HBNC Horizon Bancorp Inc
Price (delayed)
$15.12
Market cap
$665.5M
P/E Ratio
18.67
Dividend/share
$0.64
EPS
$0.81
Enterprise value
$1.72B
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
HBNC's EPS has soared by 69% QoQ and by 27% YoY
HBNC's net income has surged by 68% since the previous quarter and by 27% year-on-year
HBNC's P/E is 47% above its 5-year quarterly average of 12.7 but 29% below its last 4 quarters average of 26.2
Key stats
What are the main financial stats of HBNC
Market
Valuations
Earnings
Shares outstanding
44.01M
Market cap
$665.5M
Enterprise value
$1.72B
Price to earnings (P/E)
18.67
Price to book (P/B)
0.87
Price to sales (P/S)
3.55
EV/EBIT
62.77
EV/EBITDA
43.3
EV/Sales
9.22
Revenue
$186.19M
Gross profit
$186.19M
Operating income
$27.35M
Net income
$35.43M
EBIT
$27.35M
EBITDA
$39.65M
Free cash flow
$1.28M
Per share
Balance sheet
Liquidity
EPS
$0.81
EPS diluted
$0.8
Free cash flow per share
$0.03
Book value per share
$17.47
Revenue per share
$4.26
TBVPS
$174.67
Total assets
$7.8B
Total liabilities
$7.04B
Debt
$1.35B
Equity
$763.58M
Working capital
N/A
Debt to equity
1.76
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
26.51
Margins
Efficiency
Dividend
EBITDA margin
21.3%
Gross margin
100%
Net margin
19%
Operating margin
14.7%
Return on assets
0.4%
Return on equity
4.8%
Return on invested capital
0.3%
Return on capital employed
N/A
Return on sales
14.7%
Dividend yield
4.23%
DPS
$0.64
Payout ratio
79%
HBNC stock price
How has the Horizon Bancorp stock price performed over time
Intraday
0.27%
1 week
-1.88%
1 month
-11.27%
1 year
21.64%
YTD
-6.15%
QTD
0.27%
Financial performance
How have Horizon Bancorp's revenue and profit performed over time
Revenue
$186.19M
Gross profit
$186.19M
Operating income
$27.35M
Net income
$35.43M
Gross margin
100%
Net margin
19%
HBNC's net income has surged by 68% since the previous quarter and by 27% year-on-year
HBNC's net margin has soared by 65% since the previous quarter and by 26% year-on-year
The operating income has contracted by 30% YoY and by 10% from the previous quarter
The operating margin has contracted by 30% 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
18.67
P/B
0.87
P/S
3.55
EV/EBIT
62.77
EV/EBITDA
43.3
EV/Sales
9.22
HBNC's EPS has soared by 69% QoQ and by 27% YoY
HBNC's P/E is 47% above its 5-year quarterly average of 12.7 but 29% below its last 4 quarters average of 26.2
The stock's price to book (P/B) is 9% more than its last 4 quarters average of 0.8 but 3.3% less than its 5-year quarterly average of 0.9
The equity is up by 6% YoY
The P/S is 18% above the 5-year quarterly average of 3.0 and 4.4% above the last 4 quarters average of 3.4
Efficiency
How efficient is Horizon Bancorp business performance
HBNC's ROE has soared by 66% QoQ and by 20% YoY
HBNC's return on assets is up by 33% since the previous quarter
HBNC's ROS is down by 30% YoY and by 11% QoQ
The ROIC has contracted by 25% YoY
Dividends
What is HBNC's dividend history
DPS
$0.64
Dividend yield
4.23%
Payout ratio
79%
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
The total liabilities has contracted by 2.5% YoY
HBNC's debt is 76% greater than its equity
Horizon Bancorp's debt to equity has decreased by 14% YoY and by 3.8% QoQ
HBNC's debt is down by 8% year-on-year and by 2.4% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.