HBNC
Horizon Bancorp, Inc.
Financial Services · Banks - Regional · NMS
$18.43
Close 2026-05-28
✗ ETHICAL FAIL

UNKNOWN MOAT
HIGH
Data Confidence: 86%
Full financial profile available
Market Cap
$946.0M
Trailing P/E
Forward P/E
8.30
Rev Growth
+8.5%
Profit Margin
0.0%
ROE
-20.1%
Analyst Target
$21.00
Recommendation
NONE
About Horizon Bancorp, Inc.

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.

Ethical Screen
Business ActivityFAIL
Debt RatioN/A
Cash RatioN/A
Receivables RatioN/A
Revenue RatioN/A
OverallFAIL
Score Ethical: 50.0
Score Valuation: 78.5
Score Quality: 25.0
Score Combined: 43.7

Full Analysis

Opportunity scores, earnings history, insider transactions, institutional holders, analyst consensus, and more.

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Opportunity Scores
Valuation85.0
Quality16.9
Cash Flow50.0
Moat40.0
Balance Sheet50.0
Debt Purity50.0
Liquid Purity50.0
Rev Purity50.0
Compliance100.0
Tier: BRONZE · Score: 45.8 · Rank: #2930
Insider Transactions
No insider transaction data.
Top Institutional Holders
No institutional holder data.
Additional Fundamentals
Enterprise Value
$1.1B
Price/Book
1.36
Beta
0.825
Analysts
5
Total Revenue (TTM)
-$23.2M
Total Debt
$397.2M
Earnings Growth
-5.6%
Dividend Yield
347.0%
Short Ratio
4.84
Short % Float
0.0%
Employees
465

Elite Intelligence

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Trade Consideration
The Opportunity
Score 43.7 (P56 — top 44.5% of scored tickers). Unknown Moat. Ethical FAIL. 5 analysts at None.
Price: $18.43 | Target: $21.20 (+15%)
Score
44
Moat
Unknown
Conviction
Standard
Upside
+15%
The Fundamentals
Revenue Growth+8.5%
Profit Margin0.0%
ROE-20.1%
Forward P/E8.3
Market Cap$946.0M
Position Sizing Scenarios
Stop: $15.67 (-15%) | Entry: $18.43
SharesCostProfit to TargetR:R
To Consensus ($21.20, 5 analysts)
10$184.30+$27.70 (15%)1.0R
50$921.50+$138.50 (15%)1.0R
100$1,843.00+$277.00 (15%)1.0R
Risk Factors
  • Elevated short interest (4.84 days to cover)
The Verdict
Horizon Bancorp, Inc. holds a unknown competitive moat.
Quantitative Grade

A single score combining all analytical layers below. A is strongest, D is weakest.

B
Quant Score
56.1
Risk Grade
LOW_RISK
Layers
7
Risk Profile

How much could this ticker lose on a bad day? These metrics measure worst-case scenarios from historical data.

VaR 95%
-3.0%
worst expected daily loss, 19 in 20 days
CVaR 95%
-4.5%
avg loss on the worst 5% of days
Annual Volatility
Sortino Ratio
1.24
above 1.0 is good
Max Drawdown
-29.6%
Worst Day
Forward Outlook

Based on 10,000 simulated price paths, here is the probability of where this ticker could be in 30, 60, and 90 days.

30d Prob Up
90d Prob Up
Median Return 30d
Liquidity Score
70
Liquidity Grade
LIQUID
Trend & Momentum

What direction is this ticker actually moving, filtered through noise? Is it speeding up or slowing down?

Kalman Trend
Trend Strength
Momentum Signal
HMM Regime
RSI Signal
Technical Signals

Classic chart signals that institutional traders monitor. Golden Cross is bullish, Death Cross is bearish.

MA Crossover
ABOVE_200
Bollinger Position
UPPER_HALF
Beta
Relative Volume
1.3x
Short Interest
Financial Health

Is this company financially sound? The Z-Score measures bankruptcy risk. The F-Score measures fundamental strength.

Altman Z-Score
below 1.81 = distress zone
Piotroski F-Score
Earnings Beat Rate
Earnings Consistency
Correlations

These tickers tend to move together (positive) or in opposite directions (negative). Useful for portfolio diversification.

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Seasonality

Does this ticker have consistent patterns on certain days or months? Historical tendencies, not guarantees.

Best Day
Tuesday
Worst Day
Friday
Best Month
Jul
Worst Month
Mar
Fri-Mon Effect
-0.2433926531814411
Momentum Rankings

How does this ticker's recent performance compare to the entire universe? Ranked across 1, 3, 6, and 12-month returns.

1M Return
+0.5%
3M Return
+5.8%
6M Return
+14.7%
12M Return
+27.9%
Momentum Rank
#1700
Momentum Signal
UP

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