Horizon Bancorp (IN) (NASDAQ:HBNC) Announces Earnings Results, Beats Expectations By $0.03 EPS

Horizon Bancorp (IN) (NASDAQ:HBNC) posted its quarterly earnings data on Wednesday. The financial services provider reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.03, Zacks reports. The business had revenue of $64.53 million for the quarter, compared to analysts’ expectations of $74.35 million. Horizon Bancorp (IN) had a positive return on equity of 11.56% and a negative net margin of 37.12%.

Horizon Bancorp (IN) Stock Performance

Shares of HBNC stock opened at $18.63 on Friday. The firm’s 50 day moving average is $17.28 and its 200 day moving average is $16.42. The stock has a market capitalization of $954.23 million, a P/E ratio of -5.91 and a beta of 0.82. Horizon Bancorp has a 12 month low of $12.70 and a 12 month high of $19.07. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.32.

Horizon Bancorp (IN) Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were given a $0.16 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $0.64 annualized dividend and a dividend yield of 3.4%. Horizon Bancorp (IN)’s payout ratio is -16.28%.

Key Horizon Bancorp (IN) News

Here are the key news stories impacting Horizon Bancorp (IN) this week:

• Positive Sentiment: EPS beat and profit rebound: Horizon reported $0.53 EPS for the quarter, topping consensus (~$0.50) and showing a rebound versus a year ago; the beat and management commentary on improving profitability supported the stock. Zacks: HBNC beats Q4
• Positive Sentiment: 2026 NIM guidance and strategy: Management outlined 2026 net interest margin guidance of 4.25%–4.35% and emphasized a pivot toward commercial lending and margin expansion — a clear operational catalyst for higher future interest income. Seeking Alpha: NIM guidance
• Neutral Sentiment: Earnings call, slide deck and full transcripts available — useful for investors wanting detail on loan mix, credit trends and expense outlook; read management Q&A to assess execution risk. MarketBeat: Call transcript & slides
• Neutral Sentiment: Analyst/peer comparisons and coverage: Recent pieces compare HBNC to regional peers (e.g., Richmond Mutual), which may influence relative valuation views but are not immediate drivers. DefenseWorld: HBNC vs RMBI
• Negative Sentiment: Revenue missed the consensus cited by some outlets (reported ~$64.5M vs higher street estimates), which tempers the beat and raises questions about fee/other income and non-interest revenue sustainability. Zacks: Key metrics vs estimates
• Negative Sentiment: Profitability mix and margins: the company still reports a negative net margin in recent reporting (offset by positive ROE), so investors should watch how loan growth, deposit costs and expense control translate into sustained net-income improvement. MarketBeat: Financial details

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on HBNC shares. Keefe, Bruyette & Woods boosted their price target on shares of Horizon Bancorp (IN) from $19.00 to $21.00 and gave the stock an “outperform” rating in a report on Friday. Weiss Ratings reissued a “sell (d)” rating on shares of Horizon Bancorp (IN) in a research report on Monday, December 29th. Finally, Zacks Research lowered shares of Horizon Bancorp (IN) from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Horizon Bancorp (IN) currently has a consensus rating of “Hold” and a consensus price target of $20.33.

Institutional Investors Weigh In On Horizon Bancorp (IN)

Institutional investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC grew its position in shares of Horizon Bancorp (IN) by 160.2% in the second quarter. Tower Research Capital LLC TRC now owns 6,536 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 4,024 shares in the last quarter. Raymond James Financial Inc. bought a new position in Horizon Bancorp (IN) in the 2nd quarter worth about $134,000. Quadrant Capital Group LLC purchased a new position in Horizon Bancorp (IN) during the 3rd quarter valued at about $140,000. Mercer Global Advisors Inc. ADV bought a new stake in shares of Horizon Bancorp (IN) during the third quarter valued at about $204,000. Finally, Sherbrooke Park Advisers LLC bought a new stake in shares of Horizon Bancorp (IN) during the third quarter valued at about $208,000. Hedge funds and other institutional investors own 64.51% of the company’s stock.

About Horizon Bancorp (IN)

Horizon Bancorp (NASDAQ: HBNC) is a financial holding company headquartered in Columbus, Indiana, offering community banking and wealth management services through its subsidiary, Horizon Bank. As a locally focused institution, it provides a full range of retail and commercial banking products, including checking and savings accounts, consumer and mortgage lending, commercial real estate financing, and treasury management solutions.

In addition to traditional deposit and loan products, Horizon Bancorp’s services encompass investment advisory and trust administration, retirement planning, and insurance products.