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Horizon Bancorp Inc   (NASDAQ: HBNC)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $17.6300 $-0.14 -0.788%
Day's High: $17.83 Week Perf: -1.67 %
Day's Low: $ 17.40 30 Day Perf: -3.66 %
Volume (M): 139 52 Wk High: $ 19.18
Volume (M$): $ 2,457 52 Wk Avg: $13.97
Open: $17.78 52 Wk Low: $11.18



 Market Capitalization (Millions $) 782
 Shares Outstanding (Millions) 44
 Employees 558
 Revenues (TTM) (Millions $) 184
 Net Income (TTM) (Millions $) 21
 Cash Flow (TTM) (Millions $) 60
 Capital Exp. (TTM) (Millions $) 5

Horizon Bancorp Inc
Horizon Bancorp is a registered bank holding company incorporated in Indiana and headquartered in Michigan City, Indiana. Horizon provides a broad range of banking services in Northern and Central Indiana and Southwestern and Central Michigan through its bank subsidiary, Horizon Bank, N.A. (the “Bank”) and other affiliated entities and Horizon Risk Management, Inc. Horizon operates as a single segment, which is commercial banking. Horizon’s common stock is traded on the NASDAQ Global Select Market under the symbol HBNC. The Bank was chartered as a national banking association in 1873 and has operated continuously since that time. 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 incorporated in Nevada and was formed as a wholly owned subsidiary of Horizon.


   Company Address: 515 Franklin Street Michigan City 46360 IN
   Company Phone Number: 879-0211   Stock Exchange / Ticker: NASDAQ HBNC


Customers Net Income fell by HBNC's Customers Net Profit Margin fell to

-25.69 %

13.54 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK   -2.32%    
BPOP   -2.32%    
CFG   -3.17%    
FITB   -2.22%    
MTB   -4.02%    
NTRS   -3.45%    
• View Complete Report
   



Management Changes

Horizon Bank Strengthens Board with Appointment of Michele Samuels and Brian Walker as Independent Directors

Published Wed, Jul 17 2024 8:05 PM UTC



Horizon Bancorp, Inc. made a significant move by appointing Michele A. Samuels and Brian C. Walker as independent directors on its Board. The announcement, made on June 18, 2024, marks a strategic decision to strengthen the leadership and expertise within the company.
Horizon Bancorp, Inc., a leading financial institution, has been focusing on optimizing its op...

Horizon Bancorp Inc

Revenue Downturn at Horizon Bancorp Inc Signals Minor Setback in Recent Fiscal Period

Horizon Bancorp Inc shares have recently recorded a solid gain of 8.06% over the past 5 trading days, indicating positive market sentiment for the company. With the share price currently at 0.32% during the second quarter of 2024, it suggests that the company has managed to maintain stability in its stock value.
Notably, Horizon Bancorp Inc's shares are trading on the NASDAQ at a 9.7% premium above its 52-week average. This demonstrates that investors see value in the company and have confidence in its future prospects. However, it is important to evaluate the underlying financial results to assess the potential impact on Horizon Bancorp's performance.

Horizon Bancorp Inc

Horizon Bancorp Inc's Stock Price Soars Despite Financial Challenges

Horizon Bancorp Inc, a regional bank company, has recently seen an increase in its share price over the last month and the last five trading days, despite facing some challenges in its financial performance. The company's shares have seen a 3.35% increase over the course of the last 30 days and a 4.34% increase over the last five trading days. This positive movement in the stock price is a good sign for investors, but it is important to also consider the company's financial results and operational performance in order to fully understand the reasons behind this increase.
For the period ending December 31, 2023, Horizon Bancorp Inc reported a shortfall of $-0.57 per share, compared to a profit of $0.48 per share in the previous year. This decrease in earnings per share is concerning and indicates that the company may be facing challenges in generating profits. The revenue also fell sharply by -63.126% to $20.53 million from $55.69 million in the same period a year before. This drop in revenue could be attributed to various factors such as slowing demand or changes in the market environment.

Management Announcement

Horizon Bancorp: A Strategic Shift and the Pursuit of Financial Excellence

Published Tue, Dec 12 2023 9:05 PM UTC



In a recent press release, Horizon Bancorp, Inc. (HBNC) announced its decision to execute a balance sheet repositioning strategy, focusing on its investment securities portfolio and bank-owned life insurance policies. This move comes as the company faces a decline in its revenue per employee and a deteriorating overall ranking compared to its peers within the Finan...

Horizon Bancorp Inc

Regional Banks Company Experiences Alarming EPS Deterioration During Recent Fiscal Period



Regional Banks Company, a prominent player in the financial sector, recently reported disappointing financial results for the most recent fiscal period. The company's net profit per share dropped by 32.73%, while revenue witnessed a significant decline of 16.401% compared to the previous year. These figures reflect a troubling trend that warrants a closer examination of the company's overall financial health and future prospects.
Profitability Woes:
The alarming decline in profits is evident when comparing the net profit per share for the most recent fiscal period, which stood at $0.37, to the previous year's figure of $0.55. This represents a decrease of 32.73% and indicates a concerning trend for Regional Banks Company. Moreover, compared to the preceding quarter, profits fell by 13.95% per share. These declining profit margins raise questions about the company's ability to sustain its financial performance in the near future.







Horizon Bancorp Inc's Segments





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