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. The HBNC YTD return is shown above.
The YTD Return on the HBNC YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether HBNC YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the HBNC YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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