Horizon Bancorp is a bank holding company. Through its bank subsidiary, Horizon Bank (the Bank), and other affiliated entities and its subsidiary, Horizon Risk Management, Inc., Co. provides banking services in northern and central Indiana and southern and central Michigan. The Bank is a commercial bank providing commercial and retail banking services, corporate and individual trust and agency services and other services incident to banking. Horizon Risk Management, Inc. is a captive insurance company. The Bank's subsidiaries include: Horizon Investments, Inc., which manages the investment portfolio of the Bank; and Horizon Properties, Inc., which manages the real estate investment trust. We show 59 historical shares outstanding datapoints in our HBNC shares outstanding history coverage, used to compute HBNC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HBNC market cap history over the course of time is important for investors
interested in comparing HBNC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of HBNC versus a peer is one thing; comparing
HBNC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like HBNC can fluctuate over the course of history.
With this page we aim to empower investors researching HBNC by allowing them to research the HBNC market cap history. |
Free HBNC Email Alerts:
Video: The Importance of Market Cap
