Horizon Bancorp, Inc. is an independent, commercial bank holding company serving northern and central Indiana, and southern and central Michigan through its commercial banking subsidiary, Horizon Bank.
Company profile
Ticker
HBNC
Exchange
Website
CEO
Craig Dwight
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
HORIZON BANCORP /IN/
SEC CIK
Corporate docs
Subsidiaries
HORIZON BANCORP, INC. • Horizon Risk Management, Inc. • Horizon Insurance Services, Inc. • Horizon Investments, Inc. • Horizon Properties, Inc. • Wolverine Commercial Holdings, LLC • Horizon Advancement Corp. • HB Community Development Corp. ...
IRS number
351562417
HBNC stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
17 Mar 23
DEF 14A
Definitive proxy
17 Mar 23
ARS
2022 FY
Annual report to shareholders
17 Mar 23
10-K
2022 FY
Annual report
15 Mar 23
8-K
Horizon Bancorp, Inc. Discloses Receipt of NASDAQ Notice
10 Mar 23
NT 10-K
Notice of late annual filing
10 Mar 23
8-K
Regulation FD Disclosure
21 Feb 23
8-K
Other Events
30 Jan 23
8-K
Horizon Bancorp, Inc. Announces Record Earnings for 2022
25 Jan 23
8-K
Departure of Directors or Certain Officers
18 Jan 23
Transcripts
HBNC
Earnings call transcript
2022 Q2
31 Jul 22
HBNC
Earnings call transcript
2022 Q1
28 Apr 22
HBNC
Earnings call transcript
2021 Q4
27 Jan 22
HBNC
Earnings call transcript
2022 Q4
26 Jan 22
HBNC
Earnings call transcript
2021 Q3
1 Nov 21
HBNC
Earnings call transcript
2021 Q2
1 Aug 21
HBNC
Earnings call transcript
2021 Q1
3 May 21
HBNC
Earnings call transcript
2020 Q4
28 Jan 21
HBNC
Earnings call transcript
2020 Q2
2 Aug 20
HBNC
Earnings call transcript
2020 Q1
2 May 20
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 123.51 mm | 123.51 mm | 123.51 mm | 123.51 mm | 123.51 mm | 123.51 mm |
| Cash burn (monthly) | (no burn) | 39.17 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 111.35 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 12.16 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 0.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
73.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 152 |
| Opened positions | 24 |
| Closed positions | 28 |
| Increased positions | 52 |
| Reduced positions | 47 |
| 13F shares | Current |
|---|---|
| Total value | 320.56 bn |
| Total shares | 30.44 mm |
| Total puts | 178.20 k |
| Total calls | 172.10 k |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| William Nathan Salin Family Irrevocable Trust #1 | 4.88 mm | $78.13 mm |
| BLK Blackrock | 4.17 mm | $62.88 bn |
| Dimensional Fund Advisors | 2.49 mm | $37.49 mm |
| Vanguard | 2.32 mm | $34.92 bn |
| JHG Janus Henderson | 2.02 mm | $30.49 bn |
| PL Capital Advisors | 1.72 mm | $25.87 bn |
| Manufacturers Life Insurance Company, The | 1.23 mm | $18.52 bn |
| STT State Street | 1.11 mm | $16.80 bn |
| Geode Capital Management | 758.88 k | $11.45 bn |
| HBNC Horizon Bancorp Inc | 753.96 k | $11.37 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 Mar 23 | Secor Mark E | Common Stock | Grant | Acquire A | No | No | 0 | 3,039 | 0.00 | 37,682 |
| 21 Mar 23 | Secor Mark E | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 4,788 | 0.00 | 34,643 |
| 21 Mar 23 | Secor Mark E | Common Stock | Grant | Acquire A | No | No | 0 | 11,205 | 0.00 | 39,431 |
| 21 Mar 23 | Lynn Kerber | Common Stock | Grant | Acquire A | No | No | 0 | 2,273 | 0.00 | 22,737 |
| 21 Mar 23 | DeRuiter Kathie A | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 4,249 | 0.00 | 48,562 |
| 21 Mar 23 | DeRuiter Kathie A | Common Stock | Grant | Acquire A | No | No | 0 | 9,999 | 0.00 | 52,811 |
| 21 Mar 23 | DeRuiter Kathie A | Common Stock | Grant | Acquire A | No | No | 0 | 2,273 | 0.00 | 42,812 |
| 21 Mar 23 | Todd A. Etzler | Common Stock | Grant | Acquire A | No | No | 0 | 1,733 | 0.00 | 16,043 |
| 21 Mar 23 | Todd A. Etzler | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 2,018 | 0.00 | 14,310 |
| 21 Mar 23 | Todd A. Etzler | Common Stock | Grant | Acquire A | No | No | 0 | 5,136 | 0.00 | 16,328 |
News
EXCLUSIVE: Fed Steps In To Save Depositors Following SVB Failure; Is The Time To Buy Shares Of Regional Banks?
12 Mar 23
Stocks That Hit 52-Week Lows On Friday
10 Mar 23
Benzinga's Top Ratings Upgrades, Downgrades For February 22, 2023
22 Feb 23
Piper Sandler Downgrades Horizon Bancorp to Neutral
22 Feb 23
Raymond James Maintains Outperform on Horizon Bancorp, Lowers Price Target to $18
27 Jan 23
Press releases
ROSEN, NATIONAL TRIAL COUNSEL, Encourages Horizon Bancorp, Inc. Investors to Inquire About Class Action Investigation – HBNC
25 Mar 23
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Horizon Bancorp, Inc. - HBNC
22 Mar 23
ROSEN, A LONGSTANDING LAW FIRM, Encourages Horizon Bancorp, Inc. Investors to Inquire About Class Action Investigation - HBNC
21 Mar 23
HORIZON BANK ALERT: Bragar Eagel & Squire, P.C. is Investigating Horizon Bancorp, Inc. on Behalf of Horizon Bank Stockholders and Encourages Investors to Contact the Firm
20 Mar 23
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Horizon Bancorp, Inc. Investors to Inquire About Class Action Investigation – HBNC
20 Mar 23