Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Common Stock and Related Stockholder Matters
Horizon common stock is traded on the NASDAQ Global Select Market under the symbol “HBNC.”
The approximate number of holders of record of Horizon’s outstanding common stock as of March 8, 2022 was 1,489.
The Equity Compensation Plan Information table appears under the caption “Equity Compensation Plan Information” in Item 12 below and is incorporated herein by reference.
Repurchases of Securities
There were no purchases by the Company of its common stock during the fourth quarter of 2021.
Performance Graph
The SEC requires Horizon to include a line graph comparing Horizon’s cumulative five–year total shareholder returns on the common shares with market and industry returns over the past five years. S&P Global Market Intelligence prepared the following graph. The return represented in the graph assumes the investment of $100 on December 31, 2016, and further assumes reinvestment of all dividends. The Company’s common stock began trading on the NASDAQ Global Market on February 1, 2007, and on the NASDAQ Global Select Market on January 2, 2014. Prior to that date, the common stock was traded on the NASDAQ Capital Market.
December 31 December 31 December 31 December 31 December 31 December 31
Index 2016 2017 2018 2019 2020 2021
Horizon Bancorp, Inc. 100.00 101.06 87.78 108.57 94.61 128.13
Russell 2000 Index 100.00 114.65 102.02 128.06 153.62 176.39
S&P U.S. SmallCap Banks Index 100.00 104.33 87.06 109.22 99.19 138.09
Source: S&P Global Market Intelligence
© 2022
32
Table of Contents
HORIZON BANCORP, INC.
The following chart compares the change in market price of Horizon’s common stock since December 31, 2016 to that of publicly traded banks in Indiana and Michigan with assets greater than $500 million, excluding the reinvestment of dividends.
December 31 December 31 December 31 December 31 December 31 December 31
Index 2016 2017 2018 2019 2020 2021
Horizon Bancorp, Inc. 100.00 101.06 87.78 108.57 94.61 128.13
Indiana Banks (1)
100.00 116.30 117.14 126.30 138.08 158.64
Michigan Banks (1)
100.00 114.04 111.61 127.47 122.66 164.14
(1) Excludes merger targets
Source: S&P Global Market Intelligence
© 2022
ITEM 6. RESERVED
33
Table of Contents
HORIZON BANCORP, INC. AND SUBSIDIARIES
Management’s Discussion and Analysis of
Financial Condition and Results of Operations
(Table dollars in thousands except per share data)
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.