Financial Services
Beta
0.80
EPS (TTM)
-3.16 USD
P/E Ratio
-5.40
Revenue (TTM)
95.43M USD
Rev Growth (5Y)
-16.5%
EPS Growth (5Y)
N/A
AlphaVal · Fair Value
What we estimate one share is worth
$19.50
Overvalued
weak signal
2.1% above fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
D
Banks, Insurers & Asset Managers
33.4 / 100 composite
A bank, insurer or asset manager — graded A–F vs. similar companies.
Company Description
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.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 103.17M | 355.38M | 319.32M | 278.07M | 246.57M | 254.37M | 242.76M | 194.24M | 156.65M | 136.40M | 111.64M | 97.71M |
| Net Income | (150.48M) | 35.43M | 27.98M | 93.41M | 87.09M | 68.50M | 66.54M | 53.12M | 33.12M | 23.91M | 20.55M | 18.10M |
| EPS | -3.14 | 0.81 | 0.64 | 2.14 | 1.99 | 1.56 | 1.53 | 1.39 | 0.96 | 0.79 | 0.86 | 0.88 |
| Free Cash Flow | 74.28M | 1.28M | 81.16M | 87.95M | 104.91M | 72.90M | 169.76M | 68.85M | 46.38M | 24.16M | 29.61M | 11.41M |
| FCF / Share | 1.46 | 0.03 | 1.86 | 2.02 | 2.40 | 1.66 | 3.90 | 1.80 | 1.34 | 0.81 | 1.25 | 0.56 |
| Operating CF | 79.23M | 6.37M | 88.94M | 94.38M | 106.35M | 78.77M | 174.37M | 72.29M | 49.06M | 25.55M | 35.23M | 17.66M |
| Total Assets | 6.44B | 7.80B | 7.94B | 7.87B | 7.41B | 5.89B | 5.24B | 4.25B | 3.96B | 3.14B | 2.65B | 2.08B |
| Total Debt | 404.49M | 1.35B | 1.04B | 1.01B | 828.27M | 590.15M | 606.05M | 588.22M | 601.81M | 324.44M | 482.14M | 383.84M |
| Cash & Equiv | 66.81M | 294.17M | 526.51M | 126.32M | 598.29M | 258.68M | 107.29M | 74.24M | 76.44M | 70.83M | 48.65M | 43.48M |
| Book Value | 688.25M | 763.58M | 718.81M | 677.38M | 723.21M | 692.22M | 656.02M | 491.99M | 457.08M | 340.86M | 266.83M | 194.41M |
| Return on Equity | -0.22 | 0.05 | 0.04 | 0.14 | 0.12 | 0.10 | 0.10 | 0.11 | 0.07 | 0.07 | 0.08 | 0.09 |
| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 100.52M | 97.89M | 100.75M | (203.74M) | 101.17M | 104.98M | 63.11M | 101.36M | 96.43M | 94.47M | 61.72M | 90.83M |
| Net Income | 24.91M | 26.17M | 26.92M | (221.99M) | 20.64M | 23.94M | (10.88M) | 18.18M | 14.14M | 13.99M | (25.21M) | 16.20M |
| EPS | 0.49 | 0.51 | 0.53 | -4.69 | 0.47 | 0.55 | -0.25 | 0.42 | 0.32 | 0.32 | -0.58 | 0.37 |
| Free Cash Flow | 33.22M | 20.76M | 32.63M | 9.40M | 18.13M | 14.12M | (50.17M) | 31.00M | 15.09M | 5.37M | 13.64M | 28.68M |
| FCF / Share | 0.65 | 0.41 | 0.64 | 0.20 | 0.41 | 0.32 | -1.15 | 0.71 | 0.35 | 0.12 | 0.31 | 0.66 |
| Operating CF | 33.17M | 20.76M | 33.57M | 10.91M | 19.50M | 15.24M | (48.37M) | 32.28M | 15.92M | 6.54M | 14.98M | 29.84M |
| Total Assets | 6.57B | 6.56B | 6.44B | 6.71B | 7.65B | 7.63B | 7.80B | 7.93B | 7.91B | 7.86B | 7.94B | 7.96B |
| Total Debt | 379.09M | 381.83M | 404.49M | 458.82M | 1.09B | 1.01B | 1.35B | 1.38B | 1.47B | 1.47B | 1.04B | 1.47B |
| Cash & Equiv | 217.95M | 68.35M | 66.81M | 458.25M | 135.89M | 169.67M | 294.17M | 235.57M | 147.82M | 272.80M | 528.50M | 177.34M |
| Book Value | 726.19M | 699.03M | 688.25M | 660.77M | 790.85M | 776.06M | 763.58M | 754.82M | 726.66M | 721.25M | 718.81M | 693.37M |
| Return on Equity | 0.03 | 0.04 | 0.04 | -0.34 | 0.03 | 0.03 | -0.01 | 0.02 | 0.02 | 0.02 | -0.04 | 0.02 |
HBNC News
Horizon Bank Appoints Nicholas Ritter and Charles Sulerzyski to Serve as Independent Directors
Empowered Funds LLC Lowers Stock Holdings in Horizon Bancorp (IN) $HBNC
Horizon Bancorp (IN) $HBNC Shares Sold by Empowered Funds LLC
Horizon Bancorp, Inc. (HBNC) Q2 2026 Earnings Call Transcript
Horizon Bancorp (IN) Q2 Earnings Call Highlights
Compared to Estimates, Horizon Bancorp (HBNC) Q2 Earnings: A Look at Key Metrics
Horizon Bancorp (HBNC) Lags Q2 Earnings and Revenue Estimates
Horizon Bancorp, Inc. Reports Strong Second Quarter 2026 Results, Highlighted by Continued Peer Leading Profitability Metrics
Horizon Bancorp (HBNC) Reports Next Week: Wall Street Expects Earnings Growth
Horizon Bancorp, Inc. Announces Conference Call to Review Second Quarter Results on July 23