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NASDAQ · Banks - Regional · USD

Horizon Bancorp, Inc. (HBNC) Stock Analysis

Horizon Bancorp, Inc. (HBNC) is a Banks - Regional stock listed on NASDAQ and quoted in US Dollar.

HBNC

$19.91

+$0.24 (+1.22%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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HBNC Key Statistics

As of Sep 4, 2026
Trading
Open
$19.65
Previous Close
$19.67
Day's Range
19.65–19.97
52-Week Range
14.97–21.04
Volume
430.20K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.80
Valuation
Market Cap
$1.02B
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
8.93
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.80
EPS (ttm)Profit attributable to each share over the last twelve months.
−3.30
Financials (FY)
Revenue (FY)
−$31.31M−116.70%
Net Income (FY)
−$150.48M−524.74%
Profit marginThe share of revenue left as profit after all costs and taxes.
0.00%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
51.34M
1-Year Return
+22.83%
Dividend and dates
Dividend
$0.64+3.22%
Ex-Dividend Date
July 2, 2026
Earnings Date
October 21, 2026estimated
Avg Volume
662.45K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

HBNC Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+20.60%
2025+9.76%
2024+18.19%
2023+0.43%
2022−25.26%
2021+35.43%
2020−12.86%
2019+23.69%
2018−13.14%
2017+1.06%
2016 (partial year)+55.10%

As of September 4, 2026.

HBNC Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025−$31.31M−$150.48M480.7%
2024$187.50M$35.43M18.9%
2023$182.76M$27.98M15.3%
2022$241.56M$93.41M38.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025−$31.31M−$150.48M480.7%
2024$187.50M$35.43M18.9%
2023$182.76M$27.98M15.3%
2022$241.56M$93.41M38.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

HBNC Dividend History

$0.64+0.0% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.483
2025$0.644+0.0%
2024$0.644+0.0%
2023$0.644+3.2%
YearDividends per sharePaymentsChange
2026 (partial year)$0.483
2025$0.644+0.0%
2024$0.644+0.0%
2023$0.644+3.2%
2022$0.624+17.0%
2021$0.534+10.4%
2020$0.484+9.1%
2019$0.444+13.8%
2018$0.394+20.8%
2017$0.324+380.0%
2016$0.071

Most recent payment: $0.16 per share, ex-dividend July 2, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

HBNC Valuation vs Banks - Regional Median

Median of 380 stocks
MetricHBNCBanks - Regional medianvs median
Profit margin0.00%29.15%29.1 pts below

Medians across 380 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Horizon Bancorp, Inc. (HBNC) carries a market capitalisation of $1.02B. The company sits in the Financial Services sector, in the Banks - Regional industry. Headcount on file is 465.

The 52-week range on file runs from $14.97 to $21.04. The most recent close on file for HBNC is $19.91, dated September 4, 2026. That is +$0.24 (+1.22%) against the previous close. The latest close sits 33% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to −$31.31M. Against the prior fiscal year total of $187.50M, that is a change of −116.70%. The same year closed with a net loss of $150.48M. Profit margin runs at 0%. That is 29.1 percentage points below the Banks - Regional median of 29.15%. Trailing earnings per share are −3.3.

Across the 4 fiscal years on file, revenue moves from $241.56M in 2022 to −$31.31M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. On forward earnings the ratio is 8.93. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.8.

The trailing one-year price return is +22.83%. Measured over 10 years, that is +8.58% a year compounded. The reported beta is 0.8. Annualized volatility over the trailing 10 years is 36.89%.

Growth & Income

Shareholders receive a dividend, yielding 3.22% on the latest price. That is 0.5 percentage points above the Banks - Regional median yield of 2.7%. At the indicated rate that is $0.64 a share a year. The ex-dividend date on file is July 2, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $0.48 a share. The year before, 2025, totalled $0.64 a share.

The strongest complete calendar year on file is 2021 at +35.43%; the weakest is 2022 at −25.26%. Of the 9 complete calendar years on file, 6 finished higher. 2026 is still running; the price is +20.60% year to date.

Peer Comparison

Horizon Bancorp, Inc. (HBNC) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Horizon Bancorp, Inc. HBNC $1.02B
Mizuho Financial Group, Inc. MFG $135.92B 16.0
HDFC Bank Limited HDB $119.10B 16.0
ICICI Bank Limited IBN $108.74B 18.7

The Banks - Regional industry average P/E ratio is 12.6x. Horizon Bancorp, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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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.

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