Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash to Debt 0.13
HBNC's Cash to Debt is ranked lower than
52% of the 1259 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.42 vs. HBNC: 0.13 )
HBNC' s 10-Year Cash to Debt Range
Min: 0.01   Max: No Debt
Current: 0.13

Equity to Asset 0.09
HBNC's Equity to Asset is ranked higher than
66% of the 1649 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.09 vs. HBNC: 0.09 )
HBNC' s 10-Year Equity to Asset Range
Min: 0.04   Max: 0.09
Current: 0.09

0.04
0.09
Interest Coverage 1.99
HBNC's Interest Coverage is ranked higher than
76% of the 1447 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.20 vs. HBNC: 1.99 )
HBNC' s 10-Year Interest Coverage Range
Min: 0.24   Max: 1.99
Current: 1.99

0.24
1.99
F-Score: 3
Z-Score: 0.23
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 30.84
HBNC's Operating margin (%) is ranked higher than
76% of the 1594 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 29.40 vs. HBNC: 30.84 )
HBNC' s 10-Year Operating margin (%) Range
Min: -299.57   Max: 32.72
Current: 30.84

-299.57
32.72
Net-margin (%) 22.77
HBNC's Net-margin (%) is ranked higher than
77% of the 1613 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 21.45 vs. HBNC: 22.77 )
HBNC' s 10-Year Net-margin (%) Range
Min: -5.07   Max: 76.22
Current: 22.77

-5.07
76.22
ROE (%) 12.08
HBNC's ROE (%) is ranked higher than
88% of the 1615 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.13 vs. HBNC: 12.08 )
HBNC' s 10-Year ROE (%) Range
Min: -1.67   Max: 14.14
Current: 12.08

-1.67
14.14
ROA (%) 1.13
HBNC's ROA (%) is ranked higher than
87% of the 1616 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.75 vs. HBNC: 1.13 )
HBNC' s 10-Year ROA (%) Range
Min: -0.07   Max: 1.13
Current: 1.13

-0.07
1.13
ROC (Joel Greenblatt) (%) 58.28
HBNC's ROC (Joel Greenblatt) (%) is ranked higher than
70% of the 1569 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 73.85 vs. HBNC: 58.28 )
HBNC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -108.32   Max: 66.35
Current: 58.28

-108.32
66.35
Revenue Growth (%) -10.40
HBNC's Revenue Growth (%) is ranked higher than
55% of the 1443 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. HBNC: -10.40 )
HBNC' s 10-Year Revenue Growth (%) Range
Min: -10.4   Max: 69.5
Current: -10.4

-10.4
69.5
EBITDA Growth (%) -1.60
HBNC's EBITDA Growth (%) is ranked higher than
61% of the 1280 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.70 vs. HBNC: -1.60 )
HBNC' s 10-Year EBITDA Growth (%) Range
Min: -1.6   Max: 24.7
Current: -1.6

-1.6
24.7
EPS Growth (%) 6.20
HBNC's EPS Growth (%) is ranked higher than
71% of the 1283 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.90 vs. HBNC: 6.20 )
HBNC' s 10-Year EPS Growth (%) Range
Min: -23.4   Max: 51
Current: 6.2

-23.4
51
» HBNC's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

HBNC Guru Trades in Q2 2013

Jim Simons 28,750 sh (+76.92%)
John Keeley 12,500 sh (unchged)
» More
Q3 2013

HBNC Guru Trades in Q3 2013

Jim Simons 57,650 sh (+100.52%)
John Keeley 11,500 sh (-8%)
» More
Q4 2013

HBNC Guru Trades in Q4 2013

Jim Simons 59,289 sh (+2.84%)
John Keeley 11,500 sh (unchged)
» More
Q1 2014

HBNC Guru Trades in Q1 2014

John Keeley 11,500 sh (unchged)
Jim Simons 41,385 sh (-30.2%)
» More
» Details

Insider Trades

Latest Guru Trades with HBNC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Keeley 2012-12-31 Add 50%$16.54 - $19.68 $ 21.0912%15000
John Keeley 2012-06-30 New Buy0.01%$17.64 - $26.5 $ 21.09-10%11000
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 10.80
HBNC's P/E(ttm) is ranked higher than
88% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.40 vs. HBNC: 10.80 )
HBNC' s 10-Year P/E(ttm) Range
Min: 4.15   Max: 15.18
Current: 10.8

4.15
15.18
P/B 1.20
HBNC's P/B is ranked higher than
71% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.15 vs. HBNC: 1.20 )
HBNC' s 10-Year P/B Range
Min: 0.44   Max: 2.77
Current: 1.2

0.44
2.77
P/S 2.30
HBNC's P/S is ranked higher than
81% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.10 vs. HBNC: 2.30 )
HBNC' s 10-Year P/S Range
Min: 0.66   Max: 5.19
Current: 2.3

0.66
5.19
PFCF 7.30
HBNC's PFCF is ranked higher than
82% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 26.04 vs. HBNC: 7.30 )
HBNC' s 10-Year PFCF Range
Min: 1.58   Max: 130.27
Current: 7.3

1.58
130.27
EV-to-EBIT 18.50
HBNC's EV-to-EBIT is ranked higher than
71% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 18.36 vs. HBNC: 18.50 )
HBNC' s 10-Year EV-to-EBIT Range
Min: 13.8   Max: 71.2
Current: 18.5

13.8
71.2
PEG 1.00
HBNC's PEG is ranked higher than
85% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.50 vs. HBNC: 1.00 )
HBNC' s 10-Year PEG Range
Min: 0.16   Max: 5.99
Current: 1

0.16
5.99
Shiller P/E 11.80
HBNC's Shiller P/E is ranked higher than
95% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 98.15 vs. HBNC: 11.80 )
HBNC' s 10-Year Shiller P/E Range
Min: 4.44   Max: 21.4
Current: 11.8

4.44
21.4

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.20
HBNC's Dividend Yield is ranked lower than
54% of the 1405 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.43 vs. HBNC: 2.20 )
HBNC' s 10-Year Dividend Yield Range
Min: 1.46   Max: 6.11
Current: 2.2

1.46
6.11
Dividend Payout 0.22
HBNC's Dividend Payout is ranked higher than
88% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9999.00 vs. HBNC: 0.22 )
HBNC' s 10-Year Dividend Payout Range
Min: 0.08   Max: 0.42
Current: 0.22

0.08
0.42
Dividend growth (3y) 11.60
HBNC's Dividend growth (3y) is ranked higher than
83% of the 962 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.70 vs. HBNC: 11.60 )
HBNC' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 34.8
Current: 11.6

0
34.8
Yield on cost (5-Year) 3.40
HBNC's Yield on cost (5-Year) is ranked higher than
62% of the 1367 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.63 vs. HBNC: 3.40 )
HBNC' s 10-Year Yield on cost (5-Year) Range
Min: 2.26   Max: 9.44
Current: 3.4

2.26
9.44
Share Buyback Rate -21.60
HBNC's Share Buyback Rate is ranked higher than
52% of the 1242 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -1.90 vs. HBNC: -21.60 )
HBNC' s 10-Year Share Buyback Rate Range
Min: 11.8   Max: -21.6
Current: -21.6

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.40
HBNC's Price/Tangible Book is ranked higher than
70% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.35 vs. HBNC: 1.40 )
HBNC' s 10-Year Price/Tangible Book Range
Min: 0.48   Max: 2.67
Current: 1.4

0.48
2.67
Price/DCF (Projected) 0.50
HBNC's Price/DCF (Projected) is ranked higher than
91% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.48 vs. HBNC: 0.50 )
HBNC' s 10-Year Price/DCF (Projected) Range
Min: 0.19   Max: 0.92
Current: 0.5

0.19
0.92
Price/Median PS Value 1.20
HBNC's Price/Median PS Value is ranked higher than
66% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.11 vs. HBNC: 1.20 )
HBNC' s 10-Year Price/Median PS Value Range
Min: 0.34   Max: 21.87
Current: 1.2

0.34
21.87
Price/Peter Lynch Fair Value 0.60
HBNC's Price/Peter Lynch Fair Value is ranked higher than
96% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9999.00 vs. HBNC: 0.60 )
HBNC' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.31   Max: 2.42
Current: 0.6

0.31
2.42
Price/Graham Number 0.70
HBNC's Price/Graham Number is ranked higher than
85% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.05 vs. HBNC: 0.70 )
HBNC' s 10-Year Price/Graham Number Range
Min: 0.25   Max: 1.49
Current: 0.7

0.25
1.49
Earnings Yield (Greenblatt) 5.40
HBNC's Earnings Yield (Greenblatt) is ranked higher than
63% of the 1588 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.90 vs. HBNC: 5.40 )
HBNC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.4   Max: 7.2
Current: 5.4

1.4
7.2
Forward Rate of Return (Yacktman) 29.00
HBNC's Forward Rate of Return (Yacktman) is ranked higher than
85% of the 1260 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.98 vs. HBNC: 29.00 )
HBNC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 9   Max: 74.6
Current: 29

9
74.6

Business Description

Industry: Banks » Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR » details
Horizon Bancorp Industries is incorporated in Indiana. It is a bank holding company. It provides a range of banking services in Northwestern and Central Indiana and Southwestern Michigan through its bank subsidiary, Horizon Bank, N.A. (the "Bank") and other affiliated entities. The Company operates as a single segment, which is commercial banking. The Bank is a full-service commercial bank offering commercial and retail banking services, corporate and individual trust and agency services and other services incident to banking. The Bank grants commercial, real estate, and consumer loans to customers located mainly in Northwest Indiana and Southwest Michigan and provide mortgage warehouse lines to mortgage companies in the United States. The Bank competes with other commercial banks as well as with savings and loan associations, consumer finance companies and credit unions. To a more moderate extent, the Bank competes with Chicago money center banks, mortgage banking companies, insurance companies, brokerage houses, and other institutions engaged in money market financial services and certain government agencies. As a bank holding company, the Company is subject to extensive regulation, supervision, and examination by the Board of Governors of the Federal Reserve System (the "Federal Reserve Board" or "FRB") as its primary federal regulator. The Bank, as a nationally chartered bank, is subject to extensive regulation, supervision and examination by the Office of the Comptroller of the Currency as its primary federal regulator and, as to certain matters, by the FRB and the Federal Deposit Insurance Corporation ("FDIC").
» More Articles for HBNC

Headlines

Articles On GuruFocus.com
Top Insider Buys of the Week all from the Finance Sector Jun 20 2014 
Insider Buying Escalated in Regional Banking Companies Apr 30 2013 
For Ten Consecutive Years This Mega-Cap Co. Has Raised Its Dividend Double Digits, Now Yields 5% Oct 01 2012 
comment on HBNC Apr 03 2012 
The Best Stocks With Dividend Growth From Last Week (March 19 - 25, 2012) Mar 25 2012 
Horizon Bancorp Reports Operating Results (10-K) Mar 11 2011 
Horizon Bancorp Reports Operating Results (10-Q) Nov 12 2010 
Horizon Bancorp Reports Operating Results (10-Q) May 13 2010 
Horizon Bancorp (HBNC) CFO Mark E Secor sells 1,450 Shares Feb 10 2010 
Horizon Bancorp Reports Operating Results (10-Q) Nov 12 2009 

More From Other Websites
HORIZON BANCORP /IN/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits Jul 29 2014
Bancorp (TBBK) in Focus: Stock Slumps 14.4% Jul 25 2014
Horizon Bancorp Announces an Increase in Second Quarter Earnings and Surpasses $2 Billion in Total... Jul 23 2014
HORIZON BANCORP /IN/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Jul 23 2014
Horizon Bancorp increased its quarterly dividend to 13c from 11c Jul 23 2014
Horizon Bancorp Announces an Increase in Second Quarter Earnings and Surpasses $2 Billion in Total... Jul 23 2014
HORIZON BANCORP /IN/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits Jun 20 2014
Horizon Bancorp raises dividend to 13c from 11c Jun 20 2014
Horizon Bancorp raises to 13c from 11c Jun 20 2014
HORIZON BANCORP /IN/ Financials May 20 2014
HORIZON BANCORP /IN/ Files SEC form 8-K, Change in Directors or Principal Officers, Submission of... May 13 2014
HORIZON BANCORP /IN/ Files SEC form 10-Q, Quarterly Report May 09 2014
HORIZON BANCORP /IN/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits May 08 2014
Horizon Bancorp Announces First Quarter 2014 Earnings Apr 21 2014
HORIZON BANCORP /IN/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Apr 21 2014
HORIZON BANCORP /IN/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits Apr 03 2014
Horizon Bancorp Announces Closing of SCB Bancorp Inc. Merger Apr 03 2014
HORIZON BANCORP /IN/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits Mar 19 2014
Horizon Bancorp Announces Closing of 1st Mortgage of Indiana, Inc. Acquisition Feb 28 2014
Horizon Bancorp Announces Closing of 1st Mortgage of Indiana, Inc. Acquisition Feb 28 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide