Old National Bancorp Net Income

ONB Stock  USD 24.77  0.40  1.64%   
As of the 16th of February 2026, Old National holds the Coefficient Of Variation of 614.19, semi deviation of 1.21, and Risk Adjusted Performance of 0.1365. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Old National, as well as the relationship between them.

Old National Total Revenue

3.9 Billion

Old National's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Old National's valuation are provided below:
Gross Profit
2.3 B
Profit Margin
0.2909
Market Capitalization
9.7 B
Enterprise Value Revenue
6.632
Revenue
2.3 B
We have found one hundred twenty available trending fundamental ratios for Old National Bancorp, which can be analyzed and compared to other ratios and to its competitors. All investors should make sure to check out all of Old National Bancorp recent market performance against the performance between 2010 and 2026 to make sure the company can sustain itself down the road. As of February 16, 2026, Market Cap is expected to decline to about 187.1 M This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income620.1 M651.1 M
Net Income Applicable To Common Shares476.3 M500.1 M
Net Income From Continuing Ops620.1 M651.1 M
Net Income Per Share 1.73  1.81 
Net Income Per E B T 0.80  0.78 
At present, Old National's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 500.1 M, whereas Net Income Per E B T is forecasted to decline to 0.78.
  
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Analyzing Old National's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing Old National's current valuation and future prospects.

Latest Old National's Net Income Growth Pattern

Below is the plot of the Net Income of Old National Bancorp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Old National Bancorp financial statement analysis. It represents the amount of money remaining after all of Old National Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Old National's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Old National's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 539.19 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Old Net Income Regression Statistics

Arithmetic Mean269,520,815
Geometric Mean180,346,870
Coefficient Of Variation83.82
Mean Deviation186,100,819
Median190,830,000
Standard Deviation225,924,907
Sample Variance51042.1T
Range690.7M
R-Value0.93
Mean Square Error7768.3T
R-Squared0.86
Slope41,425,227
Total Sum of Squares816673T

Old Net Income History

2026702.7 M
2025669.3 M
2024539.2 M
2023582 M
2022428.3 M
2021277.5 M
2020226.4 M

Other Fundumenentals of Old National Bancorp

Old National Net Income component correlations

Old Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Old National is extremely important. It helps to project a fair market value of Old Stock properly, considering its historical fundamentals such as Net Income. Since Old National's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Old National's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Old National's interrelated accounts and indicators.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old National. Anticipated expansion of Old directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Old National assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.172
Dividend Share
0.56
Earnings Share
1.79
Revenue Per Share
6.329
Quarterly Revenue Growth
0.414
Understanding Old National Bancorp requires distinguishing between market price and book value, where the latter reflects Old's accounting equity. The concept of intrinsic value - what Old National's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Old National's price substantially above or below its fundamental value.
It's important to distinguish between Old National's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Old National should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Old National's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

Old National 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Old National's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Old National.
0.00
11/18/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/16/2026
0.00
If you would invest  0.00  in Old National on November 18, 2025 and sell it all today you would earn a total of 0.00 from holding Old National Bancorp or generate 0.0% return on investment in Old National over 90 days. Old National is related to or competes with UMB Financial, CullenFrost Bankers, Wintrust Financial, Zions Bancorporation, Popular, Western Alliance, and Commerce Bancshares. Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services... More

Old National Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Old National's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Old National Bancorp upside and downside potential and time the market with a certain degree of confidence.

Old National Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Old National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Old National's standard deviation. In reality, there are many statistical measures that can use Old National historical prices to predict the future Old National's volatility.
Hype
Prediction
LowEstimatedHigh
23.2624.8426.42
Details
Intrinsic
Valuation
LowRealHigh
22.3027.8329.41
Details
11 Analysts
Consensus
LowTargetHigh
25.0327.5030.53
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.600.610.62
Details

Old National February 16, 2026 Technical Indicators

Old National Bancorp Backtested Returns

Old National appears to be very steady, given 3 months investment horizon. Old National Bancorp maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Old National Bancorp, which you can use to evaluate the volatility of the company. Please evaluate Old National's Semi Deviation of 1.21, coefficient of variation of 614.19, and Risk Adjusted Performance of 0.1365 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Old National holds a performance score of 18. The company holds a Beta of 1.17, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Old National will likely underperform. Please check Old National's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Old National's historical price patterns will revert.

Auto-correlation

    
  0.75  

Good predictability

Old National Bancorp has good predictability. Overlapping area represents the amount of predictability between Old National time series from 18th of November 2025 to 2nd of January 2026 and 2nd of January 2026 to 16th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Old National Bancorp price movement. The serial correlation of 0.75 indicates that around 75.0% of current Old National price fluctuation can be explain by its past prices.
Correlation Coefficient0.75
Spearman Rank Test0.73
Residual Average0.0
Price Variance1.04
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Old Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(454.74 Million)

At present, Old National's Accumulated Other Comprehensive Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, Old National Bancorp reported net income of 539.19 M. This is 57.79% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 5.57% higher than that of the company.

Old Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Old National's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Old National could also be used in its relative valuation, which is a method of valuing Old National by comparing valuation metrics of similar companies.
Old National is currently under evaluation in net income category among its peers.

Old National ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Old National's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Old National's managers, analysts, and investors.
Environmental
Governance
Social

Old National Institutional Holders

Institutional Holdings refers to the ownership stake in Old National that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Old National's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Old National's value.
Shares
Alyeska Investment Group, L.p.2025-06-30
1.8 M

Old Fundamentals

About Old National Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Old National Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Old National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Old National Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Old National Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Old National Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old National Bancorp Stock:
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old National. Anticipated expansion of Old directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Old National assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.172
Dividend Share
0.56
Earnings Share
1.79
Revenue Per Share
6.329
Quarterly Revenue Growth
0.414
Understanding Old National Bancorp requires distinguishing between market price and book value, where the latter reflects Old's accounting equity. The concept of intrinsic value - what Old National's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Old National's price substantially above or below its fundamental value.
It's important to distinguish between Old National's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Old National should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Old National's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.