Old National Bancorp

Old National Bancorp

ONB
Old National BancorpUS flagNASDAQ Global Select
26.04
USD
+0.06
- -
9.96BMarket Cap
Old National Bancorp
ONB
(NASDAQ Global Select)

Recent

price

26.04

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.41
4.77
5.13
4.98
5.65
5.04
4.75
4.45
4.62
4.67
5.05
4.91
6.28
6.32
6.09
6.94
7.31
Revenue per Share
0.44
0.77
0.95
1
1.03
1.01
1.05
0.69
1.23
1.39
1.37
1.68
1.51
1.95
1.69
1.8
2.25
Basic EPS, GAAP
1.02
1.39
0.99
1.46
1.78
0.33
-1.56
1.54
1.29
1.14
1.14
1.71
2.82
1.64
1.91
1.75
2.43
Free Cash Flow per Basic Share
0.28
0.28
0.36
0.4
0.48
0.48
0.53
0.53
0.53
0.52
0.56
0.56
0.65
0.62
0.62
0.62
0.61
Dividend per Share
10.08
10.92
11.81
11.64
12.54
13.05
13.42
14.17
15.36
16.82
17.98
18.16
16.72
18.22
19.15
21.21
21.84
Book Value per Share
7.85
7.89
8.17
7.85
7.67
7.53
8.11
8.21
8.86
10.35
11.43
11.7
9.47
11.04
11.96
13.75
14.35
Tangible Book Value per Share
87
94
96
101
101
116
128
138
156
172
166
165
275
291
309
364
386
Basic Weighted Avg Shares
385
451
495
502
569
584
606
614
719
804
835
811
1,728
1,836
1,885
2,524
2,823
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
15
19
19
19
21
26
29
34
38
44
43
39
62
62
66
124
151
Depreciation Expense
38
72
92
101
104
117
134
96
191
238
226
278
428
582
539
669
886
Net Income, GAAP
12.11
27.37
28.26
29.19
26.98
28.35
33.01
43.25
8.55
17.96
11.41
18.1
21.38
22.54
20.76
20.46
21.12
Effective Tax Rate (%)
9.94
16.08
18.52
20.12
18.23
19.99
22.15
15.59
26.54
29.64
27.1
34.24
24.79
31.69
28.6
26.51
31.39
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
422
241
187
506
869
1,242
1,572
1,858
1,861
2,166
2,331
2,259
4,572
5,046
5,142
7,090
7,908
LT Debt
879
1,034
1,195
1,163
1,466
1,491
1,814
2,154
2,690
2,852
2,973
3,012
5,129
5,563
6,340
8,495
8,584
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
4.44
7.58
8.23
8.56
7.89
7.89
8.12
4.82
7.88
8.6
7.77
9.27
10.47
11.06
9.14
9.09
10.71
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
7,064
7,336
7,888
LT Finance Leases
26
22
20
Preferred Equity and Hybrid Capital
230
230
230
Shares Outstanding
390
386
383
Market Capitalization
8,693
8,538
9,908

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
2,279
2,368
1,984
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.35%
25.6%
33.98%
Free Cash Flow
-62.49%
43.57%
7.67%
Net Income, GAAP
23.51%
25.91%
24.12%
Sales/Revenue/Turnover
19.1%
30.61%
33.89%
Total Cash Common Dividend
15.75%
20.49%
19.4%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
434
476
486
490
1,885
2025
481
647
705
691
2,524
2026
695
733
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.4
0.37
0.44
0.47
1.69
2025
0.45
0.34
0.46
0.55
1.8
2026
0.6
0.65
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.15
0.15
0.15
0.62
2025
0.15
0.16
0.15
0.15
0.62
2026
0.16
0.16
- -
- -
- -
Business
Old National Bancorp (NASDAQ: ONB), founded in 1834 and headquartered in Evansville, Indiana, operates as the holding company for Old National Bank, the sixth-largest commercial bank headquartered in the Midwest with approximately $71 billion in assets and $38 billion in assets under management. The company provides a comprehensive range of financial services, including retail banking products such as checking and savings accounts, mortgages, home equity lines of credit, personal loans and credit cards; commercial banking services comprising commercial loans, commercial real estate loans, agricultural loans, letters of credit, lease financing, treasury management and equipment financing; wealth management offerings encompassing financial planning, investment management, trust and estate services and retirement planning; as well as capital markets, brokerage and insurance solutions including property and casualty, life and health insurance and employee benefits. Old National Bancorp serves individual, small to mid-sized business, large corporate and institutional clients across the Midwest and Southeast, with operations spanning Indiana, Kentucky, Michigan, Wisconsin, Minnesota, Illinois, North Dakota and Tennessee through an extensive branch network. In recent developments, the company completed its transformative partnership with Bremer Financial Corp. in May 2025, adding $11.1 billion in loans and $12.86 billion in deposits and increasing its five-year Community Growth Plan commitments to $11.1 billion; it also integrated the April 2024 acquisition of CapStar Financial Holdings, bolstering its presence in Nashville and supporting ongoing balance sheet expansion and digital transformation initiatives.

Company News

  • Deutsche Bank AG Makes New $9.46 Million Investment in Old National Bancorp $ONB

  • Algebris UK Ltd. Acquires New Stake in Old National Bancorp $ONB

  • This CEF Is Tapping Private Credit Worries For 6.4% Payouts

  • Old National Bancorp Announces Quarterly Dividends

  • Bank of America Corp DE Buys 102,956 Shares of Old National Bancorp $ONB

  • California State Teachers Retirement System Increases Position in Old National Bancorp $ONB

  • Old National Bancorp: Compounder Mispriced As An M&A Story

  • Brokerages Set Old National Bancorp (NASDAQ:ONB) Price Target at $28.73

  • Old National Bancorp Q2 Earnings Call Highlights

  • Old National Bancorp Continues To Grind Out Gains

  • Old National Bancorp (ONB) Q2 2026 Earnings Call Transcript

  • Old National Bancorp Q2 Earnings Call Highlights

  • Old National Bancorp (ONB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

  • Old National Bancorp (ONB) Surpasses Q2 Earnings and Revenue Estimates

  • Old National Bancorp Reports Record Second Quarter 2026 Results; Announces Enhanced Executive Leadership Structure

  • Old National Bancorp $ONB Shares Sold by Bank of New York Mellon Corp

  • Old National Bancorp (ONB) Earnings Expected to Grow: Should You Buy?

  • Old National Bank Foundation celebrates 20 years, $40+ million in Community Impact

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

  • Old National Named to Points of Light ‘The Civic 50' for 2026; Recognized as Financials Sector Leader