Horizon Bancorp (HBNC)

Currency in USD
20.45
-0.13(-0.63%)
Closed·
20.450.00(0.00%)
·
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Fair Value
Day's Range
20.3220.72
52 wk Range
14.8421.04
Key Statistics
Prev. Close
20.58
Open
20.58
Day's Range
20.32-20.72
52 wk Range
14.84-21.04
Volume
541.18K
Average Volume (3m)
602.69K
1-Year Change
32.0207%
Book Value / Share
14.15
Fair Value
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Fair Value Upside
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HBNC Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
22.50
Upside
+10.02%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year

Horizon Bancorp News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Analyst Ratings

4 Buy
1 Hold
0 Sell
Ratings:
5 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 22.50
(+10.02% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Piper Sandler
Hold23.00+12.47%21.00MaintainJul 24, 2026
Keefe, Bruyette & Woods
Buy23.00+12.47%21.00MaintainJul 24, 2026
Piper Sandler
Hold21.00+2.69%22.00MaintainApr 27, 2026
Stephens
Buy20.00-2.20%-New CoverageMar 27, 2026
Keefe, Bruyette & Woods
Buy21.00+2.69%19.00MaintainJan 23, 2026

Horizon Bancorp Earnings Call Summary for Q2/2026

  • Horizon Bancorp Q2 2026 EPS of $0.49 missed estimates by $0.02; revenue of $75.5M fell short by $1.06M, pressuring shares down 4.28% to $19.35.
  • Net interest margin expanded 8 bps to 4.37%; credit quality remained strong with net charge-offs at just 5 bps annualized and NPLs at 0.70% of loans.
  • One-time legal charge of $3.1M (~$0.05/share) impacted results; commercial loans grew 5.7% annualized while deposits rose ~5% year-to-date.
  • Management maintained FY2026 guidance: NII growth in low teens, NIM of 4.30%-4.35% in H2, expenses in low-to-mid $160M range excluding legal charge.
  • Executives emphasized relationship banking over rate competition; expect mid-single digit loan/deposit growth with elevated CRE payoffs in Q3 normalizing in Q4.
Last Updated: 07/23/2026, 09:40 PM
Read Full Transcript

Earnings

Latest Release
Jul 22, 2026
EPS / Forecast
0.49 / 0.51
Revenue / Forecast
75.5M / 76.56M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -2.87%
Dividend Yield
3.10%
Industry Median 2.83%
Annualized payout
0.64
Paid quarterly
5-Years Growth
+5.06%
Growth Streak

HBNC Income Statement

Compare HBNC to Peers and Sector

Metrics to compare
HBNC
Peers
Sector
Relationship
P/E Ratio
−7.3x11.0x10.0x
PEG Ratio
0.021.170.03
Price/Book
1.4x1.4x1.0x
Price / LTM Sales
−84.9x4.0x2.9x
Upside (Analyst Target)
11.8%2.4%13.9%
Fair Value Upside
Unlock−13.4%2.8%Unlock

Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides commercial and retail banking services to individuals and corporate clients in Indiana and Michigan in the United States. The company offers checking, savings, money market, certificates of deposit, and time deposit accounts, as well as non-interest and interest-bearing demand deposits. It also provides commercial loans, residential real estate loans, mortgage warehouse loans, and consumer loans; home equity loans and lines; auto loans; personal loans and lines; business loans and lines; SBA loans; public fund, medical practice, and franchise financing; and equipment finance solutions. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; debit and credit cards; treasury management; and remote deposit, merchant processing, online payment portal, lockbox, smart safe, ACH origination, online bill pay, wire transfer, and positive and reverse positive pay services, as well as sells various life insurance products. Further, it provides online and mobile banking; health savings accounts; wealth management, financial planning, investment management, and insurance services; retirement services, including individual retirement accounts (IRAs), business IRAs, and employee benefit plans; and estate planning and settlement services. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.

Sector
Financial
Employees
478

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
14.94M29.24%308.75M
Other Institutional Investors
23.32M45.64%482.00M
Public Companies & Retail Investors
12.84M25.12%265.34M
Total
51.09M100.00%1.06B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.12.86%6,572,304135,850
Vanguard Capital Management, LLC4.36%2,227,58446,044

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FAQ

What Is the Horizon Bancorp (HBNC) Stock Price Today?

The Horizon Bancorp stock price today is 20.45 USD.

What Stock Exchange Does Horizon Bancorp Trade On?

Horizon Bancorp is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Horizon Bancorp?

The stock symbol for Horizon Bancorp is "HBNC."

Does Horizon Bancorp Pay Dividends? What’s The Current Dividend Yield?

The Horizon Bancorp dividend yield is 3.13%.

What Is the Horizon Bancorp Market Cap?

As of today, Horizon Bancorp market cap is 1.05B USD.

What Is Horizon Bancorp's Earnings Per Share (TTM)?

The Horizon Bancorp EPS (TTM) is -2.87.

When Is the Next Horizon Bancorp Earnings Date?

Horizon Bancorp will release its next earnings report on Oct 28, 2026.

From a Technical Analysis Perspective, Is HBNC a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Horizon Bancorp Stock Split?

Horizon Bancorp has split 6 times.

How Many Employees Does Horizon Bancorp Have?

Horizon Bancorp has 478 employees.

What is the current trading status of Horizon Bancorp (HBNC)?

As of Jul 31, 2026, Horizon Bancorp (HBNC) is trading at a price of 20.45 USD, with a previous close of 20.58 USD. The stock has fluctuated within a day range of 20.32 USD to 20.72 USD, while its 52-week range spans from 14.84 USD to 21.04 USD.

What Is Horizon Bancorp (HBNC) Price Target According to Analysts?

The average 12-month price target for Horizon Bancorp is 22.50 USD, with a high estimate of 23 USD and a low estimate of 21 USD. 4 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +10.02% Upside potential.
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