HBNC Horizon Bancorp Inc

  1. Stocks
  2. Financial Services
  3. NASDAQ: HBNC

Price (delayed)

$12.03

Market cap

$530.66M

P/E Ratio

18.8

Dividend/share

$0.64

EPS

$0.64

Enterprise value

$1.47B

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 6% YoY and by 3.7% from the previous quarter
HBNC's P/E is 104% above its 5-year quarterly average of 9.4 and 94% above its last 4 quarters average of 9.9
HBNC's EPS has shrunk by 70% YoY and by 62% QoQ
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.accesshorizon.com
Peers: GABC SRCE ONB THFF

Key stats

What are the main financial stats of HBNC
Market
Shares outstanding
44.11M
Market cap
$530.66M
Enterprise value
$1.47B
Valuations
Price to earnings (P/E)
18.8
Price to book (P/B)
0.74
Price to sales (P/S)
2.86
EV/EBIT
37.64
EV/EBITDA
28.8
EV/Sales
7.92
Earnings
Revenue
$185.28M
EBIT
$39M
EBITDA
$50.97M
Free cash flow
$81.16M
Per share
EPS
$0.64
Free cash flow per share
$1.84
Book value per share
$16.29
Revenue per share
$4.2
TBVPS
$176.17
Balance sheet
Total assets
$7.94B
Total liabilities
$7.22B
Debt
$1.47B
Equity
$718.81M
Working capital
N/A
Liquidity
Debt to equity
2.04
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
18.39
Margins
EBITDA margin
27.5%
Gross margin
100%
Net margin
15.1%
Operating margin
21%
Efficiency
Return on assets
0.4%
Return on equity
4%
Return on invested capital
0.4%
Return on capital employed
N/A
Return on sales
21%
Dividend
Dividend yield
5.32%
DPS
$0.64
Payout ratio
100%

HBNC stock price

How has the Horizon Bancorp stock price performed over time
Intraday
-1.88%
1 week
6.55%
1 month
-2.12%
1 year
15.78%
YTD
-15.93%
QTD
-6.24%

Financial performance

How have Horizon Bancorp's revenue and profit performed over time
Revenue
$185.28M
Gross profit
$185.28M
Operating income
$39M
Net income
$27.98M
Gross margin
100%
Net margin
15.1%
HBNC's net income has dropped by 70% year-on-year and by 62% since the previous quarter
The operating income has plunged by 63% YoY and by 52% from the previous quarter
HBNC's net margin has dropped by 60% year-on-year and by 55% since the previous quarter
The operating margin has plunged by 50% YoY and by 42% from the previous quarter

Growth

What is Horizon Bancorp's growth rate over time

Valuation

What is Horizon Bancorp stock price valuation
P/E
18.8
P/B
0.74
P/S
2.86
EV/EBIT
37.64
EV/EBITDA
28.8
EV/Sales
7.92
HBNC's P/E is 104% above its 5-year quarterly average of 9.4 and 94% above its last 4 quarters average of 9.9
HBNC's EPS has shrunk by 70% YoY and by 62% QoQ
The stock's price to book (P/B) is 25% less than its 5-year quarterly average of 1.0 but 7% more than its last 4 quarters average of 0.7
The equity is up by 6% YoY and by 3.7% from the previous quarter
HBNC's revenue is down by 26% year-on-year and by 17% since the previous quarter
The P/S is 22% above the last 4 quarters average of 2.4 but 6% below the 5-year quarterly average of 3.1

Efficiency

How efficient is Horizon Bancorp business performance
HBNC's ROE has shrunk by 72% YoY and by 63% QoQ
HBNC's return on assets has dropped by 67% year-on-year and by 56% since the previous quarter
The ROIC has plunged by 67% YoY and by 56% from the previous quarter
HBNC's ROS has shrunk by 50% YoY and by 42% QoQ

Dividends

What is HBNC's dividend history
Dividend details
DPS
$0.64
Dividend yield
5.32%
Payout ratio
100%
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 16% year-on-year
Horizon Bancorp's debt to equity has increased by 10% YoY but it has decreased by 3.8% QoQ

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