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Horizon Bancorp Inc. drawdown: 16.0% below the all-time high (price)

Horizon Bancorp Inc. is 16.0% below its all-time high, set Jan 18, 2022 (as of market close, Oct 20, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−16.0%
84.0% of ATH
All-time high
$23.45
Jan 18, 2022
Time below the high
4.8 yrs
since Jan 18, 2022
Worst-ever drawdown
−67.2%
Mar 10, 2009
Longest underwater
6.2 yrs
between all-time highs
Today's level first reached
Jan 26, 2018
8.7 yrs ago
Last time this deep
Oct 27, 2021
in a previous episode

% of all-time high since 2002: price#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%40%60%80%
HBNC close · log5.0010.0020.00
20052010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Feb 17, 2006Mar 10, 2009−67.2%3.1 yrsApr 23, 20126.2 yrs
Jan 18, 2022May 11, 2023−67.0%16 monot yet4.8 yrs+
Jun 8, 2018Mar 20, 2020−63.7%1.8 yrsJan 13, 20223.6 yrs
Dec 27, 2013May 20, 2014−25.0%5 moDec 19, 201412 mo
Nov 20, 2003Jun 1, 2004−20.3%6 moJan 7, 200514 mo
Feb 11, 2005May 27, 2005−19.9%3 moFeb 16, 200612 mo
Jan 9, 2002Jan 16, 2002−18.0%7 daysMay 17, 20024 mo
Dec 30, 2015Mar 11, 2016−17.9%2 moSep 6, 20168 mo

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 2002: how far Horizon Bancorp Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is Horizon Bancorp Inc. from its all-time high?
Horizon Bancorp Inc. is currently 16.0% below its all-time high, set Jan 18, 2022 (as of market close, Oct 20, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Horizon Bancorp Inc. drawdown ever?
The deepest decline on record in our data (since 2002) took Horizon Bancorp Inc. 67.2% below its prior high, bottoming Mar 10, 2009. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from HBNC; no free deep history exists for Horizon Bancorp Inc. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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