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: 876
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
31,180% more call options, than puts
Call options by funds: $1.56M | Put options by funds: $5K
48% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 40
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
24% more capital invested
Capital invested by funds: $369M [Q2] → $459M (+$89.9M) [Q3]
3% more funds holding
Funds holding: 160 [Q2] → 164 (+4) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
0.05% less ownership
Funds ownership: 67.67% [Q2] → 67.62% (-0.05%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$19
22%
upside
Avg. target
$19
22%
upside
High target
$19
22%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Keefe, Bruyette & Woods Damon Delmonte 33% 1-year accuracy 7 / 21 met price target | 22%upside $19 | Market Perform Maintained | 4 Dec 2024 |
Financial journalist opinion
Based on 5 articles about HBNC published over the past 30 days
Neutral
Zacks Investment Research
2 days ago
Curious about Horizon Bancorp (HBNC) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Horizon Bancorp (HBNC) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Positive
Zacks Investment Research
1 week ago
Horizon Bancorp (HBNC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Horizon Bancorp (HBNC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Zacks Investment Research
1 week ago
Down -11.51% in 4 Weeks, Here's Why You Should You Buy the Dip in Horizon Bancorp (HBNC)
The heavy selling pressure might have exhausted for Horizon Bancorp (HBNC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Neutral
GlobeNewsWire
2 weeks ago
Horizon Bancorp, Inc. Announces Conference Call to Review Fourth Quarter and Full Year 2024 Results on January 23
MICHIGAN CITY, Ind., Jan. 03, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m.
Positive
Zacks Investment Research
2 weeks ago
Will Horizon Bancorp (HBNC) Beat Estimates Again in Its Next Earnings Report?
Horizon Bancorp (HBNC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Positive
Zacks Investment Research
2 months ago
Horizon Bancorp (HBNC) is a Great Momentum Stock: Should You Buy?
Does Horizon Bancorp (HBNC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Neutral
Seeking Alpha
2 months ago
Horizon Bancorp, Inc. (HBNC) Q3 2024 Earnings Call Transcript
Horizon Bancorp, Inc. (NASDAQ:HBNC ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Thomas Prame - President and Chief Executive Officer 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 Nathan Race - Piper Sandler Damon DelMonte - KBW Brian Martin - Janney Montgomery Operator Good morning, everyone and welcome to the Horizon Bancorp, Inc. Conference Call to discuss Financial Results for the Third Quarter of 2024. All participants will be in listen only mode.
Positive
Zacks Investment Research
2 months ago
Horizon Bancorp (HBNC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Horizon Bancorp (HBNC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
2 months ago
Horizon Bancorp (HBNC) Q3 Earnings and Revenues Top Estimates
Horizon Bancorp (HBNC) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.37 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
Horizon Bancorp, Inc. Reports Third Quarter 2024 Results, Including EPS of $0.41 and Continued Profitability Improvement, as well as Accretive Balance Sheet Initiatives
MICHIGAN CITY, Ind., Oct. 23, 2024 (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 and nine months ended September 30, 2024.
Charts implemented using Lightweight Charts™