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, interest-bearing checking, 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; cash management, private banking, brokerage, trust, and investment advisory services; wealth management, investment, and foreign currency services; and treasury management, merchant, health savings, and capital markets services, as well as community development lending and equity investment solutions. As of December 31, 2018, 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.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone800-731-2265
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$827.35 million
Profitability
Miscellaneous
Employees2,892
Next Earnings Date7/22/2019 (Estimated)
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, May 3rd. Stockholders of record on Monday, June 3rd will be paid a dividend of $0.13 per share on Monday, June 17th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Friday, May 31st. 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 Monday, April, 22nd. The bank reported $0.33 EPS for the quarter, beating the consensus estimate of $0.31 by $0.02. The bank earned $196.60 million during the quarter, compared to analyst estimates of $198.64 million. Old National Bancorp had a return on equity of 8.43% and a net margin of 23.07%. The business's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.34 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?
8 Wall Street analysts have issued 12 month price objectives for Old National Bancorp's shares. Their forecasts range from $19.00 to $21.00. On average, they expect Old National Bancorp's stock price to reach $20.20 in the next year. This suggests a possible upside of 23.9% from the stock's current price. View Analyst Price Targets for Old National Bancorp.
What is the consensus analysts' recommendation for Old National Bancorp?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old National Bancorp in the last year. There are currently 6 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) " (4/11/2019)
- 2. Boenning Scattergood analysts commented, "We are reducing our target price to $17.50 ($19.25 prior) primarily due to the recent pullback in bank stock valuations, and to a lesser degree, a decrease to our 2019 and 2020 EPS estimates." (1/24/2019)
Has Old National Bancorp been receiving favorable news coverage?
News stories about ONB stock have been trending somewhat negative on Thursday, according to InfoTrie. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Old National Bancorp earned a daily sentiment score of -1.7 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.
Who are some of Old National Bancorp's key competitors?
Some companies that are related to Old National Bancorp include Comerica (CMA), Zions Bancorporation NA (ZION), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Synovus Financial (SNV), CIT Group (CIT), Webster Financial (WBS), PacWest Bancorp (PACW), First Horizon National (FHN), Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), F.N.B. (FNB), MB Financial (MBFI), Valley National Bancorp (VLY) and TCF Financial (TCF).
What other stocks do shareholders of Old National Bancorp own?
Who are Old National Bancorp's key executives?
Old National Bancorp's management team includes the folowing people:
- Mr. James C. Ryan III, Chief Exec. Officer (Age 47)
- Mr. James A. Sandgren, Pres & COO (Age 52)
- Mr. Todd C. Clark, Exec. VP and Chief Information & Strategic Innovation Officer (Age 49)
- Mr. Jeffrey L. Knight, Exec. VP, Chief Legal Counsel Gov. Relations & Corp. Sec. (Age 59)
- Mr. Brendon B. Falconer, CFO, Sr. VP & Treasurer
Who are Old National Bancorp's major shareholders?
Old National Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.86%), Dimensional Fund Advisors LP (6.97%), Macquarie Group Ltd. (1.76%), Northern Trust Corp (1.64%), The Manufacturers Life Insurance Company (1.64%) and Geode Capital Management LLC (1.11%). Company insiders that own Old National Bancorp stock include Daryl D Moore, 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 FMR LLC, Dalton Greiner Hartman Maher & Co., LSV Asset Management, Morgan Stanley, Pinebridge Investments L.P., Goldman Sachs Group Inc., California Public Employees Retirement System and Gateway Investment Advisers LLC. View Insider Buying and Selling for Old National Bancorp.
Which institutional investors are buying Old National Bancorp stock?
ONB stock was purchased by a variety of institutional investors in the last quarter, including RK Capital Management LLC, Cetera Advisor Networks LLC, BlackRock Inc., Macquarie Group Ltd., Geode Capital Management LLC, Tributary Capital Management LLC, Assenagon Asset Management S.A. and Metropolitan Life Insurance Co NY. 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 $16.30.
How big of a company is Old National Bancorp?
Old National Bancorp has a market capitalization of $2.84 billion and generates $827.35 million in revenue each year. The bank earns $190.83 million in net income (profit) each year or $1.29 on an earnings per share basis. Old National Bancorp employs 2,892 workers across the globe.
What is Old National Bancorp's official website?
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)
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.
