Horizon Technology Finance Corporation (HRZN) vs First Internet Bancorp (INBK)

A side-by-side comparison of Horizon Technology Finance Corporation and First Internet Bancorp 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.

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Total return — HRZN vs INBK

growth of $100 · dividends reinvested · last 10y
HRZN +10.6% (+1.0%/yr)INBK +25.5% (+2.3%/yr)INBK compounded faster over this window
50100150200Start $10020182020202220242026$111$125
HRZN INBK

HRZN vs INBK: by the numbers

  • •INBK is the larger company ($235M vs $229M market cap).
  • •HRZN is profitable (4.62% net margin) while INBK runs a net loss (-9.82%).
  • •HRZN grew revenue faster over the past five years (32.13% vs 13.37% CAGR).
  • •HRZN pays the higher dividend yield (24.24% vs 0.89%).

Metrics side by side

Valuation

MetricHRZNINBK
P/E ratio13.11N/A
Forward P/E6.7711.39
P/S ratio2.090.73
P/B ratio0.550.65

Profitability

MetricHRZNINBK
Gross margin18.03%N/A
Operating margin-3.99%-14.27%
Net margin4.62%-9.82%
ROE1.21%-8.64%

First Internet Bancorp: 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

MetricHRZNINBK
Dividend yield24.24%0.89%
Payout ratio318.33%N/A

Growth (annualized)

MetricHRZNINBK
Revenue CAGR (5Y)32.13%13.37%
Total return CAGR (5Y)-11.36%-2.09%

Frequently asked

Which has grown faster, HRZN or INBK?
Over the past five years, HRZN grew revenue faster — HRZN at a 32.13% CAGR versus INBK at 13.37%.
Does HRZN or INBK pay a bigger dividend?
HRZN yields 24.24% and INBK yields 0.89% based on trailing dividends and the latest price.
Is HRZN or INBK more profitable?
HRZN runs the higher net margin — HRZN at 4.62% versus INBK at -9.82%.
How have HRZN and INBK total returns compared?
Over the past 10 years, HRZN delivered 0.99% and INBK delivered 2.29% 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.