NASDAQ: HBNCHorizon Bancorp Inc Stock
$10.87+0.56 (+5.43%)
Updated Mar 24, 2023
HBNC Price
$10.87
Fair Value Price
$13.77
Market Cap
$473.69M
52 Week Low
$10.15
52 Week High
$20.64
P/E
5.08x
P/B
0.7x
P/S
2.66x
PEG
0.4x
Dividend Yield
5.8%
Revenue
$248.79M
Earnings
$93.41M
Gross Margin
100%
Operating Margin
42.44%
Profit Margin
37.5%
Debt to Equity
10.62
Operating Cash Flow
$94M
Beta
1.07
Next Earnings
Apr 25, 2023
Ex-Dividend
N/A
Next Dividend
N/A
HBNC Overview
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers various deposits. It also provides commercial, residential real estate, mortgage warehouse, and consumer loans. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; and sells various insurance products. It operates through a network of 78 full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.
Zen Score
–
Industry Average (39)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how HBNC scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.
Due Diligence Checks
HBNC ($10.87) is undervalued by 21.05% relative to our estimate of its Fair Value price of $13.77 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
HBNC ($10.87) is significantly undervalued by 21.05% relative to our estimate of its Fair Value price of $13.77 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
HBNC ($10.87) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more HBNC due diligence checks available for Premium users.
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HBNC News
Valuation
HBNC fair value
Fair Value of HBNC stock based on Discounted Cash Flow (DCF)
Price
$10.87
Fair Value
$13.77
Undervalued by
21.05%
HBNC ($10.87) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HBNC ($10.87) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
HBNC ($10.87) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
HBNC price to earnings (PE)
For valuing profitable companies with steady earnings
Company
5.08x
Industry
21.11x
Market
21.37x
HBNC is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
HBNC is good value based... subscribe to Premium to read more.
P/E vs Market Valuation
HBNC price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
0.7x
Industry
0.96x
HBNC is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
HBNC price to earnings growth (PEG)
For valuing profitable companies with growth potential
HBNC is good value based... subscribe to Premium to read more.
PEG Value Valuation
HBNC's financial health
Profit margin
Revenue
$55.7M
Net Income
$21.2M
Profit Margin
38%
HBNC's Earnings (EBIT) of $105.58M... subscribe to Premium to read more.
Interest Coverage Financials
HBNC's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$7.9B
Liabilities
$7.2B
Debt to equity
10.62
HBNC's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
HBNC's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
$16.7M
Investing
-$117.6M
Financing
$114.7M
HBNC's operating cash flow ($94.38M)... subscribe to Premium to read more.
Debt Coverage Financials
HBNC vs Bank Stocks
Horizon Bancorp Stock FAQ
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