Horizon Bancorp Inc
NASDAQ:HBNC
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.9), the stock would be worth $11.7 (36% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.3 | $18.39 |
0%
|
| 3-Year Average | 0.9 | $11.7 |
-36%
|
| 5-Year Average | 0.9 | $12.9 |
-30%
|
| Industry Average | 1.2 | $16.66 |
-9%
|
| Country Average | 2.5 | $34.42 |
+87%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| US |
|
Horizon Bancorp Inc
NASDAQ:HBNC
|
938.9m USD | 1.3 | -6.3 | |
| US |
|
PNC Financial Services Group Inc
NYSE:PNC
|
88.8B USD | 1.4 | 13 | |
| US |
|
Truist Financial Corp
NYSE:TFC
|
63.7B USD | 1 | 12.3 | |
| US |
|
Fifth Third Bancorp
NASDAQ:FITB
|
45.6B USD | 1.3 | 22.5 | |
| US |
|
Huntington Bancshares Inc
NASDAQ:HBAN
|
33.5B USD | 1 | 16.2 | |
| CN |
|
Bank of Ningbo Co Ltd
SZSE:002142
|
219.6B CNY | 0.9 | 8 | |
| US |
|
M&T Bank Corp
NYSE:MTB
|
32B USD | 1.1 | 11.5 | |
| CN |
|
Bank of Jiangsu Co Ltd
SSE:600919
|
208.5B CNY | 0.6 | 6.5 | |
| JP |
|
Resona Holdings Inc
TSE:8308
|
4.5T JPY | 1.6 | 17 | |
| US |
|
Citizens Financial Group Inc
NYSE:CFG
|
27.7B USD | 1.1 | 15.1 | |
| US |
|
Regions Financial Corp
NYSE:RF
|
24.2B USD | 1.3 | 11.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.5 |
| 70th Percentile | 4.8 |
| Max | 147 580.5 |
Other Multiples
Horizon Bancorp Inc
Glance View
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.
