QualityDipStocks / Finance · Major Banks
Horizon Bancorp HBNC
Outside our quality screen, so we don’t track its dips. It’s at its 52-week high.
Outside our quality screen. No fair value estimate for now: our model doesn’t fit it reliably.
- Fair value est.
- n/a
- Market Value
- $20.67price +3%
- Off 52-wk high
- at the high
- Risk vs market
- Lowbeta 0.53
52-week range at its 52-week high
Price $21.21Market Value $20.67
2 bullish · 4 bearish See why
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
Estimate unreliable for HBNC: the book-value model gives 91% below the price, more than we can stand behind for a financial company. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much HBNC moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves much less than the market, but its own price swings are 1.8× the S&P 500’s (it moves on its own news).
- Beta vs S&P 500
- 0.53
- Volatility
- 24% vs 13% SPY
- Correlation SPY
- 0.29
- Correlation QQQ
- 0.14
Valuation details
MV $20.67
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 2 of 5
Cash returnsDividend yield of 2.9% ($32M paid over 12 months).
ValuationPrice / book of 1.5×, below the 1.6× median for the 368 Finance companies we cover.
Top bearish points 4 of 5
GrowthSales fell 106% over the last 12 months vs the 12 months before (SEC filings).
ProfitabilityReturn on equity fell 26 points in two fiscal years, to -22% in FY2025.
Cash returnsShare count up 16.5% in a year: existing holders are being diluted.
QualityDoesn’t pass our quality screen: no cash-flow data; no sales-growth data.
All fundamentals
ROE -19% · Sales −106%
Valuation
- P/E
- n/aloss over the last 12 months
- Price / FCF
- n/acash flow isn't a clean measure for a bank
- FCF yield
- n/acash flow isn't a clean measure for a bank
- EV / EBITDA
- n/anot meaningful for a bank
- Price / sales
- n/anot reported in its SEC filings
- Price / book
- 1.50×
- Market cap
- $1.1Bprice × diluted shares
- Enterprise value
- n/anot reported in its SEC filings
Growth
- Revenue, 12 months
- −$13Mnet interest income + noninterest income
- Sales growth, 12 months
- −106.0%vs the 12 months before
- Sales growth, 3 yrs
- n/anot reported in its SEC filings
- Diluted EPS, 12 months
- −$3.25
- EPS growth, last FY
- n/afewer than two years of diluted EPS
- Net income, 12 months
- −$144M
- Net income growth
- n/anot reported in its SEC filings
Profitability
- Gross margin
- n/anot meaningful for a bank
- Operating margin
- n/anot reported in its SEC filings
- Net margin
- n/anot reported in its SEC filings
- FCF margin
- n/anot reported in its SEC filings
- Return on equity
- −19%
- Return on invested capital
- n/anot meaningful for a bank
Balance sheet
- Cash & short-term inv.
- $218M
- Total debt
- n/anot reported in its SEC filings
- Net cash
- n/anot meaningful for a bank
- Debt / equity
- n/adeposits/float make debt/equity not comparable for a bank
- Interest coverage
- n/anot meaningful for a bank
Cash flow & returns
- Free cash flow, 12 months
- $94M
- FCF growth, 12 months
- n/an/m: free cash flow a year ago near zero
- Dividend yield
- 2.91%$32M paid
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- +16.5%diluted shares vs a year ago
- Stock-based comp
- $2M
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From Horizon Bancorp’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
- Return on equity16%
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $21.21
- 52-wk lowlowest close, 1 year$15.57−26.6%
- Market Valueavg paid since Oct 21$20.67−2.5%
- 52-wk highhighest close, 1 year$21.21at the price
- PriceMon Nov 2 close$21.21you are here
Momentum & 52-week range
RSI 69 · 5 days +2.0%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
HBNC is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on Horizon Bancorp in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 5:14 PM ET.
Compare with peers
Closest in size in Major Banks
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.