Old National Bancorp (ONB)
| Market Cap | 5.51B |
| Revenue (ttm) | 1.75B |
| Net Income (ttm) | 539.54M |
| Shares Out | 318.97M |
| EPS (ttm) | 1.85 |
| PE Ratio | 9.34 |
| Forward PE | 9.07 |
| Dividend | $0.56 (3.24%) |
| Ex-Dividend Date | Jun 5, 2024 |
| Volume | 990,081 |
| Open | 17.10 |
| Previous Close | 17.10 |
| Day's Range | 17.06 - 17.31 |
| 52-Week Range | 12.36 - 17.82 |
| Beta | 0.83 |
| Analysts | Buy |
| Price Target | 19.00 (+10.02%) |
| Earnings Date | Jul 23, 2024 |
About ONB
Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and leas... [Read more]
Financial Performance
In 2023, ONB's revenue was $1.78 billion, an increase of 12.30% compared to the previous year's $1.58 billion. Earnings were $565.86 million, an increase of 36.62%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for ONB stock is "Buy." The 12-month stock price forecast is $19.0, which is an increase of 10.02% from the latest price.
News
Old National Receives BauerFinancial 5-Star Rating
EVANSVILLE, Ind., June 20, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”) has received a 5-Star “Superior” rating from BauerFinancial.
Wells Fargo exec sees the most loan stress in older office buildings
A Wells Fargo & Co. executive said Tuesday the bank is seeing loan stress in older office buildings as the financial world grapples with lower real-estate values for working space as employees continu...
Moody's Reviewing Six Regional Banks for Possible Downgrades
Shares of six regional banks declined Friday, a day after Moody's placed them on a long-term ratings review for possible downgrades because of their substantial exposure to potentially risky real esta...
Moody's puts several U.S. regional banks on downgrade review over commercial real-estate concerns
Moody's Ratings has placed the long-term debt ratings of Old National Bancorp. and several other U.S. regional banks on review for downgrade amid concerns over commercial real-estate exposure.
Old National Named Among the 50 Most Community-Minded Companies in the U.S.
Old National Bancorp has been named by Points of Light as one of “The Civic 50” honorees for 2024 – a list that recognizes the 50 most community-minded
Old National Bancorp Announces Quarterly Dividends
EVANSVILLE, Ind., May 15, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (the “Company” or “Old National”) (NASDAQ: ONB) today announced that its Board of Directors declared a quarterly cash dividend o...
Old National's Boudreau, Rubocki Receive National Military Friendly® Award Honors
Boudreau (Madison, Wisc., office) receives Employee Veteran Leadership award Rubocki (Joliet, Ill.
Old National Bancorp Reports First Quarter 2024 Results
EVANSVILLE, Ind., April 23, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) reports 1Q24 net income applicable to common shares of $116.3 million, diluted EPS of $0.40; $130.8 million and ...
Old National Releases 2023 ESG Report
EVANSVILLE, Ind., April 16, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National” or the “Company”) has released its 2023 Environmental, Social and Governance (ESG) Report, which focuses on a ...
Old National Bancorp Announces Schedule for First-Quarter 2024 Earnings Release and Conference Call
EVANSVILLE, Ind., April 04, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National”), the holding company of Old National Bank, today announced the following schedule for its first-quarter 2024 ...
We Remember April 10: Honoring the Victims of Louisville Tragedy
Office closings in Louisville; early office closings at all Old National facilities ‘Walk to Remember' by Old National team members to honor victims and families Blood drive in partnership with the Am...
Old National Announces Completion of Merger with CapStar
Old National Bancorp today announced the closing of its previously-announced merger with Nashville-based CapStar Financial Holdings, Inc., as of April 1.
Regional banking risks are idiosyncratic, says Old National CEO James Ryan
James Ryan, Chairman and CEO of Old National Bancorp, discusses the regional banking landscape.
Old National Bancorp to Present at the 2024 RBC Capital Markets Financial Institutions Conference
EVANSVILLE, Ind., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) today announced that Chairman and Chief Executive Officer Jim Ryan will be presenting at the 2024 RBC Capital Mar...
Old National Bancorp Announces Quarterly Dividends and Stock Repurchase Program
EVANSVILLE, Ind., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (the “Company” or “Old National”) (NASDAQ: ONB) today announced that its Board of Directors declared a quarterly cash dividend ...
Old National Names Thurston as Corporate Banking Executive
EVANSVILLE, Ind., Feb. 13, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bank, a wholly-owned banking subsidiary of Old National Bancorp (“Old National”), has announced the appointment of John...
Old National's 4th Quarter and Record Full-Year Results Supported by Strong Deposit Franchise, Stable Credit Quality and Well-Managed Expenses
EVANSVILLE, Ind., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) reports 4Q23 net income applicable to common shares of $128.4 million, diluted EPS of $0.44; $134.6 million and $...
Old National, NCRC Announce Addendum to Increase Community Growth Plan to $9.5 Billion
EVANSVILLE, Ind., Jan. 18, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”) today announced an addendum to its $8.3 billion Community Growth Plan (“the Plan”), originally...
Proteus Announces Partnership with 1834, a Division of Old National Bank, to Elevate Alternative Investment Offerings
INDIANAPOLIS , Jan. 9, 2024 /PRNewswire/ -- Proteus, a leading alternative investment platform for investment managers, proudly announces its recent selection by 1834, a division of Old National Bank ...
Old National CEO Jim Ryan on hiring trends and job retention in banking
James Ryan, CEO of Old National Bancorp, discusses the hiring landscape in the banking industry.
Old National Bancorp Announces Schedule for Fourth-Quarter and Full-Year 2023 Earnings Release and Conference Call
EVANSVILLE, Ind., Jan. 04, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp, the holding company of Old National Bank, today announced the following schedule for its fourth-quarter and fu...
Old National Names Goldfeder Chief Credit Officer
EVANSVILLE, Ind., Dec. 07, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Carrie Goldfeder, a seasoned credit executive with over 25 years of credit and corporate finance experience across all facets of loa...
Old National Bank Earns 2024 Military Friendly® Employer Designation
EVANSVILLE, Ind., Nov. 13, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bank announced today that it has earned the 2024 Military Friendly® Employer designation, evaluated from both public da...
Old National CEO on the state of regional banking and their new CapStar acquisition
James Ryan, CEO of Old National Bancorp, discusses the state of regional banking, operating in a higher rate environment, and their newly announced acquisition of CapStar Financial.
Old National to Partner with Nashville-based CapStar
EVANSVILLE, Ind. and NASHVILLE, Tenn.