Horizon

Horizon Bancorp, Inc. (Indiana) is a bank holding company, which engages in the provision of commercial and retail banking services. It offers personal banking, business banking, investment and trust, and mortgage services. The company was founded in 1873 and is headquartered in Michigan City, IN.

Earnings data Q1 2021

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Earnings data Q4 2021

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Horizon Bancorp reports Q1 decline, eyes growth amid market challenges

Horizon Bancorp navigated Q1 2023 with a focus on maintaining credit quality, managing expenses, and optimizing its balance sheet for elevated rates. The bank's leadership transition, strong loan growth, and emphasis on stable margins and credit quality position it well for future growth. Challenges in commercial deal flow and mortgage market softness are being addressed with a strategic outlook.

Horizon Bancorp Inc. reports strong Q2 earnings amidst margin concerns

Horizon Bancorp Inc. delivered a solid performance in Q2 2023, showcasing growth in key areas and effective expense management. While facing challenges in margin compression and loan spread management, the company is well-positioned to leverage opportunities in its markets and strengthen its wealth management offerings.

Horizon reports strong Q3 performance amidst rising interest rate challenges

Horizon Bancorp Inc. delivered a robust performance in Q3 2023 with strong loan growth, stable credit quality, and effective expense management.
Despite challenges posed by rising interest rates, the company's strategic focus on diversification, risk management, and revenue enhancement bodes well for future growth.
Opportunities lie in optimizing net interest margin, expanding commercial lending, and maintaining a prudent approach to managing expenses and credit risk.
Horizon's resilience, stability, and strategic positioning underscore its ability to navigate market uncertainties and deliver long-term value to shareholders.

Horizon Bancorp Inc. posts strong Q4 results, eyes sustainable growth

Horizon Bancorp Inc. reported robust Q4 results driven by strong lending performance and disciplined balance sheet management. The company's focus on asset quality and strategic growth positions it well for future opportunities. Addressing challenges in expense management and balance sheet optimization will be key for sustained success in 2024.

Horizon Bancorp reports strong Q1 performance amidst growth opportunities

Horizon Bancorp's Q1 2024 performance showcased strength in net interest income, asset quality, and loan growth.
While challenges like increased credit loss allowance exist, opportunities in loan growth and margin expansion are promising.
Overall, Horizon remains optimistic about its financial performance and ability to navigate potential challenges.

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Horizon Bank will host a conference call at 7:30 a.m. CT on Thursday, January 25, 2024 to review its fourth quarter and full year 2023 financial results.

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Fourth Quarter and Full Year 2023 Results on January 25

Horizon Bancorp (HBNC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Horizon Bancorp (HBNC) Surges 15.1%: Is This an Indication of Further Gains?

MICHIGAN CITY, Ind., Dec. 12, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced the execution of a balance sheet repositioning related to its investment securities portfolio and bank owned life insurance policies.

Horizon Bancorp, Inc. Announces Balance Sheet Repositioning

Robust pipelines bode well for loan growth in the near term. However, the regional unemployment trend signals a slowdown. The declining margin trend is likely to turn around because the up-rate cycle has likely ended. Further, new loan production will help the margin. HBNC is currently offering a dividend yield of 6.1%. The dividend appears secure as my estimated payout ratio is only slightly above management's guidance.

Horizon Bancorp: Negative Earnings Outlook Doesn't Dampen The Appeal Of A 6% Dividend Yield

MICHIGAN CITY, Ind., Nov. 07, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced the succession plan for its chief financial officer (“CFO”) and a restructuring of its mortgage and consumer lending leadership.

Horizon Bancorp, Inc. Announces Key Leadership Changes

MICHIGAN CITY, Ind., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Horizon Bank announced today the formation of a new equipment finance division to be led by Joel Mikolich as the division President.

Horizon Bank Announces Equipment Finance Division led by Joel Mikolich

Horizon Bancorp, Inc. (NASDAQ:HBNC ) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Company Participants Lynn Kerber - EVP & Chief Commercial Banking Officer Mark Secor - EVP & CFO Thomas Prame - CEO & President Conference Call Participants Terry McEvoy - Stephens Nathan Race - Piper Sandler Damon DelMonte - KBW David Long - Raymond James 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 2023. All participants will be in listen-only mode.

Horizon Bancorp, Inc. (HBNC) Q3 2023 Earnings Call Transcript

The headline numbers for Horizon Bancorp (HBNC) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Horizon Bancorp (HBNC) Q3 Earnings: A Look at Key Metrics

Horizon Bancorp (HBNC) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.55 per share a year ago.

Horizon Bancorp (HBNC) Tops Q3 Earnings Estimates

MICHIGAN CITY, Ind., Oct. 25, 2023 (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, 2023.

Horizon Bancorp, Inc. Reports Third Quarter 2023 Results

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A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Dividend Champion, Contender, And Challenger Highlights: Week Of October 15

MICHIGAN CITY, Ind., Sept. 21, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Thursday, October 26, 2023 to review its third quarter 2023 financial results.

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Third Quarter Results on October 26

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Horizon Bancorp, Inc. (NASDAQ: HBNC) on behalf of long-term stockholders following a class action complaint that was filed against Horizon Bank on April 20, 2023 with a Class Period from March 9, 2022 and March 10, 2023. Our investigation concerns whether the board of directors of Horizon Bank have breached their fiduciary duties to the compa.

HORIZON BANK ALERT: Bragar Eagel & Squire, P.C. is Investigating Horizon Bancorp, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Horizon Bancorp, Inc. (NASDAQ:HBNC ) Q2 2023 Earnings Call Transcript July 27, 2023 8:30 AM ET Company Participants Thomas Prame - Chief Executive Officer and President Mark Secor - Executive Vice President and Chief Financial Officer Lynn Kerber - Executive Vice President and Chief Commercial Banking Officer Conference Call Participants Terry McEvoy - Stephens Damon DelMonte - KBW David Long - Raymond James Brian Martin - Janney Montgomery Nathan Race - Piper Sandler Operator Good morning, everyone, and welcome to the Horizon Bancorp Inc. Conference Call to discuss financial results for the second quarter of 2023. All participants will be in listen-only mode.

Horizon Bancorp, Inc. (HBNC) Q2 2023 Earnings Call Transcript

The headline numbers for Horizon Bancorp (HBNC) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Horizon Bancorp (HBNC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Horizon Bancorp (HBNC) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.56 per share a year ago.

Horizon Bancorp (HBNC) Tops Q2 Earnings and Revenue Estimates

MICHIGAN CITY, Ind., July 26, 2023 (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 six months ended June 30, 2023.

Horizon Bancorp, Inc. Reports Second Quarter 2023 Results

Horizon Bancorp (HBNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Horizon Bancorp (HBNC) Q2 Earnings Expected to Decline

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Marking the 12th consecutive month of declines, inflation rose only 3% in June according to the consumer price index. This was below economists' expectations of a 3.1% increase.

5 Historically High-Yield Stocks Gurus Agree On

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Horizon Bancorp IN (HBNC) a Great Value Stock Right Now?

The consensus price target hints at a 32.6% upside potential for Horizon Bancorp (HBNC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

How Much Upside is Left in Horizon Bancorp (HBNC)? Wall Street Analysts Think 32.56%

MICHIGAN CITY, Ind., June 28, 2023 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Thursday, July 27, 2023 to review its second quarter 2023 financial results.

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Second Quarter Results on July 27

NEW YORK , June 20, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Horizon Bancorp, Inc. (NASDAQ: HBNC) alleging that the Company violated federal securities laws. Class Period: March 9, 2022 to March 10, 2023 Lead Plaintiff Deadline: June 20, 2023 No obligation or cost to you.

HBNC ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 20, 2023 in the Class Action Filed on Behalf of Horizon Bancorp, Inc. Shareholders

NEW YORK , June 19, 2023 /PRNewswire/ -- Attention Horizon Bancorp, Inc. ("Horizon") (NASDAQ: HBNC) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between March 9, 2022 and March 10, 2023. If you suffered a loss on your investment in Horizon, contact us about potential recovery by using the link below.

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Horizon Investors of a Lead Plaintiff Deadline of June 20, 2023

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming June 20, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Horizon Bancorp, Inc. (“Horizon” or the “Company”) (NASDAQ: HBNC) securities between March 9, 2022 and March 10, 2023, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. On March 10, 2023, Horizon disclosed that it would be unable.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Horizon Bancorp, Inc. (HBNC)

News for Horizon Stock (HBNC)