Old National Bancorp Stock Today

ONB Stock  USD 23.89  0.03  0.13%   

Performance

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Strong

Odds Of Distress

Low

 
High
 
Low
Old National is trading at 23.89 as of the 16th of February 2025, a 0.13% increase since the beginning of the trading day. The stock's open price was 23.86. Old National has only a 8 % chance of going through financial distress over the next few years and had a ok performance during the last 90 days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. Click here to learn more.
Business Domain
Banks
IPO Date
26th of March 1990
Category
Financial Services
Classification
Financials
Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana. The company has 318.99 M outstanding shares of which 36.33 M shares are now shorted by investors with about 10.17 days to cover. More on Old National Bancorp

Moving together with Old Stock

  0.73DB Deutsche Bank AG Normal TradingPairCorr

Moving against Old Stock

  0.32ECBK ECB BancorpPairCorr
Follow Valuation Options Odds of Bankruptcy
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Old Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Executive ChairmanMichael Scudder
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, SP Midcap 400, NASDAQ Composite, NASDAQ Financial 100, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01040.0136
Way Down
Slightly volatile
Asset Turnover0.04940.0413
Fairly Up
Slightly volatile
Gross Profit Margin0.780.88
Fairly Down
Slightly volatile
Total Current Liabilities334.5 M352.1 M
Notably Down
Pretty Stable
Non Current Liabilities Total45.3 B43.2 B
Sufficiently Up
Slightly volatile
Total Assets59.3 B56.5 B
Sufficiently Up
Slightly volatile
Total Current Assets4.8 B8.2 B
Way Down
Pretty Stable
Total Cash From Operating Activities623.5 M593.8 M
Sufficiently Up
Slightly volatile
Debt Levels
Old National can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Old National's financial leverage. It provides some insight into what part of Old National's total assets is financed by creditors.
Liquidity
Old National Bancorp has 5.05 B in debt with debt to equity (D/E) ratio of 7.04, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Note however, debt could still be an excellent tool for Old to invest in growth at high rates of return.

Change In Cash

539.33 Million
Old National Bancorp (ONB) is traded on NASDAQ Exchange in USA. It is located in One Main Street, Evansville, IN, United States, 47708 and employs 4,066 people. Old National is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 7.62 B. Old National Bancorp runs under Banks sector within Financials industry. The entity has 318.99 M outstanding shares of which 36.33 M shares are now shorted by investors with about 10.17 days to cover. Old National Bancorp has about 466.85 M in cash with 516.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.59.
Check Old National Probability Of Bankruptcy
Ownership Allocation
Old National owns a total of 318.99 Million outstanding shares. The majority of Old National Bancorp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Old National Bancorp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Old National. Please pay attention to any change in the institutional holdings of Old National Bancorp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Old Ownership Details

Old Stock Institutional Holders

InstituionRecorded OnShares
Verition Fund Managegment, Llc2024-09-30
4.2 M
Fisher Asset Management, Llc2024-12-31
4.1 M
Silvercrest Asset Management Group Llc2024-09-30
M
Charles Schwab Investment Management Inc2024-12-31
3.7 M
Northern Trust Corp2024-09-30
3.6 M
Morgan Stanley - Brokerage Accounts2024-09-30
3.5 M
Bank Of New York Mellon Corp2024-12-31
3.4 M
Pzena Investment Management, Llc Usd2024-09-30
M
Pzena Investment Management, Llc Usd2024-09-30
M
Blackrock Inc2024-09-30
39.4 M
Vanguard Group Inc2024-09-30
33.6 M
View Old National Diagnostics

Old National Historical Income Statement

At present, Old National's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 1.2 B, whereas Total Other Income Expense Net is forecasted to decline to (84.9 M). View More Fundamentals

Old Stock Against Markets

Old National Corporate Management

Jeffrey KnightChief Legal Counsel, Executive VP and Corporate SecretaryProfile
Scott EvernhamChief OfficerProfile
Corliss GarnerEquity DiversityProfile
Kathy SchoettlinCulture CommunicationsProfile
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:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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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
0.068
Dividend Share
0.56
Earnings Share
1.68
Revenue Per Share
5.692
Quarterly Revenue Growth
0.028
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.