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Horizon Bancorp IN (HBNC)

(Real Time Quote from BATS)

$12.28 USD

12.28
16,773

+0.32 (2.68%)

Updated Apr 23, 2024 10:58 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value F Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 40% (150 out of 252)

Industry: Banks - Northeast

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Better trading starts here.

Balance Sheet

Research for HBNC

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Horizon Bancorp IN falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 529 126 598 259 107
Receivables 4,406 4,143 3,579 3,832 3,638
Notes Receivable 0 0 0 0 0
Inventories 1 6 13 14 4
Other Current Assets 0 0 0 0 0
Total Current Assets 4,936 4,275 4,190 4,104 3,749
Net Property & Equipment 95 93 93 92 92
Investments & Advances 2,527 3,047 2,738 1,326 1,065
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 169 172 176 174 178
Deposits & Other Assets 213 285 178 190 162
Total Assets 7,940 7,873 7,375 5,887 5,247
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 1,353 0 0 0 0
Accounts Payable 5,665 5,858 5,803 4,531 3,931
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 22 5 2 3 3
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 7,040 5,863 5,805 4,534 3,934
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 113 1,259 791 590 606
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 69 73 55 70 51
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 7,222 7,195 6,652 5,194 4,591
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 356 354 352 363 380
Retained Earnings 429 429 364 301 270
Other Equity -67 -106 7 28 6
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 719 677 723 692 656
Total Liabilities & Shareholder's Equity 7,940 7,873 7,375 5,887 5,247
Total Common Equity 719 677 723 692 656
Shares Outstanding 44.10 43.90 43.50 43.80 44.90
Book Value Per Share 16.30 15.43 16.63 15.80 14.61

Fiscal Year End for Horizon Bancorp IN falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 529 177 231 138
Receivables NA 4,406 4,347 4,254 4,234
Notes Receivable NA 0 0 0 0
Inventories NA 1 3 7 2
Other Current Assets NA 0 0 0 0
Total Current Assets NA 4,936 4,527 4,492 4,374
Net Property & Equipment NA 95 95 95 92
Investments & Advances NA 2,527 2,866 2,924 2,991
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 169 170 171 172
Deposits & Other Assets NA 213 301 282 269
Total Assets NA 7,940 7,959 7,963 7,898
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 1,353 0 0 1,312
Accounts Payable NA 5,665 5,700 5,709 5,702
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 22 16 13 6
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 7,040 5,716 5,722 7,020
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 113 1,473 1,468 116
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 77 64 60
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 7,222 7,266 7,254 7,195
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 356 355 355 354
Retained Earnings NA 429 461 452 441
Other Equity NA -67 -123 -98 -92
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 719 693 709 703
Total Liabilities & Shareholder's Equity NA 7,940 7,959 7,963 7,898
Total Common Equity 0 719 693 709 703
Shares Outstanding 44.10 44.10 44.10 44.10 43.50
Book Value Per Share 0.00 16.30 15.72 16.08 16.15