NASDAQ: HBNCHorizon Bancorp Inc Stock
$11.84+0.42 (+3.68%)
Updated Apr 19, 2024
HBNC Price
$11.84
Fair Value Price
$17.09
Market Cap
$522.28M
52 Week Low
$7.69
52 Week High
$14.71
P/E
18.5x
P/B
0.73x
P/S
3.41x
PEG
N/A
Dividend Yield
5.41%
Revenue
$185.28M
Earnings
$27.98M
Gross Margin
100%
Operating Margin
21.05%
Profit Margin
15.1%
Debt to Equity
10.05
Operating Cash Flow
$89M
Beta
1.16
Next Earnings
Apr 25, 2024
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 (33)
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Due Diligence Checks
HBNC ($11.84) is undervalued by 30.7% relative to our estimate of its Fair Value price of $17.09 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
HBNC ($11.84) is significantly undervalued by 30.7% relative to our estimate of its Fair Value price of $17.09 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
HBNC was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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HBNC News
Valuation
HBNC fair value
Fair Value of HBNC stock based on Discounted Cash Flow (DCF)
Price
$11.84
Fair Value
$17.09
Undervalued by
30.70%
HBNC ($11.84) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HBNC ($11.84) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
HBNC was unprofitable, so we... 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
18.5x
Industry
-10.33x
Market
40.51x
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
0.73x
Industry
0.97x
HBNC is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
HBNC's financial health
Profit margin
Revenue
$20.5M
Net Income
-$25.2M
Profit Margin
-122.8%
HBNC's Earnings (EBIT) of $39.00M... subscribe to Premium to read more.
Interest Coverage Financials
HBNC's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$7.9B
Liabilities
$7.2B
Debt to equity
10.05
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
$15.0M
Investing
$385.3M
Financing
-$48.9M
HBNC's operating cash flow ($88.94M)... subscribe to Premium to read more.
Debt Coverage Financials
HBNC vs Bank Stocks
Horizon Bancorp Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.