Horizon BancorpHBNC
HBNC
About: Horizon Bancorp (IN) is a United States-based holding company providing banking services. It is engaged in providing commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. The company also provides commercial loans, real estate loans, mortgage warehouse loans, consumer loans, and other credit facilities. The company has one principal business segment, commercial banking.
Employees: 862
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
12,833% more call options, than puts
Call options by funds: $776K | Put options by funds: $6K
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
1% more funds holding
Funds holding: 181 [Q4 2024] → 183 (+2) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
0.34% less ownership
Funds ownership: 69.83% [Q4 2024] → 69.49% (-0.34%) [Q1 2025]
8% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 64
6% less capital invested
Capital invested by funds: $492M [Q4 2024] → $461M (-$30.5M) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$17
16%
upside
Avg. target
$17
16%
upside
High target
$17
16%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Piper Sandler Nathan Race | 16%upside $17 | Neutral Maintained | 28 Apr 2025 |
Keefe, Bruyette & Woods Damon Delmonte | 16%upside $17 | Market Perform Maintained | 25 Apr 2025 |
Financial journalist opinion
Positive
Zacks Investment Research
1 month ago
Wall Street Analysts Predict a 25.51% Upside in Horizon Bancorp (HBNC): Here's What You Should Know
The consensus price target hints at a 25.5% upside potential for Horizon Bancorp (HBNC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Neutral
Seeking Alpha
1 month ago
Horizon Bancorp, Inc. (HBNC) Q1 2025 Earnings Call Transcript
Horizon Bancorp, Inc. (NASDAQ:HBNC ) Q1 2025 Earnings Conference Call April 24, 2025 8:30 AM ET Company Participants Thomas Prame - Chief Executive Officer and President Lynn Kerber - Executive Vice President and Chief Commercial Banking Officer John Stewart - Executive Vice President and Chief Financial Officer Conference Call Participants Brendan Nosal - Hovde Group Terry McEvoy - Stephens Damon DelMonte - KBW Nathan Race - Piper Sandler David Long - Raymond James Brian Martin - Janney Montgomery Operator Good morning, everyone, and welcome to the Horizon Bancorp, Inc. Conference Call to discuss Financial Results for the First Quarter of 2025. [Operator Instructions] Before turning the call over to the management, please remember that today's call may contain statements that are forward-looking in nature.
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Horizon Bancorp (HBNC) Q1 Earnings: A Look at Key Metrics
The headline numbers for Horizon Bancorp (HBNC) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
Horizon Bancorp (HBNC) Q1 Earnings and Revenues Beat Estimates
Horizon Bancorp (HBNC) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.32 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Horizon Bancorp, Inc. Reports First Quarter 2025 Results
MICHIGAN CITY, Ind., April 23, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited financial results for the three months ended March 31, 2025.
Positive
Seeking Alpha
2 months ago
Horizon Bancorp: Attractive Ahead Of Q1 Earnings
Horizon Bancorp shares have declined 25% from their highs, presenting a buying opportunity ahead of their April 23rd earnings report. The bank has undergone a smooth management transition, with a new CEO and independent chairman, posing a modest but acceptable risk. Horizon's balance sheet repositioning has boosted net interest margins, and the bank is well-capitalized with an 11% CET1 ratio.
Neutral
GlobeNewsWire
2 months ago
Horizon Bancorp, Inc. Announces Conference Call to Review First Quarter Results on April 24
Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Thursday, April 24, 2025 to review its first quarter 2025
Positive
Seeking Alpha
2 months ago
Horizon Bancorp Appears Undervalued With A Positive Earnings Outlook
The loan growth will likely slow down significantly this year because of a planned runoff of auto loans. Further, the outlook for commercial loans is lackluster. The recent sales of AFS Securities and the Mortgage Warehouse business will lift the net interest margin. Further, interest rate cuts will benefit the margin. I'm expecting earnings to grow to $1.75 per share in 2025 from $0.80 per share in 2024.
Positive
Zacks Investment Research
2 months ago
Horizon Bancorp (HBNC) Moves to Strong Buy: Rationale Behind the Upgrade
Horizon Bancorp (HBNC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
2 months ago
Best Income Stocks to Buy for March 25th
ALX, HAFC and HBNC made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 25, 2025.
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