Horizon Bancorp Company Profile (NASDAQ:HBNC)

Analyst Ratings

Consensus Ratings for Horizon Bancorp (NASDAQ:HBNC) (?)
Ratings Breakdown: 1 Hold Rating(s), 4 Buy Rating(s)
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $29.33 (6.59% upside)

Analysts' Ratings History for Horizon Bancorp (NASDAQ:HBNC)
Show:
DateFirmActionRatingPrice TargetActions
7/28/2016Keefe, Bruyette & WoodsBoost Price TargetOutperform$29.00 -> $31.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/14/2016FIG PartnersUpgradeMarket Perform -> OutperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/27/2016Raymond James Financial Inc.Lower Price TargetOutperform$28.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/7/2016Sandler O'NeillDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/2/2015StephensInitiated CoverageOverweight$29.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/30/2014 forward)

Earnings

Earnings History for Horizon Bancorp (NASDAQ:HBNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
10/20/2016        
7/27/2016Q2$0.55$0.57ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/25/2016Q1$0.52$0.44ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/25/2016Q415$0.59$0.50ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2015Q3$0.57$0.56ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2015Q2$0.56$0.53ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/22/2015Q115$0.50$0.48ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/22/2015Q414$0.55$0.51ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/22/2014Q3$0.54$0.52ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2014Q214$0.51$0.50ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/21/2014Q114$0.42$0.40$20.15 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/23/2013Q412$0.59$0.56$22.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Horizon Bancorp (NASDAQ:HBNC)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.53$0.53$0.53
Q2 20161$0.55$0.55$0.55
Q3 20161$0.57$0.57$0.57
Q4 20161$0.56$0.56$0.56
Q1 20171$0.55$0.55$0.55
Q2 20171$0.60$0.60$0.60
Q3 20171$0.64$0.64$0.64
Q4 20171$0.65$0.65$0.65
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Horizon Bancorp (NASDAQ:HBNC)
Annual Dividend:$0.60
Dividend Yield:2.18%
Payout Ratio:32.79% (Based on Trailing 12 Months of Earnings)
28.17% (Based on Current Year Consensus EPS Estimate)
24.39% (Based on Next Year Consensus EPS Estimate)

Dividend History for Horizon Bancorp (NASDAQ:HBNC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
6/27/2016quarterly$0.152.49%7/6/20167/8/20167/22/2016Tweet This Announcement  Share This Announcement on StockTwits
3/22/2016quarterly$0.152.41%4/6/20164/8/20164/22/2016Tweet This Announcement  Share This Announcement on StockTwits
12/21/2015quarterly$0.152.17%1/6/20161/8/20161/22/2016Tweet This Announcement  Share This Announcement on StockTwits
9/18/2015quarterly$0.152.42%9/30/201510/2/201510/16/2015Tweet This Announcement  Share This Announcement on StockTwits
6/22/2015quarterly$0.142.24%6/24/20156/26/20157/10/2015Tweet This Announcement  Share This Announcement on StockTwits
3/23/2015quarterly$0.142.42%3/31/20154/3/20154/17/2015Tweet This Announcement  Share This Announcement on StockTwits
12/19/2014quarterly$0.142.12%12/30/20141/2/20151/16/2015Tweet This Announcement  Share This Announcement on StockTwits
9/19/2014quarterly$0.132.29%10/1/201410/3/201410/17/2014Tweet This Announcement  Share This Announcement on StockTwits
6/23/2014quarterly$0.132.43%7/1/20147/3/20147/18/2014Tweet This Announcement  Share This Announcement on StockTwits
3/26/2014quarterly$0.112%4/2/20144/4/20144/18/2014Tweet This Announcement  Share This Announcement on StockTwits
12/23/2013quarterly$0.111.73%12/31/20131/3/20141/17/2014Tweet This Announcement  Share This Announcement on StockTwits
9/20/2013quarterly$0.111.91%10/2/201310/4/201310/18/2013Tweet This Announcement  Share This Announcement on StockTwits
6/24/2013quarterly$0.102%6/26/20136/28/20137/12/2013Tweet This Announcement  Share This Announcement on StockTwits
3/27/2013quarterly$0.101.96%4/3/20134/5/20134/19/2013Tweet This Announcement  Share This Announcement on StockTwits
12/17/2012quarterly$0.102.08%12/20/201212/24/201212/31/2012Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Horizon Bancorp (NASDAQ:HBNC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
6/1/2016Craig M DwightCEOSell10,000$24.67$246,700.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/20/2016Thomas H EdwardsEVPSell2,000$24.00$48,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/2/2016James D NeffEVPBuy1,674$24.67$41,297.58View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/2/2016Steven William ReedDirectorBuy2,211$24.41$53,970.51View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/29/2016Kathie A DeruiterEVPSell1,000$24.40$24,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/29/2016Mark E SecorCFOSell3,000$24.39$73,170.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/2/2015David G. RoseEVPSell3,500$26.28$91,980.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/30/2015David G. RoseEVPSell3,500$26.68$93,380.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/1/2015Kathie A. DeruiterinsiderSell2,250$23.55$52,987.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/3/2015Craig M DwightCEOSell15,697$23.97$376,257.09View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/21/2015Mark E SecorEVPSell5,400$24.28$131,112.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/4/2015James D NeffEVPBuy1,500$23.25$34,875.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/26/2015Robert E SwinehartDirectorBuy1,000$22.62$22,620.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/6/2014Daniel F HoppDirectorBuy4,810$21.69$104,328.90View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/13/2014David G RoseEVPBuy1,388$21.81$30,272.28View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/29/2014Thomas H EdwardsEVPSell1,937$21.93$42,478.41View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/21/2014Peter PairitzDirectorBuy5,000$19.75$98,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/2/2014James NeffEVPBuy1,500$20.20$30,300.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/29/2014Robert SwinehartDirectorBuy1,000$20.25$20,250.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/25/2014Lawrence BurnellDirectorBuy1,000$20.50$20,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/24/2014Robert SwinehartDirectorBuy1,000$20.45$20,450.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/31/2014James NeffEVPBuy1,000$22.30$22,300.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/23/2013James D NeffInsiderBuy1,500$19.39$29,085.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/23/2013Peter L PairitzDirectorBuy4,000$19.41$77,640.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/22/2013Robert E SwinehartDirectorBuy1,000$20.40$20,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/6/2013Daniel F HoppDirectorBuy5,000$20.09$100,450.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/13/2012Susan D AaronDirectorBuy1,336$19.01$25,397.36View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/21/2012James D NeffInsiderBuy2,500$17.50$43,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/19/2012Spero W ValavanisDirectorBuy2,000$17.00$34,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/13/2012Larry N MiddletonDirectorBuy2,682$18.09$48,517.38View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/2/2012Craig M DwightCEOSell11,500$28.98$333,270.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/31/2012Daniel F HoppDirectorBuy1,500$29.05$43,575.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Horizon Bancorp (NASDAQ:HBNC)
DateHeadline
07/26/16 03:37 PMHORIZON BANCORP /IN/ Files SEC form 8-K/A, Other Events -
07/20/16 07:56 AMHorizon Bancorp (HBNC) is Overbought: Is A Drop Coming? -
07/19/16 04:09 PMHorizon Bancorp (Indiana) : HBNC-US: Dividend Analysis : July 08th, 2016 (record date) : By the numbers : July 19, 2016 -
07/18/16 08:05 AMHORIZON BANCORP /IN/ Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Change in Directors or P -
07/18/16 08:00 AMHorizon Bancorp Announces Closing of LaPorte Bancorp, Inc. Merger - [Business Wire] - Horizon Bancorp , the parent of Horizon Bank, N.A., today announced the completion of the acquisition of LaPorte Bancorp, Inc. and its wholly-owned subsidiary, The LaPorte Savings Bank, of LaPorte, Indiana, effective July 18, 2016.
07/13/16 04:46 PMHorizon Bancorp (HBNC), CNB Bancorp Enter Merger Agreement
07/12/16 03:44 PMHorizon Bancorp to buy CNB Bancorp -
07/12/16 03:33 PMHorizon Bancorp and CNB Bancorp Announce the Signing of a Merger Agreement - [at noodls] - MICHIGAN CITY, Ind. & ATTICA, Ind.--(BUSINESS WIRE)-- Horizon Bancorp (NASDAQ: HBNC) ('Horizon') and CNB Bancorp today announced they have executed a definitive merger agreement (the 'Merger Agreement') ...
06/22/16 09:02 AMBank Merger Nears Completion
06/17/16 08:18 AMHorizon Bancorp and LaPorte Bancorp receive approval for merger -
06/16/16 03:49 PMHorizon Bancorp and LaPorte Bancorp, Inc. Announce Receipt of Regulatory Approvals and Election Deadline - [at noodls] - MICHIGAN CITY, Ind. & LAPORTE, Ind.--(BUSINESS WIRE)-- Horizon Bancorp (NASDAQ: HBNC) ('Horizon') and LaPorte Bancorp, Inc. (NASDAQ: LPSB) ('LaPorte Bancorp'), jointly announced that the Office of the ...
06/01/16 08:23 AMHorizon Bancorp Announces Closing of Kosciusko Financial, Inc. Merger - [at noodls] - MICHIGAN CITY, Ind.--(BUSINESS WIRE)-- Horizon Bancorp (NASDAQ: HBNC) ('Horizon'), the parent of Horizon Bank, N.A., ('Horizon Bank') announces the completion of the acquisition of Kosciusko Financial, ...
05/10/16 01:36 PMHORIZON BANCORP /IN/ Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Submission -
05/05/16 09:34 AMHORIZON BANCORP /IN/ Files SEC form 8-K, Regulation FD Disclosure -
04/28/16 11:02 AMHorizon Bancorp (Indiana) :HBNC-US: Earnings Analysis: Q1, 2016 By the Numbers -
04/25/16 08:30 AMHorizon Bancorp Announces 2016 First Quarter Earnings - [at noodls] - MICHIGAN CITY, Ind.--(BUSINESS WIRE)-- (NASDAQ: HBNC) - Horizon Bancorp today announced its unaudited financial results for the three-month period ended March 31, 2016. SUMMARY: Net income for the first ...
04/25/16 08:29 AMHorizon Bancorp posts 1Q profit -
04/21/16 05:31 PMBRIEF-Horizon Bancorp and Kosciusko Financial announce receipt of regulatory approvals - * Horizon Bancorp and Kosciusko Financial Inc Announce receipt of regulatory approvals
04/21/16 05:23 PMHorizon Bancorp and Kosciusko Financial, Inc. Announce Receipt of Regulatory Approvals - [at noodls] - MICHIGAN CITY, Ind. & MENTONE, Ind.--(BUSINESS WIRE)-- Horizon Bancorp (NASDAQ: HBNC) ('Horizon') and Kosciusko Financial, Inc. (Privately Held 'Kosciusko'), jointly announced that the Office of the Comptroller ...
02/09/16 01:55 PMHorizon Bancorp (HBNC) to Acquire Koscuiuko; Shares Rise -
02/07/16 01:46 PMHorizon Bancorp To Acquire Kosciusko - (RTTNews.com) - Horizon Bancorp ( HBNC) and Kosciusko Financial, Inc. announced they have executed a definitive agreement whereby Horizon will acquire Kosciusko and its wholly-owned subsidiary, Farmers State Bank, an Indiana state chartered bank ...
02/07/16 01:46 PMHorizon Bancorp (HBNC), Kosciusko Financial Enter $22.5M Merger Agreement - Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here. Horizon Bancorp (Nasdaq: HBNC) and Kosciusko Financial, Inc., announced they have executed a definitive agreement whereby Horizon will acquire Kosciusko and its wholly ...
02/05/16 08:32 AM9:32 am Horizon Bancorp announces the signing of a merger agreement with Kosciusko Financial for $22.5 mln in cash and/or stock -
02/05/16 08:30 AMHorizon Bancorp and Kosciusko Financial, Inc. Announce the Signing of a Merger Agreement - [Business Wire] - Horizon Bancorp and Kosciusko Financial, Inc. , today announced they have executed a definitive agreement whereby Horizon will acquire Kosciusko and its wholly-owned subsidiary, Farmers State Bank, an Indiana state chartered bank, through a stock and cash merger.
02/01/16 10:43 AMHORIZON BANCORP /IN/ Files SEC form 8-K, Other Events -
01/27/16 10:56 AMHorizon Bancorp (Indiana) Earnings Analysis: Q4, 2015 By the Numbers -
01/25/16 04:00 PMHorizon Bancorp posts 4Q profit -
01/25/16 03:57 PMHorizon Bancorp Announces Record 2015 Net Income - [at noodls] - MICHIGAN CITY, Ind.--(BUSINESS WIRE)-- (NASDAQ: HBNC) - Horizon Bancorp today announced its unaudited financial results for the three and twelve-month periods ended December 31, 2015. SUMMARY: Net income ...
01/21/16 12:45 PMHorizon Announces Mary Kay Gaboyan as Vice President, Mortgage Loan Sales Manager - Horizon also offers mortgage-banking services throughout the Midwest. Horizon Bancorp may be reached online at www.horizonbank.com. Its common stock is traded on the NASDAQ Global Select Market under the symbol HBNC.
01/20/16 04:26 PMHORIZON BANCORP /IN/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits -
01/08/16 07:20 AMHorizon Bancorp (Indiana) breached its 50 day moving average in a Bearish Manner : January 8, 2016 -
01/07/16 08:20 AMHorizon Bancorp downgraded by Sandler O'Neill -
12/09/15 01:17 PMHORIZON BANCORP /IN/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits -
12/08/15 12:17 PMHORIZON BANCORP /IN/ Financials -
11/12/15 10:53 AMHorizon Bancorp (Indiana) Earnings Q3, 2015 -
11/09/15 05:13 PMHORIZON BANCORP /IN/ Files SEC form 10-Q, Quarterly Report -
10/23/15 05:02 AMHORIZON BANCORP /IN/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi -
10/22/15 05:40 PMHorizon Bancorp posts 3Q profit -
10/22/15 04:49 PMHorizon Bancorp Announces its 2015 Third Quarter Earnings - [at noodls] - MICHIGAN CITY, Ind.--(BUSINESS WIRE)-- (NASDAQ: HBNC) - Horizon Bancorp today announced its unaudited financial results for the three and nine-month periods ended September 30, 2015. SUMMARY: On July 1, ...
09/17/15 02:02 PMHORIZON BANCORP /IN/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits -

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About Horizon Bancorp

Horizon Bancorp logoHorizon Bancorp is a bank holding company. The Company provides a range of banking services in Northwestern and Central Indiana and Southwestern Michigan through its bank subsidiary, Horizon Bank, N.A. (the Bank) and other affiliated entities and Horizon Risk Management, Inc. The Bank is a full-service commercial bank offering commercial and retail banking services, corporate and individual trust and agency services and other services incident to banking. Horizon Risk Management, Inc. is a captive insurance company. As of December 31, 2014, the Bank had total assets of $2.08 billion and total deposits of $1.48 billion. The Bank's investment securities totaled $489.5 million as of December 31, 2014, and included Treasury and federal agency securities, state and municipal securities, federal agency mortgage-backed pools, federal agency collateralized mortgage obligations, private label mortgage-backed pools and corporate securities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Northeast Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: HBNC
  • CUSIP: 44040710
Key Metrics:
  • Previous Close: $26.93
  • 50 Day Moving Average: $25.59
  • 200 Day Moving Average: $24.81
  • P/E Ratio: 15.37
  • P/E Growth: 0.00
  • Market Cap: $329.77M
  • Beta: 0.45
  • Current Year EPS Consensus Estimate: $2.13 EPS
  • Next Year EPS Consensus Estimate: $2.46 EPS
Additional Links:
Horizon Bancorp (NASDAQ:HBNC) Chart for Saturday, July, 30, 2016