NASDAQ:ONB - Old National Bancorp Stock Price, News, & Analysis

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$18.24 -0.16 (-0.87 %)
(As of 11/21/2018 06:00 AM ET)
Previous Close$18.40
Today's Range$18.09 - $18.42
52-Week Range$16.36 - $20.95
Volume470,661 shs
Average Volume848,958 shs
Market Capitalization$2.81 billion
P/E Ratio16.58
Dividend Yield2.82%
Beta0.88
Old National Bancorp operates as the holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. The company offers deposit accounts, including noninterest-bearing demand, NOW, savings and money market, and time deposits; and loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, letters of credit, and lease financing. It also provides debit and ATM cards, telephone access, and online banking, as well as other electronic and mobile banking services; and cash management, private banking, brokerage, trust, and investment advisory services. As of December 31, 2016, the company operated 191 banking centers located primarily in Indiana, Kentucky, Michigan, Wisconsin, and Minnesota. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:ONB
Previous Symbol
CUSIP68003310
Phone800-731-2265

Debt

Debt-to-Equity Ratio0.81
Current Ratio0.86
Quick Ratio0.86

Price-To-Earnings

Trailing P/E Ratio16.58
Forward P/E Ratio13.71
P/E Growth1.73

Sales & Book Value

Annual Sales$678.72 million
Price / Sales4.09
Cash Flow$1.3871 per share
Price / Cash13.15
Book Value$14.17 per share
Price / Book1.29

Profitability

EPS (Most Recent Fiscal Year)$1.10
Net Income$95.72 million
Net Margins16.12%
Return on Equity8.24%
Return on Assets1.03%

Miscellaneous

Employees2,801
Outstanding Shares152,350,000
Market Cap$2.81 billion
OptionableOptionable

Old National Bancorp (NASDAQ:ONB) Frequently Asked Questions

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, October 26th. Investors of record on Monday, December 3rd will be given a dividend of $0.13 per share on Monday, December 17th. This represents a $0.52 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend is Friday, November 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 results on Monday, October, 22nd. The bank reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.02. The bank earned $176.80 million during the quarter, compared to analysts' expectations of $178.10 million. Old National Bancorp had a net margin of 16.12% and a return on equity of 8.24%. During the same quarter last year, the firm earned $0.29 EPS. View Old National Bancorp's Earnings History.

When is Old National Bancorp's next earnings date?

Old National Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, January 22nd 2019. View Earnings Estimates for Old National Bancorp.

What price target have analysts set for ONB?

10 brokerages have issued 1 year price objectives for Old National Bancorp's stock. Their predictions range from $19.00 to $22.00. On average, they anticipate Old National Bancorp's stock price to reach $20.1111 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for Old National Bancorp.

What is the consensus analysts' recommendation for Old National Bancorp?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old National Bancorp in the last year. There are currently 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Old National Bancorp.

What are Wall Street analysts saying about Old National Bancorp stock?

Here are some recent quotes from research analysts about Old National Bancorp stock:
  • 1. According to Zacks Investment Research, "Old National Bancorp is a bank holding company that operates banking offices and ATMs throughout Indiana, Illinois, Ohio, Kentucky, and Tennessee. Through various subsidiaries, Old National provides a broad range of banking services as well as trust and investment management services, insurance brokerage services for both individuals and companies, and investment products. (Company Press Release) " (9/25/2018)
  • 2. Hovde Group analysts commented, "SLM reported $0.28 vs our/consensus $0.24 estimates. There were a couple of moving pieces but net-net we get to a core $0.26, which jives with the $0.02 raise to the bottom end of guidance. The beat was driven by better than expected NII (higher NIM and faster loan growth) and a slightly better provision expense. The moving pieces we can see are $0.01 of derivative hedging gains. A rounded $0.01 assuming the tax rate had been 26% (guide) vs the 24.5% effective. We would argue that the underinvestment in the quarter $0.6M vs ~$7.5M guide should be offset by the $7M in retirement eligible stock-based comp/severance expense. Overall our first take is that the results were strong." (4/23/2018)

Has Old National Bancorp been receiving favorable news coverage?

News articles about ONB stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Old National Bancorp earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

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

Who are Old National Bancorp's key executives?

Old National Bancorp's management team includes the folowing people:
  • Mr. Robert G. Jones, Chairman & CEO (Age 61)
  • Mr. James A. Sandgren, Pres & COO (Age 51)
  • Mr. James C. Ryan III, Sr. EVP & CFO (Age 46)
  • Mr. Jeffrey L. Knight, Exec. VP, Chief Legal Counsel Gov. Relations & Corp. Sec. (Age 58)
  • Mr. Daryl D. Moore, Sr. Exec. VP & Chief Credit Exec. (Age 60)

Who are Old National Bancorp's major shareholders?

Old National Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.42%), Dimensional Fund Advisors LP (7.91%), Bank of New York Mellon Corp (2.46%), The Manufacturers Life Insurance Company (1.95%), Macquarie Group Ltd. (1.87%) and FMR LLC (1.74%). Company insiders that own Old National Bancorp stock include James A Sandgren, James C Ryan III, John R Kamin, Katherine E White and Robert G Jones. View Institutional Ownership Trends for Old National Bancorp.

Which institutional investors are selling Old National Bancorp stock?

ONB stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Tributary Capital Management LLC, Russell Investments Group Ltd., Foundry Partners LLC, Rothschild & Co. Asset Management US Inc., LSV Asset Management, Prudential Financial Inc. and Comerica Bank. Company insiders that have sold Old National Bancorp company stock in the last year include Katherine E White and Robert G Jones. View Insider Buying and Selling for Old National Bancorp.

Which institutional investors are buying Old National Bancorp stock?

ONB stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Macquarie Group Ltd., Bank of New York Mellon Corp, The Manufacturers Life Insurance Company , Heartland Advisors Inc., Legal & General Group Plc and Nordea Investment Management AB. Company insiders that have bought Old National Bancorp stock in the last two years include James A Sandgren and James C Ryan III. View Insider Buying and Selling for Old National Bancorp.

How do I buy shares of Old National Bancorp?

Shares of ONB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Old National Bancorp's stock price today?

One share of ONB stock can currently be purchased for approximately $18.24.

How big of a company is Old National Bancorp?

Old National Bancorp has a market capitalization of $2.81 billion and generates $678.72 million in revenue each year. The bank earns $95.72 million in net income (profit) each year or $1.10 on an earnings per share basis. Old National Bancorp employs 2,801 workers across the globe.

What is Old National Bancorp's official website?

The official website for Old National Bancorp is http://www.oldnational.com.

How can I contact Old National Bancorp?

Old National Bancorp's mailing address is ONE MAIN ST, EVANSVILLE IN, 47708. The bank can be reached via phone at 800-731-2265 or via email at [email protected]


MarketBeat Community Rating for Old National Bancorp (NASDAQ ONB)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  259 (Vote Outperform)
Underperform Votes:  388 (Vote Underperform)
Total Votes:  647
MarketBeat's community ratings are surveys of what our community members think about Old National Bancorp and other stocks. Vote "Outperform" if you believe ONB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ONB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/21/2018 by MarketBeat.com Staff

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