HBNC Horizon Bancorp PE ratio, current and historical analysis

The current PE ratio for Horizon Bancorp stock as of Apr 1, 2025 is 18.67. This is calculated based on the current EPS of $0.81 and the stock price of $15.12 per share. The P/E ratio has a decrease of 29% from the past four quarters average of 26.2.

HBNC PE ratio history

How has HBNC's PE ratio performed in the past

The average historical PE ratio of Horizon Bancorp for the last ten years is 13.96. The current PE ratio of 18.67 is 34% 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.

Today
18.67
Average
13.96
Median
12.01
Minimum
5.48
Maximum
32.4

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
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
Jun 2021 9.08 -14.5% $17.43 $1.92

HBNC average PE ratio chart

What is the average PE ratio of HBNC for the past years

The current PE ratio of HBNC is greater than its 3, 5 and 10-year historical averages.

3-year avg
15.28
5-year avg
12.68
10-year avg
13.96
15-year avg
12.42

HBNC PE vs peers

What is HBNC's PE ratio compared to its 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 12.84.

Stock name PE ratio Market cap
SRCE 1St Source Corp 11.17 $1.47B
FRME First Merchants Corp 11.75 $2.35B
THFF First Financial Corp 12.16 $576.55M
ONB Old National Bancorp 12.44 $6.7B
GABC German American Bancorp Inc 13.24 $1.4B
LKFN Lakeland Financial Corp 16.25 $1.51B
HBNC Horizon Bancorp Inc 18.67 $665.5M

Frequently asked questions

What is Horizon Bancorp's PE ratio?

The price to earnings ratio for HBNC stock as of Apr 1, 2025, stands at 18.67.

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 15.28.

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 12.68.

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 34% 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 (Apr 1, 2025), Horizon Bancorp's stock price is $15.12. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $0.81. Therefore, Horizon Bancorp's P/E ratio for today is 18.67. PE RATIO(18.67) = STOCK PRICE($15.12) / TTM EPS($0.81)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.