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HBNC - Horizon Bancorp: Expansion Plans To Boost Earnings
August, 05 2021 11:45 AM
Horizon Bancorp Inc.
Plans to acquire branches and hire new lenders will likely drive loan growth in the quarters ahead. Deposit costs will likely decline due to the addition of low-cost deposits and the maturity of costly certificates of deposits. The December 2021 target price suggests a high upside from the current market price. Further, Horizon Bancorp is offering a modest dividend yield. For further details see:
Horizon Bancorp: Expansion Plans To Boost Earnings
Stock Information
Company Name:
Horizon Bancorp Inc.
Stock Symbol:
HBNC
Market:
NASDAQ
Website:
horizonbank.com
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