Horizon Bancorp Company Profile (NASDAQ:HBNC)

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. The Bank's loan portfolio consists of commercial loans, real estate loans, mortgage warehouse loans and consumer loans. The Bank's investment securities include both securities available for sale and held to maturity. Its deposits include noninterest-bearing demand deposits, interest-bearing demand deposits, savings deposits, money market deposits and time deposits. The Bank maintains approximately 54 full service offices.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Northeast Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: HBNC
  • CUSIP: 44040710
Key Metrics:
  • Previous Close: $29.40
  • 50 Day Moving Average: $28.05
  • 200 Day Moving Average: $25.68
  • 52-Week Range: $14,776,000.00 - $21.92
  • Trailing P/E Ratio: 16.07
  • Foreward P/E Ratio: 12.00
  • P/E Growth: 0.00
  • Market Cap: $434.41M
  • Outstanding Shares: 14,776,000
  • Beta: 0.47
Profitability:
  • Net Margins: 17.13%
  • Return on Equity: 9.48%
  • Return on Assets: 0.92%
Debt:
  • Debt-to-Equity Ratio: 1.87%
  • Current Ratio: 0.99%
  • Quick Ratio: 0.98%
Additional Links:
Companies Related to Horizon Bancorp:

Analyst Ratings

Consensus Ratings for Horizon Bancorp (NASDAQ:HBNC) (?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $29.33 (0.23% downside)

Analysts' Ratings History for Horizon Bancorp (NASDAQ:HBNC)
Show:
DateFirmActionRatingPrice TargetDetails
7/28/2016Keefe, Bruyette & WoodsBoost Price TargetOutperform$29.00 -> $31.00View Rating Details
3/14/2016FIG PartnersUpgradeMarket Perform -> OutperformView Rating Details
1/27/2016Raymond James Financial Inc.Lower Price TargetOutperform$28.00View Rating Details
1/7/2016Sandler O'NeillDowngradeBuy -> HoldView Rating Details
10/2/2015StephensInitiated CoverageOverweight$29.00View Rating Details
(Data available from 9/26/2014 forward)

Earnings

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

Estimates

Earnings Estimates for Horizon Bancorp (NASDAQ:HBNC)
Current Year EPS Consensus Estimate: $2.12 EPS
Next Year EPS Consensus Estimate: $2.45 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.53$0.53$0.53
Q2 20161$0.55$0.55$0.55
Q3 20161$0.58$0.58$0.58
Q4 20161$0.58$0.58$0.58
Q1 20171$0.56$0.56$0.56
Q2 20171$0.62$0.62$0.62
Q3 20171$0.65$0.65$0.65
Q4 20171$0.61$0.61$0.61
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Horizon Bancorp (NASDAQ:HBNC)
Annual Dividend:$0.60
Dividend Yield:2.04%
Payout Ratio:32.79% (Based on Trailing 12 Months of Earnings)
28.30% (Based on Current Year Consensus EPS Estimate)
24.49% (Based on Next Year Consensus EPS Estimate)

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

Insider Trades

Insider Trading History for Horizon Bancorp (NASDAQ:HBNC)
Insider Ownership Percentage: 7.70%
Institutional Ownership Percentage: 36.09%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/16/2016Thomas H EdwardsInsiderSell10,000$27.65$276,500.00View SEC Filing  
6/1/2016Craig M DwightCEOSell10,000$24.67$246,700.00View SEC Filing  
5/20/2016Thomas H EdwardsEVPSell2,000$24.00$48,000.00View SEC Filing  
5/2/2016James D NeffEVPBuy1,674$24.67$41,297.58View SEC Filing  
5/2/2016Steven William ReedDirectorBuy2,211$24.41$53,970.51View SEC Filing  
4/29/2016Kathie A DeruiterEVPSell1,000$24.40$24,400.00View SEC Filing  
4/29/2016Mark E SecorCFOSell3,000$24.39$73,170.00View SEC Filing  
11/2/2015David G. RoseEVPSell3,500$26.28$91,980.00View SEC Filing  
10/30/2015David G. RoseEVPSell3,500$26.68$93,380.00View SEC Filing  
9/1/2015Kathie A. DeruiterinsiderSell2,250$23.55$52,987.50View SEC Filing  
6/3/2015Craig M DwightCEOSell15,697$23.97$376,257.09View SEC Filing  
5/21/2015Mark E SecorEVPSell5,400$24.28$131,112.00View SEC Filing  
5/4/2015James D NeffEVPBuy1,500$23.25$34,875.00View SEC Filing  
2/26/2015Robert E SwinehartDirectorBuy1,000$22.62$22,620.00View SEC Filing  
8/6/2014Daniel F HoppDirectorBuy4,810$21.69$104,328.90View SEC Filing  
6/13/2014David G RoseEVPBuy1,388$21.81$30,272.28View SEC Filing  
5/29/2014Thomas H EdwardsEVPSell1,937$21.93$42,478.41View SEC Filing  
5/21/2014Peter PairitzDirectorBuy5,000$19.75$98,750.00View SEC Filing  
5/2/2014James NeffEVPBuy1,500$20.20$30,300.00View SEC Filing  
4/29/2014Robert SwinehartDirectorBuy1,000$20.25$20,250.00View SEC Filing  
4/25/2014Lawrence BurnellDirectorBuy1,000$20.50$20,500.00View SEC Filing  
4/24/2014Robert SwinehartDirectorBuy1,000$20.45$20,450.00View SEC Filing  
1/31/2014James NeffEVPBuy1,000$22.30$22,300.00View SEC Filing  
4/23/2013James D NeffInsiderBuy1,500$19.39$29,085.00View SEC Filing  
4/23/2013Peter L PairitzDirectorBuy4,000$19.41$77,640.00View SEC Filing  
2/22/2013Robert E SwinehartDirectorBuy1,000$20.40$20,400.00View SEC Filing  
2/6/2013Daniel F HoppDirectorBuy5,000$20.09$100,450.00View SEC Filing  
12/13/2012Susan D AaronDirectorBuy1,336$19.01$25,397.36View SEC Filing  
11/21/2012James D NeffInsiderBuy2,500$17.50$43,750.00View SEC Filing  
11/19/2012Spero W ValavanisDirectorBuy2,000$17.00$34,000.00View SEC Filing  
11/13/2012Larry N MiddletonDirectorBuy2,682$18.09$48,517.38View SEC Filing  
11/2/2012Craig M DwightCEOSell11,500$28.98$333,270.00View SEC Filing  
10/31/2012Daniel F HoppDirectorBuy1,500$29.05$43,575.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Horizon Bancorp (NASDAQ:HBNC)
DateHeadline
biz.yahoo.com logoHORIZON BANCORP /IN/ Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:HBNC)
biz.yahoo.com - September 22 at 5:27 PM
News IconHorizon Promotes Joel Schaeffer to Assistant Vice President, Mortgage Business Systems Analyst (NASDAQ:HBNC)
www.laportecountylife.com - September 21 at 3:36 PM
finance.yahoo.com logoINVESTIndiana announces executive presentation schedule (NASDAQ:HBNC)
finance.yahoo.com - September 6 at 10:08 AM
News IconHorizon Donates Funds for LaPorte County Habitat for Humanity Build (NASDAQ:HBNC)
www.laportecountylife.com - August 23 at 5:33 PM
capitalcube.com logoHorizon Bancorp (Indiana) :HBNC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NASDAQ:HBNC)
www.capitalcube.com - August 10 at 5:39 PM
biz.yahoo.com logoHORIZON BANCORP /IN/ Files SEC form 8-K/A, Other Events (NASDAQ:HBNC)
biz.yahoo.com - July 26 at 4:37 PM
finance.yahoo.com logoHorizon Bancorp (HBNC) is Overbought: Is A Drop Coming? (NASDAQ:HBNC)
finance.yahoo.com - July 20 at 8:56 AM
capitalcube.com logoHorizon Bancorp (Indiana) : HBNC-US: Dividend Analysis : July 08th, 2016 (record date) : By the numbers : July 19, 2016 (NASDAQ:HBNC)
www.capitalcube.com - July 19 at 5:09 PM
biz.yahoo.com logoHORIZON BANCORP /IN/ Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Change in Directors or P (NASDAQ:HBNC)
biz.yahoo.com - July 18 at 9:05 AM
finance.yahoo.com logoHorizon Bancorp Announces Closing of LaPorte Bancorp, Inc. Merger (NASDAQ:HBNC)
finance.yahoo.com - July 18 at 9:00 AM
streetinsider.com logoHorizon Bancorp (HBNC), CNB Bancorp Enter Merger Agreement (NASDAQ:HBNC)
www.streetinsider.com - July 13 at 5:46 PM
seekingalpha.com logoHorizon Bancorp to buy CNB Bancorp (NASDAQ:HBNC)
seekingalpha.com - July 12 at 4:44 PM
publicnow.com logoHorizon Bancorp and CNB Bancorp Announce the Signing of a Merger Agreement (NASDAQ:HBNC)
www.publicnow.com - July 12 at 4:33 PM
News IconBank Merger Nears Completion (NASDAQ:HBNC)
www.insideindianabusiness.com - June 22 at 10:02 AM
seekingalpha.com logoHorizon Bancorp and LaPorte Bancorp receive approval for merger (NASDAQ:HBNC)
seekingalpha.com - June 17 at 9:18 AM
publicnow.com logoHorizon Bancorp and LaPorte Bancorp, Inc. Announce Receipt of Regulatory Approvals and Election Deadline (NASDAQ:HBNC)
www.publicnow.com - June 16 at 4:49 PM
publicnow.com logoHorizon Bancorp Announces Closing of Kosciusko Financial, Inc. Merger (NASDAQ:HBNC)
www.publicnow.com - June 1 at 9:23 AM
biz.yahoo.com logoHORIZON BANCORP /IN/ Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Submission (NASDAQ:HBNC)
biz.yahoo.com - May 10 at 2:36 PM
biz.yahoo.com logoHORIZON BANCORP /IN/ Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:HBNC)
biz.yahoo.com - May 5 at 10:34 AM
capitalcube.com logoHorizon Bancorp (Indiana) :HBNC-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:HBNC)
www.capitalcube.com - April 28 at 12:02 PM
publicnow.com logoHorizon Bancorp Announces 2016 First Quarter Earnings (NASDAQ:HBNC)
www.publicnow.com - April 25 at 9:30 AM
sg.finance.yahoo.com logoHorizon Bancorp posts 1Q profit (NASDAQ:HBNC)
sg.finance.yahoo.com - April 25 at 9:29 AM
feeds.reuters.com logoBRIEF-Horizon Bancorp and Kosciusko Financial announce receipt of regulatory approvals (NASDAQ:HBNC)
feeds.reuters.com - April 21 at 6:31 PM
publicnow.com logoHorizon Bancorp and Kosciusko Financial, Inc. Announce Receipt of Regulatory Approvals (NASDAQ:HBNC)
www.publicnow.com - April 21 at 6:23 PM
finance.yahoo.com logoHorizon Bancorp (HBNC) to Acquire Koscuiuko; Shares Rise (NASDAQ:HBNC)
finance.yahoo.com - February 9 at 2:55 PM
nasdaq.com logoHorizon Bancorp To Acquire Kosciusko (NASDAQ:HBNC)
www.nasdaq.com - February 7 at 2:46 PM
streetinsider.com logoHorizon Bancorp (HBNC), Kosciusko Financial Enter $22.5M Merger Agreement (NASDAQ:HBNC)
www.streetinsider.com - February 7 at 2:46 PM
finance.yahoo.com logo9:32 am Horizon Bancorp announces the signing of a merger agreement with Kosciusko Financial for $22.5 mln in cash and/or stock (NASDAQ:HBNC)
finance.yahoo.com - February 5 at 9:32 AM
finance.yahoo.com logoHorizon Bancorp and Kosciusko Financial, Inc. Announce the Signing of a Merger Agreement (NASDAQ:HBNC)
finance.yahoo.com - February 5 at 9:30 AM
biz.yahoo.com logoHORIZON BANCORP /IN/ Files SEC form 8-K, Other Events (NASDAQ:HBNC)
biz.yahoo.com - February 1 at 11:43 AM
capitalcube.com logoHorizon Bancorp (Indiana) Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:HBNC)
www.capitalcube.com - January 27 at 11:56 AM
sg.finance.yahoo.com logoHorizon Bancorp posts 4Q profit (NASDAQ:HBNC)
sg.finance.yahoo.com - January 25 at 5:00 PM
publicnow.com logoHorizon Bancorp Announces Record 2015 Net Income (NASDAQ:HBNC)
www.publicnow.com - January 25 at 4:57 PM
News IconHorizon Announces Mary Kay Gaboyan as Vice President, Mortgage Loan Sales Manager (NASDAQ:HBNC)
www.portagelife.com - January 21 at 1:45 PM
biz.yahoo.com logoHORIZON BANCORP /IN/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:HBNC)
biz.yahoo.com - January 20 at 5:26 PM
capitalcube.com logoHorizon Bancorp (Indiana) breached its 50 day moving average in a Bearish Manner : January 8, 2016 (NASDAQ:HBNC)
www.capitalcube.com - January 8 at 8:20 AM
finance.yahoo.com logoHorizon Bancorp downgraded by Sandler O'Neill (NASDAQ:HBNC)
finance.yahoo.com - January 7 at 9:20 AM
biz.yahoo.com logoHORIZON BANCORP /IN/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:HBNC)
biz.yahoo.com - December 9 at 2:17 PM
finance.yahoo.com logoHORIZON BANCORP /IN/ Financials (NASDAQ:HBNC)
finance.yahoo.com - December 8 at 1:17 PM
capitalcube.com logoHorizon Bancorp (Indiana) Earnings Q3, 2015 (NASDAQ:HBNC)
www.capitalcube.com - November 12 at 11:53 AM
biz.yahoo.com logoHORIZON BANCORP /IN/ Files SEC form 10-Q, Quarterly Report (NASDAQ:HBNC)
biz.yahoo.com - November 9 at 6:13 PM
biz.yahoo.com logoHORIZON BANCORP /IN/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi (NASDAQ:HBNC)
biz.yahoo.com - October 23 at 6:02 AM
sg.finance.yahoo.com logoHorizon Bancorp posts 3Q profit (NASDAQ:HBNC)
sg.finance.yahoo.com - October 22 at 6:40 PM
noodls.com logoHorizon Bancorp Announces its 2015 Third Quarter Earnings (NASDAQ:HBNC)
www.noodls.com - October 22 at 5:49 PM
biz.yahoo.com logoHORIZON BANCORP /IN/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:HBNC)
biz.yahoo.com - September 17 at 3:02 PM

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Horizon Bancorp (NASDAQ:HBNC) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff