HBNC - Horizon Bancorp: While The Valuation Looks Full Today Keep This Bank On Your Radar
- The current valuation is not very appealing, but the bank is performing well.
- Revenue trends will likely slow a little as PPP related loans work their way off the balance sheet.
- Core expenses have been well-managed, but the bank likely needs an acquisition before it can become even more efficient.
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Horizon Bancorp: While The Valuation Looks Full Today, Keep This Bank On Your Radar