TheEdgeResearch
Home / Stocks / HBNC

Horizon Bancorp, Inc. (HBNC)

NASDAQ Financial Services Banks - Regional
$20.49 ▲ +0.56%
Market Cap
$1.05B
Sector
Financial Services
Industry
Banks - Regional
Beta
0.81
52-Wk Range
14.84-21.04
CEO
Thomas Prame
Country
US
Currency
USD

Horizon Bancorp, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Michigan City, IN, US. The stock last traded at $20.49, up 0.56% on the session, giving a market capitalisation of $1.05B. On trailing twelve-month figures it carries a trailing P/E of -6.49, a net margin of -150.9%. Its beta of 0.81 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-6.49
Price / Sales
11.02
Price / Book
1.44
EV / EBITDA
-6.76
Gross margin
-12.6%
Operating margin
-198.0%
Net margin
-150.9%
Return on equity
Debt / equity
0.52
Current ratio
0.21
Dividend yield
3.1%
Payout ratio
-16.3%
Company profile
Exchange
NASDAQ Global Select
Employees
478
IPO date
2002-01-09
Headquarters
Michigan City, IN, US
About Horizon Bancorp, Inc.

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.

Comparable companies

Horizon Bancorp, Inc. is most often compared with the following Financial Services names:

AMTBCCBGCCNEFSBCHTBMBWMMCBNBBKNBNTRST
More research on HBNC
HBNC technical analysis HBNC TheEdge Score Compare against peers
Open full interactive analysis & DCF →