Horizon Bancorp (IN) Stock Discussion

CEO Thomas Prame voiced confidence in Pendley's leadership, citing Horizon's potential for market expansion due to its robust client base and strong communities. Pendley is eager to profitably grow the mortgage division using Horizon's resources and referral network.

Despite EPS decline, optimism remains for long-term earnings stability. CEO's modest pay compared to peers is positive. Yet, last year's performance suggests unresolved challenges. Investors should consider warning signs with Horizon Bancorp.

Despite the current increase, Horizon Bancorp's weak five-year performance may lead to investor hesitation. The discrepancy between the EPS growth and the share price prompts careful consideration, with the thought that prior growth expectations might have been unreasonable.