What Makes Horizon Bancorp (HBNC) a New Buy Stock
Horizon Bancorp (HBNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
HBNC - Horizon Bancorp, Inc.
Horizon Bancorp (HBNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Horizon Bancorp (IN) (NASDAQ: HBNC) executives emphasized strong profitability, deposit growth, and steady credit performance as the company reviewed final first-quarter 2026 results, while maintaining its full-year guidance despite a changed interest-rate outlook. Management highlights profitability, margin durability, and capital generation CEO and President Thomas M. Prame said the quarter reflected the "core strength" of Horizon's
Horizon Bancorp, Inc. (HBNC) Q1 2026 Earnings Call Transcript
Horizon Bancorp has delivered an 8.7% total return since my last Buy rating, outperforming the S&P 500 and KRE. Strategic asset sales, including $1.7B in securities and $190M in auto loans, have reduced risk and are expected to improve margins and ROA. Deposit costs remain well-managed at 1.97%, 72 bps below peers, reflecting successful efforts to reduce high-cost transactional deposits.
While the top- and bottom-line numbers for Horizon Bancorp (HBNC) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Horizon Bancorp (HBNC) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.54 per share a year ago.
MICHIGAN CITY, Ind, April 22, 2026 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) -- Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited financial results for the three months ended March 31, 2026. “Horizon's first quarter results demonstrate the consistency of our profitability profile and the strength of Horizon's high quality community banking model.
Horizon Bancorp (IN) (NASDAQ: HBNC - Get Free Report) is expected to announce its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect the company to announce earnings of $0.5020 per share and revenue of $76.1120 million for the quarter. Investors can find conference call details on the company's upcoming Q1 2026
Deprince Race and Zollo Inc. raised its position in shares of Horizon Bancorp (IN) (NASDAQ: HBNC) by 36.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 152,100 shares of the financial services provider's stock after acquiring an additional 40,913 shares
MICHIGAN CITY, Ind., April 01, 2026 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m.
Horizon Bancorp (IN) (NASDAQ: HBNC - Get Free Report) has received an average rating of "Hold" from the five ratings firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation and two have issued a buy recommendation on the company. The
Eastern Bankshares (NASDAQ: EBC - Get Free Report) and Horizon Bancorp (IN) (NASDAQ: HBNC - Get Free Report) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, analyst recommendations, profitability, institutional ownership, risk, dividends and earnings. Dividends Eastern Bankshares pays an annual dividend
Shares of Horizon Bancorp (IN) (NASDAQ: HBNC - Get Free Report) have earned an average recommendation of "Hold" from the five brokerages that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation and two have issued a buy recommendation on the company.
Jupiter Asset Management Ltd. acquired a new position in Horizon Bancorp (IN) (NASDAQ: HBNC) during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 42,734 shares of the financial services provider's stock, valued at approximately $684,000. Jupiter Asset Management Ltd. owned about
Horizon Bancorp (IN) (NASDAQ: HBNC - Get Free Report) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 1,233,401 shares, a decrease of 14.9% from the January 15th total of 1,449,277 shares. Based on an average daily volume of 399,656 shares, the days-to-cover ratio
Horizon Bancorp (IN) (NASDAQ: HBNC - Get Free Report) has received an average rating of "Hold" from the five research firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating on
Horizon Bancorp (IN) (NASDAQ: HBNC - Get Free Report) and CF Bankshares (NASDAQ: CFBK - Get Free Report) are both small-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, risk, earnings, valuation and analyst recommendations. Analyst Recommendations This is a summary
AKZOY, GNRC and HBNC have been added to the Zacks Rank #5 (Strong Sell) List on February 5, 2026.
Horizon Bancorp (IN) (NASDAQ: HBNC - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $16.51 and traded as high as $18.18. Horizon Bancorp (IN) shares last traded at $17.96, with a volume of 473,026 shares traded.
Horizon Bancorp is rated a "Buy" with a $20 price target, offering ~15% upside after a successful balance sheet repositioning. HBNC's net interest margin expanded to 4.29%, supported by aggressive deposit rate management and a shift toward higher-yielding commercial loans. Loan growth is robust, credit quality remains strong, and reserves provide ample coverage, positioning HBNC for outperformance in 2026.