Stocktoria
HORIZON BANCORP INC /IN/ HBNC
HORIZON BANCORP INC /IN/ (HBNC) earns a Piotroski F-score of 3/9 (weak financial health). It pays a dividend yielding 2.83% (safety: safe).
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Finance, Insurance & Real Estate · percentile among 1129 companies
Percentile vs other Finance, Insurance & Real Estate companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 3/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Sector peers · similar-size Finance, Insurance & Real Estate companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| HBNC | HORIZON BANCORP INC /IN/ | 3/9 | — | — | — |
| STT | STATE STREET CORP | 6/9 | — | 15.8 | +7.3% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | 5/9 | — | 10.8 | -2.2% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | 7/9 | — | 16.3 | +5.6% |
| NTRS | NORTHERN TRUST CORP | 4/9 | — | 18.5 | -2.5% |
| ALLY | Ally Financial Inc. | 5/9 | — | 17 | -3.3% |
| MTB | M&T BANK CORP | 7/9 | — | 12.2 | +7.5% |
All Finance, Insurance & Real Estate companies →
About HORIZON BANCORP INC /IN/
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides commercial and retail banking services to individuals and corporate clients in Indiana and Michigan in the United States. The company offers checking, savings, money market, certificates of deposit, and time deposit accounts, as well as non-interest and interest-bearing demand deposits. It also provides commercial loans, residential real estate loans, mortgage warehouse loans, and consumer loans; home equity loans and lines; auto loans; personal loans and lines; business loans and lines; SBA loans; public fund, medical practice, and franchise financing; and equipment finance solutions. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; debit and credit cards; treasury management; and remote deposit, merchant processing, online payment portal, lockbox, smart safe, ACH origination, online bill pay, wire transfer, and positive and reverse positive pay services, as well as sells various life insurance products. Further, it provides online and mobile banking; health savings accounts; wealth management, financial planning, investment management, and insurance services; retirement services, including individual retirement accounts (IRAs), business IRAs, and employee benefit plans; and estate planning and settlement services. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.
FAQ
Is HBNC financially healthy?
HORIZON BANCORP INC /IN/'s Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak).
Does HBNC pay a dividend, and is it safe?
Yes. HORIZON BANCORP INC /IN/ pays a dividend yielding about 2.83% with a -19.6% payout ratio, rated “safe” for safety.
How profitable is HBNC?
In FY2025, HORIZON BANCORP INC /IN/ had a return on equity of -21.9%.
Is HBNC overvalued or undervalued?
HORIZON BANCORP INC /IN/ trades at about 25.7× trailing earnings — above its 10-year norm (10-year range 7.3×–21.6×, median 13.6×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for HBNC?
The average Wall-Street price target for HORIZON BANCORP INC /IN/ is $21.20, about 3.3% above the recent price, from 5 analysts.
Is HBNC a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on HORIZON BANCORP INC /IN/: a Piotroski F-score of 3/9, a dividend yield of 2.83%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.