Old National Net Income vs. Price To Earning
ONB Stock | USD 23.14 0.20 0.87% |
Net Income | First Reported 1989-06-30 | Previous Quarter 121.2 M | Current Value 143.8 M | Quarterly Volatility 35.8 M |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.78 | 0.88 |
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Net Profit Margin | 0.18 | 0.3303 |
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Operating Profit Margin | 0.77 | 0.4722 |
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Pretax Profit Margin | 0.22 | 0.4263 |
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Return On Assets | 0.0104 | 0.0119 |
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Return On Equity | 0.11 | 0.1046 |
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For Old National profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Old National to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Old National Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Old National's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Old National Bancorp over time as well as its relative position and ranking within its peers.
Old |
Old National's Revenue Breakdown by Earning Segment
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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. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Dividend Share 0.56 | Earnings Share 1.65 | Revenue Per Share 5.767 | Quarterly Revenue Growth 0.046 |
The market value of Old National Bancorp is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old National's value that differs from its market value or its book value, called intrinsic value, which is Old National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old National's market value can be influenced by many factors that don't directly affect Old National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Old National Bancorp Price To Earning vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Old National's current stock value. Our valuation model uses many indicators to compare Old National value to that of its competitors to determine the firm's financial worth. Old National Bancorp is considered to be number one stock in net income category among its peers. It is rated below average in price to earning category among its peers . The ratio of Net Income to Price To Earning for Old National Bancorp is about 53,788,540 . At present, Old National's Net Income is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Old National's earnings, one of the primary drivers of an investment's value.Old Price To Earning vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Old National |
| = | 581.99 M |
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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Old National |
| = | 10.82 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Old Price To Earning Comparison
Old National is currently under evaluation in price to earning category among its peers.
Old National Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Old National, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Old National will eventually generate negative long term returns. The profitability progress is the general direction of Old National's change in net profit over the period of time. It can combine multiple indicators of Old National, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last Reported | Projected for Next Year | ||
Accumulated Other Comprehensive Income | -738.8 M | -701.9 M | |
Operating Income | 751.3 M | 788.9 M | |
Net Income | 582 M | 611.1 M | |
Income Tax Expense | 169.3 M | 177.8 M | |
Income Before Tax | 751.3 M | 788.9 M | |
Total Other Income Expense Net | 751.3 M | 788.9 M | |
Net Income Applicable To Common Shares | 476.3 M | 500.1 M | |
Net Income From Continuing Ops | 650.2 M | 682.8 M | |
Non Operating Income Net Other | 876.6 K | 779.2 K | |
Net Interest Income | 1.5 B | 1.6 B | |
Interest Income | 2.1 B | 2.2 B | |
Change To Netincome | 256.3 M | 269.1 M | |
Net Income Per Share | 2.00 | 2.10 | |
Income Quality | 0.89 | 1.18 | |
Net Income Per E B T | 0.77 | 0.62 |
Old Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Old National. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Old National position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Old National's important profitability drivers and their relationship over time.
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To fully project Old National's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Old National Bancorp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Old National's income statement, its balance sheet, and the statement of cash flows.