HBNC
Horizon Bancorp, Inc.
$19.62
-0.13
(-0.66%)
Mkt Cap
1.01B
Volume
404,123
52W Range
14.84-20.51
Sector
Financial Services
Beta
0.81
EPS (TTM)
-3.18
P/E Ratio
-5.40
Revenue (TTM)
96.08M
Rev Growth (5Y)
-16.5%
EPS Growth (5Y)
N/A
AlphaVal · Fair Value
What we estimate one share is worth
$22.70
Fair Value
weak signal
13.6% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
D+
Banks, Insurers & Asset Managers
43.4 / 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 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 97.89M | 100.75M | (203.74M) | 101.17M | 104.98M | 63.11M | 101.36M | 96.43M | 94.47M | 61.72M | 90.83M | 86.47M |
| Net Income | 26.17M | 26.92M | (221.99M) | 20.64M | 23.94M | (10.88M) | 18.18M | 14.14M | 13.99M | (25.21M) | 16.20M | 18.76M |
| EPS | 0.51 | 0.53 | -4.69 | 0.47 | 0.55 | -0.25 | 0.42 | 0.32 | 0.32 | -0.58 | 0.37 | 0.43 |
| Free Cash Flow | 20.76M | 32.63M | 9.40M | 18.13M | 14.12M | (50.17M) | 31.00M | 15.09M | 5.37M | 13.64M | 28.68M | 14.09M |
| FCF / Share | 0.41 | 0.64 | 0.20 | 0.41 | 0.32 | -1.15 | 0.71 | 0.35 | 0.12 | 0.31 | 0.66 | 0.32 |
| Operating CF | 20.76M | 33.57M | 10.91M | 19.50M | 15.24M | (48.37M) | 32.28M | 15.92M | 6.54M | 14.98M | 29.84M | 18.80M |
| Total Assets | 6.56B | 6.44B | 6.71B | 7.65B | 7.63B | 7.80B | 7.93B | 7.91B | 7.86B | 7.94B | 7.96B | 7.96B |
| Total Debt | 381.83M | 404.49M | 458.82M | 1.09B | 1.01B | 1.35B | 1.38B | 1.47B | 1.47B | 1.04B | 1.47B | 1.47B |
| Cash & Equiv | 68.35M | 66.81M | 458.25M | 135.89M | 169.67M | 294.17M | 235.57M | 147.82M | 272.80M | 528.50M | 177.34M | 231.44M |
| Book Value | 699.03M | 688.25M | 660.77M | 790.85M | 776.06M | 763.58M | 754.82M | 726.66M | 721.25M | 718.81M | 693.37M | 709.24M |
| Return on Equity | 0.04 | 0.04 | -0.34 | 0.03 | 0.03 | -0.01 | 0.02 | 0.02 | 0.02 | -0.04 | 0.02 | 0.03 |
HBNC News
Horizon Bancorp, Inc. Announces Conference Call to Review Second Quarter Results on July 23
Are You Looking for a Top Momentum Pick? Why Horizon Bancorp (HBNC) is a Great Choice
What Makes Horizon Bancorp (HBNC) a New Buy Stock
Horizon Bancorp (IN) Q1 Earnings Call Highlights
Horizon Bancorp, Inc. (HBNC) Q1 2026 Earnings Call Transcript
Horizon Bancorp Continues To Benefit From Steps Taken In 2025
Compared to Estimates, Horizon Bancorp (HBNC) Q1 Earnings: A Look at Key Metrics
Horizon Bancorp (HBNC) Q1 Earnings and Revenues Surpass Estimates
Horizon Bancorp, Inc. Reports First Quarter 2026 Results, Highlighted by Continued Peer Leading Profitability Metrics and Solid Capital Growth
Horizon Bancorp (IN) (HBNC) to Release Quarterly Earnings on Wednesday