HBNC Horizon Bancorp PE ratio, current and historical analysis
The current PE ratio for Horizon Bancorp stock as of Feb 21, 2025 is 34.94. This is calculated based on the current EPS of $0.48 and the stock price of $16.77 per share. The P/E ratio has an increase of 30% from the past four quarters average of 26.8.
HBNC PE ratio history
The average historical PE ratio of Horizon Bancorp for the last ten years is 13.73. The current PE ratio of 34.94 is 154% 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 |
|---|---|---|---|---|
| 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 |
| 2009 | 6.82 | 51.89% | $3.2 | $0.47 |
Horizon Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jun 2021 | 9.08 | -14.5% | $17.43 | $1.92 |
| Mar 2021 | 10.62 | 4.42% | $18.58 | $1.75 |
HBNC average PE ratio chart
The current PE ratio of HBNC is greater than its 3, 5 and 10-year historical averages.
HBNC PE vs peers
Compared to its peer stocks ONB and FRME, HBNC's PE ratio stands higher. Horizon Bancorp's PE ratio is trading above the peer group average of 14.34.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SRCE 1St Source Corp | 11.91 | $1.57B |
| THFF First Financial Corp | 13.6 | $592.66M |
| ONB Old National Bancorp | 13.88 | $7.48B |
| GABC German American Bancorp Inc | 14.23 | $1.17B |
| FRME First Merchants Corp | 14.38 | $2.55B |
| LKFN Lakeland Financial Corp | 18.02 | $1.68B |
| HBNC Horizon Bancorp Inc | 34.94 | $733.1M |
Frequently asked questions
What is Horizon Bancorp's PE ratio?
The price to earnings ratio for HBNC stock as of Feb 21, 2025, stands at 34.94.
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 14.29.
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 11.97.
What is the highest PE ratio for HBNC?
The current P/E of 34.94 represents the highest historical value in the last ten years.
How does the current PE ratio for HBNC compare to its historical average?
The current price to earnings ratio of HBNC is 154% 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 (Feb 21, 2025), Horizon Bancorp's stock price is $16.77. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.48. Therefore, Horizon Bancorp's P/E ratio for today is 34.94. PE RATIO(34.94) = STOCK PRICE($16.77) / TTM EPS($0.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.