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
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:ONB
CUSIP68003310
Phone812-464-1294
Debt
Debt-to-Equity Ratio0.86%
Current Ratio0.85%
Quick Ratio0.85%
Price-To-Earnings
Trailing P/E Ratio15.27
Forward P/E Ratio14.14
P/E GrowthN/A
Sales & Book Value
Annual Sales$678.72 million
Price / Sales3.96
Cash Flow$1.4737 per share
Price / Cash11.99
Book Value$14.17 per share
Price / Book1.25
Profitability
EPS (Most Recent Fiscal Year)$1.10
Net Income$95.72 million
Net Margins14.10%
Return on Equity7.80%
Return on Assets0.97%
Miscellaneous
Employees2,801
Outstanding Shares152,060,000
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 announced a quarterly dividend on Friday, January 26th. Stockholders of record on Thursday, March 1st will be given a dividend of $0.13 per share on Thursday, March 15th. This represents a $0.52 annualized dividend and a dividend yield of 2.98%. The ex-dividend date is Wednesday, February 28th. View Old National Bancorp's Dividend History.
How were Old National Bancorp's earnings last quarter?
Old National Bancorp (NASDAQ:ONB) released its quarterly earnings results on Monday, April, 23rd. The bank reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.29 by $0.05. Old National Bancorp had a net margin of 14.10% and a return on equity of 7.80%. During the same quarter last year, the company earned $0.27 EPS. View Old National Bancorp's Earnings History.
When is Old National Bancorp's next earnings date?
What price target have analysts set for ONB?
7 brokerages have issued 1-year price objectives for Old National Bancorp's shares. Their forecasts range from $18.00 to $21.00. On average, they anticipate Old National Bancorp's stock price to reach $19.3333 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 Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), FNB (FNB), Valley National Bank (VLY), TCF Financial (TCF), UMB Financial (UMBF), MB Financial (MBFI), Fulton Financial (FULT), Community Bank, N.A. (CBU), Washington Federal (WAFD), Simmons First National (SFNC), FCB Financial (FCB), First Midwest Bancorp (FMBI), Bank of Hope (HOPE), Cadence Bancorp (CADE), CenterState Bank (CSFL), First Merchants (FRME) and Trustmark (TRMK).
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
Has Old National Bancorp been receiving favorable news coverage?
Media headlines about ONB stock have trended somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Old National Bancorp earned a media sentiment score of 0.03 on Accern's scale. They also gave media headlines about the bank an impact score of 45.50 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
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 $17.47.
How big of a company is Old National Bancorp?
Old National Bancorp has a market capitalization of $2.55 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.
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 812-464-1294 or via email at [email protected]
MarketBeat Community Rating for Old National Bancorp (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 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.
Old National Bancorp (NASDAQ:ONB) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
7 Wall Street analysts have issued ratings and price targets for Old National Bancorp in the last 12 months. Their average twelve-month price target is $19.3333, suggesting that the stock has a possible upside of 9.41%. The high price target for ONB is $21.00 and the low price target for ONB is $18.00. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Hold | Hold |
| Consensus Rating Score: | 2.57 | 2.50 | 2.38 | 2.43 |
| Ratings Breakdown: | 0 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $19.3333 | $19.2857 | $19.0714 | $18.8333 |
| Price Target Upside: | 9.41% upside | 11.16% upside | 6.84% upside | 2.08% upside |
Old National Bancorp (NASDAQ:ONB) Consensus Price Target History
Old National Bancorp (NASDAQ:ONB) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Old National Bancorp (NASDAQ:ONB) Dividend Information
Old National Bancorp pays an annual dividend of $0.52 per share, with a dividend yield of 2.94%. ONB's most recent quarterly dividend payment was Thursday, March 15. Old National Bancorp pays out 47.27% of its earnings out as a dividend.
| Most Recent Dividend: | 3/15/2018 |
| Annual Dividend: | $0.52 |
| Dividend Yield: | 2.94% |
| Payout Ratio: | 47.27% (Trailing 12 Months of Earnings)
41.60% (Based on This Year's Estimates)
37.41% (Based on Next Year's Estimates)
|
Old National Bancorp (NASDAQ:ONB) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/26/2018 | quarterly | $0.13 | 2.99% | 2/28/2018 | 3/1/2018 | 3/15/2018 |
| 10/27/2017 | quarterly | $0.13 | 2.78% | 11/30/2017 | 12/1/2017 | 12/15/2017 |
| 7/28/2017 | quarterly | $0.13 | 3.22% | 8/30/2017 | 9/1/2017 | 9/15/2017 |
| 4/28/2017 | quarterly | $0.13 | 3.1% | 5/30/2017 | 6/1/2017 | 6/15/2017 |
| 1/27/2017 | quarterly | $0.13 | 2.91% | 2/27/2017 | 3/1/2017 | 3/15/2017 |
| 11/1/2016 | Quarterly | $0.13 | | 11/29/2016 | 12/1/2016 | 12/15/2016 |
| 8/2/2016 | Quarterly | $0.13 | | 8/30/2016 | 9/1/2016 | 9/16/2016 |
| 5/9/2016 | Quarterly | $0.13 | | 5/27/2016 | 6/1/2016 | 6/15/2016 |
| 1/29/2016 | Quarterly | $0.13 | | 2/26/2016 | 3/1/2016 | 3/15/2016 |
| 10/26/2015 | Quarterly | $0.12 | | 11/27/2015 | 12/1/2015 | 12/15/2015 |
| 7/27/2015 | | $0.12 | | 8/28/2015 | 9/1/2015 | 9/15/2015 |
| 4/28/2015 | quarterly | $0.12 | 3.53% | 5/28/2015 | 6/1/2015 | 6/15/2015 |
| 1/23/2015 | quarterly | $0.12 | 3.47% | 2/26/2015 | 3/2/2015 | 3/16/2015 |
| 10/27/2014 | quarterly | $0.11 | 3.13% | 11/26/2014 | 12/1/2014 | 12/15/2014 |
| 7/30/2014 | quarterly | $0.11 | 3.22% | 8/28/2014 | 9/2/2014 | 9/16/2014 |
| 5/1/2014 | quarterly | $0.11 | 3.14% | 5/29/2014 | 6/2/2014 | 6/16/2014 |
| 1/23/2014 | quarterly | $0.11 | 3.04% | 2/27/2014 | 3/3/2014 | 3/17/2014 |
| 10/29/2013 | quarterly | $0.10 | 2.75% | 11/27/2013 | 12/2/2013 | 12/16/2013 |
| 7/29/2013 | quarterly | $0.10 | 2.87% | 8/29/2013 | 9/3/2013 | 9/17/2013 |
| 4/29/2013 | quarterly | $0.10 | 3.28% | 5/30/2013 | 6/3/2013 | 6/17/2013 |
| 1/24/2013 | quarterly | $0.10 | 3.11% | 2/27/2013 | 3/1/2013 | 3/15/2013 |
(Data available from 1/1/2013 forward)
Old National Bancorp (NASDAQ ONB) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.59%
Institutional Ownership Percentage: 66.54%
Old National Bancorp (NASDAQ ONB) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 10/30/2017 | James A Sandgren | COO | Buy | 37 | $18.45 | $682.65 | |  |
| 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 | 344,029 | |
| 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 | 12,370 | |
| 8/8/2016 | Rebecca S Skillman | Director | Buy | 1,800 | $13.76 | $24,768.00 | 8,008 | |
| 5/31/2016 | Christopher A Wolking | CFO | Sell | 3,000 | $13.17 | $39,510.00 | 101,788 | |
| 5/13/2016 | Randall T Shepard | Director | Buy | 1,000 | $12.29 | $12,290.00 | 9,471 | |
| 5/5/2016 | Niel C Ellerbrook | Director | Buy | 15,000 | $12.68 | $190,200.00 | 21,287 | |
| 12/15/2015 | Robert G. Jones | CEO | Buy | 286 | $13.84 | $3,958.24 | 6,349 | |
| 11/25/2015 | Robert G. Jones | CEO | Sell | 6,734 | $14.86 | $100,067.24 | 6,629 | |
| 10/28/2015 | Randall T Shepard | Director | Buy | 1,000 | $14.24 | $14,240.00 | 6,903 | |
| 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 | 272,780 | |
| 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 | | |
(Data available from 1/1/2013 forward)
Old National Bancorp (NASDAQ ONB) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Old National Bancorp (ONB) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS
www.americanbankingnews.com - April 23 at 9:20 AM |
 | Old National Bancorp: 1Q Earnings Snapshot
finance.yahoo.com - April 23 at 8:31 AM |
| Old National reports record 1st quarter net income of $48.0 million, a 33% increase from a year ago
finance.yahoo.com - April 23 at 8:31 AM |
| Old National Bancorp to Host Earnings Call
finance.yahoo.com - April 23 at 8:31 AM |
| Old National Bancorp (ONB) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 23 at 1:32 AM |
| Old National Bancorp (ONB) Expected to Post Quarterly Sales of $170.43 Million
www.americanbankingnews.com - April 19 at 3:58 AM |
| $0.29 EPS Expected for Old National Bancorp (ONB) This Quarter
www.americanbankingnews.com - April 17 at 11:16 AM |
| Old National Bancorp (ONB) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - April 16 at 2:22 AM |
| Old National Bancorp (ONB) Receives "Hold" Rating from Piper Jaffray
www.americanbankingnews.com - April 15 at 11:42 PM |
| Old National Bancorp (ONB) Cut to "Strong Sell" at BidaskClub
www.americanbankingnews.com - April 15 at 12:35 PM |
| Moving Average Crossover Alert: Old National Bancorp (ONB)
finance.yahoo.com - April 10 at 8:57 AM |
| Old National Bancorp (ONB) Receives New Coverage from Analysts at Boenning Scattergood
www.americanbankingnews.com - April 7 at 10:28 PM |
| Report: Exploring Fundamental Drivers Behind Redfin, Old National, Fidelity National Financial, TriNet Group, Omega Healthcare Investors, and Sabra Healthcare REIT — New Horizons, Emerging Trends, and Upcoming Developments
finance.yahoo.com - April 6 at 8:52 AM |
| Old National to announce first-quarter 2018 earnings and hold conference call / webcast
finance.yahoo.com - April 5 at 10:43 AM |
| Old National Bancorp (ONB) PT Set at $21.00 by Boenning Scattergood
www.americanbankingnews.com - April 4 at 9:39 PM |
| Old National Bancorp (ONB) Downgraded by BidaskClub to Hold
www.americanbankingnews.com - April 3 at 10:58 PM |
| ValuEngine Downgrades Old National Bancorp (ONB) to Hold
www.americanbankingnews.com - April 3 at 10:55 AM |
| $170.43 Million in Sales Expected for Old National Bancorp (ONB) This Quarter
www.americanbankingnews.com - April 2 at 3:38 AM |
| Old National Bancorp (ONB) Rating Lowered to Sell at BidaskClub
www.americanbankingnews.com - March 31 at 11:34 PM |
| Zacks: Brokerages Expect Old National Bancorp (ONB) Will Announce Earnings of $0.29 Per Share
www.americanbankingnews.com - March 31 at 1:22 PM |
| Boenning Scattergood Analysts Reduce Earnings Estimates for Old National Bancorp (ONB)
www.americanbankingnews.com - March 30 at 6:52 AM |
| Old National Bancorp (ONB) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - March 29 at 1:34 AM |
| Old National Bancorp (ONB) Given "Buy" Rating at Boenning Scattergood
www.americanbankingnews.com - March 28 at 11:11 AM |
| Old National Bancorp (ONB) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - March 28 at 10:26 AM |
| Old National Bancorp (ONB) Upgraded to Sell at BidaskClub
www.americanbankingnews.com - March 25 at 2:34 PM |
| $173.42 Million in Sales Expected for Old National Bancorp (ONB) This Quarter
www.americanbankingnews.com - March 16 at 5:32 AM |
 | See the latest renderings of Passport Health's $100M HQ (VIDEO)
www.bizjournals.com - March 15 at 8:39 AM |
| Brokerages Expect Old National Bancorp (ONB) to Post $0.31 Earnings Per Share
www.americanbankingnews.com - March 14 at 4:39 PM |
| Allianz Asset Management GmbH Sells 250,151 Shares of Old National Bancorp (ONB)
www.americanbankingnews.com - March 6 at 4:16 AM |
| Swiss National Bank Increases Stake in Old National Bancorp (ONB)
www.americanbankingnews.com - March 4 at 8:22 AM |
| Old National Bancorp (ONB) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 4 at 1:24 AM |
| Old National Bancorp (ONB) Sees Large Decline in Short Interest
www.americanbankingnews.com - March 2 at 2:20 AM |
| Arizona State Retirement System Boosts Holdings in Old National Bancorp (ONB)
www.americanbankingnews.com - March 1 at 4:32 AM |
| Old National Bancorp to Present at the 2018 RBC Capital Markets Financial Institutions Conference
finance.yahoo.com - February 28 at 5:42 PM |
| Keefe, Bruyette & Woods Reaffirms "Hold" Rating for Old National Bancorp (ONB)
www.americanbankingnews.com - February 27 at 8:28 PM |
| Schwab Charles Investment Management Inc. Increases Stake in Old National Bancorp (ONB)
www.americanbankingnews.com - February 27 at 7:06 AM |
| Private Management Group Inc. Has $22.54 Million Stake in Old National Bancorp (ONB)
www.americanbankingnews.com - February 25 at 2:31 PM |
| $0.31 EPS Expected for Old National Bancorp (ONB) This Quarter
www.americanbankingnews.com - February 25 at 9:32 AM |
| Citadel Advisors LLC Raises Holdings in Old National Bancorp (ONB)
www.americanbankingnews.com - February 25 at 4:52 AM |
 | Notable Two Hundred Day Moving Average Cross - ONB
www.nasdaq.com - February 23 at 5:35 PM |
| Old National Bancorp (ONB) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - February 18 at 12:44 PM |
| Old National Bancorp (ONB) Files 10-K for the Fiscal Year Ended on December 31, 2017
finance.yahoo.com - February 15 at 5:05 PM |
| Old National Bank Named One of the 2018 World's Most Ethical Companies®
finance.yahoo.com - February 12 at 4:00 PM |
| Old National Bancorp (ONB) Upgraded at BidaskClub
www.americanbankingnews.com - February 11 at 6:22 AM |
 | Old National Bancorp's (ONB) CEO Bob Jones on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - February 10 at 3:57 PM |
| Old National Bancorp (ONB) Raised to Buy at Hilliard Lyons
www.americanbankingnews.com - February 10 at 3:00 PM |
| $0.31 Earnings Per Share Expected for Old National Bancorp (ONB) This Quarter
www.americanbankingnews.com - February 8 at 5:12 PM |
| Old National Bancorp -- Moody's Affirms Old National (senior A3), Outlook Negative
finance.yahoo.com - February 2 at 4:04 PM |
| Old National Announces Quarterly Cash Dividend
finance.yahoo.com - February 2 at 9:41 AM |
| ONB Crosses Below Key Moving Average Level
www.nasdaq.com - January 27 at 3:59 PM |
Old National Bancorp (NASDAQ:ONB) SEC Filings
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Old National Bancorp (NASDAQ:ONB) Income Statement, Balance Sheet and Cash Flow Statement
Old National Bancorp (NASDAQ ONB) Stock Chart for Monday, April, 23, 2018
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