# Horizon Bancorp share price today (Horizon Bancorp, Inc., HBNC)

> Horizon Bancorp, Inc.'s share price has risen faster than its earnings: +30.3% in a year, against −505.0% for earnings per share. HBNC · Financials · Banks - Regional · data as of 5 November 2026. Page: https://www.sectoralpha.in/us/stocks/hbnc

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: $20.85 (+30.3% in a year)
- P/BV: 1.5× (higher than 100% of the last 1 year)
- Revenue (Sep 2026): $75.8 M
- Profit (Sep 2026): $28.7 M
- Net margin: 37.8% (−57.3 points on a year ago)
- ROE: 16%, FY25
- ROA: 1.60%, latest

The main question: the share price moved +30.3% in a year while yearly earnings per share moved −505.0%. The difference came from the market paying a higher multiple. ## What is the Horizon Bancorp share price today? Horizon Bancorp, Inc.'s share price was $20.85 at the close on 5 November 2026. That is 11.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between $16 and $21, and at that close it was at the high of that range. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 2 weeks in a row. Over the last 1 year the share price moved +33% while the S&P 500 moved +18%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Horizon Bancorp pay? Horizon Bancorp, Inc. paid $0.64 per share over the last four reported quarters. The most recent declaration was $0.16 for Sep 2026. At today's price of $20.85 that is a yield of 3.07%, based on dividends already paid, not a forecast. ## Which stock lists is Horizon Bancorp on? Horizon Bancorp is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Horizon Bancorp profitable? Horizon Bancorp, Inc. earned $28.7 M of net profit in the Sep 2026 quarter. The full FY25 year was a loss of $150 M. That is 37.8% of the quarter's revenue. The same quarter a year earlier lost $222 M. 3 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was −$150 M (−524.7% on the year before). ## How much revenue does Horizon Bancorp make, and is it growing? Horizon Bancorp, Inc. reported $75.8 M of income in the Sep 2026 quarter. The last full year, FY25, came in at −$28.9 M. The last four reported quarters add to $297 M. A growth rate over several years is not shown, because there are too few years of figures to work one out properly. FY25 revenue was −$28.9 M, −115.5% on the year before. ## How much does Horizon Bancorp keep from what it earns? Horizon Bancorp, Inc.'s net margin was 37.8% in the Sep 2026 quarter, 57.3 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 15.1% and 521.4%. The latest quarter is within that range. Across 5 years it has been between 15.1% and 521.4%, and FY25's 521.4% is the highest of them. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## How many of Horizon Bancorp's loans have gone bad? Horizon Bancorp, Inc. does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Horizon Bancorp's loan book growing? Horizon Bancorp, Inc.'s revenue was −$28.9 M in FY25, −115.5% on the year before, so the loan book is not growing. The net margin on that income is 37.8%, −57.3 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. ## What is Horizon Bancorp's P/BV ratio, and how does it compare with its own history? Horizon Bancorp, Inc.'s P/BV is 1.5×, about the highest it has ever been. Its usual P/BV (the middle reading) is 1.3×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved +30.3%. The price ran ahead of book value, which pushed the multiple up within its own range. In short: the multiple is high against its own past, so the book value trend underneath matters more than the multiple. ## Is the Horizon Bancorp business getting better or worse? Horizon Bancorp, Inc.'s business is turning around. Profit growth has swung from −524.7% at its low to −377.5%, improving for 2 quarters in a row, with ROE rising at 15.3%. This is based on 11 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Horizon Bancorp earn on its equity and assets? Horizon Bancorp, Inc. earned a return on equity of −22% in FY25. That is its lowest yearly reading on file. On its assets, every $100 earned about $1.60, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is. Why: the ROE chart shows the move, but the deposit-cost and bad-loan details behind it are not in our data. ## Does Horizon Bancorp have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Horizon Bancorp shareholding pattern? 5.4% of Horizon Bancorp, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Horizon Bancorp from balance-sheet trouble? For Horizon Bancorp, Inc., the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Horizon Bancorp rank in its industry? There is no score against its industry: Horizon Bancorp, Inc. is not among the largest members shown in this industry comparison for Banks - Regional. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Horizon Bancorp compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Horizon Bancorp in size? Horizon Bancorp is the 149th largest of 274 Banks - Regional companies on Sector Alpha by market value (scores of 5 November 2026). Just above it: Amerant Bancorp Inc., Univest Financial Corporation and Five Star Bancorp. Just below it: CNB Financial Corporation, Mercantile Bank Corporation and Business First Bancshares, Inc. ### Banks - Regional companies close in size

1. [Amerant Bancorp Inc.](https://www.sectoralpha.in/us/stocks/amtb) $1.2 billion
2. [Univest Financial Corporation](https://www.sectoralpha.in/us/stocks/uvsp) $1.1 billion
3. [Five Star Bancorp](https://www.sectoralpha.in/us/stocks/fsbc) $1.1 billion
4. Horizon Bancorp, Inc. $1.1 billion
5. [CNB Financial Corporation](https://www.sectoralpha.in/us/stocks/ccne) $1.1 billion
6. [Mercantile Bank Corporation](https://www.sectoralpha.in/us/stocks/mbwm) $1 billion
7. [Business First Bancshares, Inc.](https://www.sectoralpha.in/us/stocks/bfst) $1 billion

[All 274 Banks - Regional companies, largest first](https://www.sectoralpha.in/us/sectors/banks-regional#all-companies)

### Companies close in size in other industries

1. [QuinStreet, Inc.](https://www.sectoralpha.in/us/stocks/qnst) $1.1 billion · Advertising Agencies
2. [IRSA Inversiones y Representaciones Sociedad Anónima](https://www.sectoralpha.in/us/stocks/irs) $1.1 billion · Real Estate Services
3. Horizon Bancorp, Inc. $1.1 billion
4. [Castle Biosciences, Inc.](https://www.sectoralpha.in/us/stocks/cstl) $1.1 billion · Diagnostics & Research
5. [Ecovyst Inc.](https://www.sectoralpha.in/us/stocks/ecvt) $1.1 billion · Specialty Chemicals

## What else do people ask about Horizon Bancorp? ### What were Horizon Bancorp's latest quarterly results? Horizon Bancorp, Inc. reported total income of $75.8 M and net profit of $28.7 M for the Sep 2026 quarter. Earnings per share were $0.56. The net margin was 37.8%, 57.3 percentage points lower than a year earlier (as of 5 November 2026). ### What is Horizon Bancorp's market cap? Horizon Bancorp, Inc.'s market capitalisation is $1.1 B at a stock price of $20.85. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 5 November 2026). ### How is Horizon Bancorp performing? Horizon Bancorp, Inc.'s latest readings are below. Over the past 13 weeks it has done better than the S&P 500, for 2 weeks running. This describes what the data did, not a rating (as of 5 November 2026). ### Will Horizon Bancorp's stock price go up? This page does not forecast Horizon Bancorp, Inc.'s stock price. What it shows instead: the stock price is $20.85. Its P/BV of 1.5× is higher than 100% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 5 November 2026). ### Where is Horizon Bancorp in its business cycle? Horizon Bancorp, Inc.'s FY25 net margin was 521.4%, against a 5-year range of 15.1% to 521.4%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 37.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 5 November 2026). ### What could break the Horizon Bancorp story? The main question: the share price moved +30.3% in a year while yearly earnings per share moved −505.0%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 5 November 2026). ### Is Horizon Bancorp a stock worth studying right now? What the numbers show: Horizon Bancorp, Inc.'s share price has risen faster than its earnings: +30.3% in a year, against −505.0% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 5 November 2026). This is research, not advice. We’re not SEBI-registered.