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: Regional - Midwest Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:ONB
- CUSIP: 68003310
- Web: www.oldnational.com
- Market Cap: $2.18 billion
- Outstanding Shares: 135,434,000
- 50 Day Moving Avg: $16.72
- 200 Day Moving Avg: $17.40
- 52 Week Range: $11.58 - $18.95
Sales & Book Value:
- Trailing P/E Ratio: 14.95
- Foreward P/E Ratio: 14.38
- P/E Growth: 1.92
- Annual Revenue: $667.94 million
- Price / Sales: 3.26
- Book Value: $13.63 per share
- Price / Book: 1.18
- Annual Dividend: $0.52
- Dividend Yield: 3.2%
- Net Margins: 19.18%
- Return on Equity: 7.68%
- Return on Assets: 0.96%
- Debt-to-Equity Ratio: 0.87%
- Current Ratio: 0.81%
- Quick Ratio: 0.80%
- Average Volume: 860,853 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 dividend on an annualized basis and a dividend yield of 3.23%. 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) issued its quarterly earnings results on Tuesday, April, 25th. The company reported $0.28 EPS for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.04. The company had revenue of $148.72 million for the quarter, compared to analyst estimates of $152.43 million. Old National Bancorp had a net margin of 19.18% and a return on equity of 7.68%. During the same period last year, the business earned $0.25 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?
7 equities research analysts have issued 12-month price targets for Old National Bancorp's stock. 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 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 Wintrust Financial Corp (WTFC), Associated Banc Corp (ASB), MB Financial (MBFI), Chemical Financial (CHFC), First Midwest Bancorp (FMBI), Community Bank System (CBU), First Merchants (FRME), First Financial Bancorp (FFBC), 1st Source (SRCE), First Busey (BUSE), Lakeland Financial (LKFN), National Bank Holdings Corp (NBHC), MainSource Financial Group (MSFG), German American Bancorp. (GABC), First Financial Corp (THFF), Peoples Bancorp (PEBO), First Foundation (FFWM) and Mercantile Bank Corp. (MBWM).
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 many different of retail and institutional investors. Top institutional shareholders 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.
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 $16.10.
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|
|7/31/2017|| || || || || || || || |
|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)
|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 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: 2.70%Insider Trades by Quarter for Old National Bancorp (NASDAQ:ONB)
Institutional Ownership Percentage: 70.77%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|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)
Old National Bancorp (ONB) Chart for Monday, May, 29, 2017