- 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