Horizon Bancorp, Inc.
HBNC
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Horizon Bancorp operates in a competitive regional banking sector, focusing on growth strategies that leverage its strong revenue growth of 16.9%.
- Revenue increased by 3% compared to the prior quarter, reaching $74 million in Q2 2026.
- The company has a forward P/E ratio of 8.62, indicating potential undervaluation compared to industry peers.
- Despite a strong growth strategy, Horizon Bancorp has faced challenges with a negative return on equity of -18.98%.
- The company reported a net income loss of $221.99 million in Q3 2025, highlighting significant financial struggles.
- Horizon Bancorp's revenue for the year 2025 was -$31.306 million, indicating a downturn in performance.
Fundamentals
| Market cap | $1.00B | Enterprise value | $1.16B | Trailing P/E | — | Forward P/E | 8.71 |
| PEG | 0.80 | Price / book | 1.38 | Beta | 0.83 | Dividend yield | 3.28% |
| Revenue growth | 16.9% | Earnings growth | 3.7% | Gross margin | 0.0% | Operating margin | 43.5% |
| Profit margin | 0.0% | ROE | -19.0% | ROA | -2.0% | Debt / equity | — |
| Current ratio | — | Free cash flow | — | Analyst recommendation | strong_buy | Mean target | $23.10 |
| 52w high | $21.04 | 52w low | $14.97 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|
| Revenue | $74.1M | $72.3M | $73.8M | -$238M | $65.0M |
| Op margin | — | — | — | — | — |
| Net income | $24.9M | $26.2M | $26.9M | -$222M | $20.6M |
| Gross margin | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
- Revenue +3% vs prior quarter ($74M vs $72M).
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | -$31.3M | $187M | $183M | $242M | — |
| Op margin | — | — | — | — | — |
| Net income | -$150M | $35.4M | $28.0M | $93.4M | — |
| Gross margin | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
Headlines — positive tone
• [OK · fundamentals] Horizon Bancorp Shares Rise After Piper Sandler Upgrade
News
2026-10-04 · 3 Bank Stocks Built For Higher Money Market Yields
2026-10-02 · Horizon Bancorp, Inc. Announces Conference Call to Review Third Quarter Results on October 22
2026-10-02 · Horizon Bancorp Shares Rise After Piper Sandler Upgrade
2026-10-02 · Piper Sandler Upgrades Horizon Bancorp to Overweight From Neutral, Adjusts PT to $24 From $23
2026-09-24 · 3 US Bank Stocks That Could Benefit If Interest Rates Stay Higher Longer
2026-08-18 · Horizon Bank Appoints Nicholas Ritter and Charles Sulerzyski to Serve as Independent Directors
2026-07-30 · How Investors Are Reacting To Horizon Bancorp (HBNC) Profit Rise Amid Higher Net Charge-Offs
2026-07-23 · Horizon Bancorp (IN) (HBNC) Q2 2026 Earnings Call Highlights: Strong Loan Growth and Net ...
2026-07-23 · Horizon Bancorp (IN) Q2 Earnings Call Highlights
2026-07-22 · Compared to Estimates, Horizon Bancorp (HBNC) Q2 Earnings: A Look at Key Metrics
2026-07-22 · Horizon Bancorp (HBNC) Lags Q2 Earnings and Revenue Estimates
2026-07-22 · Horizon Bancorp Q2 Earnings, Revenue Rise
Price (daily)
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