Horizon Bancorp (HBNC)
Horizon Bancorp Beneish M-Score: -3.538
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HBNC Beneish M-Score Rankings
| Overall | 90th percentile | 369 of 3761 |
| Sector | 69th percentile | 205 of 675 in Financial |
| Industry | 65th percentile | 26 of 75 in Regional - Northeast Banks |
HBNC Beneish M-Score Range, Past 5 Years
| Minimum | -3.538 | Dec 2011 |
| Maximum | -3.119 | Jun 2007 |
| Average | -3.398 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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HBNC News
Best Stocks With Dividend Growth From Last Week + http://stks.co/33gZ + $AVB $CLF $HBNC $IBOC $KYN $RTN $UDR
about 66 days ago by DividendYield
about 66 days ago by DividendYield
Horizon Bancorp Ups Dividend Again, Puts Yield Near 3%: http://stks.co/32wq $HBNC
about 67 days ago by DynamicDividend
about 67 days ago by DynamicDividend
Horizon Bancorp Indiana (HBNC) Raises Quarterly Dividend 8.3% to $0.13; 2.9% Yield
Mar 23, 11:47AM Street Insider
Mar 23, 11:47AM Street Insider
Horizon Bancorp Announces Definitive Agreement to Acquire Indiana-Based Heartland Bancshares, Inc.
Feb 10, 6:00AM Business Wire
Feb 10, 6:00AM Business Wire
Horizon Bancorp Resumes Dividend Growth: http://stks.co/FZv / $HBNC yields 2.7% after first div hike in 3+ years
about 256 days ago by DynamicDividend
about 256 days ago by DynamicDividend
Horizon Bancorp Indiana (HBNC) Raises Quarterly Dividend 5.9% to $0.18; 2.7% Yield
Sep 16, 12:29PM Street Insider
Sep 16, 12:29PM Street Insider
Horizon Bancorp Announces Quarterly Dividend Increase to $0.18 from $0.17/Share
Sep 16, 12:27PM Benzinga
Sep 16, 12:27PM Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| HBNC | 25.10 | -0.15 | -0.59% | 125.49M |
| HBIO | 3.60 | +0.00 | +0.00% | 103.50M |
| HBI | 27.89 | +0.84 | +3.11% | 2.639B |
| HBHC | 30.48 | +0.76 | +2.56% | 2.549B |
| HBC | 40.37 | +0.14 | +0.35% | |
| HBAN | 6.64 | +0.18 | +2.79% | 5.593B |
| GWR | 51.44 | -0.22 | -0.43% | 2.194B |
| GVP | 2.29 | -0.07 | -2.97% | 43.33M |
| GVI | 111.69 | +0.12 | +0.11% | |
| GVA | 23.11 | +0.21 | +0.92% | 886.00M |
