HBNC

Horizon Bancorp Inc /in/ Financials State Commercial Banks Russell 3000
$20.70Close $1.1BMarket cap $15.19 – $20.9952-week range Jan 20, 2027Next report · estimated

Highlights

Strengths

  • Near its high 1% below its 52-week high
  • Tight base near its pivot pullbacks 10% → 8% → 5%; 4.5% above its $19.80 pivot

Cautions

  • Trend not confirmed 7 of 8 conditions · RS under 70

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 7, 2026
Off 12-month high 1%
1wk up 1.6% price change
1mo up 10.9% price change
12-month return up 35% market up 11% · its own up 23%
F-score — — Not assessed
Altman Z — Unknown
P/E — price / earnings
PEG — P/E / EPS growth
P/B 1.5× price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth down 114% year on year
EPS growth up 4% latest quarter · +10 pts
Sales growth up 14% latest quarter · +7 pts
ROE down 21% return on equity
Free cash margin —
D/E 0.36 long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest
Piotroski tests

Repair signals

  • Long-term debt down 80% ($1.2B → $0.2B)

Trade setup

ATR% 2.0% $0.42 a day · 2×ATR $19.86
RS 69 / 99 vs the universe
Trend 7 / 8 RS under 70
Relative volume 1.1× vs 50-day average
Up/down volume 1.02 50 sessions
Implied move — no scheduled report
Contractions 3 10% → 8% → 5%
Pivot $19.80 4.5% above
Volume dry-up 1.0× 10 vs 50 sessions
Trend template · 7 of 8
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Shareholders diluted The share count rose 15.8% over the year, from 44m to 51m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
  • Revenue shrinking Revenue fell 114.1% over the year, from $191.6M to -$27.0M.
Last reported Oct 21, 2026
Results reaction Oct 21, 2026+2% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology -$27.0M down to a loss
-$50M $0 $250M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $225.2M FY2021 · $233.8M FY2022 · $247.0M FY2023 · $187.7M FY2024 · $191.6M FY2025 · -$27.0M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$150.5M down to a loss
-$200M $0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $68.5M FY2021 · $87.1M FY2022 · $93.4M FY2023 · $28.0M FY2024 · $35.4M FY2025 · -$150.5M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net 558%
0% 1000% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net 30% FY2021 · Net 37% FY2022 · Net 38% FY2023 · Net 15% FY2024 · Net 18% FY2025 · Net 558%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $249.7M · Long-term debt $475.0M FY2021 · Cash $593.5M · Long-term debt $712.7M FY2022 · Cash $123.5M · Long-term debt $1.1B FY2023 · Cash $526.5M · Long-term debt $1.4B FY2024 · Cash $293.4M · Long-term debt $1.2B FY2025 · Cash $139.5M · Long-term debt $248.6M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 51.22m +16.7% since FY2020
51.22m 43.81m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 43.88m FY2021 · 43.81m FY2022 · 43.94m FY2023 · 44.11m FY2024 · 44.23m FY2025 · 51.22m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $225.2M $233.8M $247.0M $187.7M $191.6M -$27.0M
Net income $68.5M $87.1M $93.4M $28.0M $35.4M -$150.5M
Net margin 30% 37% 38% 15% 18% 558%
Earnings per share $1.55 $1.98 $2.14 $0.64 $0.80 -$3.24
Cash $249.7M $593.5M $123.5M $526.5M $293.4M $139.5M
Long-term debt $475.0M $712.7M $1.1B $1.4B $1.2B $248.6M
Shareholders' equity $692.2M $723.2M $677.4M $718.8M $763.6M $688.3M
Shares outstanding 43.88m 43.81m 43.94m 44.11m 44.23m 51.22m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 7, 2026 Quarterly ↗ Jun 30, 2026 38d
May 8, 2026 Quarterly ↗ Mar 31, 2026 38d
Mar 13, 2026 Annual ↗ Dec 31, 2025 72d
Nov 10, 2025 Quarterly ↗ Sep 30, 2025 41d
Aug 11, 2025 Quarterly ↗ Jun 30, 2025 42d
May 8, 2025 Quarterly ↗ Mar 31, 2025 38d
Mar 14, 2025 Annual ↗ Dec 31, 2024 73d
Nov 12, 2024 Quarterly ↗ Sep 30, 2024 43d
Aug 9, 2024 Quarterly ↗ Jun 30, 2024 40d
May 10, 2024 Quarterly ↗ Mar 31, 2024 40d
Mar 15, 2024 Annual ↗ Dec 31, 2023 75d
Nov 9, 2023 Quarterly ↗ Sep 30, 2023 40d

Current reports

FiledDisclosed
Oct 21, 2026 Results · Regulation FD ↗
Oct 1, 2026 Results ↗
Sep 16, 2026 Other events ↗
Aug 17, 2026 Director or officer change ↗
Jul 22, 2026 Results · Regulation FD ↗
Jul 1, 2026 Results ↗
Jun 30, 2026 Other events ↗
Jun 16, 2026 Other events ↗
May 8, 2026 Shareholder vote ↗
Apr 22, 2026 Results · Regulation FD ↗
Apr 1, 2026 Results ↗
Mar 18, 2026 Other events ↗