Key Developments For Horizon Bancorp (Indiana)
Horizon Bancorp (Indiana) (HBNC.O) (Consolidated Issue listed on NASDAQ Global Market)
Horizon Bancorp's CFO To Move To Internal Auditor- AFX Asia
AFX Asia reported that Horizon Bancorp's Chief Financial Officer (CFO) to transition to role of Internal Auditor, January 1, 2009, onwards, until retirement in August, 2010.
Horizon Bancorp Issues Q3 2008 Earnings Outlook Below Analysts' Estimates
Horizon Bancorp announced that for third quarter of 2008, it expects earnings to be approximately $1.3 million or $0.41 per fully diluted share (EPS). According to Reuters Estimates, analysts were expecting the Company to report net profit of $2.3 million and EPS of $0.71 for the same period.
Horizon Bancorp Announces Quarterly Dividend Increase
Horizon Bancorp announced that its Board of Directors has declared an increase in quarterly dividends from USD0.15 to USD0.17 per share. This represents a 13.33% increase and a dividend yield of 3.31% on the price per share of $20.52 as of the close of business on June 10, 2008.
Horizon Bancorp Issues FY 2007 Earnings Guidance
Horizon Bancorp announced that it anticipates its fiscal 2007 earnings to exceed those of fiscal 2006. The Company reported earnings of $2.33 per share (EPS) in fiscal 2006. According to Reuters Estimates, analysts are expecting the Company to report EPS of $2.59 for fiscal 2007.
Horizon Bancorp Announces Quarterly Dividend Increase
Horizon Bancorp announced an increase in quarterly dividends from $0.14 to $0.15 per share. This represents a 7.14% increase and a dividend yield of 2.18% based on the price per share of $27.50 as of the close of business on June 15, 2007. The dividend will be paid on July 19, 2007 to shareholders of record on July 5, 2007.
