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HBNC

Horizon Bancorp (in)

$12.74

Earnings Summary

Revenue
$94.86Mn
Net Profits
$13.99Mn
Net Profit Margins
14.75%
PE Ratio
23.57

Highlights

Revenue:

Horizon Bancorp (in)’s revenue jumped 32.12% since last year same period to $94.86Mn in the Q1 2024. On a quarterly growth basis, Horizon Bancorp (in) has generated 50.41% jump in its revenue since last 3-months.

Net Profits:

Horizon Bancorp (in)’s net profit fell -23.24% since last year same period to $13.99Mn in the Q1 2024. On a quarterly growth basis, Horizon Bancorp (in) has generated 155.49% jump in its net profits since last 3-months.

Net Profit Margins:

Horizon Bancorp (in)’s net profit margin fell -41.9% since last year same period to 14.75% in the Q1 2024. On a quarterly growth basis, Horizon Bancorp (in) has generated 136.89% jump in its net profit margins since last 3-months.

PE Ratio:

Horizon Bancorp (in)’s price-to-earnings ratio after this Q1 2024 earnings stands at 23.57.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Horizon Bancorp (in) post its latest quarter earnings

EPS Estimate Current Quarter
0.31
EPS Estimate Current Year
0.31

Highlights

EPS Estimate Current Quarter:

Horizon Bancorp (in)’s earning per share (EPS) estimates for the current quarter stand at 0.31 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Horizon Bancorp (in)’s earning per share (EPS) estimates for the current year stand at 0.31.

Key Ratios

Key ratios of the Horizon Bancorp (in) post its Q1 2024 earnings

Earning Per Share (EPS)
0.32
Return on Assets (ROA)
0
Return on Equity (ROE)
0.03
Dividend Per Share (DPS)
0.16

Highlights

Earning Per Share (EPS):

Horizon Bancorp (in)’s earning per share (EPS) fell -23.81% since last year same period to 0.32 in the Q1 2024. This indicates that the Horizon Bancorp (in) has generated -23.81% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Horizon Bancorp (in)’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Horizon Bancorp (in)’s return on equity (ROE) stands at 0.03.

Dividend Per Share (DPS):

Horizon Bancorp (in) declared 0.16 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-10
0.31
0.32
3.23%