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Horizon Bancorp Inc (HBNC) |
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Price: $11.8300
$0.17 
1.458%
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| Day's High:
| $11.975
| Week Perf:
| 8.83 %
|
| Day's Low: |
$ 11.59 |
30 Day Perf: |
17.24 % |
| Volume (M): |
178 |
52 Wk High: |
$ 16.44 |
| Volume (M$): |
$ 2,109 |
52 Wk Avg: |
$11.81 |
| Open: |
$11.59 |
52 Wk Low: |
$7.69 |
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| Market Capitalization (Millions $) |
518 |
| Shares
Outstanding (Millions) |
44 |
| Employees |
558 |
| Revenues (TTM) (Millions $) |
220 |
| Net Income (TTM) (Millions $) |
74 |
| Cash Flow (TTM) (Millions $) |
65 |
| Capital Exp. (TTM) (Millions $) |
13 |
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.
The Bank has wholly-owned direct and indirect subsidiaries: Horizon Investments,
Inc. (“Horizon Investments”), Horizon Properties, Inc. (“Horizon
Properties”), Horizon Insurance Services, Inc. (“Horizon Insurance”)
and Horizon Grantor Trust. Horizon Investments manages the investment portfolio
of the Bank. Horizon Properties manages the real estate investment trust. Horizon
Insurance is used by the Company’s Wealth Management to sell certain insurance
products. Horizon Grantor Trust holds title to certain company owned life insurance
policies.
Horizon formed Horizon Bancorp Capital Trust II in 2004 (“Trust II”)
and Horizon Bancorp Capital Trust III in 2006 (“Trust III”) for
the purpose of participating in pooled trust preferred securities offerings.
The Company assumed additional debentures as the result of the acquisition of
Alliance Financial Corporation in 2005, which formed Alliance Financial Statutory
Trust I (“Alliance Trust”). The Company also assumed additional
debentures as the result of the acquisition of American Trust & Savings
Bank (“American”) in 2010, which formed Am Tru Statutory Trust I
(“Am Tru Trust”). The Company also assumed additional debentures
as the result of the Heartland transaction, which formed Heartland (IN) Statutory
Trust II (“Heartland Trust”).
Company Address: 515 Franklin Street Michigan City 46360 IN
Company Phone Number: 879-0211 Stock Exchange / Ticker: NASDAQ HBNC
| HBNC is expected to report next financial results on March 14, 2024. |
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Customers Net Income fell by |
HBNC's Customers Net Profit Margin fell to |
-4.07 % |
17.35 %
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| Stock Performances by Major Competitors |
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First Financial Corporation
First Financial Corporation (NASDAQ: THFF) has reported disappointing numbers for the third quarter of the 2023 earnings season, indicating a bearish outlook for the company. With a decrease in profits of -8.67% to $1.37 per share and a decline in revenue of -4.829% to $51.58 million year on year, the company's performance has fallen far behind its competitors in the Regional Banks sector.
While the rest of the Regional Banks sector recorded a 0.95% rise in revenue during the same period compared to the previous year, First Financial Corporation struggled to maintain growth. Even when comparing the recent numbers from the prior reporting season, First Financial Corporation only managed a modest growth in revenue of 1.45% from $50.84 million. Moreover, income saw a meager improvement of 3.01% from $1.33 per share.
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Bm Technologies Inc
Bullish Outlook for Bm Technologies Inc as Financials Show Improvement
Bm Technologies Inc, a leading financial technology company, has recently released its fiscal report for the most recent period. The financials reveal several positive developments, indicating a potential increase in investor confidence and a bullish outlook for the company.
One of the key highlights from the report is the reduction in the loss per share. BMTX decreased its loss per share to $-0.34, compared to $-0.41 in the same period last year. Moreover, earnings per share also showed improvement, increasing from $-0.39 in the prior reporting period. These improvements demonstrate that Bm Technologies Inc has managed to narrow its losses and move towards profitability.
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Pb Bankshares Inc
Pb Bankshares Inc Reports Positive Third Quarter Results and Strong Profit Margins
(Pub Date: November 2, 2023)
In a recently released earnings report, Pb Bankshares Inc (PBBK) showcased a robust performance during the July to September 30 interval, with significant growth in profit per share and revenue. The company's profit per share surged by 31.25% to $0.21, while revenues experienced a boost of 10.888% to $3.09 million, compared to the same period in the prior year.
This notable improvement in PBBK's top-line results during the third quarter of 2023 aligns favorably with its peers in the Regional Banks sector. On average, these contemporaries witnessed a revenue growth of only 0.97% during the same period. However, when compared to the preceding reporting period, PBBK did experience a slight decrease in earnings per share by -8.7%, from $0.23 per share, and a decrease in revenue by -4.576%, from $3.23 million.
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Pioneer Bancorp Inc
Pioneer Bancorp Inc, a regional bank, recently released its financial report for the third quarter of 2023, showcasing a mixed performance. Despite a revenue elevation of 1.934%, the company experienced a significant income contraction of -33.33% compared to the same period the previous year. The company's revenue for the quarter was $18.71 million, with earnings per share (EPS) at $0.14.
Although the income decline is concerning, it is important to note that Pioneer Bancorp Inc's revenue growth in the first quarter of 2024 positively correlated with its peers in the Regional Banks sector, which experienced a 0.97% top-line elevation during the same period. When compared to the previous financial reporting period, the income declined by -21.54% from $0.18 per share, and the revenue decreased by -1.934% from $19.08 million.
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Southern States Bancshares Inc
Southern States Bancshares Inc has witnessed a solid gain of 9.3% in its share price over the past five trading days and a remarkable 29.25% growth over the past 12 months. The company's shares, which are traded on NASDAQ, currently stand 6.7% above their 52-week average. While these figures indicate positive market sentiment, it is essential to delve into the recent financial results to understand their potential impact on the company's future performance.
1. Strong Dividend Performance:
Southern States Bancshares Inc recently announced a quarterly cash dividend of $0.09 per share, reflecting the company's strong financial performance. With an increase in earnings per share during the second quarter of 2023, the dividend payout ratio dropped to 9.5%, which is below the company's average. This leaves investors wondering if Southern States Bancshares Inc. will soon increase its dividend.
2. Comparative Standing in the Financial Sector:
When compared to its peers in the financial sector, Southern States Bancshares Inc ranks higher than 1,285 companies in the first quarter of 2023. However, the company's 12-month dividend payout ratio indicates that 518 companies outperformed Southern States Bancshares Inc. This observation suggests the need for the company to explore opportunities to enhance its dividend payouts and maintain competitiveness within the sector.
|
| Per Share |
Current |
| Earnings (TTM) |
1.7 $ |
| Revenues (TTM) |
5.03 $
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| Cash Flow (TTM) |
1.5 $ |
| Cash |
23.75 $
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| Book Value |
15.83 $
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| Dividend (TTM) |
0.65 $ |
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| Per Share |
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| Earnings (TTM) |
1.7 $
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| Revenues (TTM) |
5.03 $ |
| Cash Flow (TTM) |
1.5 $ |
| Cash |
23.75 $
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| Book Value |
15.83 $ |
| Dividend (TTM) |
0.65 $ |
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1.35%