Horizon Bancorp (HBNC) Competitors

Independent Bank (NASDAQ:INDB) and Horizon Bancorp (NASDAQ:HBNC) are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, profitability, earnings, community ranking, dividends, valuation, media sentiment, analyst recommendations and institutional ownership.

Is INDB or HBNC more profitable?

Independent Bank has a net margin of 20.26% compared to Horizon Bancorp's net margin of 5.89%. Horizon Bancorp's return on equity of 8.27% beat Independent Bank's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Independent Bank	20.26%	6.74%	1.02%
Horizon Bancorp	5.89%	8.27%	0.76%

Do analysts rate INDB or HBNC?

Independent Bank currently has a consensus price target of $78.00, indicating a potential upside of 16.35%. Horizon Bancorp has a consensus price target of $18.33, indicating a potential upside of 15.81%. Given Independent Bank's stronger consensus rating and higher probable upside, equities research analysts plainly believe Independent Bank is more favorable than Horizon Bancorp.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Independent Bank	0 Sell rating(s)	1 Hold rating(s)	0 Buy rating(s)	2 Strong Buy rating(s)	3.33
Horizon Bancorp	0 Sell rating(s)	2 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	2.33

Does the MarketBeat Community prefer INDB or HBNC?

Independent Bank received 79 more outperform votes than Horizon Bancorp when rated by MarketBeat users. However, 57.73% of users gave Horizon Bancorp an outperform vote while only 54.41% of users gave Independent Bank an outperform vote.

Company	Underperform	Outperform
Independent Bank	Outperform Votes 389 54.41%	Underperform Votes 326 45.59%
Horizon Bancorp	Outperform Votes 310 57.73%	Underperform Votes 227 42.27%

Do institutionals & insiders believe in INDB or HBNC?

83.4% of Independent Bank shares are owned by institutional investors. Comparatively, 64.5% of Horizon Bancorp shares are owned by institutional investors. 1.0% of Independent Bank shares are owned by company insiders. Comparatively, 2.8% of Horizon Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Which has higher valuation & earnings, INDB or HBNC?

Independent Bank has higher revenue and earnings than Horizon Bancorp. Independent Bank is trading at a lower price-to-earnings ratio than Horizon Bancorp, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Independent Bank	$920.34M	3.10	$239.50M	$4.60	14.57
Horizon Bancorp	$324.30M	2.13	$27.98M	$0.47	33.68

Is INDB or HBNC a better dividend stock?

Independent Bank pays an annual dividend of $2.28 per share and has a dividend yield of 3.4%. Horizon Bancorp pays an annual dividend of $0.64 per share and has a dividend yield of 4.0%. Independent Bank pays out 49.6% of its earnings in the form of a dividend. Horizon Bancorp pays out 136.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Independent Bank has raised its dividend for 14 consecutive years.

Does the media refer more to INDB or HBNC?

In the previous week, Independent Bank had 8 more articles in the media than Horizon Bancorp. MarketBeat recorded 12 mentions for Independent Bank and 4 mentions for Horizon Bancorp. Independent Bank's average media sentiment score of 0.91 beat Horizon Bancorp's score of 0.76 indicating that Independent Bank is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Independent Bank	3 Very Positive mention(s)	2 Positive mention(s)	5 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Horizon Bancorp	2 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Which has more volatility & risk, INDB or HBNC?

Independent Bank has a beta of 0.78, meaning that its stock price is 22% less volatile than the S&P 500. Comparatively, Horizon Bancorp has a beta of 1.08, meaning that its stock price is 8% more volatile than the S&P 500.

Summary

Independent Bank beats Horizon Bancorp on 15 of the 22 factors compared between the two stocks.