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Horizon Bancorp (IN) HBNC

Morningstar Rating
$11.84 +0.42 (3.68%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HBNC is trading at a 22% discount.
Price
$11.43
Fair Value
$83.88
Uncertainty
Very High
1-Star Price
$34.54
5-Star Price
$9.56
Economic Moat
Ncw
Capital Allocation
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News

Trading Information

Previous Close Price
$11.42
Day Range
$11.3611.92
52-Week Range
$7.6914.71
Bid/Ask
$11.83 / $11.84
Market Cap
$522.28 Mil
Volume/Avg
232,551 / 163,368

Key Statistics

Price/Earnings (Normalized)
48.74
Price/Sales
2.74
Dividend Yield (Trailing)
5.60%
Dividend Yield (Forward)
5.60%
Total Yield
5.60%

Company Profile

Horizon Bancorp (IN) is a United States-based holding company providing banking services. It is engaged in providing commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. The company also provides commercial loans, real estate loans, mortgage warehouse loans, consumer loans, and other credit facilities. The company has one principal business segment, commercial banking.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Value
Total Number of Employees
876

Comparables

Valuation

Metric
HBNC
MBCN
CATC
Price/Earnings (Normalized)
48.7410.1311.88
Price/Book Value
0.700.870.89
Price/Sales
2.742.502.93
Price/Cash Flow
5.968.4911.82
Price/Earnings
HBNC
MBCN
CATC

Financial Strength

Metric
HBNC
MBCN
CATC
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
HBNC
MBCN
CATC
Return on Assets (Normalized)
0.84%1.03%0.73%
Return on Equity (Normalized)
9.50%9.13%7.63%
Return on Invested Capital (Normalized)
Return on Assets
HBNC
MBCN
CATC
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Banks - Regional Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNPQY
BNP Paribas ADRDskbwvxrgJyzq$79.4 Bil
ISNPY
Intesa Sanpaolo ADRDtfwswlzgrWbr$65.2 Bil
USB
U.S. BancorpPdlptqktfWknv$61.5 Bil
PNC
PNC Financial Services Group IncYymvsvvbgMzxcxq$58.9 Bil
ITUB
Itau Unibanco Holding SA ADRKtcdjlyWqlm$55.4 Bil
MFG
Mizuho Financial Group Inc ADRTfblnrfStv$48.8 Bil
TFC
Truist Financial CorpQnbjsdmCddcw$47.7 Bil
LYG
Lloyds Banking Group PLC ADRBnvjqcgzXpszcvk$39.7 Bil
DB
Deutsche Bank AGSpqyJgkdw$31.5 Bil
NWG
NatWest Group PLC ADRDqrRwfwn$29.9 Bil

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