Inside the research
Old National Bancorp
ONB Research profile · latest available data
Price overview
$25.49
▲ +0.40 (+1.6%)
| 52w hi | $27.14 |
|---|---|
| 52w lo | $19.13 |
| Vol | 4.37M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.21
| Short | +0.01 |
|---|---|
| Medium | +0.22 |
| Long | +0.59 |
computed 2026-09-27
Key fundamentals
Old National Bancorp
Financial Services · Banks - Regional
| Market cap | $9.75B |
|---|---|
| Enterprise value | $16.97B |
| Trailing P/E | 11.28x |
| Forward P/E | 8.82x |
| P / S (ttm) | 3.67x |
| Profit margin | 33.3% |
| Return on equity | 10.6% |
| Revenue growth | +28.8% |
| Earnings growth | +92.9% |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.45 | |
| Sector | +0.02 | |
| Technical | -0.04 | |
| Earnings | +0.00 | |
| Sentiment | +0.11 |
macro × 1.00 · 2026-09-27
Business overview
Old National Bancorp operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States. It accepts deposit accounts, such as noninterest-bearing demand, interest-bearing checking and negotiable order of withdrawal, savings and money market, and time deposits. The company also offers loans, including home equity lines of credit, residential real estate loans, and consumer loans, as well as loans to commercial clients comprising commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing. In addition, it offers debit and automated teller machine cards, telephone access and online banking, and other electronic and mobile banking services. Further, the company offers private banking, wealth management, trust, investment advisory, brokerage, and foreign currency services; treasury management, merchant, and capital markets services for businesses; and community development lending and equity investment solutions. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.
Risk Metrics
| Beta vs SPX | 1.18 |
|---|---|
| Corr SPX | 0.60 |
| Annual vol | 31.4% |
| Annual ret | +19.5% |
| Sharpe | 0.62 |
| Max DD | -26.6% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $27.91 |
|---|---|
| High / Low | $30.00 / $25.00 |
| Median | $28.00 |
| Analysts | 11 |
| Strong Buy | 3 | |
|---|---|---|
| Buy | 5 | |
| Hold | 3 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-23 | Truist Securities | → Buy |
| 2026-04-23 | Stephens & Co. | → Overweight |
| 2026-04-23 | Keefe, Bruyette & Woods | → Outperform |
| 2026-04-22 | Jefferies | → Hold |
| 2026-04-07 | Barclays | → Overweight |
| 2026-02-24 | Citigroup | → Buy |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-12 | Other Material Event, Exhibits | read |
| 2026-08-05 | Reg FD Disclosure, Exhibits | read |
| 2026-07-22 | Earnings Release, Exhibits | read |
| 2026-05-18 | Shareholder Vote | read |
| 2026-05-13 | Other Material Event, Exhibits | read |
| 2026-05-06 | Reg FD Disclosure, Exhibits | read |
| 2026-04-22 | Earnings Release, Exhibits | read |
| 2026-02-19 | Officer / Director Change, Bylaws Amendment… | read |
| 2026-02-09 | Reg FD Disclosure, Exhibits | read |
| 2026-01-29 | Material Agreement, Material Obligation… | read |
| 2026-01-22 | Other Material Event, Exhibits | read |
| 2026-01-21 | Earnings Release, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-01 | BURKE TIMOTHY M JR | PRESIDENT, CHIEF OPERATIN | Withheld for tax | 2.33K | $62.20K |
| 2026-07-30 | ALAHMAR CHADY M. | CEO, WEALTH MANAGEMENT | Sell | 11.77K | $310.84K |
| 2026-07-28 | Chulos Nicholas J | Chief Legal Officer & Cor | Sell | 20.00K | $533.19K |
| 2026-06-30 | Ryan James C III | CHAIRMAN AND CEO | J | 24 | $591 |
| 2026-06-30 | ALAHMAR CHADY M. | CEO, WEALTH MANAGEMENT | J | 73 | $1.80K |
| 2026-06-30 | Evernham Scott J | CHIEF RISK OFFICER | J | 37 | $910 |
| 2026-03-31 | Ryan James C III | CHAIRMAN AND CEO | J | 29 | $609 |
| 2026-03-31 | Evernham Scott J | CHIEF RISK OFFICER | J | 43 | $903 |
| 2026-03-31 | ALAHMAR CHADY M. | CEO, WEALTH MANAGEMENT | J | 86 | $1.81K |
Flow & Concentration
| Insider 180d net | -$844.04K |
|---|---|
| Insider buys / sells | 0 / 2 |
| Insider bias | Neutral |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
Dividends
| Yield (TTM) | 1.12% |
|---|---|
| $ / share (TTM) | $0.29 |
| 5y CAGR | +0.0% |
Annual dividend per share
| 2021 | $0.56 |
|---|---|
| 2022 | $0.56 |
| 2023 | $0.56 |
| 2024 | $0.56 |
| 2025 | $0.56 |
| 2026 | $0.14 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $130.80M | +2.2% | |
| Net income | $539.19M | +15.5% | |
| Cash from ops | $622.28M | +28.3% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $25.21 | $25.57 | $25.19 | $25.49 | 4.37M |
| Sep 24 | $24.86 | $25.15 | $24.69 | $25.09 | 3.98M |
| Sep 23 | $24.98 | $25.15 | $24.72 | $24.74 | 5.33M |
| Sep 22 | $25.38 | $25.45 | $25.00 | $25.03 | 4.31M |
| Sep 21 | $25.42 | $25.47 | $25.22 | $25.25 | 3.34M |
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