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HBNC - Horizon Bancorp: Strong Topline Growth On The Cards
March, 13 2022 03:40 AM
Horizon Bancorp Inc.
Economic strength will likely drive organic loan growth this year. Further, HBNC is interested in acquiring loans from other institutions. More assets than liabilities will re-price within one year. Therefore, the margin will significantly expand amidst a rising interest-rate environment. Due to the loan additions, the provision expense will most probably increase this year. The December 2022 target price suggests a high upside from the current market price. Further, HBNC is offering a decent dividend yield. For further details see:
Horizon Bancorp: Strong Topline Growth On The Cards
Stock Information
Company Name:
Horizon Bancorp Inc.
Stock Symbol:
HBNC
Market:
NASDAQ
Website:
horizonbank.com
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