Horizon Bancorp (HBNC) Competitors

Horizon Bancorp (NASDAQ:HBNC) and Independent Bank (NASDAQ:INDB) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, community ranking, earnings, media sentiment, institutional ownership, analyst recommendations, profitability, dividends and risk.

Does the MarketBeat Community favor HBNC or INDB?

Independent Bank received 80 more outperform votes than Horizon Bancorp when rated by MarketBeat users. However, 57.41% of users gave Horizon Bancorp an outperform vote while only 53.79% of users gave Independent Bank an outperform vote.

Company	Underperform	Outperform
Horizon Bancorp	Outperform Votes 310 57.41%	Underperform Votes 230 42.59%
Independent Bank	Outperform Votes 390 53.79%	Underperform Votes 335 46.21%

Do analysts rate HBNC or INDB?

Horizon Bancorp presently has a consensus price target of $17.33, indicating a potential upside of 15.98%. Independent Bank has a consensus price target of $71.00, indicating a potential upside of 15.44%. Given Horizon Bancorp's higher possible upside, equities analysts plainly believe Horizon Bancorp is more favorable than Independent Bank.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Horizon Bancorp	0 Sell rating(s)	2 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	2.33
Independent Bank	0 Sell rating(s)	2 Hold rating(s)	0 Buy rating(s)	2 Strong Buy rating(s)	3.00

Which has preferable earnings & valuation, HBNC or INDB?

Independent Bank has higher revenue and earnings than Horizon Bancorp. Independent Bank is trading at a lower price-to-earnings ratio than Horizon Bancorp, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Horizon Bancorp	$203.08M	3.24	$35.43M	$1.02	14.65
Independent Bank	$694.32M	3.78	$192.08M	$4.44	13.85

Which has more volatility & risk, HBNC or INDB?

Horizon Bancorp has a beta of 0.82, indicating that its share price is 18% less volatile than the S&P 500. Comparatively, Independent Bank has a beta of 0.82, indicating that its share price is 18% less volatile than the S&P 500.

Does the media favor HBNC or INDB?

In the previous week, Independent Bank had 8 more articles in the media than Horizon Bancorp. MarketBeat recorded 10 mentions for Independent Bank and 2 mentions for Horizon Bancorp. Horizon Bancorp's average media sentiment score of 1.63 beat Independent Bank's score of 1.55 indicating that Horizon Bancorp is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Horizon Bancorp	2 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Very Positive
Independent Bank	9 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Very Positive

Is HBNC or INDB more profitable?

Independent Bank has a net margin of 19.58% compared to Horizon Bancorp's net margin of 9.86%. Horizon Bancorp's return on equity of 8.48% beat Independent Bank's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Horizon Bancorp	9.86%	8.48%	0.79%
Independent Bank	19.58%	6.57%	1.00%

Do insiders and institutionals hold more shares of HBNC or INDB?

64.5% of Horizon Bancorp shares are held by institutional investors. Comparatively, 83.4% of Independent Bank shares are held by institutional investors. 2.5% of Horizon Bancorp shares are held by company insiders. Comparatively, 0.8% of Independent Bank shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Is HBNC or INDB a better dividend stock?

Horizon Bancorp pays an annual dividend of $0.64 per share and has a dividend yield of 4.3%. Independent Bank pays an annual dividend of $2.36 per share and has a dividend yield of 3.8%. Horizon Bancorp pays out 62.7% of its earnings in the form of a dividend. Independent Bank pays out 53.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Independent Bank has increased its dividend for 15 consecutive years.

Summary

Independent Bank beats Horizon Bancorp on 13 of the 21 factors compared between the two stocks.