Horizon Bancorp, Inc. - Common Stock (HBNC)

Horizon has managed to boost its dividend by an average of almost 11% annually in the past decade, which is extremely strong by the standards of the banking group.

HBNC stock results show that Horizon Bancorp beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.

HBNC stock results show that Horizon Bancorp beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.

Companies Reporting Before The Bell • Freeport-McMoRan (NYSE:FCX) is estimated to report quarterly earnings at $0.22 per share on revenue of $5.86 billion.

Companies Reporting Before The Bell • Deutsche Bank (NYSE:DB) is estimated to report quarterly earnings at $0.52 per share on revenue of $7.65 billion.

By the close of today, January 19, 2024, Horizon Bancorp (NASDAQ:HBNC) will issue a dividend payout of $0.16 per share, resulting in an annualized dividend yield of 4.70%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on January 04, 2024.

Deutsche Bank's cost for insuring bonds jumped 20%, sending bank stocks down on both sides of the Atlantic and increasing recession fears.

Silicon Valley Bank's focus on the venture capital industry was its downfall, Tim Melvin, a regional bank trader, said on "Benzinga Live" Friday. 

One way to make quick gains is to invest in quality stocks that are down significantly. Since these are quality stocks, they should eventually move up, and in turn, provide gains to investors. Here are the 10 biggest stocks with a new 52-week low.

Companies Reporting Before The Bell • ASML Holding (NASDAQ:ASML) is expected to report quarterly earnings at $4.45 per share on revenue of $6.50 billion.