Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 9.12 as of 2026-10-06T17:12:54.717Z.
Consensus retrieved: 2026-10-06T12:16:52.885Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T17:12:54.717Z.
Quote observation: 2026-10-06T17:10:13.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 557f3e4aa66787be0e79253ab739effc82fd41b63155538b3e124d98b540aacb
Forward PE Ratio (9.12) = Dated Quote Price ($19.42) / Consensus Forward EPS ($2.13)
FORWARD PE RATIO
9.12
SECTOR MEDIAN · FINANCIAL SERVICES
11.15
median of 367 covered companies
CURRENT VS SECTOR MEDIAN
-18.21%
vs the sector median at left
Horizon Bancorp, Inc.
Market Cap
$996.69M
Forward PE Ratio
9.12
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Horizon Bancorp, Inc. (HBNC) | $996.69M | 9.12 |
| CNB Financial Corporation (CCNE)vs › | $1.00B | 9.57 |
| MetroCity Bankshares, Inc. (MCBS)vs › | $1.00B | 10.79 |
| Business First Bancshares, Inc. (BFST)vs › | $1.01B | 10.26 |
| CNB Financial Corporation (CCNEP)vs › | $1.02B | 6.93 |
| OceanFirst Financial Corp. (OCFC)vs › | $1.02B | 9.61 |
| Esquire Financial Holdings, Inc. (ESQ)vs › | $1.02B | 17.01 |
| Mercantile Bank Corporation (MBWM)vs › | $1.02B | 10.67 |
| Camden National Corp. (CAC)vs › | $959.82M | 10.54 |
| Oaktree Specialty Lending Corporation (OCSL)vs › | $1.04B | 8.65 |
Trailing P/E
N/A
reported TTM EPS
Forward P/E
9.1
consensus EPS · fiscal year ending 2026-12-31
At the dated quote price of $19.42, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $2.13 | $2.11 – $2.14 | 4 | 9.1x |
| 2027-12-31 | $2.24 | $2.21 – $2.27 | 4 | 8.7x |
| 2028-12-31 | $2.35 | $2.34 – $2.36 | 1 | 8.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute