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HBNC vs MBIN: fair value comparison

Horizon Bancorp, Inc. and Merchants Bancorp · Updated 2026-08-31

Both currently screen as overvalued on TickrTrends' Forward Fair Value model. Within Financial Services, HBNC currently sits closer to the top of our discount ranking.

HBNC MBIN
VerdictOvervaluedOvervalued
Last price$20.77$55.72
12-month range$15.31–$20.77$31.13–$55.72
Sector rank#149 of 165 Financial Services#152 of 165 Financial Services
Quality gradeC-
LeverageLow
RSI zoneNeutral
50/200-day trendUptrendUptrend
52-week positionThe top quarterThe top quarter

Full single-stock breakdowns: HBNC fair value analysis · MBIN fair value analysis

HBNC exact fair value → MBIN exact fair value →