Horizon Bancorp, Inc. HBNC
At closeNov 6, 2026, 4:00 PM EST
After hours · Nov 6, 4:00 PM ET
- YTD
- +22.70%
- 1 year
- +31.21%
- Market cap
- 1.06B
- Revenue (ttm)
- 296.78M
- Profit margin
- 35.94%
- EPS (ttm)
- 2.26
- Shares out
- 51.11M
- P/E ratio
- 9.21
- Forward P/E
- 9.27
- Dividend
- 0.64 (3.07%)
- Ex-dividend date
- Oct 1, 2026
- YTD return
- +22.70%
- 1-year return
- +31.21%
- Volume
- 269.75K
- Avg volume
- 567.04K
- Open
- 20.66
- Previous close
- 20.85
- Day's range
- 20.66 – 21.07
- 52-week range
- 15.43 – 22.00
- Beta
- 0.82
- Analysts
- Strong Buy
- Price target
- 23.80 (+14.4%)
- Earnings date
- Jan 20, 2027
YTD +4.27 (+25.82%)
Key statistics
- Enterprise value
- 1.18B
- PEG ratio
- 0.80
- Price / sales
- 3.58
- Price / book
- 1.52
- Dividend yield
- 3.07%
- Payout ratio
- 54.70%
- Revenue growth
- 0.00%
- Free cash flow
- 0
- Total cash
- 214.28M
- Total debt
- 330.78M
- Return on equity
- 15.69%
- Short % of float
- 5.37%
- 50-day average
- 19.71
- 200-day average
- 18.77
Analyst view
Consensus: strong buy
- Target (low)
- 23.00
- Target (mean)
- 23.80
- Target (high)
- 25.00
- Strong buy2
- Buy3
- Hold0
- Sell0
- Strong sell0
Next earnings
Jan 20, 2027
Expected Jan 20, 2027. Consensus EPS estimate 0.544.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jan 20, 2027 | Dec 30, 2026 | 0.55 | — | — | — |
| Oct 21, 2026 | Sep 30, 2026 | 0.536 | 0.56 | +0.02 | +4.48% |
| Jul 22, 2026 | Jun 30, 2026 | 0.51 | 0.49 | -0.02 | -3.92% |
| Apr 22, 2026 | Mar 31, 2026 | 0.48 | 0.51 | +0.03 | +6.25% |
| Jan 21, 2026 | Dec 31, 2025 | 0.50 | 0.53 | +0.03 | +6.00% |
| Oct 22, 2025 | Sep 30, 2025 | 0.46 | 0.30 | -0.16 | -34.78% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 26, 2026 | Stephens & Co. | main | Overweight | Overweight |
| Oct 23, 2026 | Piper Sandler | main | Overweight | Overweight |
| Oct 2, 2026 | Piper Sandler | up | Neutral | Overweight |
| Jul 24, 2026 | Keefe, Bruyette & Woods | main | Outperform | Outperform |
| Jul 24, 2026 | Piper Sandler | main | Neutral | Neutral |
| Jul 1, 2026 | Stephens & Co. | reit | Overweight | Overweight |
About Horizon Bancorp, Inc.
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 Services
- Industry
- Banks - Regional
- Country
- United States
- Website
- horizonbank.com
News
Stephens & Co. Maintains Overweight on Horizon Bancorp, Raises Price Target to $24 
Piper Sandler Maintains Overweight on Horizon Bancorp, Raises Price Target to $25 
Horizon Bancorp Q3 EPS $0.56 Beats $0.54 Estimate, Sales $77.089M Miss $77.922M Estimate 
This Wells Fargo Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday 
This Hewlett Packard Enterprise Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday 
Piper Sandler Upgrades Horizon Bancorp to Overweight, Raises Price Target to $24 
Transcript: Horizon Bancorp Q2 2026 Earnings Conference Call 
Keefe, Bruyette & Woods Maintains Outperform on Horizon Bancorp, Raises Price Target to $23 - Piper Sandler Maintains Neutral on Horizon Bancorp, Raises Price Target to $23
- Horizon Bancorp Q2 Adj. EPS $0.54 Beats $0.51 Estimate, Sales $75.504M Miss $76.412M Estimate
Your note
Sign in to keep a note on HBNC — it syncs with the Stock Master app.
Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BLACKHURST ERIC P | Director | Stock Award(Grant) | Aug 25, 2026 | 29,588 |
| DERUITER KATHIE A | Officer | Sale | Jul 26, 2026 | 50,346 |
| DWIGHT CRAIG M | Director | Stock Award(Grant) | Mar 13, 2025 | 517,084 |
| DWORKIN JAMES BARNET | Director | Stock Award(Grant) | Jun 8, 2025 | 58,461 |
| ETZLER TODD A | General Counsel | Stock Award(Grant) | Mar 16, 2026 | 32,256 |
| KERBER LYNN M | Officer | Stock Award(Grant) | Mar 16, 2026 | 30,646 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 14.03% | 7,201,718 | 149.87M | Jun 29, 2026 |
| Alliancebernstein L.P. | 4.35% | 2,235,822 | 46.53M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.29% | 2,203,515 | 45.86M | Jun 29, 2026 |
| PL Capital Advisors, LLC | 3.53% | 1,812,825 | 37.72M | Jun 29, 2026 |
| State Street Corporation | 3.52% | 1,808,272 | 37.63M | Jun 29, 2026 |
| Jennison Associates LLC | 3.20% | 1,644,321 | 34.22M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.03% | 1,556,604 | 32.39M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.67% | 1,372,097 | 28.55M | Sep 29, 2026 |
| SPDR SERIES TRUST-State Street SPDR S&P Regional Banking ETF | 1.54% | 789,213 | 16.42M | Sep 29, 2026 |
| BlackRock Funds-BlackRock Advantage Small Cap Core Fund | 1.45% | 744,862 | 15.50M | Aug 30, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund | 1.16% | 596,086 | 12.40M | Jun 29, 2026 |
| Fidelity Salem Street Trust-Fidelity Small Cap Index Fund | 1.09% | 560,702 | 11.67M | Aug 30, 2026 |