` HBNC (Horizon Bancorp Inc) vs S&P 500 Comparison - Alpha Spread

HBNC
vs
S&P 500

Over the past 12 months, HBNC has underperformed S&P 500, delivering a return of +4% compared to the S&P 500's +12% growth.

Stocks Performance
HBNC vs S&P 500

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HBNC
S&P 500
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Performance Gap
HBNC vs S&P 500

Performance Gap Between HBNC and GSPC
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Performance By Year
HBNC vs S&P 500

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HBNC
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Competitors Performance
Horizon Bancorp Inc vs Peers

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Horizon Bancorp Inc
Glance View

Market Cap
946m USD
Industry
Banking

Horizon Bancorp, Inc. (Indiana) is a bank holding company, which engages in the provision of commercial and retail banking services. The company is headquartered in Michigan City, Indiana and currently employs 843 full-time employees. The company went IPO on 2001-12-20. The firm provides a range of banking services in northern and central Indiana and southern and central Michigan through its subsidiaries, Horizon Bank (the Bank) and Horizon Risk Management, Inc. The firm operates through the commercial banking segment. The Bank is a full-service commercial bank that offers a range of commercial and retail banking and other services incident to banking along with a trust department that offers corporate and individual trust and agency services and investment management services. The Bank maintains approximately 78 full-service offices. Its wholly owned subsidiary, Horizon Risk Management, Inc., is a captive insurance company. Its loan portfolio consists of commercial loans, real estate loans, mortgage warehouse loans and consumer loans. The company deposits include noninterest-bearing demand deposits, interest-bearing demand deposits, savings deposits, money market and time deposits.

HBNC Intrinsic Value
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