Company profile

Ticker
HBNC
Exchange
CEO
Craig M. Dwight
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Horizon Bancorp
SEC CIK
IRS number
351562417

HBNC stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors
Top 50 of 235 long holdings
End of quarter 31 Mar 20
Value
 
#Shares
 
Prev Q
 
Change
%, QoQ
$4.82M 488.46K 502.17K -2.7
$4.48M 137.12K 171.21K -19.9
$3.46M 17.95K 15.84K +13.3
$2.88M 20.36K 18.47K +10.3
$2.09M 13.26K 9.43K +40.5
$1.32M 12.06K 11.86K +1.6
$1.15M 8.42K 8.8K -4.4
SPDR S&P 500
$987K 3.83K 3.41K +12.4
$895K 8.13K 8.5K -4.3
$848K 17.81K 25.11K -29.1
$784K 6.53K 7K -6.7
$782K 5.96K 6.49K -8.2
$771K 14.25K 19.87K -28.3
$733K 6.45K 8.42K -23.4
$728K 5.12K 7.28K -29.7
$719K 31.25K 31.25K 0
$709K 2.79K 3.63K -23.2
$705K 15.94K 18.49K -13.8
$702K 6.33K 7.89K -19.8
$700K 4.29K 4.73K -9.3
$686K 8.69K 8.69K 0
$676K 4.87K 5.9K -17.5
$590K 10.98K 16.31K -32.7
$580K 2.86K 3.87K -26.1
$556K 6.85K 7.83K -12.5
$542K 6.01K 6.51K -7.7
$535K 6.21K 7.98K -22.1
$525K 5.65K 6.6K -14.4
$515K 7.61K 8.79K -13.4
$513K 11.24K 15.63K -28.1
$499K 16.57K 14.24K +16.4
$496K 10.37K 10.86K -4.5
$494K 13K 12.99K +0.1
$484K 2.65K 1.97K +34.6
$470K 9.73K 9.73K 0
$453K 390 311 +25.4
$439K 2.65K 3.5K -24.3
$439K 2.53K 4.22K -40.0
$437K 17.49K 16.72K +4.6
$435K 2.33K 2.46K -5.2
$424K 7.15K 13.27K -46.1
$424K 3.32K 3.53K -6.2
$422K 6.36K 8.68K -26.7
$394K 10.03K 13.75K -27.1
$393K 5.25K 5.59K -6.0
$389K 1.62K 3.62K -55.3
$384K 13.17K 15.3K -13.9
$380K 5.21K 4.78K +9.0
$376K 8.22K 8.56K -4.0
$367K 4.46K 4.78K -6.7
Holdings list only includes long positions. Only includes long positions.

Calendar

11 May 20
6 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 51.65M 53.4M 55.71M 53.85M
Net income 11.66M 18.54M 20.54M 16.64M
Diluted EPS 0.26 0.41 0.46 0.37
Net profit margin 22.56% 34.73% 36.86% 30.90%
Net change in cash -12.37M 7.55M -3.41M 8.56M
Cash on hand 86.46M 98.83M 91.28M 94.69M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 208.33M 166.17M 128.48M 106.53M
Net income 66.54M 53.12M 33.12M 23.91M
Diluted EPS 1.53 1.38 0.95 0.79
Net profit margin 31.94% 31.97% 25.78% 22.45%
Net change in cash 40.34M -1.49M 6.56M 18.1M
Cash on hand 98.83M 58.49M 59.98M 53.42M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
29 May 20 DeRuiter Kathie A Deferred Stock Units Common Stock Grant Aquire A No 10.26 5,653 58K 19,614
29 May 20 Secor Mark E Deferred Stock Units Common Stock Grant Aquire A No 10.26 17,056 174.99K 37,283
18 May 20 Todd A. Etzler Deferred Stock Units Common Stock Grant Aquire A No 9.56 784 7.5K 784
15 May 20 Reed Steven William Common Stock Grant Aquire A No 8.71 3,000 26.13K 24,823
17 Mar 20 DeRuiter Kathie A Common Stock Payment of exercise Dispose F No 10.47 1,320 13.82K 5,210
17 Mar 20 DeRuiter Kathie A Common Stock Grant Aquire A No 0 5,653 0 6,530
13F holders
Current Prev Q Change
Total holders 1 0 NEW
Opened positions 1 0 NEW
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 0 0
Total shares 0 0
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
IFP Advisors 0 $0
Largest transactions
Shares Bought/sold Change
IFP Advisors 0 0

Financial report summary

?
Competition
NobleMidlandNobleAllenNobleNobleFarmers State Bank
Risks
  • The COVID-19 pandemic has adversely impacted our business and financial results, and the ultimate impact will depend on future developments, which are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and actions taken by governmental authorities in response to the pandemic.
Management Discussion
  • Consolidated net income for the three-month period ended March 31, 2020 was $11.7 million, or $0.26 diluted earnings per share, compared to $10.8 million, or $0.28 diluted earnings per share for the same period in 2019. The increase in net income for the three-month period ended March 31, 2020 when compared to the same prior year period reflects an increase in net interest income of $6.6 million, an increase in non-interest income of $3.4 million and a decrease in tax expense of $490,000, offset by an increase in credit loss expense of $8.2 million and an increase in non-interest expense of $1.4 million. Excluding merger expenses, gain on sale of investment securities and death benefit on bank owned lief insurance (“adjusted net income”), adjusted net income for the first quarter of 2020 was $11.2 million, or $0.24 diluted earnings per share, compared to $14.2 million, or $0.37 diluted earnings per share for the first quarter of 2019.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Bad
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