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Market News

Horizon Bancorp, Inc. Reports Positive Fourth Quarter 2025 Results, Entering 2026 with Peer Leading Performance Metrics

Horizon Bancorp, Inc. (NASDAQ GS: HBNC) is the commercial bank holding company for Horizon Bank, which serves commercial and retail customers across some of the most attractive markets in the Midwest through strategically located Indiana and Michigan branches and convenient digital and virtual banking tools. Horizon provides sophisticated commercial banking and treasury management services to […]

January 22, 2026 2 min read
Alphastreet Vertex Pharma Q4 2025 Earnings Results

Horizon Bancorp, Inc. (NASDAQ GS: HBNC) is the commercial bank holding company for Horizon Bank, which serves commercial and retail customers across some of the most attractive markets in the Midwest through strategically located Indiana and Michigan branches and convenient digital and virtual banking tools. Horizon provides sophisticated commercial banking and treasury management services to […]

· January 22, 2026

Horizon Bancorp, Inc. (NASDAQ GS: HBNC) is the commercial bank holding company for Horizon Bank, which serves commercial and retail customers across some of the most attractive markets in the Midwest through strategically located Indiana and Michigan branches and convenient digital and virtual banking tools. Horizon provides sophisticated commercial banking and treasury management services to in-market businesses in diverse industries, and the bank also offers equipment financing solutions for small- and mid-sized enterprises across the Midwest and beyond. As one of the largest independent banks headquartered in Indiana or Michigan, Horizon’s retail banking offering includes prime residential, indirect auto, and consumer lending services for in-market customers, as well as private wealth management services. More information on the products and services offered by Horizon Bank, headquartered in Northwest Indiana’s Michigan City, is available at horizonbank.com.

$18.24

Current Stock Price:

Market Capitalization:

  • Market Capitalization: $860 – $900 million (approximate net worth of equity)
  • Enterprise Value:  $860 – $1.4 billion (includes debt & cash)
  • Shares Outstanding:  51 million shares

Valuation Multiples & Ratios

  • Price / Book (P/B):  1.3x (value relative to book equity)
  • Price / Tangible Book (P/TBV):  1.7x
  • Forward P/E:  8.5x (based on expected earnings)
  • Trailing P/E: n/a or negative (due to recent earnings patterns)
  • EV / Revenue: around 4.9x (industry comparison metric)
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