Old National Bancorp Company Profile (NASDAQ:ONB)

About Old National Bancorp (NASDAQ:ONB)

Old National Bancorp logoOld National Bancorp is a financial holding company. The Company, through its banking subsidiary, provides a range of services, including commercial and consumer loan and depository services, private banking, brokerage, trust, investment advisory and other traditional banking services. The Company focuses on community banking. The Company's banking segment operates through its subsidiary, Old National Bank. As of December 31, 2016, Old National Bank operated approximately 203 banking centers located in Indiana, Kentucky, Michigan and Wisconsin. As of December 31, 2016, Old National Bank leased 81 banking centers from unaffiliated third parties. Each of the branches of Old National Bank provide a group of similar community banking services, including products and services, such as commercial, real estate and consumer loans, time deposits, checking and savings accounts, cash management, brokerage, trust and investment advisory services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Midwest Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:ONB
  • CUSIP: 68003310
  • Web: www.oldnational.com
Capitalization:
  • Market Cap: $2.21 billion
  • Outstanding Shares: 135,434,000
Average Prices:
  • 50 Day Moving Avg: $16.77
  • 200 Day Moving Avg: $17.43
  • 52 Week Range: $11.58 - $18.95
P/E:
  • Trailing P/E Ratio: 15.158
  • Foreward P/E Ratio: 14.60
  • P/E Growth: 1.950
Sales & Book Value:
  • Annual Revenue: $667.94 million
  • Price / Sales: 3.32
  • Book Value: $13.63 per share
  • Price / Book: 1.20
Dividend:
  • Annual Dividend: $0.52
  • Dividend Yield: 3.2%
Profitability:
  • Net Margins: 19.18%
  • Return on Equity: 7.68%
  • Return on Assets: 0.96%
Debt:
  • Debt-to-Equity Ratio: 0.87%
  • Current Ratio: 0.81%
  • Quick Ratio: 0.80%
Misc:
  • Average Volume: 874,934 shs.
  • Beta: 1.16
  • Short Ratio: 8.89
 

Frequently Asked Questions for Old National Bancorp (NASDAQ:ONB)

What is Old National Bancorp's stock symbol?

Old National Bancorp trades on the NASDAQ under the ticker symbol "ONB."

How often does Old National Bancorp pay dividends? What is the dividend yield for Old National Bancorp?

Old National Bancorp declared a quarterly dividend on Friday, April 28th. Stockholders of record on Thursday, June 1st will be paid a dividend of $0.13 per share on Thursday, June 15th. This represents a $0.52 annualized dividend and a dividend yield of 3.18%. The ex-dividend date of this dividend is Tuesday, May 30th. View Old National Bancorp's Dividend History.

How were Old National Bancorp's earnings last quarter?

Old National Bancorp (NASDAQ:ONB) announced its quarterly earnings data on Tuesday, April, 25th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.04. The firm had revenue of $148.72 million for the quarter, compared to analysts' expectations of $152.43 million. Old National Bancorp had a return on equity of 7.68% and a net margin of 19.18%. During the same period in the previous year, the firm posted $0.25 earnings per share. View Old National Bancorp's Earnings History.

When will Old National Bancorp make its next earnings announcement?

Old National Bancorp is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for Old National Bancorp.

Where is Old National Bancorp's stock going? Where will Old National Bancorp's stock price be in 2017?

7 brokers have issued twelve-month price objectives for Old National Bancorp's shares. Their forecasts range from $13.50 to $19.00. On average, they expect Old National Bancorp's share price to reach $15.92 in the next year. View Analyst Ratings for Old National Bancorp.

Who are some of Old National Bancorp's key competitors?

Who owns Old National Bancorp stock?

Old National Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.36%), Vanguard Group Inc. (9.20%), Dimensional Fund Advisors LP (7.94%), State Street Corp (4.05%), Bank of New York Mellon Corp (2.24%) and Macquarie Group Ltd. (1.53%). Company insiders that own Old National Bancorp stock include Christopher A Wolking, Daryl D Moore, James A Sandgren, James T Morris, Kendra L Vanzo, Niel C Ellerbrook, Randall T Shepard, Rebecca S Skillman and Robert G Jones. View Institutional Ownership Trends for Old National Bancorp.

Who sold Old National Bancorp stock? Who is selling Old National Bancorp stock?

Old National Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Private Management Group Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., Prudential Financial Inc., Morgan Stanley, James Investment Research Inc., First Trust Advisors LP and Deprince Race & Zollo Inc.. Company insiders that have sold Old National Bancorp stock in the last year include Christopher A Wolking, Daryl D Moore and Robert G Jones. View Insider Buying and Selling for Old National Bancorp.

Who bought Old National Bancorp stock? Who is buying Old National Bancorp stock?

Old National Bancorp's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, Vanguard Group Inc., Dimensional Fund Advisors LP, State Street Corp, Macquarie Group Ltd., WBI Investments Inc. and Bank of America Corp DE. Company insiders that have bought Old National Bancorp stock in the last two years include James A Sandgren, James T Morris, Kendra L Vanzo, Niel C Ellerbrook, Randall T Shepard, Rebecca S Skillman and Robert G Jones. View Insider Buying and Selling for Old National Bancorp.

How do I buy Old National Bancorp stock?

Shares of Old National Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Old National Bancorp stock cost?

One share of Old National Bancorp stock can currently be purchased for approximately $16.35.

Analyst Ratings

Consensus Ratings for Old National Bancorp (NASDAQ:ONB) (?)
Ratings Breakdown: 7 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $15.92 (2.65% downside)

Analysts' Ratings History for Old National Bancorp (NASDAQ:ONB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Jefferies Group LLCReiterated RatingHold$18.00LowView Rating Details
4/27/2017Hilliard LyonsUpgradeUnderperform -> Neutral$17.00 -> $17.50LowView Rating Details
4/4/2017Royal Bank of CanadaReiterated RatingHold$19.00MediumView Rating Details
11/22/2016Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformN/AView Rating Details
8/3/2016Hovde GroupInitiated CoverageMarket Perform$14.00N/AView Rating Details
8/2/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$13.00 -> $13.50N/AView Rating Details
7/11/2016Piper Jaffray CompaniesInitiated CoverageNeutral$13.50N/AView Rating Details
2/3/2016SunTrust Banks, Inc.Lower Price TargetNeutral$13.00 -> $12.00N/AView Rating Details
11/20/2015Sandler O'NeillLower Price TargetHold$15.00 -> $14.50N/AView Rating Details
8/5/2015StephensReiterated RatingBuyN/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Old National Bancorp (NASDAQ:ONB)
Earnings by Quarter for Old National Bancorp (NASDAQ:ONB)
Earnings History by Quarter for Old National Bancorp (NASDAQ:ONB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/31/2017        
4/25/2017Q1 2017$0.24$0.28$152.43 million$148.72 millionViewN/AView Earnings Details
1/24/2017Q416$0.24$0.25$155.05 million$172.70 millionViewN/AView Earnings Details
10/31/2016Q316$0.23$0.25$152.30 million$155.05 millionViewListenView Earnings Details
8/1/2016Q216$0.23$0.31$150.80 million$192.73 millionViewN/AView Earnings Details
5/2/2016Q1$0.23$0.25$141.65 million$135.09 millionViewN/AView Earnings Details
2/1/2016Q415$0.25$0.27$141.23 million$146.54 millionViewN/AView Earnings Details
10/26/2015Q315$0.26$0.26$143.30 million$156.80 millionViewListenView Earnings Details
7/27/2015Q215$0.24$0.25$144.96 million$151.80 millionViewListenView Earnings Details
4/27/2015Q115$0.25$0.18$147.26 million$146.30 millionViewN/AView Earnings Details
2/2/2015Q414$0.26$0.25$146.16 million$140.50 millionViewN/AView Earnings Details
10/27/2014Q314$0.25$0.26$141.91 million$142.80 millionViewListenView Earnings Details
7/28/2014Q214$0.25$0.18$133.62 million$128.40 millionViewN/AView Earnings Details
4/28/2014Q114$0.26$0.26$128.80 million$124.04 millionViewN/AView Earnings Details
2/3/2014Q413$0.25$0.25$128.32 millionViewN/AView Earnings Details
10/28/2013Q313$0.23$0.23$130.30 millionViewN/AView Earnings Details
7/29/2013Q2 2013$0.25$0.28$125.44 millionViewN/AView Earnings Details
4/29/2013Q1 2013$0.26$0.24$130.53 millionViewN/AView Earnings Details
1/28/2013Q4 2012$0.23$0.23$124.90 million$139.20 millionViewN/AView Earnings Details
10/29/2012Q312$0.24$0.20$126.19 millionViewN/AView Earnings Details
7/30/2012$0.24$0.29ViewN/AView Earnings Details
4/30/2012$0.24$0.24ViewN/AView Earnings Details
1/30/2012$0.23$0.23ViewN/AView Earnings Details
10/31/2011$0.18$0.24ViewN/AView Earnings Details
8/1/2011$0.17$0.18ViewN/AView Earnings Details
5/2/2011$0.11$0.17ViewN/AView Earnings Details
1/31/2011$0.11$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Old National Bancorp (NASDAQ:ONB)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.27$0.27$0.27
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Old National Bancorp (NASDAQ:ONB)
Next Dividend:6/15/2017
Annual Dividend:$0.52
Dividend Yield:3.18%
Payout Ratio:49.52% (Trailing 12 Months of Earnings)
49.06% (Based on This Year's Estimates)
46.43% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Old National Bancorp (NASDAQ:ONB)

Dividend History by Quarter for Old National Bancorp (NASDAQ:ONB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/28/2017quarterly$0.133.1%5/30/20176/1/20176/15/2017
1/27/2017quarterly$0.132.91%2/27/20173/1/20173/15/2017
11/1/2016Quarterly$0.1311/29/201612/1/201612/15/2016
8/2/2016Quarterly$0.138/30/20169/1/20169/16/2016
5/9/2016Quarterly$0.135/27/20166/1/20166/15/2016
1/29/2016Quarterly$0.132/26/20163/1/20163/15/2016
10/26/2015Quarterly$0.1211/27/201512/1/201512/15/2015
7/27/2015$0.128/28/20159/1/20159/15/2015
4/28/2015quarterly$0.123.53%5/28/20156/1/20156/15/2015
1/23/2015quarterly$0.123.47%2/26/20153/2/20153/16/2015
10/27/2014quarterly$0.113.13%11/26/201412/1/201412/15/2014
7/30/2014quarterly$0.113.22%8/28/20149/2/20149/16/2014
5/1/2014quarterly$0.113.14%5/29/20146/2/20146/16/2014
1/23/2014quarterly$0.113.04%2/27/20143/3/20143/17/2014
10/29/2013quarterly$0.102.75%11/27/201312/2/201312/16/2013
7/29/2013quarterly$0.102.87%8/29/20139/3/20139/17/2013
4/29/2013quarterly$0.103.28%5/30/20136/3/20136/17/2013
1/24/2013quarterly$0.103.11%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Old National Bancorp (NASDAQ:ONB)
Insider Ownership Percentage: 2.70%
Institutional Ownership Percentage: 70.77%
Insider Trades by Quarter for Old National Bancorp (NASDAQ:ONB)
Institutional Ownership by Quarter for Old National Bancorp (NASDAQ:ONB)
Insider Trades by Quarter for Old National Bancorp (NASDAQ:ONB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/1/2017James A. SandgrenCOOBuy2,200$16.70$36,740.00View SEC Filing  
2/3/2017Robert G JonesChairmanSell70,000$17.93$1,255,100.00View SEC Filing  
11/25/2016Robert G. JonesChairmanSell20,008$17.42$348,539.36View SEC Filing  
11/2/2016Kendra L. VanzoInsiderBuy1,000$14.35$14,350.00View SEC Filing  
8/18/2016Daryl D. MooreInsiderSell33,442$13.80$461,499.60View SEC Filing  
8/11/2016James T MorrisDirectorBuy500$13.67$6,835.00View SEC Filing  
8/8/2016Rebecca S SkillmanDirectorBuy1,800$13.76$24,768.00View SEC Filing  
5/31/2016Christopher A WolkingCFOSell3,000$13.17$39,510.00View SEC Filing  
5/13/2016Randall T ShepardDirectorBuy1,000$12.29$12,290.00View SEC Filing  
5/5/2016Niel C EllerbrookDirectorBuy15,000$12.68$190,200.00View SEC Filing  
12/15/2015Robert G. JonesCEOBuy286$13.84$3,958.24View SEC Filing  
11/25/2015Robert G. JonesCEOSell6,734$14.86$100,067.24View SEC Filing  
10/28/2015Randall T ShepardDirectorBuy1,000$14.24$14,240.00View SEC Filing  
4/29/2015James C Ryan IIIEVPBuy1,000$13.75$13,750.00View SEC Filing  
4/29/2015Niel C EllerbrookDirectorBuy10,000$13.84$138,400.00View SEC Filing  
4/29/2015Robert G JonesCEOBuy3,680$13.80$50,784.00View SEC Filing  
2/4/2015Randall T ShepardDirectorBuy1,000$13.46$13,460.00View SEC Filing  
8/20/2014James C Ryan IIIEVPBuy1,000$13.09$13,090.00View SEC Filing  
8/4/2014John R KaminInsiderBuy2,000$13.08$26,160.00View SEC Filing  
7/31/2014Andrew E GoebelDirectorBuy3,500$13.39$46,865.00View SEC Filing  
5/12/2014Robert JonesCEOSell14,308$14.01$200,455.08View SEC Filing  
5/9/2013Andrew E GoebelDirectorBuy2,176$12.73$27,700.48View SEC Filing  
5/2/2013John R KaminInsiderBuy1,000$11.91$11,910.00View SEC Filing  
5/1/2013Randall T ShepardDirectorBuy1,000$11.83$11,830.00View SEC Filing  
11/19/2012James T MorrisDirectorBuy2,000$11.84$23,680.00View SEC Filing  
11/1/2012Randall T ShepardDirectorBuy2,000$12.30$24,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Old National Bancorp (NASDAQ:ONB)
Latest Headlines for Old National Bancorp (NASDAQ:ONB)
Source:
DateHeadline
finance.yahoo.com logoONB promotes Todd Clark to Chief Information & Strategic Innovation Officer; Alex Strati becomes Michigan Region CEO
finance.yahoo.com - May 22 at 6:14 PM
americanbankingnews.com logo$153.57 Million in Sales Expected for Old National Bancorp (ONB) This Quarter
www.americanbankingnews.com - May 17 at 1:14 PM
americanbankingnews.com logoOld National Bancorp (ONB) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 16 at 7:30 AM
americanbankingnews.com logoZacks: Analysts Expect Old National Bancorp (ONB) to Post $0.27 Earnings Per Share
www.americanbankingnews.com - May 15 at 10:40 AM
americanbankingnews.com logoZacks Investment Research Lowers Old National Bancorp (ONB) to Hold
www.americanbankingnews.com - May 13 at 7:52 AM
nasdaq.com logoOld National Bancorp Named Top Dividend Stock With Insider Buying and 3.05% Yield (ONB)
www.nasdaq.com - May 8 at 12:09 PM
americanbankingnews.com logoOld National Bancorp's (ONB) "Hold" Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - May 6 at 8:32 AM
americanbankingnews.com logoOld National Bancorp (ONB) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 5 at 4:39 PM
americanbankingnews.com logoOld National Bancorp (ONB) Receiving Somewhat Positive News Coverage, Report Finds
www.americanbankingnews.com - May 1 at 7:54 PM
americanbankingnews.com logoJames A. Sandgren Buys 2,200 Shares of Old National Bancorp (ONB) Stock
www.americanbankingnews.com - May 1 at 5:32 PM
americanbankingnews.com logoOld National Bancorp (ONB) Earns Daily Media Sentiment Rating of 0.25
www.americanbankingnews.com - April 29 at 1:09 AM
americanbankingnews.com logoOld National Bancorp Announces Quarterly Dividend of $0.13 (ONB)
www.americanbankingnews.com - April 28 at 11:18 PM
americanbankingnews.com logoOld National Bancorp (ONB) Upgraded at Hilliard Lyons
www.americanbankingnews.com - April 27 at 12:32 PM
seekingalpha.com logoOld National Bancorp's (ONB) CEO Bob Jones on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 27 at 10:15 AM
finance.yahoo.com logoEdited Transcript of ONB earnings conference call or presentation 25-Apr-17 3:00pm GMT
finance.yahoo.com - April 26 at 6:13 PM
americanbankingnews.com logoOld National Bancorp (ONB) Expected to Post Quarterly Sales of $154.63 Million
www.americanbankingnews.com - April 26 at 12:40 PM
americanbankingnews.com logoOld National Bancorp (ONB) Getting Somewhat Critical News Coverage, Study Finds
www.americanbankingnews.com - April 25 at 6:47 PM
finance.yahoo.com logoOld National’s 1st quarter net income improves 33.4% and earnings per share increases 12.5% over 1st quarter 2016
finance.yahoo.com - April 25 at 6:14 PM
finance.yahoo.com logoOld National Bancorp tops 1Q profit forecasts
finance.yahoo.com - April 25 at 6:14 PM
americanbankingnews.com logoOld National Bancorp (ONB) Issues Quarterly Earnings Results
www.americanbankingnews.com - April 25 at 4:00 PM
finance.yahoo.com logoOld National Bancorp to Webcast Annual Shareholders’ Meeting
finance.yahoo.com - April 24 at 7:22 PM
americanbankingnews.com logoOld National Bancorp (ONB) Expected to Post Earnings of $0.24 Per Share
www.americanbankingnews.com - April 24 at 12:47 PM
americanbankingnews.com logoPositive Press Coverage Somewhat Unlikely to Affect Old National Bancorp (ONB) Stock Price
www.americanbankingnews.com - April 17 at 8:21 PM
americanbankingnews.com logoOld National Bancorp (ONB) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 16 at 9:20 AM
americanbankingnews.com logoOld National Bancorp (ONB) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - April 14 at 10:06 AM
americanbankingnews.com logoOld National Bancorp (ONB) Earns Daily Coverage Optimism Score of 0.57
www.americanbankingnews.com - April 14 at 8:22 AM
americanbankingnews.com logoOld National Bancorp (ONB) Receives Neutral Rating from Keefe, Bruyette & Woods
www.americanbankingnews.com - April 10 at 10:56 PM
americanbankingnews.com logoOld National Bancorp (ONB) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - April 10 at 4:35 PM
finance.yahoo.com logoOld National Schedules Earnings Release and Conference Call / Web Cast
finance.yahoo.com - April 7 at 11:43 AM
americanbankingnews.com logoOld National Bancorp (ONB) Rating Reiterated by Royal Bank of Canada
www.americanbankingnews.com - April 4 at 9:13 PM
streetinsider.com logoForm 4 OLD NATIONAL BANCORP For: Mar 15 Filed by: White Katherine E
www.streetinsider.com - March 25 at 6:37 PM
nasdaq.com logoONB Dividend Yield Pushes Above 3%
www.nasdaq.com - March 21 at 11:55 PM
finance.yahoo.com logoOld National Named as a 2017 World's Most Ethical Company by the Ethisphere Institute
finance.yahoo.com - March 13 at 6:43 PM
finance.yahoo.com logo5:18 pm Old National Bancorp names Michael Woods Principal Accounting Officer effective immediately; will replace Joan Kissel, who is transitioning to the role of Chief Audit Officer and Ethics Officer
finance.yahoo.com - February 28 at 10:44 AM
biz.yahoo.com logoOLD NATIONAL BANCORP /IN/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exh
biz.yahoo.com - February 27 at 5:41 PM
finance.yahoo.com logoOld National names Michael Woods Principal Accounting Officer
finance.yahoo.com - February 27 at 5:41 PM
finance.yahoo.com logoOLD NATIONAL BANCORP /IN/ Financials
finance.yahoo.com - February 22 at 7:06 PM
streetinsider.com logoOLD NATIONAL BANCORP
www.streetinsider.com - February 6 at 7:06 PM
streetinsider.com logoForm 4 OLD NATIONAL BANCORP For: Jan 26 Filed by: Kissel Joan
www.streetinsider.com - January 31 at 5:48 AM
investopedia.com logoOld National Sells TripAdvisor Shares (TRIP)
www.investopedia.com - January 27 at 5:14 AM
seekingalpha.com logoOld National Bancorp: Better Action Elsewhere
seekingalpha.com - January 27 at 12:13 AM
streetinsider.com logoOld National Bancorp (ONB) Declares $0.13 Quarterly Dividend; 2.9% Yield
www.streetinsider.com - January 27 at 12:13 AM
finance.yahoo.com logoOld National Announces Quarterly Cash Dividend
finance.yahoo.com - January 27 at 12:12 AM
us.rd.yahoo.com logo8:06 am Old National Bancorp misses by $0.01, beats on revs
us.rd.yahoo.com - January 25 at 11:15 PM
seekingalpha.com logoOld National Bancorp 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - January 25 at 5:50 AM
finance.yahoo.com logoEdited Transcript of ONB earnings conference call or presentation 24-Jan-17 4:00pm GMT
finance.yahoo.com - January 25 at 12:48 AM
reuters.com logoBRIEF-Old National Bancorp Q4 earnings per share $0.25
www.reuters.com - January 24 at 7:48 PM
biz.yahoo.com logoQ4 2016 Old National Bancorp Earnings Release - Before Market Open
us.rd.yahoo.com - January 24 at 8:58 AM
us.rd.yahoo.com logoOld National’s 2016 net income is highest in the Company’s history increasing 15% over 2015 with organic loan growth exceeding 7%
us.rd.yahoo.com - January 24 at 8:58 AM
biz.yahoo.com logoOLD NATIONAL BANCORP /IN/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and
us.rd.yahoo.com - January 24 at 8:58 AM

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Chart

Old National Bancorp (ONB) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff