Horizon Bancorp, Inc.

Horizon Bancorp, Inc.

HBNC
Horizon Bancorp, Inc.US flagNASDAQ Global Select
19.94
USD
+0.16
- -
1.02BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.26
4.14
4.14
3.86
4.06
4.24
4.49
4.99
5.21
5.54
4.19
4.29
-0.67
-0.56
Basic EPS, GAAP
1.01
0.88
0.86
0.8
0.96
1.39
1.53
1.56
1.99
2.14
0.64
0.81
-3.24
-3.07
Free Cash Flow per Basic Share
2.1
0.56
1.49
0.85
1.42
1.89
4.01
1.66
2.4
2.02
1.86
0.03
1.6
1.68
Dividend per Share
0.21
0.24
0.27
0.28
0.34
0.4
0.48
0.48
0.57
0.64
0.65
0.65
0.63
0.63
Book Value per Share
6.25
6.6
6.29
5.48
5.37
5.84
6.2
6.84
8.3
9.86
9.83
9.97
5.49
5.65
Tangible Book Value per Share
6.65
7.35
8.35
8.49
9.4
9.43
10.99
11.76
12.5
11.59
12.61
13.68
11.32
11.13
Basic Weighted Avg Shares
19
20
24
30
35
38
43
44
44
44
44
44
46
48
Sales/Revenue/Turnover
83
84
98
116
140
163
195
220
228
242
183
187
-31
-27
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
3
4
4
5
6
7
10
12
14
13
12
12
12
13
Net Income, GAAP
20
18
21
24
33
53
67
68
87
93
28
35
-150
-148
Effective Tax Rate (%)
26.18
25.38
26.03
26.9
30.94
16.43
16.66
12.59
14.99
11.53
28.25
- -
- -
52.13
Profit Margin (%)
24.06
21.42
21.01
20.64
23.61
32.66
34.08
31.15
38.15
38.67
15.31
18.9
480.68
546.63
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
108
149
192
181
386
394
447
481
697
742
900
1,256
316
316
Total Equity
165
194
267
341
457
492
656
692
723
677
719
764
688
699
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
17.21
14.05
14.43
15.26
18.94
25.94
26.95
23.99
26.19
23.55
6.52
8.19
-43.55
-40.85

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
459
316
316
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
51
51
51
Market Capitalization
715
788
800

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
984
649
780
Accounts Receivable, Net
29
30
29
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
12
13
9
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.9%
0.12%
-9.87%
Free Cash Flow
580.11%
1,121.22%
5,684.66%
Net Income, GAAP
-39.03%
-106.75%
-524.74%
Sales/Revenue/Turnover
-4.07%
-25.77%
-116.7%
Total Cash Common Dividend
17.82%
7.03%
4.09%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
52
55
57
23
187
2025
68
65
-238
74
-31
2026
72
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.32
0.42
-0.25
0.81
2025
0.55
0.47
-4.69
0.53
-3.24
2026
0.51
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.16
0.16
0.16
0.65
2025
0.16
0.16
0.15
0.16
0.63
2026
0.16
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Thomas Prame
Full Time Employees
841
Sector
Financial Services
Industry
Banks - Regional
Address
515 Franklin Street Michigan City IN United States of America 46360
IPO Date
Jan 9, 2002
Business
Horizon Bancorp, Inc. (NASDAQ: HBNC) is the bank holding company for Horizon Bank, a full-service commercial bank that provides commercial and retail banking services; corporate and individual trust and agency services; checking, savings, money market, certificate of deposit, and time deposit accounts; non-interest- and interest-bearing demand deposits; commercial, residential real estate, mortgage warehouse, consumer, land and home equity, auto, agriculture, and equipment financing loans; treasury management solutions; private wealth management; and digital and mobile banking tools to businesses and individuals across Midwestern markets. The bank operates approximately 71 full-service branches strategically located in 39 counties throughout Indiana and Michigan, with additional national reach for equipment financing to small- and mid-sized enterprises. Founded in 1873 and headquartered in Michigan City, Indiana, Horizon Bancorp serves diverse industries in attractive communities including multinational companies, supplier ecosystems, professional services firms, and college towns through subsidiaries such as Horizon Investments, Inc., Horizon Properties, Inc., and Horizon Insurance Services, Inc. In 2025, the company executed a major balance sheet repositioning, completing a $98.6 million common stock offering of 7.14 million shares, issuing $100 million in fixed-to-floating rate subordinated notes due 2035 at 7.00% fixed until 2030, selling $1.7 billion in securities for a $299.1 million pre-tax loss, prepaying $700 million in FHLB advances, redeploying $600 million into higher-yielding securities at 5.27%, signing letters of intent to sell $190 million in indirect auto loans, reducing over $125 million in non-core deposits, and planning redemption of $56.5 million in prior subordinated notes on October 1.

Company News

APIChatGPT
  • 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

  • Deprince Race & Zollo Inc. Purchases 40,913 Shares of Horizon Bancorp (IN) $HBNC

  • Horizon Bancorp, Inc. Announces Conference Call to Review First Quarter Results on April 23

  • Horizon Bancorp (IN) (NASDAQ:HBNC) Given Average Recommendation of “Hold” by Analysts

  • Head to Head Analysis: Eastern Bankshares (NASDAQ:EBC) versus Horizon Bancorp (IN) (NASDAQ:HBNC)

  • Horizon Bancorp (IN) (NASDAQ:HBNC) Receives Average Recommendation of “Hold” from Brokerages

  • Jupiter Asset Management Ltd. Invests $684,000 in Horizon Bancorp (IN) $HBNC

  • Horizon Bancorp (IN) (NASDAQ:HBNC) Short Interest Down 14.9% in January

  • Horizon Bancorp (IN) (NASDAQ:HBNC) Given Average Recommendation of “Hold” by Brokerages

  • Horizon Bancorp (IN) (NASDAQ:HBNC) and CF Bankshares (NASDAQ:CFBK) Head to Head Survey

  • New Strong Sell Stocks for February 5th