Horizon Bancorp, Inc. (HBNC)Financial Services | Banks - Regional | Michigan City, United States | NasdaqGS
18.01 USD
+0.43
(2.446%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 18.01 Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆ |
Hot Take | April 11, 2026, 2:52 p.m. EDT
HBNC has shown a consistent dividend payout with a yield of 3.63%, making it an attractive option for income-focused investors. However, the company's recent financials, including negative earnings and a low forward PE, suggest caution. The price has been trending upward in the last 14 days, and while the short-term forecast shows minimal change, the long-term outlook remains uncertain. Investors should consider the dividend yield and the recent positive news about management changes and stock offerings as potential catalysts. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.045073 |
| AutoARIMA | 0.045074 |
| MSTL | 0.046211 |
| AutoTheta | 0.066841 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 60% |
| H-stat | 2.03 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.228 |
| Excess Kurtosis | -1.21 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-04-01 |
| Last Dividend Date | 2026-04-01 |
| Revenue per Share | -0.621 |
| Market Cap | 922,579,328 |
| Forward P/E | 8.22 |
| Beta | 0.80 |
| Website | https://www.horizonbank.com |
As of April 11, 2026, 2:52 p.m. EDT: Options activity indicates a mixed sentiment. Calls show increased volume and open interest around the 17.5 strike, suggesting some bullish sentiment, particularly for the June and September expirations. Puts show elevated open interest around the 15.0 strike, which could indicate some bearish positioning or protective strategies. The ATM IV for puts is higher, indicating more uncertainty or risk aversion among traders. Overall, the options data suggests a cautious outlook with potential for both upward and downward movement.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.95% | 3.96% | 5.06% | 4.80% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-02 | 0.160000 | 0.954654 |
| 2026-01-02 | 0.160000 | 0.976670 |
| 2025-10-03 | 0.160000 | 1.026950 |
| 2025-07-03 | 0.160000 | 1.005078 |
| 2025-04-04 | 0.160000 | 1.251823 |
| 2025-01-03 | 0.160000 | 1.067281 |
| 2024-10-04 | 0.160000 | 1.147293 |
| 2024-07-05 | 0.160000 | 1.445762 |
| 2024-04-04 | 0.160000 | 1.463554 |
| 2024-01-04 | 0.160000 | 1.277882 |
| 2023-10-05 | 0.160000 | 1.741573 |
| 2023-07-06 | 0.160000 | 1.831823 |
| 2023-04-05 | 0.160000 | 1.743729 |
| 2023-01-05 | 0.160000 | 1.225022 |
| 2022-10-06 | 0.160000 | 1.005959 |
| 2022-07-07 | 0.160000 | 1.093701 |
| 2022-04-07 | 0.150000 | 0.987580 |
| 2022-01-06 | 0.150000 | 0.838220 |
| 2021-10-07 | 0.150000 | 0.989818 |
| 2021-07-01 | 0.130000 | 0.908109 |
| 2021-03-31 | 0.130000 | 0.867168 |
| 2021-01-07 | 0.120000 | 0.895134 |
| 2020-10-01 | 0.120000 | 1.484555 |
| 2020-07-01 | 0.120000 | 1.527990 |
| 2020-04-02 | 0.120000 | 1.661778 |
| 2020-01-02 | 0.120000 | 0.832656 |
| 2019-10-03 | 0.120000 | 0.937763 |
| 2019-07-03 | 0.120000 | 0.973430 |
| 2019-04-04 | 0.100000 | 0.819724 |
| 2019-01-03 | 0.100000 | 0.841411 |
| 2018-10-04 | 0.100000 | 0.699494 |
| 2018-07-05 | 0.100000 | 0.649545 |
| 2018-04-05 | 0.100000 | 0.680765 |
| 2018-01-04 | 0.086667 | 0.662049 |
| 2017-10-05 | 0.086667 | 0.637289 |
| 2017-07-05 | 0.086667 | 0.676408 |
| 2017-04-05 | 0.073333 | 0.593475 |
| 2017-01-04 | 0.073333 | 0.548074 |
| 2016-10-05 | 0.066667 | 0.723429 |
| 2016-07-06 | 0.066667 | 0.839439 |
| 2016-04-06 | 0.066667 | 0.874437 |
| 2016-01-06 | 0.066667 | 0.769268 |
| 2015-09-30 | 0.066667 | 0.904342 |
| 2015-06-24 | 0.062222 | 0.792985 |
| 2015-03-31 | 0.062222 | 0.867293 |
| 2014-12-30 | 0.062222 | 0.769773 |
| 2014-10-01 | 0.057778 | 0.832924 |
| 2014-07-01 | 0.057778 | 0.864488 |
| 2014-04-02 | 0.048889 | 0.726687 |
| 2013-12-31 | 0.048889 | 0.646928 |
| 2013-09-25 | 0.048889 | 0.686579 |
| 2013-06-26 | 0.044444 | 0.751868 |
| 2013-04-03 | 0.044444 | 0.773439 |
| 2012-12-20 | 0.044444 | 0.771391 |
| 2012-09-26 | 0.044444 | 0.800131 |
| 2012-06-27 | 0.038519 | 0.760660 |
| 2012-04-03 | 0.038519 | 1.105042 |
| 2011-12-29 | 0.035556 | 1.071806 |
| 2011-09-28 | 0.035556 | 1.082748 |
| 2011-06-29 | 0.033580 | 0.976022 |
| 2011-03-30 | 0.033580 | 0.961239 |
| 2010-12-30 | 0.033580 | 1.019147 |
| 2010-09-29 | 0.033580 | 1.248653 |
| 2010-06-29 | 0.033580 | 1.249663 |
| 2010-04-12 | 0.033580 | 1.348256 |
| 2009-12-30 | 0.033580 | 1.757129 |
| 2009-09-30 | 0.033580 | 1.652550 |
| 2009-06-30 | 0.033580 | 1.756546 |
| 2009-04-01 | 0.033580 | 2.550226 |
| 2008-12-30 | 0.033580 | 2.381267 |
| 2008-09-30 | 0.033580 | 1.332676 |
| 2008-07-01 | 0.033580 | 1.757517 |
| 2008-04-02 | 0.029630 | 1.162996 |
| 2008-01-02 | 0.029630 | 1.116524 |
| 2007-10-02 | 0.029630 | 1.034711 |
| 2007-07-02 | 0.029630 | 0.999586 |
| 2007-03-29 | 0.027654 | 0.956452 |
| 2007-01-03 | 0.027654 | 0.938578 |
| 2006-09-28 | 0.027654 | 0.986850 |
| 2006-06-30 | 0.027654 | 0.989902 |
| 2006-03-30 | 0.027654 | 0.846441 |
| 2005-12-29 | 0.027654 | 0.996365 |
| 2005-09-29 | 0.025679 | 0.917915 |
| 2005-06-30 | 0.025679 | 0.947249 |
| 2005-03-30 | 0.025679 | 0.856060 |
| 2004-12-30 | 0.025679 | 0.917385 |
| 2004-09-30 | 0.023704 | 0.926979 |
| 2004-06-30 | 0.023704 | 0.975350 |
| 2004-03-30 | 0.023704 | 0.905534 |
| 2003-12-30 | 0.023704 | 0.806383 |
| 2003-09-30 | 0.021070 | 0.883532 |
| 2003-07-01 | 0.021070 | 1.026333 |
| 2003-03-20 | 0.021070 | 1.137269 |
| 2002-12-24 | 0.021070 | 1.235372 |
| 2002-09-26 | 0.019753 | 1.378448 |
| 2002-06-27 | 0.019753 | 1.375925 |
| 2002-03-27 | 0.019753 | 1.544310 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.3031875 |
| Address1 | 515 Franklin Street |
| All Time High | 23.8 |
| All Time Low | 2.074074 |
| Ask | 18.05 |
| Ask Size | 1 |
| Audit Risk | 9 |
| Average Daily Volume10 Day | 291,320 |
| Average Daily Volume3 Month | 374,922 |
| Average Volume | 374,922 |
| Average Volume10Days | 291,320 |
| Beta | 0.797 |
| Bid | 17.95 |
| Bid Size | 1 |
| Board Risk | 1 |
| Book Value | 13.438 |
| City | Michigan City |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 18.01 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 18.26 |
| Day Low | 17.82 |
| Display Name | Horizon Bancorp |
| Dividend Date | 1,776,384,000 |
| Dividend Rate | 0.64 |
| Dividend Yield | 3.55 |
| Earnings Call Timestamp End | 1,776,947,400 |
| Earnings Call Timestamp Start | 1,776,947,400 |
| Earnings Timestamp | 1,776,888,000 |
| Earnings Timestamp End | 1,776,888,000 |
| Earnings Timestamp Start | 1,776,888,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | -41.011 |
| Enterprise Value | 1,183,646,336 |
| Eps Current Year | 2.05 |
| Eps Forward | 2.19 |
| Eps Trailing Twelve Months | -3.24 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,775,088,000 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 17.0532 |
| Fifty Day Average Change | 0.95680046 |
| Fifty Day Average Change Percent | 0.0561068 |
| Fifty Two Week Change Percent | 30.318748 |
| Fifty Two Week High | 19.07 |
| Fifty Two Week High Change | -1.0599995 |
| Fifty Two Week High Change Percent | -0.05558466 |
| Fifty Two Week Low | 13.3 |
| Fifty Two Week Low Change | 4.71 |
| Fifty Two Week Low Change Percent | 0.35413533 |
| Fifty Two Week Range | 13.3 - 19.07 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,010,586,600,000 |
| Five Year Avg Dividend Yield | 4.11 |
| Float Shares | 50,048,262 |
| Forward Eps | 2.19 |
| Forward P E | 8.223744 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 465 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.0 |
| Gross Profits | -28,862,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.022090001 |
| Held Percent Institutions | 0.80515 |
| Implied Shares Outstanding | 51,225,947 |
| Industry | Banks - Regional |
| Industry Disp | Banks - Regional |
| Industry Key | banks-regional |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,775,088,000 |
| Last Dividend Value | 0.16 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,529,280,000 |
| Last Split Factor | 3:2 |
| Long Business Summary | Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides commercial and retail banking services to individuals and corporate clients in Indiana and Michigan in the United States. The company offers checking, savings, money market, certificates of deposit, and time deposit accounts, as well as non-interest and interest-bearing demand deposits. It also provides commercial loans, residential real estate loans, mortgage warehouse loans, and consumer loans; home equity loans and lines; auto loans; personal loans and lines; business loans and lines; SBA loans; public fund, medical practice, and franchise financing; and equipment finance solutions. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; debit and credit cards; treasury management; and remote deposit, merchant processing, online payment portal, lockbox, smart safe, ACH origination, online bill pay, wire transfer, and positive and reverse positive pay services, as well as sells various life insurance products. Further, it provides online and mobile banking; health savings accounts; wealth management, financial planning, investment management, and insurance services; retirement services, including individual retirement accounts (IRAs), business IRAs, and employee benefit plans; and estate planning and settlement services. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana. |
| Long Name | Horizon Bancorp, Inc. |
| Market | us_market |
| Market Cap | 922,579,328 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_386991 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | -150,482,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 922,579,287 |
| Number Of Analyst Opinions | 5 |
| Open | 17.82 |
| Operating Cashflow | 79,231,000 |
| Operating Margins | 0.47269002 |
| Overall Risk | 4 |
| Payout Ratio | 0.547 |
| Peg Ratio | 0.8 |
| Phone | 219 879 0211 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 18.01 |
| Post Market Time | 1,776,456,605 |
| Previous Close | 17.58 |
| Price Eps Current Year | 8.785366 |
| Price Hint | 2 |
| Price To Book | 1.3402293 |
| Price To Sales Trailing12 Months | -31.96519 |
| Profit Margins | 0.0 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.43 |
| Regular Market Change Percent | 2.44596 |
| Regular Market Day High | 18.26 |
| Regular Market Day Low | 17.82 |
| Regular Market Day Range | 17.82 - 18.26 |
| Regular Market Open | 17.82 |
| Regular Market Previous Close | 17.58 |
| Regular Market Price | 18.01 |
| Regular Market Time | 1,776,456,001 |
| Regular Market Volume | 355,394 |
| Return On Assets | -0.021140002 |
| Return On Equity | -0.20729999 |
| Revenue Growth | 2.187 |
| Revenue Per Share | -0.621 |
| Sand P52 Week Change | 0.36506534 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Share Holder Rights Risk | 7 |
| Shares Outstanding | 51,225,946 |
| Shares Percent Shares Out | 0.0278 |
| Shares Short | 1,425,755 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 1,201,131 |
| Short Name | Horizon Bancorp, Inc. |
| Short Percent Of Float | 0.028199999 |
| Short Ratio | 3.93 |
| Source Interval | 15 |
| State | IN |
| Symbol | HBNC |
| Target High Price | 22.0 |
| Target Low Price | 20.0 |
| Target Mean Price | 20.8 |
| Target Median Price | 21.0 |
| Total Cash | 157,094,000 |
| Total Cash Per Share | 3.067 |
| Total Debt | 418,160,992 |
| Total Revenue | -28,862,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.64 |
| Trailing Annual Dividend Yield | 0.036405005 |
| Trailing Eps | -3.24 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 16.6019 |
| Two Hundred Day Average Change | 1.4081001 |
| Two Hundred Day Average Change Percent | 0.0848156 |
| Type Disp | Equity |
| Volume | 355,394 |
| Website | https://www.horizonbank.com |
| Zip | 46,360 |