# Horizon Bancorp Inc. (HBNC) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Banks. Price $19.91, market value $1.0 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Horizon Bancorp Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / book: 1.4×**. The shares trade at 1.4× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 9.2%** (5-yr avg 10.9%). Free cash flow equals 9.2% of the market value, in line with its five-year average of 10.9%. Above 5% is generally attractive.

## Profitability
- **Return on equity: -21.9%**. Return on equity is negative because earnings are negative.

## Growth
- **EPS growth (1 yr): -505.0%**. Earnings per share fell 505.0%.
- **Free-cash-flow growth (3 yr): -5.5%/yr**. Free cash flow has compounded at -5.5% a year over three years.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.
- **Cash and short-term investments: $139 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 3.22%** ($0.64 per share, trailing). Horizon Bancorp Inc. yields 3.22%, a modest yield more typical of a growth-oriented payer.
- **Consecutive years of increases: 10**. 10 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 5.9%/yr** (1-yr 0.0%). The dividend has grown 5.9% a year over five years.

## Price and momentum
- **Total return (1 yr): 22.8%** (YTD 20.6%, 3-mo 7.0%). The shares are up 22.8% over twelve months including dividends.
- **From 52-week high: -5.4%** (33.0% above the low). Trading 5% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 51**. An RSI of 51 is neutral.
- **Beta (1 yr): 0.71** (volatility 26%). Beta of 0.71 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HBNC · Page: https://foliofundamentals.com/stocks/hbnc

Not investment advice.