Horizon Bancorp

HBNC

Market cap $992M

Does Horizon Bancorp (HBNC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Horizon Bancorp (HBNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Horizon Bancorp, Inc. (HBNC) Q1 2026 Earnings Call Transcript

Horizon Bancorp has delivered an 8.7% total return since my last Buy rating, outperforming the S&P 500 and KRE. Strategic asset sales, including $1.7B in securities and $190M in auto loans, have reduced risk and are expected to improve margins and ROA. Deposit costs remain well-managed at 1.97%, 72 bps below peers, reflecting successful efforts to reduce high-cost transactional deposits.

While the top- and bottom-line numbers for Horizon Bancorp (HBNC) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Horizon Bancorp (HBNC) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.54 per share a year ago.

MICHIGAN CITY, Ind, April 22, 2026 (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, 2026. “Horizon's first quarter results demonstrate the consistency of our profitability profile and the strength of Horizon's high quality community banking model.

MICHIGAN CITY, Ind., April 01, 2026 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m.

AKZOY, GNRC and HBNC have been added to the Zacks Rank #5 (Strong Sell) List on February 5, 2026.

Horizon Bancorp is rated a "Buy" with a $20 price target, offering ~15% upside after a successful balance sheet repositioning. HBNC's net interest margin expanded to 4.29%, supported by aggressive deposit rate management and a shift toward higher-yielding commercial loans. Loan growth is robust, credit quality remains strong, and reserves provide ample coverage, positioning HBNC for outperformance in 2026.