Horizon Competitors
| HBNC Stock | USD 17.96 0.34 1.93% |
Horizon Bancorp vs Five Star Correlation
Poor diversification
The correlation between Horizon Bancorp and FSBC is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Horizon Bancorp and FSBC in the same portfolio, assuming nothing else is changed.
Moving together with Horizon Stock
| 0.95 | FBIZ | First Business Financial | PairCorr |
| 0.78 | FCAP | First Capital Normal Trading | PairCorr |
| 0.71 | FNWD | Finward Bancorp | PairCorr |
| 0.94 | BWB | Bridgewater Bancshares Normal Trading | PairCorr |
Moving against Horizon Stock
At present, Horizon Bancorp's Return On Assets are projected to slightly decrease based on the last few years of reporting. At present, Horizon Bancorp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 230.5 M, whereas Intangible Assets are forecasted to decline to about 9.4 M.Horizon Bancorp Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Horizon Bancorp and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Horizon and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Horizon Bancorp does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Horizon Stock performing well and Horizon Bancorp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Horizon Bancorp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TRST | 1.20 | 0.19 | 0.10 | 0.41 | 1.43 | 2.71 | 12.39 | |||
| MCB | 1.53 | 0.44 | 0.30 | 0.55 | 1.09 | 3.81 | 19.32 | |||
| HTB | 1.15 | 0.09 | 0.04 | 0.53 | 1.37 | 2.66 | 9.13 | |||
| NBBK | 1.18 | 0.27 | 0.20 | 0.64 | 0.97 | 2.93 | 6.22 | |||
| MBWM | 1.24 | 0.24 | 0.17 | 0.29 | 1.16 | 3.78 | 9.88 | |||
| AMTB | 1.57 | 0.35 | 0.21 | 0.29 | 1.45 | 4.07 | 10.32 | |||
| NBN | 1.92 | 0.26 | 0.11 | 0.21 | 2.24 | 4.10 | 13.72 | |||
| CCNE | 1.11 | 0.18 | 0.16 | 0.21 | 0.94 | 3.12 | 8.97 | |||
| CCBG | 1.23 | 0.04 | 0.02 | 0.08 | 1.86 | 3.11 | 9.74 | |||
| FSBC | 1.31 | 0.08 | 0.06 | 0.11 | 1.37 | 3.59 | 10.06 |
Cross Equities Net Income Analysis
Compare Horizon Bancorp and related stocks such as TrustCo Bank Corp, Metropolitan Bank Holding, and HomeTrust Bancshares Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TRST | 4.9 M | 33.1 M | 37.5 M | 39.8 M | 44.2 M | 42.2 M | 42.6 M | 43.1 M | 61.4 M | 57.8 M | 52.5 M | 61.5 M | 75.2 M | 58.6 M | 48.8 M | 61.1 M | 40.8 M |
| MCB | 4.3 M | 4.3 M | 4.3 M | 4.3 M | 4.3 M | 4.3 M | 5 M | 12.4 M | 25.6 M | 30.1 M | 39.5 M | 60.6 M | 59.4 M | 77.3 M | 66.7 M | 71.1 M | 45.2 M |
| HTB | 7 M | 4.5 M | 9.1 M | 10.3 M | 8 M | 11.5 M | 11.8 M | 8.2 M | 27.1 M | 22.8 M | 15.7 M | 35.7 M | 44.6 M | 50 M | 54.8 M | 63 M | 66.2 M |
| NBBK | 21.6 M | 21.6 M | 21.6 M | 21.6 M | 21.6 M | 21.6 M | 21.6 M | 21.6 M | 21.6 M | 21.6 M | 21.6 M | 30.1 M | 9.8 M | 42.1 M | 50.3 M | 57.8 M | 33.9 M |
| MBWM | (1.1 M) | 37.5 M | 12.5 M | 17 M | 17.3 M | 27 M | 31.9 M | 31.3 M | 42 M | 49.5 M | 44.1 M | 59 M | 61.1 M | 82.2 M | 79.6 M | 88.8 M | 93.2 M |
| AMTB | 15 M | 15 M | 15 M | 15 M | 15 M | 15 M | 23.6 M | 43.1 M | 45.8 M | 51.3 M | (1.7 M) | 112.9 M | 63.3 M | 32.5 M | (15.8 M) | 52.4 M | 42.3 M |
| NBN | 900 K | 2.2 M | 4.4 M | 2.7 M | 7.1 M | 7.6 M | 12.3 M | 16.2 M | 13.9 M | 22.7 M | 71.5 M | 42.2 M | 44.2 M | 58.2 M | 83.4 M | 96 M | 100.8 M |
| CCNE | 3.8 M | 15.1 M | 17.1 M | 16.7 M | 23.1 M | 22.2 M | 20.5 M | 23.9 M | 33.7 M | 40.1 M | 32.7 M | 57.7 M | 63.2 M | 58 M | 54.6 M | 66.1 M | 69.4 M |
| CCBG | 8.8 M | 4.9 M | 108 K | 6 M | 9.3 M | 9.1 M | 11.7 M | 10.9 M | 26.2 M | 30.8 M | 31.6 M | 33.4 M | 33.4 M | 52.3 M | 52.9 M | 61.6 M | 64.6 M |
| FSBC | 513 K | 513 K | 513 K | 513 K | 513 K | 513 K | 513 K | 854 K | 211 K | 29.3 M | 35.9 M | 42.4 M | 44.8 M | 47.7 M | 45.7 M | 61.6 M | 34 M |
Horizon Bancorp and related stocks such as TrustCo Bank Corp, Metropolitan Bank Holding, and HomeTrust Bancshares Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Horizon Bancorp financial statement analysis. It represents the amount of money remaining after all of Horizon Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Horizon Bancorp Competitive Analysis
The better you understand Horizon Bancorp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Horizon Bancorp's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Horizon Bancorp's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Horizon Bancorp Competition Performance Charts
Five steps to successful analysis of Horizon Bancorp Competition
Horizon Bancorp's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Horizon Bancorp in relation to its competition. Horizon Bancorp's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Horizon Bancorp in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Horizon Bancorp's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Horizon Bancorp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Horizon Bancorp Correlation with its peers. For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Will Regional Banks sector continue expanding? Could Horizon diversify its offerings? Factors like these will boost the valuation of Horizon Bancorp. Market participants price Horizon higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Horizon Bancorp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.469 | Dividend Share 0.64 | Earnings Share (3.41) | Revenue Per Share | Quarterly Revenue Growth 2.187 |
Understanding Horizon Bancorp requires distinguishing between market price and book value, where the latter reflects Horizon's accounting equity. The concept of intrinsic value—what Horizon Bancorp's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Horizon Bancorp's price substantially above or below its fundamental value.
Please note, there is a significant difference between Horizon Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Horizon Bancorp's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.