Old National Bancorp (ONB)
Market Cap | 3.80B |
Revenue (ttm) | 1.83B |
Net Income (ttm) | 586.34M |
Shares Out | 292.60M |
EPS (ttm) | 2.04 |
PE Ratio | 6.43 |
Forward PE | 7.74 |
Dividend | $0.56 (4.31%) |
Ex-Dividend Date | May 31, 2023 |
Volume | 940,039 |
Open | 13.36 |
Previous Close | 13.41 |
Day's Range | 12.91 - 13.39 |
52-Week Range | 11.66 - 20.19 |
Beta | 0.81 |
Analysts | Buy |
Price Target | 18.00 (+38.62%) |
Earnings Date | Jul 25, 2023 |
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]
Financial Performance
In 2022, ONB's revenue was $1.58 billion, an increase of 88.39% compared to the previous year's $840.24 million. Earnings were $414.17 million, an increase of 49.23%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for ONB stock is "Buy." The 12-month stock price forecast is $18.0, which is an increase of 38.62% from the latest price.
News

Old National Announces Downtown Louisville Relocation
Business operations, retail banking center to move to 400 West Market Street Business operations, retail banking center to move to 400 West Market Street

Old National Bank donates $500,000 in Choose Your Charity giveaway
98 nonprofit organizations in Illinois, Northwest Indiana, Iowa, and Southeast Wisconsin communities each receive $5,000. 98 nonprofit organizations in Illinois, Northwest Indiana, Iowa, and Southeast...

Old National Bancorp Announces Quarterly Dividends
EVANSVILLE, Ind., May 10, 2023 (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 1st Quarter Results Supported by Strong Deposit Franchise, Ample Liquidity, Stable Credit and Expense Discipline
EVANSVILLE, Ind., April 25, 2023 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) reports 1Q23 net income applicable to common shares of $142.6 million, diluted EPS of $0.49; $159.1 million and ...

Old National announces $1 million in donations following Louisville tragedy
LOUISVILLE, Ky., April 24, 2023 (GLOBE NEWSWIRE) -- Today, Old National announced $1 million in total donations in response to the tragic April 10 event at its downtown Louisville location. $600,000 o...

Statement Regarding Tragedy in Louisville, Kentucky
EVANSVILLE, Ind., April 10, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) Updated statement for media regarding today's Louisville tragedy: “There are no words to adequately describe the sadness and devastat...

Old National Bancorp Announces Schedule for First-Quarter 2023 Earnings Release and Conference Call
EVANSVILLE, Ind., April 05, 2023 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, today announced the following schedule for its first-quarter 2023 ear...

Old National Releases 2022 ESG Report, Highlighting Commitment to Clients, Community and Team Members
EVANSVILLE, Ind., April 03, 2023 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National” or the “Company”) today released its 2022 Environmental, Social and Governance (ESG) Report, which focuses on ...

Old National ranked 6th in financial performance of U.S. public banks by S&P Global Market Intelligence
EVANSVILLE, Ind., March 27, 2023 (GLOBE NEWSWIRE) -- Old National Bancorp was ranked 6th in financial performance out of all U.S. public banks with greater than $10 billion in total assets by S&P Glob...

10 bank stocks that look cheap based on this valuation method — First Republic heads the list
No investor is surprised that the banking crisis has sent industry stocks tumbling, but following a two-day rally, it is time to take a closer look at bank valuations to consider which stocks may soar...
Exclusive: Old National Bank CEO on the SVB fallout's impact on regional banks
Old National Bank CEO Jim Ryan discusses how his bank is doing in the wake of the Silicon Valley Bank collapse.

Old National Bank Commits $500,000 to Nonprofits Chosen by the Community
CHICAGO, March 13, 2023 (GLOBE NEWSWIRE) -- Today Old National Bank launched its Choose Your Charity campaign, which gives participating communities the opportunity to award local nonprofits with as m...

Bank analysts reshuffle ratings in response to seismic shifts in industry
With the demise of Silicon Valley Bank and Signature Bank and Monday's sharp drop in shares of First Republic Bank, analysts are reshuffling their ratings on bank stocks.

Old National introduces Empowerment Small Business Loan Program to address systemic inequities in capital access
EVANSVILLE, Ind., March 09, 2023 (GLOBE NEWSWIRE) -- In order to expand credit to underserved communities and address systemic inequities in capital access, Old National Bank has created a new Empower...

Old National Bank expands into Metro Detroit market
EVANSVILLE, Ind., March 09, 2023 (GLOBE NEWSWIRE) -- Old National is expanding into the Metro Detroit market. Old National has secured office space in the Liberty Center building in Troy, Mich., which...

Old National Bancorp Announces Quarterly Dividends and Stock Repurchase Program
EVANSVILLE, Ind., Feb. 22, 2023 (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 Named to 2023 Bloomberg Gender-Equality Index
EVANSVILLE, Ind., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Old National Bancorp is pleased to announce that it is a member of the 2023 Bloomberg Gender-Equality Index (GEI) for the third consecutive year, Th...

Old National Reports 43% EPS Growth from 3Q22, 10% on an Adjusted Basis¹, Driven by Commercial Loan Growth, Net Interest Margin Expansion and Expense Discipline
EVANSVILLE, Ind., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) reports 4Q22 net income applicable to common shares of $196.7 million, diluted EPS of $0.67; $164.3 million and $...

Old National Debuts Enhanced Wealth Management Business for High Net-Worth Individuals and Institutions
EVANSVILLE, Ind., Jan. 18, 2023 (GLOBE NEWSWIRE) -- To better meet the diverse, often complex financial and wealth advisory needs of high-net-worth individuals and institutions, Old National today unv...

Old National Bancorp Announces Schedule for Fourth-Quarter and Full-Year 2022 Earnings Release and Conference Call
EVANSVILLE, Ind., Jan. 13, 2023 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, today announced the following schedule for its fourth-quarter 2022 ear...

Old National Bancorp to Ring Nasdaq Closing Bell to Commemorate Merger of Equals
EVANSVILLE, Ind., Oct. 31, 2022 (GLOBE NEWSWIRE) -- On November 1, 2022, the Old National Bancorp (“Old National”) Board of Directors, along with a team of executive leaders, will accompany CEO Jim Ry...

Old National Reports 24% EPS Growth from 2Q22, 11% on an Adjusted Basis(1), Driven by Robust Commercial Loan Growth and Net Interest Margin Expansion
EVANSVILLE, Ind., Oct. 25, 2022 (GLOBE NEWSWIRE) -- CEO COMMENTARY:

Old National Named a Best Place to Work for Disability Inclusion
EVANSVILLE, Ind., Oct. 24, 2022 (GLOBE NEWSWIRE) -- Old National Bank was again named a “Best Place to Work for Disability Inclusion” by the American Association of People with Disabilities (AAPD) and...

Old National Bancorp Announces Schedule for Third-Quarter 2022 Earnings Release and Conference Call
EVANSVILLE, Ind., Oct. 05, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, today announced the following schedule for its third-quarter 2022 earn...

Old National Celebrates First Better Together Volunteer Event
Chicago Market supports 18 organizations with 300 ONB volunteers Chicago Market supports 18 organizations with 300 ONB volunteers