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home / news releases / HBNC - Horizon Bancorp: Attractive Dividend Yield And A Positive Earnings Outlook

HBNC - Horizon Bancorp: Attractive Dividend Yield And A Positive Earnings Outlook

Horizon Bancorp Inc.

2024-05-02 21:51:40 ET

Summary

  • I’ve increased my loan growth and margin estimates after the stronger-than-expected performance in the first quarter.
  • Planned asset re-mixes and the upcoming interest rate cuts will likely drive the net interest margin.
  • The December 2024 target price suggests a price upside of ~ 20% as of the writing of this report.
  • HBNC is offering quite a high dividend yield of 5.2%.

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For further details see:

Horizon Bancorp: Attractive Dividend Yield And A Positive Earnings Outlook
Stock Information
Company Name: Horizon Bancorp Inc.
Stock Symbol: HBNC
Market: NASDAQ
Website: horizonbank.com
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