HBNC Horizon Bancorp Inc
Price (delayed)
$16.77
Market cap
$733.1M
P/E Ratio
34.94
Dividend/share
$0.64
EPS
$0.48
Enterprise value
$1.88B
Horizon Bancorp, Inc. is an independent, commercial bank holding company serving northern and central Indiana, and southern and central Michigan through its commercial banking subsidiary, Horizon Bank.
Highlights
The equity is up by 9% YoY and by 3.9% from the previous quarter
HBNC's debt is down by 6% year-on-year and by 6% since the previous quarter
HBNC's EPS has shrunk by 72% YoY but it is up by 12% QoQ
HBNC's net income has dropped by 72% year-on-year but it is up by 10% since the previous quarter
HBNC's P/E is 191% above its 5-year quarterly average of 12.0 and 30% above its last 4 quarters average of 26.8
Key stats
What are the main financial stats of HBNC
Market
Valuations
Earnings
Shares outstanding
43.72M
Market cap
$733.1M
Enterprise value
$1.88B
Price to earnings (P/E)
34.94
Price to book (P/B)
0.97
Price to sales (P/S)
3.99
EV/EBIT
61.53
EV/EBITDA
43.8
EV/Sales
10.21
Revenue
$183.72M
Gross profit
$183.72M
Operating income
$30.49M
Net income
$21.1M
EBIT
$30.49M
EBITDA
$42.82M
Free cash flow
$65.1M
Per share
Balance sheet
Liquidity
EPS
$0.48
EPS diluted
$0.48
Free cash flow per share
$1.49
Book value per share
$17.27
Revenue per share
$4.2
TBVPS
$177.55
Total assets
$7.93B
Total liabilities
$7.17B
Debt
$1.38B
Equity
$754.82M
Working capital
N/A
Debt to equity
1.83
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
26.68
Margins
Efficiency
Dividend
EBITDA margin
23.3%
Gross margin
100%
Net margin
11.5%
Operating margin
16.6%
Return on assets
0.3%
Return on equity
2.9%
Return on invested capital
0.3%
Return on capital employed
N/A
Return on sales
16.6%
Dividend yield
3.82%
DPS
$0.64
Payout ratio
133.3%
HBNC stock price
How has the Horizon Bancorp stock price performed over time
Intraday
-1.41%
1 week
-2.5%
1 month
5.14%
1 year
36.01%
YTD
4.1%
QTD
4.1%
Financial performance
How have Horizon Bancorp's revenue and profit performed over time
Revenue
$183.72M
Gross profit
$183.72M
Operating income
$30.49M
Net income
$21.1M
Gross margin
100%
Net margin
11.5%
HBNC's net income has dropped by 72% year-on-year but it is up by 10% since the previous quarter
HBNC's net margin has dropped by 65% year-on-year but it is up by 8% since the previous quarter
The operating income has plunged by 63% YoY but it has grown by 2.1% from the previous quarter
The operating margin has plunged by 54% YoY
Growth
What is Horizon Bancorp's growth rate over time
Valuation
What is Horizon Bancorp stock price valuation
P/E
34.94
P/B
0.97
P/S
3.99
EV/EBIT
61.53
EV/EBITDA
43.8
EV/Sales
10.21
HBNC's P/E is 191% above its 5-year quarterly average of 12.0 and 30% above its last 4 quarters average of 26.8
HBNC's EPS has shrunk by 72% YoY but it is up by 12% QoQ
The stock's price to book (P/B) is 21% more than its last 4 quarters average of 0.8 and 8% more than its 5-year quarterly average of 0.9
The equity is up by 9% YoY and by 3.9% from the previous quarter
The P/S is 33% above the 5-year quarterly average of 3.0 and 21% above the last 4 quarters average of 3.3
HBNC's revenue is down by 18% year-on-year but it is up by 2.1% since the previous quarter
Efficiency
How efficient is Horizon Bancorp business performance
HBNC's ROE has shrunk by 73% YoY but it is up by 7% QoQ
HBNC's return on assets has dropped by 67% year-on-year but it has surged by 50% since the previous quarter
The ROIC has plunged by 67% YoY
HBNC's ROS has shrunk by 54% YoY
Dividends
What is HBNC's dividend history
DPS
$0.64
Dividend yield
3.82%
Payout ratio
133.3%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Horizon Bancorp financials performed over time
HBNC's total assets is 11% greater than its total liabilities
HBNC's debt is 83% greater than its equity
Horizon Bancorp's debt to equity has decreased by 14% YoY and by 9% QoQ
The equity is up by 9% YoY and by 3.9% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.