Old National Bancorp (ONB)

NASDAQ: ONB · IEX Real-Time Price · USD
15.78
-0.12 (-0.75%)
Jun 14, 2024, 4:00 PM EDT - Market closed
-0.75%
Market Cap 5.03B
Revenue (ttm) 1.75B
Net Income (ttm) 539.54M
Shares Out 318.97M
EPS (ttm) 1.85
PE Ratio 8.53
Forward PE 8.29
Dividend $0.56 (3.55%)
Ex-Dividend Date Jun 5, 2024
Volume 993,118
Open 15.71
Previous Close 15.90
Day's Range 15.64 - 15.85
52-Week Range 12.36 - 17.82
Beta 0.83
Analysts Buy
Price Target 18.86 (+19.52%)
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]

Sector Financials
Founded 1834
Employees 3,940
Stock Exchange NASDAQ
Ticker Symbol ONB
Full Company Profile

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 Statements

Analyst Forecast

According to 7 analysts, the average rating for ONB stock is "Buy." The 12-month stock price forecast is $18.86, which is an increase of 19.52% from the latest price.

Price Target
$18.86
(19.52% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

Other symbols: FNBFRMEFULTPGCWAFD
4 days ago - Market Watch

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...

Other symbols: FNBFRMEFULTPGCWAFD
8 days ago - Investopedia

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.

Other symbols: FNBFRMEFULTPGCWAFD
8 days ago - Market Watch

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

4 weeks ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

Old National's Boudreau, Rubocki Receive National Military Friendly® Award Honors

Boudreau (Madison, Wisc., office) receives Employee Veteran Leadership award Rubocki (Joliet, Ill.

5 weeks ago - GlobeNewsWire

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 ...

7 weeks ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire

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.

3 months ago - CNBC Television

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...

3 months ago - GlobeNewsWire

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 ...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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 $...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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 ...

5 months ago - PRNewsWire

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.

5 months ago - CNBC Television

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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.

8 months ago - CNBC Television

Old National to Partner with Nashville-based CapStar

EVANSVILLE, Ind. and NASHVILLE, Tenn.

8 months ago - GlobeNewsWire

Old National Names Wicklander Senior Director of New Financial Institutions Group

CHICAGO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- ( NASDAQ: ONB) – Joe Wicklander has joined Old National Bank as Senior Director of a newly created Financial Institutions Group. In this new role, Wicklander...

8 months ago - GlobeNewsWire