Investing in Horizon Bancorp (IN) (HBNC)  ➔  Intrinsic value

Prev. close$17.14 
Previous Close$17.14  
Valuation MethodValuePotential 
Chepakovich Model$1.40-92%recalculate
Graham Formula$50.14+193%recalculate

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Company description

Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers demand and time deposits. It also provides commercial, residential real estate, mortgage warehouse, and consumer loans. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; and sells various insurance products. It operates through a network of 63 full service offices and 1 loan production office in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.