Old National Bancorp (ONB)

NASDAQ: ONB · IEX Real-Time Price · USD
17.84
+0.16 (0.90%)
Aug 12, 2022 11:50 AM EDT - Market open
0.90%
Market Cap 5.23B
Revenue (ttm) 1.02B
Net Income (ttm) 209.28M
Shares Out 292.89M
EPS (ttm) 1.08
PE Ratio 16.52
Forward PE 9.59
Dividend $0.56 (3.14%)
Ex-Dividend Date May 31, 2022
Volume 240,663
Open 17.86
Previous Close 17.68
Day's Range 17.72 - 17.87
52-Week Range 14.22 - 20.81
Beta 0.85
Analysts Buy
Price Target 21.25 (+19.1%)
Earnings Date Jul 26, 2022

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, letters of credit, and lease financing. The com... [Read more...]

Industry Banks
Founded 1834
CEO James Ryan
Employees 4,196
Stock Exchange NASDAQ
Ticker Symbol ONB
Full Company Profile

Financial Performance

In 2021, ONB's revenue was $839.43 million, an increase of 5.33% compared to the previous year's $796.97 million. Earnings were $277.54 million, an increase of 22.58%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for ONB stock is "Buy." The 12-month stock price forecast is 21.25, which is an increase of 19.11% from the latest price.

Price Target
$21.25
(19.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Top Performing J.P. Morgan Fund's Shrewd Inflation Solution

This fund from J.P. Morgan has topped the broad market this year.

Here's Why Old National Bancorp (ONB) is a Great Momentum Stock to Buy

Does Old National Bancorp (ONB) have what it takes to be a top stock pick for momentum investors? Let's find out.

ONB names Rafael A. Sanchez to new executive leadership role to help support and advance underrepresented communities

INDIANAPOLIS, July 26, 2022 (GLOBE NEWSWIRE) -- Old National Bank is pleased to name Rafael A. Sanchez as EVP, Chief Impact Officer. In this critical new executive leadership position, Sanchez will deve...

Old National Bancorp (ONB) Beats Q2 Earnings and Revenue Estimates

Old National Bancorp (ONB) delivered earnings and revenue surprises of 17.95% and 9.83%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Old National's Strong 2nd Quarter Driven by Robust Commercial Loan Growth and Net Interest Margin Expansion

EVANSVILLE, Ind., July 26, 2022 (GLOBE NEWSWIRE) --   CEO COMMENTARY:

Earnings Preview: Old National Bancorp (ONB) Q2 Earnings Expected to Decline

Old National Bancorp (ONB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Wall Street Analysts Think Old National Bancorp (ONB) Could Surge 32%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 31.8% in Old National Bancorp (ONB). While the effectiveness of this highly sought-after metric is questionable, ...

Old National Bancorp Announces Schedule for Second-Quarter 2022 Earnings Release and Conference Call

EVANSVILLE, Ind., July 11, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, today announced the following schedule for its second-quarter 2022 earni...

UMB Healthcare Services Announces Agreement to Acquire HSA Business from Old National Bank

KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Bank, n.a., a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), is pleased to announce the execution of a definitive agreement to acquire the health savings ...

Other symbols: UMBF

Down 7% in 4 Weeks, Here's Why You Should You Buy the Dip in Old National Bancorp (ONB)

The heavy selling pressure might have exhausted for Old National Bancorp (ONB) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street a...

Old National Bancorp Announces Quarterly Dividends

EVANSVILLE, Ind., May 18, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National”) (NASDAQ: ONB) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share o...

Old National Appoints Six Market Presidents Across Illinois

EVANSVILLE, Ind., May 03, 2022 (GLOBE NEWSWIRE) -- Old National Bank (NASDAQ: ONB) today announced it has appointed six Market Presidents across its Illinois footprint:

Old National Bancorp (ONB) Beats Q1 Earnings and Revenue Estimates

Old National Bancorp (ONB) delivered earnings and revenue surprises of 17.65% and 7.87%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Old National's 1st Quarter Driven by Transformative Merger with First Midwest and Strong Commercial Loan Growth

EVANSVILLE, Ind., April 26, 2022 (GLOBE NEWSWIRE) -- Reflective of the CECL Day 1 provision expense and merger related expenses, all as expected,  Old National Bancorp (NASDAQ: ONB) reports 1Q22 net los...

Old National Bancorp Announces Schedule for First-Quarter 2022 Earnings Release and Conference Call

EVANSVILLE, Ind., April 12, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, today announced the following schedule for its first-quarter 2022 earni...

Old National Releases 2021 ESG Report, Highlighting Commitment to Corporate Social Responsibility

EVANSVILLE, Ind., April 11, 2022 (GLOBE NEWSWIRE) -- Old National Bank (NASDAQ: ONB) today announced it has released its 2021 Environmental, Social and Governance (ESG) Report, which focuses on a wide r...

Old National Bancorp Announces Preferred Stock Quarterly Cash Dividend

EVANSVILLE, Ind., March 23, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National”) (NASDAQ: ONB) today announced that its Board of Directors declared a quarterly cash dividend of $17.50 per shar...

Old National Named One of the 2022 World's Most Ethical Companies by Ethisphere for 11th Consecutive Year

EVANSVILLE, Ind. and CHICAGO, March 15, 2022 (GLOBE NEWSWIRE) -- Old National Bank (NASDAQ: ONB) today announced it has been recognized by the Ethisphere Institute, a global leader in defining and advan...

Old National Bank Expands Footprint into Kansas City

KANSAS CITY, Mo., March 10, 2022 (GLOBE NEWSWIRE) -- Old National Bank today announced it is expanding its footprint west of the Mississippi River by opening a Commercial Banking office in the greater K...

Old National Bancorp to Present at the 2022 RBC Capital Markets Financial Institutions Conference

EVANSVILLE, Ind., March 07, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) today announced that its Chief Executive Officer Jim Ryan will be participating virtually in a bank mergers and ac...

Old National Bancorp Announces Stock Repurchase Program

EVANSVILLE, Ind., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp (the “Company” or “Old National”) (NASDAQ: ONB) announced today that its Board of Directors approved a stock repurchase program t...

Old National and First Midwest Complete Merger of Equals

EVANSVILLE, Ind. and CHICAGO, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National”) (NASDAQ: ONB) and First Midwest Bancorp, Inc. (“First Midwest”) jointly announced today they have co...

Old National Bancorp Set to Join S&P MidCap 400; Urban Edge Properties & Corsair Gaming to Join S&P SmallCap 600

NEW YORK, Feb. 15, 2022 /PRNewswire/ -- S&P SmallCap 600 constituent Old National Bancorp (NASD:ONB) will replace Urban Edge Properties (NYSE:UE) in the S&P MidCap 400, Urban Edge Properties will replac...

Other symbols: CRSRUE

Old National Announces $8.3B Community Benefits Agreement to Strengthen Small Businesses and Minority and Underserved...

EVANSVILLE, Ind., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National”) (NASDAQ: ONB) today announced a $8.3 billion Community Growth Plan (“Plan”) that builds on its long-standing com...

Old National (ONB), First Midwest (FMBI) Merger Gets Fed Nod

Old National (ONB), First Midwest (FMBI) merger receives the Fed's approval. This will expand the combined companies' commercial banking capabilities, retail footprint and wealth platform.