HBNC Horizon Bancorp Inc

Price (delayed)

$14.89

Market cap

$656.88M

P/E Ratio

27.57

Dividend/share

$0.64

EPS

$0.54

Enterprise value

$1.86B

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 2.7% YoY
HBNC's P/E is 176% above its 5-year quarterly average of 10.0 and 90% above its last 4 quarters average of 14.5
HBNC's net income has dropped by 73% year-on-year and by 15% since the previous quarter

Key stats

What are the main financial stats of HBNC
Market
Shares outstanding
44.12M
Market cap
$656.88M
Enterprise value
$1.86B
Valuations
Price to earnings (P/E)
27.57
Price to book (P/B)
0.91
Price to sales (P/S)
3.59
EV/EBIT
54.25
EV/EBITDA
39.95
EV/Sales
10.14
Earnings
Revenue
$183.08M
EBIT
$34.21M
EBITDA
$46.46M
Free cash flow
$61.78M
Per share
EPS
$0.54
Free cash flow per share
$1.4
Book value per share
$16.35
Revenue per share
$4.15
TBVPS
$174.28
Balance sheet
Total assets
$7.86B
Total liabilities
$7.13B
Debt
$1.47B
Equity
$721.25M
Working capital
N/A
Liquidity
Debt to equity
2.04
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
25.81
Margins
EBITDA margin
25.4%
Gross margin
100%
Net margin
13%
Operating margin
18.7%
Efficiency
Return on assets
0.3%
Return on equity
3.3%
Return on invested capital
0.4%
Return on capital employed
N/A
Return on sales
18.7%
Dividend
Dividend yield
4.3%
DPS
$0.64
Payout ratio
118.5%

HBNC stock price

How has the Horizon Bancorp stock price performed over time
Intraday
5.6%
1 week
21.35%
1 month
28.58%
1 year
42.35%
YTD
4.05%
QTD
20.37%

Financial performance

How have Horizon Bancorp's revenue and profit performed over time
Revenue
$183.08M
Gross profit
$183.08M
Operating income
$34.21M
Net income
$23.74M
Gross margin
100%
Net margin
13%
HBNC's net income has dropped by 73% year-on-year and by 15% since the previous quarter
The operating income has plunged by 65% YoY and by 12% from the previous quarter
HBNC's net margin has dropped by 64% year-on-year and by 14% since the previous quarter
The operating margin has plunged by 54% YoY and by 11% from the previous quarter

Growth

What is Horizon Bancorp's growth rate over time

Valuation

What is Horizon Bancorp stock price valuation
P/E
27.57
P/B
0.91
P/S
3.59
EV/EBIT
54.25
EV/EBITDA
39.95
EV/Sales
10.14
HBNC's P/E is 176% above its 5-year quarterly average of 10.0 and 90% above its last 4 quarters average of 14.5
HBNC's EPS has shrunk by 73% YoY and by 16% QoQ
The stock's price to book (P/B) is 30% more than its last 4 quarters average of 0.7 but 9% less than its 5-year quarterly average of 1.0
The equity is up by 2.7% YoY
The P/S is 38% above the last 4 quarters average of 2.6 and 20% above the 5-year quarterly average of 3.0
HBNC's revenue is down by 24% year-on-year

Efficiency

How efficient is Horizon Bancorp business performance
HBNC's ROE has shrunk by 75% YoY and by 18% QoQ
HBNC's return on assets has dropped by 73% year-on-year and by 25% since the previous quarter
The ROIC has plunged by 64% YoY
HBNC's ROS has shrunk by 54% YoY and by 11% QoQ

Dividends

What is HBNC's dividend history
DPS
$0.64
Dividend yield
4.3%
Payout ratio
118.5%
Recent dividends

Financial health

How did Horizon Bancorp financials performed over time
HBNC's total assets is 10% greater than its total liabilities
HBNC's debt is 104% greater than its equity
HBNC's debt is up by 3.1% year-on-year
The equity is up by 2.7% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.