Old National Bancorp (ONB) Stock Price, News & Analysis

Company Overview

Old National Bancorp (NASDAQ: ONB) is a regional financial services company headquartered in Evansville, Indiana. Through its principal subsidiary, Old National Bank, the company provides banking and financial solutions to individuals, families, businesses and institutions.

Its products and services include checking and savings accounts, commercial and consumer lending, residential mortgages, treasury and cash-management services, trust and investment management, wealth management, and other financial advisory services. Old National serves a broad range of industries, including commercial and industrial businesses, health care, professional services, real estate and nonprofit organizations.

Founded in 1834, Old National has expanded from its Indiana roots through organic growth and acquisitions. Its banking network primarily serves communities across the Midwest, including markets in Indiana, Illinois, Michigan, Minnesota, Wisconsin and Kentucky. The company emphasizes relationship-based banking and combines local market expertise with the resources of a larger regional institution.

Key Stats

• Today's Range: $25.48 to $25.81
• 50-Day Range: $24.42 to $26.04
• 52-Week Range: $19.60 to $27.36
• Volume: 2.28 million shs
• Average Volume: 3.76 million shs
• Market Capitalization: $9.64 billion
• P/E Ratio: 10.41
• Dividend Yield: 2.27%
• Price Target: $29.64
• Consensus Rating: Moderate Buy

Old National Bancorp Stock Analysis - MarketRank™

Old National Bancorp scored higher than 83% of companies evaluated by MarketBeat, and ranked 253rd out of 859 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Old National Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on no strong buy ratings, 12 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

Old National Bancorp has a consensus price target of $29.64, representing about 16.3% upside from its current price of $25.50.

Amount of Analyst Coverage

Old National Bancorp has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.12%

Earnings Growth

Earnings for Old National Bancorp are expected to grow by 10.12% in the coming year, from $2.57 to $2.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Old National Bancorp is 10.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.98.

Price to Earnings Ratio vs. Sector

The P/E ratio of Old National Bancorp is 10.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.16.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.47% of the float of Old National Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Old National Bancorp has a short interest ratio ("days to cover") of 4.77.

Change versus previous month

Short interest in Old National Bancorp has recently increased by 8.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Old National Bancorp pays a meaningful dividend of 2.30%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Old National Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Old National Bancorp is 23.67%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Old National Bancorp will have a dividend payout ratio of 20.49% next year. This indicates that Old National Bancorp will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.91

News Sentiment

Old National Bancorp has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Old National Bancorp this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for ONB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

1 people have added Old National Bancorp to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Old National Bancorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.72% of the stock of Old National Bancorp is held by insiders.

Percentage Held by Institutions

83.66% of the stock of Old National Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Ex-Dividend for 9/15 Dividend: 9/04/2026
• Record date for 9/15 Dividend: 9/05/2026
• Dividend Payable: 9/15/2026
• Last Earnings: 10/21/2026
• Today: 11/03/2026
• Fiscal Year End: 12/31/2026
• Next Earnings (Estimated): 1/20/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:ONB
• CIK: 707179
• Web: www.oldnational.com
• Phone: (812) 464-1434
• Fax: 812-464-1567
• Employees: 4,971
• Year Founded: 1841

Price Target and Rating

• Average Price Target for Old National Bancorp: $29.64
• High Price Target: $32.00
• Low Price Target: $27.00
• Potential Upside/Downside: +16.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.45
• Trailing P/E Ratio: 10.43
• Forward P/E Ratio: 9.03
• P/E Growth: N/A
• Net Income: $669.26 million
• Net Margins: 23.36%
• Pretax Margin: 29.63%
• Return on Equity: 16.55%
• Return on Assets: 1.35%

Debt

• Debt-to-Equity Ratio: 0.95
• Current Ratio: 0.93
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $2.83 billion
• Price / Sales: 3.41
• Cash Flow: $2.16 per share
• Price / Cash Flow: 11.82
• Book Value: ($2.48) per share
• Price / Book: -10.30

Miscellaneous

• Outstanding Shares: 378,258,000
• Free Float: 375,535,000
• Market Cap: $9.67 billion
• Optionable: Optionable
• Beta: 0.86