HBNC vs. HBAN
HBNC (Horizon Bancorp, Inc.) and HBAN (Huntington Bancshares Incorporated) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, HBNC returned 9.18%/yr vs 10.78%/yr for HBAN. Their 0.37 correlation means their historical movements had little consistent relationship.
Performance
HBNC vs. HBAN - Performance Comparison
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Returns By Period
In the year-to-date period, HBNC achieves a 23.87% return, which is significantly higher than HBAN's 0.11% return. Over the past 10 years, HBNC has underperformed HBAN with an annualized return of 9.18%, while HBAN has yielded a comparatively higher 10.78% annualized return.
HBNC
- 1D
- -0.63%
- 1M
- 3.39%
- 6M
- 18.10%
- YTD
- 23.87%
- 1Y
- 41.38%
- 3Y*
- 24.42%
- 5Y*
- 8.70%
- 10Y*
- 9.18%
- ALL TIME*
- 10.78%
HBAN
- 1D
- -0.23%
- 1M
- -4.59%
- 6M
- -0.64%
- YTD
- 0.11%
- 1Y
- 10.22%
- 3Y*
- 16.52%
- 5Y*
- 8.59%
- 10Y*
- 10.78%
- ALL TIME*
- 4.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $546.11M | $446.63M | $395.92M | |
| $16.16M | $13.52M | $11.83M |
HBNC vs. HBAN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HBNC Horizon Bancorp, Inc. | 23.87% | 9.76% | 18.19% | 0.43% | -25.26% | 35.43% | -12.86% | 23.69% | -13.14% | 1.06% |
HBAN Huntington Bancshares Incorporated | 0.11% | 10.78% | 33.71% | -4.72% | -4.37% | 27.05% | -11.06% | 31.74% | -15.26% | 13.00% |
Correlation
The correlation between HBNC and HBAN is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.71 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.69 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 2001 | 0.37 |
Over the past year, HBNC and HBAN have become more correlated (0.66) than their long-term average of 0.37, meaning their price movements have been converging.
Fundamentals
HBNC:
$1.05B
HBAN:
$34.54B
HBNC:
-$2.86
HBAN:
$1.38
HBNC:
0.56
HBAN:
1.13
HBNC:
-$5.09M
HBAN:
$14.41B
HBNC:
-$86.58M
HBAN:
$9.18B
HBNC:
-$210.22M
HBAN:
$3.49B
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Return for Risk
HBNC vs. HBAN — Risk / Return Rank
HBNC
HBAN
HBNC vs. HBAN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Horizon Bancorp, Inc. (HBNC) and Huntington Bancshares Incorporated (HBAN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HBNC | HBAN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.07 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 0.36 | +1.87 |
| Martin ratioReturn relative to average drawdown | 6.70 | 0.73 | +5.97 |
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Drawdowns
HBNC vs. HBAN - Drawdown Comparison
The maximum HBNC drawdown since its inception was -65.21%, smaller than the maximum HBAN drawdown of -95.88%. Use the drawdown chart below to compare losses from any high point for HBNC and HBAN.
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Drawdown Indicators
| HBNC | HBAN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.21% | -95.88% | +30.67% |
Max Drawdown (1Y)Largest decline over 1 year | -16.65% | -21.26% | +4.61% |
Max Drawdown (3Y)Largest decline over 3 years | -29.61% | -30.01% | +0.40% |
Max Drawdown (5Y)Largest decline over 5 years | -65.21% | -44.17% | -21.04% |
Max Drawdown (10Y)Largest decline over 10 years | -65.21% | -54.98% | -10.23% |
Current DrawdownCurrent decline from peak | -1.26% | -9.87% | +8.61% |
Average DrawdownAverage peak-to-trough decline | -17.05% | -33.06% | +16.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.54% | 10.50% | -4.96% |
Volatility
HBNC vs. HBAN - Volatility Comparison
The current volatility for Horizon Bancorp, Inc. (HBNC) is 6.41%, while Huntington Bancshares Incorporated (HBAN) has a volatility of 8.05%. This indicates that HBNC experiences smaller price fluctuations and is considered to be less risky than HBAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HBNC | HBAN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 8.05% | -1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 17.05% | 19.63% | -2.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.32% | 26.68% | +0.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.54% | 31.25% | +4.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.88% | 34.23% | +2.65% |
Dividends
HBNC vs. HBAN - Dividend Comparison
HBNC's dividend yield for the trailing twelve months is around 3.13%, less than HBAN's 3.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HBAN Huntington Bancshares Incorporated | 3.64% | 3.57% | 3.81% | 4.87% | 4.40% | 3.92% | 4.75% | 3.85% | 4.19% | 2.40% | 2.19% | 2.26% |
HBNC Horizon Bancorp, Inc. | 3.13% | 3.77% | 3.97% | 4.47% | 4.11% | 2.54% | 3.03% | 2.32% | 2.45% | 1.73% | 1.43% | 1.54% |
Financials
HBNC vs. HBAN - Financials Comparison
This section allows you to compare key financial metrics between Horizon Bancorp, Inc. and Huntington Bancshares Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
HBNC and HBAN have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HBAN has higher volatility (8.05%) compared to HBNC (6.41%). In terms of maximum drawdown, HBNC dropped -65.21% vs HBAN's -95.88%.
HBNC currently has the higher Sharpe Ratio (1.36 vs 0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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