Horizon Bancorp, Inc. (NASDAQ: HBNC) is a Financial Services company in the Banks - Regional industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | - | EPS (ttm) | -3.16 | Insider Own | 3.60% | Shs Outstand | 51.33M | Perf Week | 0.43% |
| Market Cap | 1.07B | Forward P/E | 9.33 | EPS next Y | 2.23 | Insider Trans | -0.36% | Shs Float | 50.21M | Perf Month | 4.31% |
| Enterprise Value | 326.66M | PEG | - | EPS next Q | 0.53 | Inst Own | - | Short Float | 2.99% | Perf Quarter | 15.17% |
| Income | -144.00M | P/S | 11.12 | EPS this Y | 167.28% | Inst Trans | - | Short Ratio | 2.95 | Perf Half Y | 15.81% |
| Sales | 96.00M | P/B | 1.47 | EPS next Y | 4.89% | ROA | -2.19% | Short Interest | 1.50M | Perf YTD | 22.64% |
| Book/sh | 14.14 | P/C | 0.95 | EPS next 5Y | 4.89% | ROE | -20.76% | 52W High | 21.04 -1.14% | Perf Year | 38.57% |
| Cash/sh | 21.82 | P/FCF | 16.72 | EPS past 3/5Y | - | ROIC | -12.27% | 52W Low | 14.84 40.16% | Perf 3Y | 65.08% |
| Dividend Est. | 0.64 (3.08%) | EV/EBITDA | - | Sales past 3/5Y | -28.18% -16.52% | Gross Margin | -12.57% | Volatility | 2.11% 2.24% | Perf 5Y | 28.63% |
| Dividend TTM | 0.64 (3.08%) | EV/Sales | 3.40 | EPS Y/Y TTM | -495.00% | Oper. Margin | -197.96% | ATR (14) | 0.48 | Perf 10Y | 74.94% |
| Dividend Ex-Date | Jul 02, 2026 | Quick Ratio | 0.20 | Sales Y/Y TTM | -72.96% | Profit Margin | -150.89% | RSI (14) | 62.70 | Recom | 2.33 |
| Dividend Gr. 3/5Y | 1.06% 5.92% | Current Ratio | 0.20 | EPS Q/Q | 4.26% | SMA20 | 3.04% | Beta | 0.80 | Target Price | 21.50 |
| Payout | -16.32% | Debt/Eq | 0.59 | Sales Q/Q | 0.00% | SMA50 | 5.94% | Rel Volume | 1.01 | Prev Close | 20.77 |
| Employees | 491 | LT Debt/Eq | 0.46 | Earnings | Oct 28 | SMA200 | 17.02% | Avg Volume | 607.56K | Price | 20.80 |
| IPO Date | Jan 09, 2002 | Option/Short | Yes / Yes | EPS/Sales Surpr. | -3.92% -1.37% | Net Debt/EBITDA | -0.90 | Volume | 612,598 | Change | 0.14% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Jul-24-26 | Reiterated | Piper Sandler | Neutral | $21 → $23 |
| Apr-27-26 | Reiterated | Piper Sandler | Neutral | $18 → $21 |
| Mar-27-26 | Reiterated | Stephens | Overweight | $22 → $20 |
| Sep-02-25 | Reiterated | Stephens & Co. | Overweight | $22 |
| Aug-26-25 | Upgrade | Keefe, Bruyette & Woods | Market Perform → Outperform | |
| Jul-29-24 | Reiterated | Piper Sandler | Neutral | $13 → $18 |
| Apr-29-24 | Reiterated | Piper Sandler | Neutral | $13 |
| Jul-06-23 | Downgrade | Raymond James | Outperform → Market Perform | |
| Feb-22-23 | Downgrade | Piper Sandler | Overweight → Neutral | |
| Oct-28-22 | Downgrade | Keefe, Bruyette & Woods | Outperform → Market Perform |
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.
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| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 96 | 103 | 355 | 319 | 278 | 247 | 254 | 243 | 194 | |
| Cost of Goods Sold Incl. D&A | 108 | 134 | 173 | 139 | 35 | 16 | 55 | 50 | 35 | |
| Gross Profit | -12 | -30 | 182 | 180 | 243 | 230 | 199 | 193 | 160 | |
| Selling, General and Administrative Excl. Other | 116 | 108 | 93 | 85 | 83 | 76 | 73 | 65 | 58 | |
| Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Operating Expense | 62 | 61 | 62 | 56 | 55 | 52 | 48 | 48 | 38 | |
| Operating Income | -189 | -200 | 27 | 39 | 106 | 102 | 78 | 80 | 64 | |
| Interest Expense | 109 | 133 | 168 | 137 | 37 | 18 | 34 | 48 | 32 | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 107 | 132 | 168 | 137 | 37 | 18 | 34 | 48 | 32 | |
| Net Income Before Taxes | -190 | -201 | 27 | 39 | 106 | 102 | 78 | 80 | 64 | |
| Income Taxes | -46 | -51 | -8 | 11 | 12 | 15 | 10 | 13 | 10 | |
| Consolidated Net Income | -144 | -150 | 35 | 28 | 93 | 87 | 68 | 67 | 53 | |
| Net Income From Continuing Operations | -144 | -150 | 35 | 28 | 93 | 87 | 68 | 67 | 53 | |
| Net Income | -144 | -150 | 35 | 28 | 93 | 87 | 68 | 67 | 53 | |
| EPS (Recurring) | -3.16 | -3.14 | 0.81 | 0.64 | 2.14 | 1.99 | 1.56 | 1.53 | 1.39 | |
| EPS (Basic, Before Extraordinaries) | -3.16 | -3.14 | 0.81 | 0.64 | 2.14 | 1.99 | 1.56 | 1.53 | 1.39 | |
| EPS (Diluted) | -3.16 | -3.15 | 0.80 | 0.64 | 2.14 | 1.98 | 1.55 | 1.53 | 1.38 | |
| EBITDA | -179 | -188 | 40 | 51 | 119 | 116 | 91 | 90 | 70 | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | — | — | 20.14 | 22.36 | 7.05 | 10.53 | 10.23 | 12.42 | 11.43 | |
| Price To Sales Ratio | 11.05 | 8.40 | 2.00 | 1.97 | 2.39 | 3.71 | 2.75 | 3.36 | 3.09 | |
| Gross Margin | -12.50 | -29.13 | 51.27 | 56.43 | 87.41 | 93.12 | 78.35 | 79.42 | 82.47 | |
| Operating Margin | -196.88 | -194.17 | 7.61 | 12.23 | 38.13 | 41.30 | 30.71 | 32.92 | 32.99 | |
| Net Margin | -150.00 | -145.63 | 9.86 | 8.78 | 33.45 | 35.22 | 26.77 | 27.57 | 27.32 | |
| Shares Outstanding | 51 | 51 | 44 | 44 | 44 | 44 | 44 | 43 | 38 | |
| Market Capitalization | 1,061 | 865 | 709 | 630 | 664 | 917 | 698 | 817 | 600 | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| DeRuiter Kathie A | Executive Vice President | Jul 27 '26 | Sale | 20.19 | 8,000 | 161,520 | 50,346 | Jul 29 |
| WALKER BRIAN C | Director | Apr 28 '26 | Buy | 18.36 | 1,306 | 23,978 | 6,830 | Apr 29 |
| MAGNESEN LARRY S | Director | Nov 24 '25 | Buy | 16.41 | 4,000 | 65,640 | 7,262 | Nov 25 |
| Samuels Michele Annette | Director | Aug 22 '25 | Buy | 14.50 | 1,724 | 24,998 | 4,986 | Aug 25 |
| Blackhurst Eric P. | Director | Aug 22 '25 | Buy | 14.50 | 1,724 | 24,998 | 26,298 | Aug 25 |
| Prame Thomas M | Chief Executive Officer | Aug 22 '25 | Buy | 14.50 | 1,034 | 14,993 | 47,521 | Aug 25 |
| Ahern Kevin | Director | Aug 22 '25 | Buy | 14.50 | 6,896 | 99,992 | 16,896 | Aug 25 |
| Stewart John R | EVP - Chief Financial Officer | Aug 22 '25 | Buy | 14.50 | 1,724 | 24,998 | 79,745 | Aug 25 |
| DWIGHT CRAIG M | Director | Feb 19 '25 | Sale | 17.14 | 10,000 | 171,400 | 463,139 | Feb 20 |
| Etzler Todd A. | Executive Vice President & GC | Dec 04 '24 | Sale | 17.99 | 590 | 10,614 | 0 | Dec 05 |
| DeRuiter Kathie A | Executive Vice President | Dec 04 '24 | Sale | 17.99 | 14,909 | 268,213 | 0 | Dec 05 |
| Kerber Lynn | EVP & SCCO | Dec 04 '24 | Sale | 17.99 | 1,748 | 31,447 | 0 | Dec 05 |
| SECOR MARK E | Executive Vice President | Dec 04 '24 | Sale | 17.99 | 19,439 | 349,708 | 0 | Dec 05 |
| AARON SUSAN D | Director | May 26 '23 | Buy | 9.38 | 853 | 8,001 | 51,263 | Jun 08 |
| Etzler Todd A. | Executive Vice President & GC | May 03 '23 | Buy | 9.35 | 1,100 | 10,285 | 17,143 | May 03 |