Horizon Bancorp, Inc.

HBNC

US4404071049

Banks

Real-time Estimate Cboe BZX Other stock markets 12:03:05 24/05/2024 am IST			5-day change	1st Jan Change
12.33 ^USD	-2.68%		-3.61%	-14.26%

13/05	Horizon Bancorp Names John Stewart as Chief Financial Officer, Mark Secor as Chief Administration Officer	MT
29/04	Piper Sandler Adjusts Price Target on Horizon Bancorp to $13 From $14, Maintains Neutral Rating	MT

Horizon Bancorp, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023

April 27, 2023 at 02:05 am IST

Horizon Bancorp, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported net interest income was USD 45.24 million compared to USD 46.83 million a year ago. Net income was USD 18.23 million compared to USD 23.56 million a year ago.

Basic earnings per share from continuing operations was USD 0.42 compared to USD 0.54 a year ago. Diluted earnings per share from continuing operations was USD 0.42 compared to USD 0.54 a year ago.

Latest news about Horizon Bancorp, Inc.

Horizon Bancorp Names John Stewart as Chief Financial Officer, Mark Secor as Chief Administration Officer	14/05	MT
Piper Sandler Adjusts Price Target on Horizon Bancorp to $13 From $14, Maintains Neutral Rating	29/04	MT
Transcript : Horizon Bancorp, Inc., Q1 2024 Earnings Call, Apr 25, 2024	25/04
Earnings Flash (HBNC) HORIZON BANCORP Reports Q1 EPS $0.32, vs. Street Est of $0.31	25/04	MT
Horizon Bancorp, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	25/04	CI
Horizon Bancorp, Inc. Appoints Cindy Kirkham as AVP, Community Development Operations Officer	18/04	CI
Tranche Update on Horizon Bancorp, Inc.'s Equity Buyback Plan announced on July 17, 2019.	15/03	CI
Transcript : Horizon Bancorp, Inc., Q4 2023 Earnings Call, Jan 25, 2024	25/01
Horizon Bancorp, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	25/01	CI
Horizon Bancorp, Inc. Announces Executive Appointments	24/01	CI
Horizon Bancorp, Inc. and Horizon Bank Announces Retirement of Peter L. Pairitz from the Board of Directors	24/01	CI
Horizon Bancorp, Inc. Announces Passing of Director Spero W. Valavanis	16/01	CI
Piper Sandler Raises Price Target on Horizon Bancorp to $14 From $10, Maintains Neutral Rating	13/12	MT
Tranche Update on Horizon Bancorp, Inc.'s Equity Buyback Plan announced on July 17, 2019.	10/11	CI
Horizon Bancorp, Inc. Announces Executive Changes	08/11	CI
Horizon Bancorp, Inc. Announces CFO Transition	08/11	CI
Piper Sandler Cuts Horizon Bancorp's Price Target to $10 From $12, Keeps Neutral Rating	30/23/30	MT
Transcript : Horizon Bancorp, Inc., Q3 2023 Earnings Call, Oct 26, 2023	26/23/26
Earnings Flash (HBNC) HORIZON BANCORP Reports Q3 EPS $0.37, vs. Street Est of $0.36	26/23/26	MT
Horizon Bancorp, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	26/23/26	CI
Tranche Update on Horizon Bancorp, Inc.'s Equity Buyback Plan announced on July 17, 2019.	09/23/09	CI
Piper Sandler Adjusts Horizon Bancorp's Price Target to $14 From $11, Keeps Neutral Rating	31/23/31	MT
Transcript : Horizon Bancorp, Inc., Q2 2023 Earnings Call, Jul 27, 2023	27/23/27
Horizon Bancorp's Q2 Adjusted Earnings, Revenue Decline	27/23/27	MT
Earnings Flash (HBNC) HORIZON BANCORP Reports Q2 EPS $0.41, vs. Street Est of $0.38	27/23/27	MT

Chart Horizon Bancorp, Inc.

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Company Profile

Horizon Bancorp, Inc. is a bank holding company for Horizon Bank, which serves customers across Midwestern markets through digital and virtual tools, as well as its Indiana and Michigan branches. The Company operates through a single segment, which is commercial banking. The Bank is a full-service commercial bank offering commercial and retail banking services, corporate and individual trust and agency services and other services incident to banking. Its retail offerings include prime residential, indirect auto, and other secured consumer lending to in-market customers, as well as a range of personal banking and wealth management solutions. It also provides a range of in-market business banking and treasury management services, as well as equipment financing solutions for customers regionally and nationally. The Bank maintains around 71 full service offices. The Bank's subsidiaries include Horizon Investments, Inc., Horizon Properties, Inc. and Horizon Insurance Services, Inc.

Sector

Banks

Calendar

24/07/2024 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for Horizon Bancorp, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

12.67 USD

Average target price

14.38 USD

Spread / Average Target

+13.46%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

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