Horizon Bancorp, Inc. (HBNC)
Company Info
Highlights
$820.04M
$0.48
38.69
$357.82M
$358.12M
-$5.04M
$10.14 - $18.86
$17.42
1.51%
3.26
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Horizon Bancorp, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Horizon Bancorp, Inc. had a return of 33.75% year-to-date (YTD) and 70.58% in the last 12 months. Over the past 10 years, Horizon Bancorp, Inc. had an annualized return of 8.66%, while the S&P 500 had an annualized return of 11.16%, indicating that Horizon Bancorp, Inc. did not perform as well as the benchmark.
HBNC
33.75%
16.26%
46.57%
70.58%
3.83%
8.66%
^GSPC (Benchmark)
23.62%
0.54%
11.19%
30.63%
13.61%
11.16%
Monthly Returns
The table below presents the monthly returns of HBNC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -7.33% | -8.16% | 6.56% | -9.33% | 6.45% | 1.23% | 30.80% | 0.31% | -2.93% | 4.16% | 33.75% | ||
| 2023 | 4.81% | -2.69% | -27.33% | -3.34% | -15.58% | 17.10% | 20.85% | -9.69% | -4.56% | -9.73% | 14.75% | 31.41% | 0.43% |
| 2022 | 3.03% | -5.86% | -7.02% | -5.60% | 2.80% | -3.06% | 10.46% | -0.79% | -5.07% | -16.28% | 9.05% | -7.26% | -25.26% |
| 2021 | 0.53% | 12.82% | 4.75% | -1.29% | 0.87% | -5.78% | -3.41% | 6.82% | 1.79% | 5.82% | 1.73% | 7.47% | 35.43% |
| 2020 | -10.38% | -11.23% | -34.35% | 16.97% | -9.84% | 4.19% | -4.35% | 10.58% | -9.75% | 24.37% | 15.32% | 10.91% | -12.86% |
| 2019 | 2.92% | 9.48% | -8.94% | 1.75% | -4.67% | 5.35% | 7.40% | -6.66% | 6.77% | 5.90% | 3.10% | 0.96% | 23.69% |
| 2018 | 10.07% | -7.06% | 6.04% | -3.68% | 9.07% | -1.07% | 2.04% | -2.76% | -3.33% | -14.70% | 3.82% | -9.31% | -13.14% |
| 2017 | -8.10% | 1.21% | 1.08% | 3.37% | -5.74% | 3.58% | 0.57% | -0.76% | 11.46% | -5.22% | -0.07% | 1.09% | 1.06% |
| 2016 | -7.69% | -5.73% | 2.15% | -0.68% | 1.23% | 1.78% | 10.13% | 1.78% | 4.89% | -0.78% | 17.83% | 22.92% | 53.68% |
| 2015 | -14.38% | 0.98% | 4.11% | -0.17% | 2.78% | 4.58% | -2.81% | -2.60% | 1.15% | 9.89% | 5.48% | 1.56% | 8.89% |
| 2014 | -12.12% | -2.34% | 2.48% | -9.84% | 6.30% | 2.78% | -1.80% | 3.89% | 4.02% | 12.27% | -5.25% | 7.83% | 5.47% |
| 2013 | 1.42% | 1.76% | -0.35% | -4.03% | 1.45% | 4.76% | 17.44% | -9.55% | 8.20% | -7.02% | 8.34% | 8.16% | 31.36% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of HBNC is 86, placing it in the top 14% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Horizon Bancorp, Inc. (HBNC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Horizon Bancorp, Inc. provided a 3.51% dividend yield over the last twelve months, with an annual payout of $0.64 per share. The company has been increasing its dividends for 8 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.64 | $0.64 | $0.62 | $0.53 | $0.48 | $0.44 | $0.39 | $0.32 | $0.27 | $0.19 | $0.23 | $0.19 |
Dividend yield | 3.51% | 4.47% | 4.11% | 2.54% | 3.03% | 2.32% | 2.45% | 1.73% | 1.43% | 1.54% | 1.95% | 1.66% |
Monthly Dividends
The table displays the monthly dividend distributions for Horizon Bancorp, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.64 | |
| 2023 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.64 |
| 2022 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.62 |
| 2021 | $0.12 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.53 |
| 2020 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.48 |
| 2019 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.44 |
| 2018 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.39 |
| 2017 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.32 |
| 2016 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.27 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.06 | $0.23 |
| 2013 | $0.04 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.19 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Horizon Bancorp, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Horizon Bancorp, Inc. was 65.21%, occurring on May 11, 2023. The portfolio has not yet recovered.
The current Horizon Bancorp, Inc. drawdown is 11.37%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -65.21% | Jan 19, 2022 | 330 | May 11, 2023 | — | — | — |
| -64.47% | Feb 21, 2006 | 561 | Mar 10, 2009 | 440 | Jan 27, 2011 | 1001 |
| -62.07% | Jun 11, 2018 | 448 | Mar 20, 2020 | 410 | Nov 3, 2021 | 858 |
| -24.3% | Dec 30, 2013 | 98 | May 20, 2014 | 115 | Oct 31, 2014 | 213 |
| -20.76% | Jan 4, 2002 | 9 | Jan 16, 2002 | 130 | Oct 16, 2002 | 139 |
Volatility
Volatility Chart
The current Horizon Bancorp, Inc. volatility is 15.08%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Horizon Bancorp, Inc. compared to its peers in the Banks - Regional industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for HBNC in comparison to other companies of the Banks - Regional industry. Currently, HBNC has a PE value of 38.7. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for HBNC in comparison to other companies of the Banks - Regional industry. Currently, HBNC has a PEG value of 0.0. This PEG ratio falls in the average range for the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Horizon Bancorp, Inc..
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Income Statement
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Operating Expenses | |
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Depreciation And Amortization | — |
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Income | |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |