When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
HBNC - Horizon Bancorp Earnings Likely To Rise Next Year
Horizon Bancorp Inc.
Horizon Bancorp's (HBNC) earnings provided a positive surprise in the third quarter, posting a surge in non-interest income. While earnings are expected to remain high going forward, they are unlikely to reach the third quarter level again due to the non-recurring nature of one of the income drivers in 3QFY19. In 2020, earnings are expected to be mostly driven by loan growth.
Michigan's Economic Downturn to Constrain Loan Growth
I'm expecting HBNC's loan growth to stay low in the last quarter of 2019 and in 2020 due to economic downturn in Michigan. The