Old National Bancorp (ONB) to Release Earnings on Wednesday

Key Points

• Old National Bancorp will report Q1 2026 results before the market opens on April 22, 2026; analysts expect $0.61 EPS and about $706.62M in revenue.
• The company announced a quarterly dividend of $0.145 (annualized $0.58, ~2.5% yield), with an ex-dividend date of May 5 and payment on May 16.
• Analysts maintain a “Moderate Buy” consensus and a $27.50 average price target after several firms raised their forecasts.

Old National Bancorp (NASDAQ:ONB - Get Free Report) will likely be posting its Q1 2026 results before the market opens on Wednesday, April 22nd. Analysts expect Old National Bancorp to post earnings of $0.61 per share and revenue of $706.6220 million for the quarter. Interested persons may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Wednesday, April 22, 2026 at 10:00 AM ET.

Old National Bancorp (NASDAQ:ONB - Get Free Report) last released its quarterly earnings results on Wednesday, January 21st. The bank reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.03. Old National Bancorp had a net margin of 17.91% and a return on equity of 10.75%. The business had revenue of $698.53 million for the quarter, compared to analyst estimates of $705.62 million. During the same period last year, the firm earned $0.49 earnings per share. On average, analysts expect Old National Bancorp to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Old National Bancorp Price Performance

ONB stock opened at $23.44 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.86. Old National Bancorp has a 12 month low of $18.83 and a 12 month high of $26.17. The firm has a market cap of $9.06 billion, a P/E ratio of 13.10 and a beta of 0.83. The company's 50-day moving average price is $23.20 and its two-hundred day moving average price is $22.48.

Old National Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, May 16th. Shareholders of record on Tuesday, May 5th will be issued a $0.145 dividend. This represents a $0.58 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, May 5th. Old National Bancorp's dividend payout ratio (DPR) is currently 32.40%.

Analysts Set New Price Targets

Several equities analysts have commented on ONB shares. Truist Financial raised their target price on shares of Old National Bancorp from $26.00 to $27.00 and gave the company a "buy" rating in a report on Monday, January 26th. UBS Group restated a "neutral" rating and issued a $26.00 price target on shares of Old National Bancorp in a research note on Wednesday, February 4th. Citigroup raised their price target on shares of Old National Bancorp from $28.00 to $29.00 and gave the company a "buy" rating in a research note on Tuesday, February 24th. Royal Bank Of Canada raised their price target on shares of Old National Bancorp from $25.00 to $26.00 and gave the company a "sector perform" rating in a research note on Thursday, January 22nd. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Old National Bancorp in a research report on Monday, December 29th. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $27.50.

Insider Transactions at Old National Bancorp

In other Old National Bancorp news, insider Nicholas J. Chulos sold 30,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $25.05, for a total transaction of $751,500.00. Following the completion of the transaction, the insider owned 20,438 shares in the company, valued at approximately $511,971.90. This trade represents a 59.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.72% of the company's stock.

Institutional Trading of Old National Bancorp

Several hedge funds have recently modified their holdings of the stock. Morgan Stanley increased its stake in Old National Bancorp by 69.8% during the 4th quarter. Morgan Stanley now owns 6,776,716 shares of the bank's stock valued at $151,189,000 after purchasing an additional 2,785,474 shares in the last quarter. First Trust Advisors LP increased its stake in Old National Bancorp by 37.5% during the 4th quarter. First Trust Advisors LP now owns 7,188,766 shares of the bank's stock valued at $160,381,000 after purchasing an additional 1,961,525 shares in the last quarter. Balyasny Asset Management L.P. increased its stake in Old National Bancorp by 2,942.4% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,743,757 shares of the bank's stock valued at $38,903,000 after purchasing an additional 1,686,442 shares in the last quarter. Verition Fund Management LLC increased its stake in Old National Bancorp by 51.3% during the 3rd quarter. Verition Fund Management LLC now owns 3,156,744 shares of the bank's stock valued at $69,291,000 after purchasing an additional 1,070,282 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in Old National Bancorp during the 4th quarter valued at $22,977,000. Institutional investors own 83.66% of the company's stock.

About Old National Bancorp

Old National Bancorp NASDAQ: ONB is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.

In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.

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