Horizon Bancorp, Inc. (HBNC) vs Oaktree Specialty Lending Corporation (OCSL)

A side-by-side comparison of Horizon Bancorp, Inc. and Oaktree Specialty Lending Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — HBNC vs OCSL

growth of $100 · dividends reinvested · last 10y
HBNC +114.3% (+7.9%/yr)OCSL +84.2% (+6.3%/yr)HBNC compounded faster over this window
50100150200250Start $10020182020202220242026$214$184
HBNC OCSL

HBNC vs OCSL: by the numbers

  • •OCSL is the larger company ($1.04B vs $998M market cap).
  • •OCSL is profitable (15.13% net margin) while HBNC runs a net loss (-150.89%).
  • •OCSL grew revenue faster over the past five years (30.70% vs -17.66% CAGR).
  • •OCSL pays the higher dividend yield (12.40% vs 3.33%).

Metrics side by side

Valuation

MetricHBNCOCSL
P/E ratioN/A24.49
Forward P/E9.148.70
P/S ratio10.463.74
P/B ratio1.370.75

Profitability

MetricHBNCOCSL
Gross marginN/A80.54%
Operating margin-197.96%44.09%
Net margin-150.89%15.13%
ROE-19.83%3.05%

Horizon Bancorp, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

MetricHBNCOCSL
Dividend yield3.33%12.40%
Payout ratioN/A303.91%

Growth (annualized)

MetricHBNCOCSL
Revenue CAGR (5Y)-17.66%30.70%
EPS CAGR (5Y)N/A-14.02%
Total return CAGR (5Y)5.42%0.13%

Frequently asked

Which has grown faster, HBNC or OCSL?
Over the past five years, OCSL grew revenue faster — HBNC at a -17.66% CAGR versus OCSL at 30.70%.
Does HBNC or OCSL pay a bigger dividend?
HBNC yields 3.33% and OCSL yields 12.40% based on trailing dividends and the latest price.
Is HBNC or OCSL more profitable?
OCSL runs the higher net margin — HBNC at -150.89% versus OCSL at 15.13%.
How have HBNC and OCSL total returns compared?
Over the past 10 years, HBNC delivered 7.82% and OCSL delivered 6.24% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.