Horizon Bancorp (IN) (Horizon Bancorp (IN)) 5-Year Yield-on-Cost % : 8.66 (As of Apr. 25, 2024)

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What is Horizon Bancorp (IN) 5-Year Yield-on-Cost %?

Horizon Bancorp (IN)'s yield on cost for the quarter that ended in Dec. 2023 was 8.66.

The historical rank and industry rank for Horizon Bancorp (IN)'s 5-Year Yield-on-Cost % or its related term are showing as below:

HBNC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.36 Med: 3.89 Max: 13.22
Current: 8.66

During the past 13 years, Horizon Bancorp (IN)'s highest Yield on Cost was 13.22. The lowest was 2.36. And the median was 3.89.

HBNC's 5-Year Yield-on-Cost % is ranked better than
82.75% of 1206 companies
in the Banks industry
Industry Median: 4.965 vs HBNC: 8.66

Competitive Comparison of Horizon Bancorp (IN)'s 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Horizon Bancorp (IN)'s 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Horizon Bancorp (IN)'s 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Horizon Bancorp (IN)'s 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Horizon Bancorp (IN)'s 5-Year Yield-on-Cost % falls into.

Horizon Bancorp (IN) 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Horizon Bancorp (IN) is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Horizon Bancorp (IN) (NAS:HBNC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Horizon Bancorp (IN) 5-Year Yield-on-Cost % Related Terms

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Horizon Bancorp (IN) (Horizon Bancorp (IN)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Horizon Bancorp (IN) (NAS:HBNC) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 Franklin Street, Michigan City, IN, USA, 46360

Website

https://www.horizonbank.com

Horizon Bancorp (IN) is a United States-based holding company providing banking services. It is engaged in providing commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. The company also provides commercial loans, real estate loans, mortgage warehouse loans, consumer loans, and other credit facilities. In addition, the company provides advances, loans, term loans, overdrafts for various business purposes such as business expansion, purchasing machinery and equipment, business mortgaged and others. The company has one principal business segment, commercial banking. Revenue generated by the company mainly consists of dividends received.

Executives

Susan D Aaron	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Todd A. Etzler	officer: Executive Vice President & GC	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Vanessa Peterson Williams	director	999 WEST BIG BEAVER ROAD, TROY MI 48084-4716
Craig M Dwight	officer: Chief Executive Officer	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Thomas M Prame	officer: President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Noe S Najera	officer: EVP, Sr. Retail & Mort Lending	515 FRANKLIN ST, MICHIGAN CITY IN 46360
Julie Scheck Freigang	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Michele M. Magnuson	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
James D Neff	officer: President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Kathie A Deruiter	officer: Executive Vice President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Lynn Kerber	officer: EVP & SCCO	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Dennis Kuhn	officer: Executive Vice President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Steven William Reed	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Peter L Pairitz	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Eric P. Blackhurst	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360