About Old National Bancorp (NASDAQ:ONB)
Old 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: Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:ONB
- CUSIP: 68003310
- Web: www.oldnational.com
- Market Cap: $2.5206 billion
- Outstanding Shares: 135,516,000
- 50 Day Moving Avg: $17.52
- 200 Day Moving Avg: $16.92
- 52 Week Range: $13.95 - $18.95
Sales & Book Value:
- Trailing P/E Ratio: 17.66
- Foreward P/E Ratio: 15.50
- P/E Growth: 2.46
- Annual Revenue: $670.65 million
- Price / Sales: 3.76
- Book Value: $13.92 per share
- Price / Book: 1.34
- Annual Dividend: $0.52
- Dividend Yield: 2.8%
- Net Margins: 21.02%
- Return on Equity: 8.25%
- Return on Assets: 1.02%
- Debt-to-Equity Ratio: 0.92%
- Current Ratio: 0.84%
- Quick Ratio: 0.84%
- Average Volume: 732,652 shs.
- Beta: 1.1
- Short Ratio: 8.72
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 announced a quarterly dividend on Friday, July 28th. Shareholders of record on Friday, September 1st will be paid a dividend of $0.13 per share on Friday, September 15th. This represents a $0.52 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend is Wednesday, August 30th. View Old National Bancorp's Dividend History.
How were Old National Bancorp's earnings last quarter?
Old National Bancorp (NASDAQ:ONB) issued its quarterly earnings results on Tuesday, July, 25th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.02. The firm earned $153.60 million during the quarter, compared to the consensus estimate of $153.57 million. Old National Bancorp had a net margin of 21.02% and a return on equity of 8.25%. During the same period in the previous year, the firm earned $0.31 EPS. View Old National Bancorp's Earnings History.
When will Old National Bancorp make its next earnings announcement?
Where is Old National Bancorp's stock going? Where will Old National Bancorp's stock price be in 2017?
6 equities research analysts have issued 12-month target prices for Old National Bancorp's shares. Their predictions range from $17.50 to $20.50. On average, they expect Old National Bancorp's share price to reach $18.83 in the next twelve months. View Analyst Ratings for Old National Bancorp.
Who are some of Old National Bancorp's key competitors?
Some companies that are related to Old National Bancorp include City National Corp (CYN), First Citizens BancShares (FCNCA), Wintrust Financial Corporation (WTFC), Umpqua Holdings Corporation (UMPQ), First Horizon National Corporation (FHN), TFS Financial Corporation (TFSL), United Bankshares (UBSI), BBVA Banco Frances S.A. (BFR), Popular (BPOP), Ita? CorpBanca (ITCB), Grupo Aval Acciones y Valores S.A. (AVAL), Valley National Bancorp (VLY), Washington Federal (WAFD), BancorpSouth (BXS), TCF Financial (TCF), TCF Financial Corporation (TCF), Metro Bank PLC (MTRO) and Glacier Bancorp (GBCI).
Who are Old National Bancorp's key executives?
Old National Bancorp's management team includes the folowing people:
- Robert G. Jones, Chairman of the Board, Chief Executive Officer
- James A. Sandgren, President, Chief Operating Officer
- James C. Ryan III, Chief Financial Officer, Senior Executive Vice President
- Julie Williams Daugherty, Executive Vice President, Chief Administrative Officer
- John R. Kamin, Executive Vice President, Chief Information Officer
- Candice J. Rickard, Executive Vice President, Chief Risk Officer
- Jeffrey L. Knight, Executive Vice President, Chief Legal Counsel, Corporate Secretary
- Scott James Evernham, Executive Vice President - Old National's Wealth Management Division
- Daryl D. Moore, Senior Executive Vice President, Chief Credit Executive
- Kendra L. Vanzo, Executive Vice President - Associate Engagement and Integrations
Who owns Old National Bancorp stock?
Old National Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (0.97%), Assenagon Asset Management S.A. (0.26%) and Taylor Cottrill Erickson & Associates Inc. (0.05%). Company insiders that own Old National Bancorp stock include Christopher A Wolking, Daryl D Moore, James A Sandgren, James T Morris, John R Kamin, 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 Tributary Capital Management LLC. Company insiders that have sold Old National Bancorp stock in the last year include John R Kamin 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 Assenagon Asset Management S.A. and Taylor Cottrill Erickson & Associates Inc.. 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.
What is Old National Bancorp's stock price today?
MarketBeat Community Rating for Old National Bancorp (NASDAQ ONB)MarketBeat's community ratings are surveys of what our community members think about Old National Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Old National Bancorp stock can currently be purchased for approximately $18.60.
Consensus Ratings for Old National Bancorp (NASDAQ:ONB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$18.83 (1.25% upside)|Consensus Price Target History for Old National Bancorp (NASDAQ:ONB)
Analysts' Ratings History for Old National Bancorp (NASDAQ:ONB)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/6/2017||Piper Jaffray Companies||Initiated Coverage||Neutral -> Neutral||$19.00||N/A|
|10/4/2017||Boenning Scattergood||Initiated Coverage||Outperform -> Outperform||$20.50||Low|
|9/19/2017||Raymond James Financial, Inc.||Upgrade||Market Perform -> Outperform||$19.00||Low|
|9/15/2017||Jefferies Group LLC||Reiterated Rating||Hold||$18.00||Medium|
|6/12/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold -> Hold - Neutral||Low|
|4/27/2017||Hilliard Lyons||Upgrade||Underperform -> Neutral||$17.00 -> $17.50||Low|
|4/4/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$19.00||Medium|
|8/3/2016||Hovde Group||Initiated Coverage||Market Perform||$14.00||N/A|
|2/3/2016||SunTrust Banks, Inc.||Lower Price Target||Neutral||$13.00 -> $12.00||N/A|
|11/20/2015||Sandler O'Neill||Lower Price Target||Hold||$15.00 -> $14.50||N/A|
Earnings History for Old National Bancorp (NASDAQ:ONB)Earnings History by Quarter for Old National Bancorp (NASDAQ ONB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$0.27||$0.29||$153.57 million||$153.60 million||View||N/A|
|4/25/2017||Q1 2017||$0.24||$0.28||$152.43 million||$148.72 million||View||N/A|
|1/24/2017||Q416||$0.24||$0.25||$155.05 million||$172.70 million||View||N/A|
|10/31/2016||Q316||$0.23||$0.25||$152.30 million||$155.05 million||View||Listen|
|8/1/2016||Q216||$0.23||$0.31||$150.80 million||$192.73 million||View||N/A|
|5/2/2016||Q1||$0.23||$0.25||$141.65 million||$135.09 million||View||N/A|
|2/1/2016||Q415||$0.25||$0.27||$141.23 million||$146.54 million||View||N/A|
|10/26/2015||Q315||$0.26||$0.26||$143.30 million||$156.80 million||View||Listen|
|7/27/2015||Q215||$0.24||$0.25||$144.96 million||$151.80 million||View||Listen|
|4/27/2015||Q115||$0.25||$0.18||$147.26 million||$146.30 million||View||N/A|
|2/2/2015||Q414||$0.26||$0.25||$146.16 million||$140.50 million||View||N/A|
|10/27/2014||Q314||$0.25||$0.26||$141.91 million||$142.80 million||View||Listen|
|7/28/2014||Q214||$0.25||$0.18||$133.62 million||$128.40 million||View||N/A|
|4/28/2014||Q114||$0.26||$0.26||$128.80 million||$124.04 million||View||N/A|
|7/29/2013||Q2 2013||$0.25||$0.28||$125.44 million||View||N/A|
|4/29/2013||Q1 2013||$0.26||$0.24||$130.53 million||View||N/A|
|1/28/2013||Q4 2012||$0.23||$0.23||$124.90 million||$139.20 million||View||N/A|
Earnings Estimates for Old National Bancorp (NASDAQ:ONB)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Old National Bancorp (NASDAQ:ONB)
|Most Recent Dividend:||9/15/2017|
|Payout Ratio:||49.52% (Trailing 12 Months of Earnings) |
49.06% (Based on This Year's Estimates)
43.33% (Based on Next Year's Estimates)
Dividend History by Quarter for Old National Bancorp (NASDAQ ONB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Old National Bancorp (NASDAQ:ONB)
Insider Ownership Percentage: 1.79%Insider Trades by Quarter for Old National Bancorp (NASDAQ:ONB)
Institutional Ownership Percentage: 72.62%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/14/2017||John R Kamin||Insider||Sell||5,531||$16.56||$91,593.36|| |
|7/17/2017||John R. Kamin||Insider||Sell||7,332||$17.03||$124,863.96|| |
|5/26/2017||John R Kamin||Insider||Sell||1,000||$16.18||$16,180.00|| |
|5/1/2017||James A. Sandgren||COO||Buy||2,200||$16.70||$36,740.00|| |
|2/3/2017||Robert G Jones||Chairman||Sell||70,000||$17.93||$1,255,100.00|| |
|11/25/2016||Robert G. Jones||Chairman||Sell||20,008||$17.42||$348,539.36|| |
|11/2/2016||Kendra L. Vanzo||Insider||Buy||1,000||$14.35||$14,350.00|| |
|8/18/2016||Daryl D. Moore||Insider||Sell||33,442||$13.80||$461,499.60|| |
|8/11/2016||James T Morris||Director||Buy||500||$13.67||$6,835.00|| |
|8/8/2016||Rebecca S Skillman||Director||Buy||1,800||$13.76||$24,768.00|| |
|5/31/2016||Christopher A Wolking||CFO||Sell||3,000||$13.17||$39,510.00|| |
|5/13/2016||Randall T Shepard||Director||Buy||1,000||$12.29||$12,290.00|| |
|5/5/2016||Niel C Ellerbrook||Director||Buy||15,000||$12.68||$190,200.00|| |
|12/15/2015||Robert G. Jones||CEO||Buy||286||$13.84||$3,958.24|| |
|11/25/2015||Robert G. Jones||CEO||Sell||6,734||$14.86||$100,067.24|| |
|10/28/2015||Randall T Shepard||Director||Buy||1,000||$14.24||$14,240.00|| |
|4/29/2015||James C Ryan III||EVP||Buy||1,000||$13.75||$13,750.00|| |
|4/29/2015||Niel C Ellerbrook||Director||Buy||10,000||$13.84||$138,400.00|| |
|4/29/2015||Robert G Jones||CEO||Buy||3,680||$13.80||$50,784.00|| |
|2/4/2015||Randall T Shepard||Director||Buy||1,000||$13.46||$13,460.00|| |
|8/20/2014||James C Ryan III||EVP||Buy||1,000||$13.09||$13,090.00|| |
|8/4/2014||John R Kamin||Insider||Buy||2,000||$13.08||$26,160.00|| |
|7/31/2014||Andrew E Goebel||Director||Buy||3,500||$13.39||$46,865.00|| |
|5/12/2014||Robert Jones||CEO||Sell||14,308||$14.01||$200,455.08|| |
|5/9/2013||Andrew E Goebel||Director||Buy||2,176||$12.73||$27,700.48|| |
|5/2/2013||John R Kamin||Insider||Buy||1,000||$11.91||$11,910.00|| |
|5/1/2013||Randall T Shepard||Director||Buy||1,000||$11.83||$11,830.00|| |
|11/19/2012||James T Morris||Director||Buy||2,000||$11.84||$23,680.00|| |
|11/1/2012||Randall T Shepard||Director||Buy||2,000||$12.30||$24,600.00|| |
Headline Trends for Old National Bancorp (NASDAQ:ONB)
Latest Headlines for Old National Bancorp (NASDAQ:ONB)
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Old National Bancorp (ONB) Chart for Sunday, October, 22, 2017