Old National Bancorp (ONB)
| Market Cap | 7.41B |
| Revenue (ttm) | 1.75B |
| Net Income (ttm) | 501.66M |
| Shares Out | 338.02M |
| EPS (ttm) | 1.65 |
| PE Ratio | 13.30 |
| Forward PE | 11.43 |
| Dividend | $0.56 (2.56%) |
| Ex-Dividend Date | Dec 5, 2024 |
| Volume | 914,320 |
| Open | 21.63 |
| Previous Close | 21.66 |
| Day's Range | 21.50 - 21.92 |
| 52-Week Range | 15.36 - 23.76 |
| Beta | 0.86 |
| Analysts | Buy |
| Price Target | 25.00 (+14.05%) |
| Earnings Date | Jan 21, 2025 |
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, Old National Bancorp's revenue was $1.76 billion, an increase of 12.11% compared to the previous year's $1.57 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 $25.0, which is an increase of 14.05% from the latest price.
News
Old National Announces Pricing of Common Stock Offering
EVANSVILLE, Ind., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) (“Old National”) today announced the pricing of an underwritten public offering of 19,047,619 shares of its commo...
Old National to partner with St. Paul, Minn.-based Bremer Financial Corporation
Bremer, with $16.2 billion in total assets, bolsters Old National's presence in the Twin Cities and expands its footprint into several other vibrant Midwestern markets Bremer, with $16.2 billion in to...
Old National Bank Earns 2025 Military Friendly® Employer, Supplier, Brand Designations
EVANSVILLE, Ind., Nov. 22, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”) announced today that it has earned the 2025 Military Friendly® Employer designation, evaluated...
Old National Launches Financial Education Podcast, Videos
EVANSVILLE, Ind., Nov. 13, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”) is expanding upon its long-standing commitment as a leader in the financial education space wi...
Old National Information Security Team Recognized as Top 50 Worldwide by OnCon
EVANSVILLE, Ind., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp's (“Old National”) information security team has been named a Top 50 Information Security Team Award winner in the 2024 OnCon I...
Old National, Axletree Solutions Collaborate for New Level of Secure Transaction Messaging Leveraging Swift
Old National Bank and and Axletree Solutions today announced an innovative collaboration whereby Axletree will host Old National's Swift architecture
Old National Bancorp: Not Enough Here To Buy
Old National Bancorp's revenue rose 6.5% to $486 million, beating estimates, but loan growth remains choppy and deposits are stable at $40.8 billion. Net interest income slightly increased to $397.9 m...
Old National Bancorp (ONB) Q3 2024 Earnings Call Transcript
Old National Bancorp (NASDAQ:ONB) Q3 2024 Results Conference Call October 22, 2024 10:00 AM ET Company Participants Lynell Walton - SVP & Director of Investor Relations Jim Ryan - CEO & Chairman John...
Old National Bancorp Reports Third Quarter 2024 Results
Old National Bancorp (NASDAQ: ONB) reports 3Q24 net income applicable to common shares of $139.8 million, diluted EPS of $0.44; $147.2 million and $0.46 on an adjusted1 basis, respectively.
Old National Bank Recognized as 2024 Leading Disability Employer
EVANSVILLE, Ind., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Honoring National Disability Employment Awareness Month in October, the National Organization on Disability (NOD) named Old National Bank as one of ...
Old National Bancorp: Upgrading To Buy, Earnings Likely To Rebound Soon
Rate cuts will initially have a favorable, and then have a detrimental impact on Old National Bancorp's net interest margin. Organic loan growth will likely be as high as last year's level as strong d...
Old National Bancorp Announces Schedule for Third-Quarter 2024 Earnings Release and Conference Call
EVANSVILLE, Ind., Oct. 08, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”), the holding company of Old National Bank, today announced the following schedule for its thir...
Infosys' Collaboration with Old National is Accelerating the Bank's Operational and Technological Transformation
EVANSVILLE, Indiana , Oct. 8, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and Old National Bank (NASDAQ: ONB)...
Old National Team Members Volunteer a Record 7,600 Hours to 196 Organizations
EVANSVILLE, Ind., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National”) set records for team member volunteer participation, hours, and organizations served during its 3rd annual Be...
Old National to Present at the 2024 Barclays Global Financial Services Conference
EVANSVILLE, Ind., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) announced today that its Chairman and Chief Executive Officer Jim Ryan will present at the 2024 Barclays Global ...
Old National Bancorp Announces Quarterly Dividends
EVANSVILLE, Ind., Aug. 21, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (the “Company” or “Old National”) today announced that its Board of Directors declared a quarterly cash dividen...
Old National Receives Top Score on Disability Workplace Inclusion
EVANSVILLE, Ind., July 24, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”) has received a top score of 100 on the Disability Equality Index®, the world's most comprehens...
Still On The Sidelines With Old National Bancorp
Old National Bancorp stock moved sideways in 2024 and recently surged with the sector and market, but mixed Q2 results keep us neutral. Strong headline earnings with revenue up 2.6%, loan growth due t...
Old National Bancorp (ONB) Q2 2024 Earnings Call Transcript
Old National Bancorp (NASDAQ:ONB) Q2 2024 Results Conference Call July 23, 2024 10:00 AM ET Company Participants Jim Ryan - CEO & Chairman John Moran - EVP, Chief Strategy Officer, Interim CFO & Prin...
Old National Bancorp Reports Second Quarter 2024 Results
EVANSVILLE, Ind., July 23, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) reports 2Q24 net income applicable to common shares of $117.2 million, diluted EPS of $0.37; $144.1 million and $...
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