HORIZON BANCORP INC (HBNC)
Financials · Community Banking · NASDAQ
A $6.4 billion-asset community bank serving northern and central Indiana and southern Michigan through 71 branches, offering commercial banking, retail banking, and wealth management services.
What HORIZON BANCORP INC does
Horizon Bancorp is a bank holding company operating Horizon Bank, a full-service commercial bank with 71 branches across northern and central Indiana and southern and central Michigan. The bank provides commercial and retail banking services, corporate and individual trust and agency services, wealth management, and life insurance products. The company has grown through organic expansion and acquisitions over the past 20 years, generating revenues primarily from loan interest (291.4% in 2025) and investment securities (42.9% in 2025).
Themes: ["Community banking","Midwest regional banking","Wealth management","Commercial lending","Retail banking"]
Fundamentals
- Price$19.48 as of 2026-07-09 close
- Market cap$994M as of 2026-07-10
- 1-year return+21.9% as of 2026-07-09 close
- Net margin+33.6% as of 2026-07-10
- ROE-20.9% as of 2026-07-10
- Debt / equity0.55 as of 2026-07-10
- Revenue growth (YoY)+33.2% as of 2026-07-10
- Beta0.82 as of 2026-07-10
Dividend: yield +3.3%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Exposure to Midwest regional economic downturns affecting loan quality and demand for banking services in Indiana and Michigan markets","Interest rate and credit market risk from loan portfolio and investment securities holdings susceptible to economic and monetary policy changes","Integration risk from past acquisitions (Alliance Financial, American Trust & Savings Bank, Heartland, LaPorte Bancorp) and ongoing regulatory compliance requirements"]
Competitors & peers
- First Merchants Corporation (FRME)
- Lakeland Bancorp (LBAI)
- German American Bancorp (GAMC)
- MainSource Financial Group (MNSO)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.