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Ticker
HBNC

Price
18.10
Stock movement up
+0.09 (0.50%)
Company name
Horizon Bancorp
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Financial Services >
Banks - Regional
Market cap
922.70M
Ent value
6.60B
Price/Sales
8.94
Price/Book
1.34
Div yield
3.54%
Div growth
-
Growth years
10
FCF payout
66.04%
Trailing P/E
-
Forward P/E
8.26
PEG
-
EPS growth
-
1 year return (CAGR)
4.44%
3 year return (CAGR)
4.50%
5 year return (CAGR)
0.66%
10 year return (CAGR)
5.29%
Last updated: 2026-02-20

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share0.64
Dividend yield3.54%
Payout frequencyQuarterly
Maximum yield8.26%
Average yield4.17%
Minimum yield2.56%
Discount to avg yield-17.88%
Upside potential-15.17%
Yield as % of max yield42.82%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield3.54%
Current yield distribution67.38%
Yield at 100% (Min)2.56%
Yield at 90%2.92%
Yield at 80%3.28%
Yield at 50% (Median)4.00%
Yield at 20%5.20%
Yield at 10%5.84%
Yield at 0% (Max)8.26%

Dividend per share

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Dividend per share data
Years of growth10 years
CCC statusDividend Contender
Dividend per share0.64
Payout frequencyQuarterly
Ex-div date2 Jan 2026
EPS (TTM)-2.93
EPS (1y forward)2.19
EPS growth (5y)-
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
HBNCS&P500
DGR MR6.67%-13.74%
DGR TTM-6.60%
DGR 3 years-8.18%7.31%
DGR 5 years-4.69%
DGR 10 years9.65%6.30%
DGR 15 years8.86%8.16%
Time since last change announced1341 days
EPS growth (5y)-
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM-14.15%66.04%
Average--
Forward29.22%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E-
Price to OCF20.21
Price to FCF28.62
Price to EBITDA9.95
EV to EBITDA71.23

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales8.94
Price to Book1.34
EV to Sales64.02

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FINANCIALS

Per share

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Per share data
Current share count50.98M
EPS (TTM)-2.93
FCF per share (TTM)0.63

Income statement

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Income statement data
Revenue (TTM)103.17M
Gross profit (TTM)-30.39M
Operating income (TTM)-199.53M
Net income (TTM)-150.48M
EPS (TTM)-2.93
EPS (1y forward)2.19

Margins

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Margins data
Gross margin (TTM)-29.46%
Operating margin (TTM)-193.40%
Profit margin (TTM)-145.86%

Balance Sheet

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Balance Sheet data
Cash66.81M
Net receivables29.73M
Total current assets100.43M
Goodwill155.21M
Intangible assets7.18M
Property, plant and equipment0.00
Total assets6.44B
Accounts payable0.00
Short/Current long term debt404.49M
Total current liabilities1.18B
Total liabilities5.75B
Shareholder's equity688.25M
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)45.66M
Capital expenditures (TTM)4.01M
Free cash flow (TTM)32.24M
Dividends paid (TTM)21.29M

Financial returns

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Financial returns data
Return on Equity-21.86%
Return on Assets-2.34%
Return on Invested Capital-19.37%
Cash Return on Invested Capital4.15%

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STOCK INFORMATION

Stock chart

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Stock price data
Open18.02
Daily high18.28
Daily low17.87
Daily Volume300K
All-time high23.45
1y analyst estimate21.25
Beta0.81
EPS (TTM)-2.93
Dividend per share0.64
Ex-div date2 Jan 2026
Next earnings date21 Apr 2026

Downside potential

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Downside potential data
HBNCS&P500
Current price drop from All-time high-22.81%-1.82%
Highest price drop-67.20%-56.47%
Date of highest drop10 Mar 20099 Mar 2009
Avg drop from high-20.62%-10.84%
Avg time to new high28 days12 days
Max time to new high1267 days1805 days

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COMPANY DETAILS
HBNC (Horizon Bancorp) company logo
Marketcap
922.70M
Marketcap category
Small-cap
Description
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services. The company offers checking, saving, money market, certificate of deposits, and time deposits, as well as non-interest- and interest-bearing demand deposits. It also provides commercial, residential real estate, mortgage warehouse Loans, consumer loans, land and home equity, auto, and agriculture loans. 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; trust and wealth management services; retirement plans; and sells various insurance products. It operates through full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.
Employees
841
Investor relations
SEC filings
CEO
Craig Dwight
Country
USA
City
Michigan City
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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