Horizon Bancorp HBNC

Banks - Regional, Financial Services

$20.37

+1.90%

Market cap: $1B
PE: n/m; a loss over the last year
Forward PE: n/m; not a meaningful number
Revenue, 12 months: n/m; revenue on file that misses what the bank earns
Net margin: n/a

Horizon Bancorp's trailing earnings are negative, so it has no PE.

Charts

Financials

Income statement for HBNC, by quarter
Income statement	Q3 FY23	Q4 FY23	Q1 FY24	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
	$53.9M−13%	$21.8M−63%	$53.2M−3%	$55.8M−2%	$58.4M+8%	$24.2M+11%	$68.8M+29%	$66.3M+19%	−$236.9M	$74.9M+210%	$73.5M+7%	$75.5M+14%
Interest expense	$38M+295%	$41.3M+124%	$42M+58%	$41.7M+36%	$44M+16%	$40.2M−3%	$36.9M−12%	$36.1M−13%	$34.5M−22%	$25.8M−36%	$24.4M−34%	$25M−31%
Pre-tax income	$17.5M−32%	−$18.8M	$15.3M−24%	$15.9M−22%	$18.1M+4%	−$21.9M+17%	$28.1M+84%	$24.4M+54%	−$286.3M	$32.7M	$32.3M+15%	$30.7M+26%
	$1.3M−36%	$6.4M+142%	$1.3M−30%	$1.7M+19%	−$75K	−$11.1M	$4.1M+215%	$3.8M+117%	−$64.3M+85684%	$5.8M	$6.2M+49%	$5.8M+56%
Net income	$16.2M−32%	−$25.2M	$14M−23%	$14.1M−25%	$18.2M+12%	−$10.9M−57%	$23.9M+71%	$20.6M+46%	−$222M	$26.9M	$26.2M+9%	$24.9M+21%
	$0.37−33%	−$0.58	$0.32−24%	$0.32−26%	$0.41+11%	−$0.25−57%	$0.54+69%	$0.47+47%	−$4.69	$0.53	$0.51−6%	$0.49+4%
	43.8M+0%	43.6M−0%	43.9M+0%	44M+1%	44.1M+1%	43.7M+0%	44M+0%	44M+0%	47.3M+7%	51M+17%	51.2M+17%	51.3M+17%

Net income: 12 periods, Q4 FY19 to Q2 FY26: not printed by the filing, worked out from its own lines.

EPS, diluted: 8 periods, Q4 FY11 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q2 FY10 and Q3 FY10: not printed by the filing, worked out from its own lines. 6 periods, Q4 FY11 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY23 and Q4 FY24: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Banks - Regional nearest Horizon Bancorp's size, closest first.

Company	Market cap	PE	Its 10y median PE	P/S	Revenue growth	Net margin
HBNCHorizon Bancorp	$1B	n/m	12.3×	n/m	n/m	n/a
CCNECNB Financial	$1B	13.2×	10.7×	n/m	+42%	28.7%
CFFNCapitol Federal Financial	$1.1B	12.9×	18.5×	n/m	+19%	36.1%
MBWMMercantile Bank	$1.1B	10.8×	10.1×	n/m	+11%	36.5%
BFSTBusiness First Bancshares	$1B	11.3×	10.6×	n/m	+13%	26.9%
MCBSMetroCity Bankshares	$1B	12.4×	11.0×	n/m	+25%	43.8%
FSBCFive Star Bancorp	$1.1B	13.0×	11.7×	n/m	+26%	40.5%
NBBKNB Bancorp	$1B	15.2×	14.6×	n/m	+37%	22.8%
EQBKEquity Bancshares	$1B	29.3×	17.8×	n/m	+10%	14.0%
CPFCentral Pacific Financial	$970.4M	12.1×	13.1×	n/m	+13%	27.5%
TRSTTrustco Bank Corp N Y	$949M	15.5×	12.6×	n/m	+10%	33.0%
Peer median	$1B	13.0×	12.2×	n/a	+16%	30.8%