HBNC Horizon Bancorp PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: HBNC
- PE Ratio
The current PE ratio for Horizon Bancorp stock as of May 16, 2025 is 15.19. This is calculated based on the current EPS of $1.04 and the stock price of $15.8 per share. The P/E ratio has a decrease of 36% from the past four quarters average of 23.9.
HBNC PE ratio history
The average historical PE ratio of Horizon Bancorp for the last ten years is 13.97. The current PE ratio of 15.19 is 9% above the historical average. Over the past ten years, HBNC's PE ratio was at its highest in the Sep 2024 quarter at 32.4, when the stock price was $15.55 and the EPS was $0.48. The lowest value was in the Mar 2023 quarter, when it reached 5.48 with a price of $11.06 and an EPS of $2.02.
Horizon Bancorp PE ratio by year
Maximum annual increase: 217.16% in 2023
Maximum annual decrease: -41.22% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 19.89 | -11.05% | $16.11 | $0.81 |
| 2023 | 22.36 | 217.16% | $14.31 | $0.64 |
| 2022 | 7.05 | -32.73% | $15.08 | $2.14 |
| 2021 | 10.48 | 3.05% | $20.85 | $1.99 |
| 2020 | 10.17 | -18.12% | $15.86 | $1.56 |
| 2019 | 12.42 | 9.43% | $19 | $1.53 |
| 2018 | 11.35 | -41.22% | $15.78 | $1.39 |
| 2017 | 19.31 | -17.23% | $18.53 | $0.96 |
| 2016 | 23.33 | 63.38% | $18.67 | $0.8 |
| 2015 | 14.28 | 8.18% | $12.43 | $0.87 |
| 2014 | 13.2 | 17.23% | $11.62 | $0.88 |
| 2013 | 11.26 | 36.65% | $11.26 | $1 |
| 2012 | 8.24 | 10.75% | $8.73 | $1.06 |
| 2011 | 7.44 | -22.09% | $5.14 | $0.69 |
| 2010 | 9.55 | 40.03% | $5.25 | $0.55 |
Horizon Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 14.5 | -27.1% | $15.08 | $1.04 |
| Dec 2024 | 19.89 | -38.61% | $16.11 | $0.81 |
| Sep 2024 | 32.4 | 12.62% | $15.55 | $0.48 |
| Jun 2024 | 28.77 | 21.09% | $12.37 | $0.43 |
| Mar 2024 | 23.76 | 6.26% | $12.83 | $0.54 |
| Dec 2023 | 22.36 | 256.05% | $14.31 | $0.64 |
| Sep 2023 | 6.28 | 13.36% | $10.68 | $1.7 |
| Jun 2023 | 5.54 | 1.09% | $10.41 | $1.88 |
| Mar 2023 | 5.48 | -22.27% | $11.06 | $2.02 |
| Dec 2022 | 7.05 | -15.57% | $15.08 | $2.14 |
| Sep 2022 | 8.35 | 2.08% | $17.96 | $2.15 |
| Jun 2022 | 8.18 | -9.71% | $17.42 | $2.13 |
| Mar 2022 | 9.06 | -13.55% | $18.67 | $2.06 |
| Dec 2021 | 10.48 | 14.79% | $20.85 | $1.99 |
| Sep 2021 | 9.13 | 0.55% | $18.17 | $1.99 |
HBNC Price vs fair value
HBNC average PE ratio chart
The current PE ratio of HBNC is greater than its 5 and 10-year historical averages, but it is below the 3-year average.
HBNC PE vs peers
Compared to its peers LKFN and GABC, HBNC's PE ratio stands lower, however it is higher than ONB's and FRME's. Horizon Bancorp's PE ratio is trading above the peer group average of 13.24.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SRCE 1St Source Corp | 10.96 | $1.53B |
| FRME First Merchants Corp | 10.97 | $2.28B |
| THFF First Financial Corp | 11.47 | $628.08M |
| ONB Old National Bancorp | 12.72 | $7.08B |
| HBNC Horizon Bancorp Inc | 15.19 | $696.74M |
| GABC German American Bancorp Inc | 15.88 | $1.48B |
| LKFN Lakeland Financial Corp | 17.41 | $1.56B |
Frequently asked questions
What is Horizon Bancorp's PE ratio?
The price to earnings ratio for HBNC stock as of May 16, 2025, stands at 15.19.
What is the 3-year average PE ratio for Horizon Bancorp (HBNC)?
As an average over the last 3 years, HBNC stock has a PE ratio of 15.21.
What is the 5-year average PE ratio for Horizon Bancorp (HBNC)?
As an average over the last 5 years, HBNC stock has a PE ratio of 12.77.
What is the highest PE ratio for HBNC?
The highest quarterly PE ratio in the last ten years has been 32.4 and it was in the Sep 2024 quarter.
How does the current PE ratio for HBNC compare to its historical average?
The current price to earnings ratio of HBNC is 9% higher than the 10-year historical average.
How is HBNC's PE ratio calculated (Horizon Bancorp PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 16, 2025), Horizon Bancorp's stock price is $15.8. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $1.04. Therefore, Horizon Bancorp's P/E ratio for today is 15.19. PE RATIO(15.19) = STOCK PRICE($15.8) / TTM EPS($1.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.