XNASHBNC
Market cap680mUSD
Jan 14, Last price
15.56USD
1D
3.53%
1Q
-1.52%
Jan 2017
-16.66%
Name
Horizon Bancorp Inc
Chart & Performance
Profile
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers various deposits. It also provides commercial, residential real estate, mortgage warehouse, and consumer loans. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; and sells various insurance products. It operates through a network of 78 full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 185,283 -23.30% | 241,558 5.82% | |||||||
Cost of revenue | 118,377 | 82,841 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 66,906 | 158,717 | |||||||
NOPBT Margin | 36.11% | 65.71% | |||||||
Operating Taxes | 11,018 | 12,176 | |||||||
Tax Rate | 16.47% | 7.67% | |||||||
NOPAT | 55,888 | 146,541 | |||||||
Net income | 27,981 -70.04% | 93,408 7.25% | |||||||
Dividends | (28,311) | (27,765) | |||||||
Dividend yield | 4.51% | 4.21% | |||||||
Proceeds from repurchase of equity | (1,221) | (1,679) | |||||||
BB yield | 0.19% | 0.25% | |||||||
Debt | |||||||||
Debt current | 742,684 | ||||||||
Long-term debt | 899,821 | 1,258,872 | |||||||
Deferred revenue | |||||||||
Other long-term liabilities | 6,321,852 | (1,253,492) | |||||||
Net debt | (2,119,583) | (2,142,625) | |||||||
Cash flow | |||||||||
Cash from operating activities | 81,444 | 94,380 | |||||||
CAPEX | (7,775) | (6,429) | |||||||
Cash from investing activities | 329,518 | (1,019,932) | |||||||
Cash from financing activities | (15,444) | 455,549 | |||||||
FCF | 787,870 | (599,156) | |||||||
Balance | |||||||||
Cash | 526,515 | 1,123,875 | |||||||
Long term investments | 2,492,889 | 3,020,306 | |||||||
Excess cash | 3,010,140 | 4,132,103 | |||||||
Stockholders' equity | 362,412 | 323,187 | |||||||
Invested Capital | 7,578,073 | 8,286,635 | |||||||
ROIC | 0.70% | 1.92% | |||||||
ROCE | 0.84% | 1.84% | |||||||
EV | |||||||||
Common stock shares outstanding | 43,844 | 43,699 | |||||||
Price | 14.31 -5.11% | 15.08 -27.67% | |||||||
Market cap | 627,406 -4.79% | 658,983 -28.10% | |||||||
EV | (1,492,177) | (1,483,642) | |||||||
EBITDA | 77,844 | 171,816 | |||||||
EV/EBITDA | |||||||||
Interest | 136,561 | 36,515 | |||||||
Interest/NOPBT | 204.11% | 23.01% |