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Horizon BancorpHBNC.OValuation Analysis

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Valuation Snapshot

Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Richly Valued” zone.

As of Oct 16, 2026, Horizon Bancorp (HBNC.O) trades at a negative P/E (-6.94x, due to a recent net loss), P/B of 1.38x, P/S of Negative, and a dividend yield of 3.28%.
Longitudinal percentile comparison: P/E historical percentile is still accumulating data over the trailing long-term window (vs. the short-term percentile still accumulating data); P/B sits at the 74th percentile over the trailing 10Y window (vs. 88th percentile over 3Y); P/S historical percentile is still accumulating data over the trailing long-term window (vs. the short-term percentile still accumulating data).
Cross-sectional valuation: its P/B ranks at the 54th percentile within its industry and the 44th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 3.28%, ranking at the 66th percentile over the trailing 20Y window.
Relative to the broader market, its P/B shows a deeper discount than it does against industry peers. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. Horizon Bancorp operates in the Finance, Insurance, And Real Estate sector. Data refreshes weekly and is for reference only, not investment advice.

Also listed as: NASDAQ: HBNC · HBNC

Want the full picture on whether Horizon Bancorp (HBNC.O) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.

P/E PE (TTM) -6.94
MarketNegative
IndustryNegative
3YNegative
5YNegative
10YNegative
20YNegative
P/B PB (MRQ) 1.38
MarketFair
IndustryFair
3YRich
5YRich
10YRich
20YRich
P/S PS (TTM) -76.72
MarketNegative
IndustryNegative
3YNegative
5YNegative
10YNegative
20YNegative
Dividend Yield 3.28%
MarketCheap
IndustryCheap
3YRich
5YRich
10YFair
20YFair
Buyback + Div Yield 3.28%
MarketFair
IndustryFair
3YRich
5YRich
10YFair
20YFair

Historical P/E (Weekly)

MetricCurrentMarket PercentileIndustry Percentile 3Y Pctl5Y Pctl10Y Pctl20Y Pctl
P/E (TTM)-6.94NegativeNegativeNegativeNegativeNegativeNegative
P/B (MRQ)1.38
43.8%
53.9%
87.9%
92.3%
73.9%
82.4%
P/S (TTM)-76.72NegativeNegativeNegativeNegativeNegativeNegative
Dividend Yield3.28%
85.8%
82.7%
25.5%
28.4%
56.3%
66.5%
Buyback + Div Yield3.28%
69.9%
62.5%
25.5%
28.4%
56.3%
66.5%
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