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

Company Overview

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

Old National Bank offers a range of products and services, including checking and savings accounts, consumer and commercial lending, mortgages, treasury management, wealth management, investment services and personal financial planning. Its business banking activities include commercial real estate financing, corporate banking, equipment finance and other credit solutions.

Founded in 1834, Old National has expanded from its Indiana roots into a broader Midwestern banking franchise. The company serves customers through banking centers and digital channels in markets that include Indiana, Illinois, Michigan, Minnesota, Wisconsin and Kentucky, with a significant presence in the Chicago region. Old National Bancorp is led by President and Chief Executive Officer Jim Ryan.

Key Stats

• Today's Range: $24.65 to $25.05
• 50-Day Range: $24.64 to $27.17
• 52-Week Range: $19.39 to $27.36
• Volume: 4.46 million shs
• Average Volume: 4.58 million shs
• Market Capitalization: $9.51 billion
• P/E Ratio: 11.05
• Dividend Yield: 2.33%
• Price Target: $30.00
• Consensus Rating: Moderate Buy

Old National Bancorp Stock Analysis - MarketRank™

Old National Bancorp scored higher than 80% of companies evaluated by MarketBeat, and ranked 285th out of 839 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: 4.0 / 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 2.79, and is based on no strong buy ratings, 11 buy ratings, 3 hold ratings, and no sell ratings.

Upside Potential

Old National Bancorp has a consensus price target of $29.92, representing about 20.4% upside from its current price of $24.86.

Amount of Analyst Coverage

Old National Bancorp has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.96%

Earnings Growth

Earnings for Old National Bancorp are expected to grow by 9.96% in the coming year, from $2.61 to $2.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Old National Bancorp is 11.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 42.25.

Price to Earnings Ratio vs. Sector

The P/E ratio of Old National Bancorp is 11.05, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.64.

Price to Book Value per Share Ratio

Old National Bancorp has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

5.55% 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 6.18.

Change versus previous month

Short interest in Old National Bancorp has recently increased by 20.49%, 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 2.32%, 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 25.78%. 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 20.21% next year. This indicates that Old National Bancorp will be able to sustain or increase its dividend.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.36

News Sentiment

Old National Bancorp has a news sentiment score of -0.36. 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 lower news sentiment than the 0.60 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.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Old National Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $844,072.00 in 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

• Last Earnings: 7/22/2026
• Ex-Dividend for 9/15 Dividend: 9/04/2026
• Record date for 9/15 Dividend: 9/05/2026
• Dividend Payable: 9/15/2026
• Today: 10/05/2026
• Next Earnings (Estimated): 10/21/2026
• Fiscal Year End: 12/31/2026

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: $29.92
• High Price Target: $32.00
• Low Price Target: $27.00
• Potential Upside/Downside: +20.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.79
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.25
• Trailing P/E Ratio: 11.05
• Forward P/E Ratio: 9.52
• P/E Growth: N/A
• Net Income: $669.26 million
• Net Margins: 21.60%
• Pretax Margin: 27.39%
• Return on Equity: 11.80%
• Return on Assets: 1.34%

Debt

• Debt-to-Equity Ratio: 0.95
• Current Ratio: 0.94
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $3.74 billion
• Price / Sales: 2.55
• Cash Flow: $2.08 per share
• Price / Cash Flow: 11.93
• Book Value: $21.15 per share
• Price / Book: 1.18

Miscellaneous

• Outstanding Shares: 382,570,000
• Free Float: 379,815,000
• Market Cap: $9.51 billion
• Optionable: Optionable
• Beta: 0.86