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Old National Bancorp (ONB)

Listed on NASDAQ • Financial Services / Banks - Regional
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Overview

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. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers 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. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking 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, 2021, it operated a total of 162 banking centers located primarily in the states of Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.

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Key Information

Symbol: ONB
CEO: James C. Ryan III
Exchange: NASDAQ
CIK: 0000707179
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
20.68
Change
0.23
Change %
1.12%
Open
20.46
Previous Close
20.45
High
20.88
Low
20.33
Volume
2,150,508
Market Cap
8,081,185,792
EV/EBITDA
0

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
390,773,000
FloatShares
387,482,691
Float Ratio
99.16%
Shares Short
20,363,866
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
6.35%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
3.59 trading days
Held Percent Insiders
0.65%
Held Percent Institutions
94.83%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date (Estimated) 2026-01-20
Earnings Call (Estimated) 2025-10-22
Avg EPS Estimate 0.5886
Low EPS Estimate 0.58
High EPS Estimate 0.6
Revenue
Avg Revenue Forecast 706,001,930
Low Revenue Forecast 698,000,000
High Revenue Forecast 712,621,000

ONB Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$1,864,416,000Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio0The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio0The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$7,276,959,744Total liabilities, used together with cash and liquidity ratios to assess debt burden.

ONB Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$0EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$758,043,008Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$0Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin0.00%Gross margin; a higher value indicates stronger product profitability.
Operating Margin40.65%Operating margin; slightly negative, indicating high operating costs.
Profit Margin28.73%Net profit margin, which reflects overall profitability.

ONB Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio0.00%Low leverage level, indicating the company has low debt pressure.
Total Debt$7,276,959,744Used together with cash and EBITDA to assess debt-paying ability.

ONB Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)47.80%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)4.30%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for ONB (Key ratios, margins, and cash flow)

Field Value Description
Current Price$20.68Latest stock trading price
Price Target (High)$29Analyst highest expected price
Price Target (Low)$22Analyst lowest expected price
Price Target (Average)$25.75Average target price across analysts
Price Target (Median)$26Median of target prices
Average Rating Score1.92Average analyst rating (1=Strong Buy, 5=Sell)
Consensus RecommendationbuyConsensus rating
Analyst Coverage Count12Number of analysts providing estimates
Cash Holdings$1,864,416,000Total cash held by the company
Cash per Share$4.77Cash value per outstanding share
Total Debt$7,276,959,744Company's total debt
Quick Ratio0Ability to cover short-term liabilities (excludes inventory)
Current Ratio0Overall short-term liquidity
Debt/Equity Ratio0.00%Leverage ratio: Debt / Equity
EBITDA$0Earnings before interest, taxes, depreciation & amortization
Total Revenue$2,110,914,944Total company revenue
Revenue per Share$6.111Total revenue divided by shares outstanding
Gross Profit0.00%Revenue minus cost of goods sold
Return on Assets0.97%Net income / Total assets
Return on Equity8.27%Net income / Shareholder equity
Earnings Growth (YoY)4.30%Year-over-year EPS growth
Revenue Growth (YoY)47.80%Year-over-year revenue growth
Gross Margin0.00%Gross profit / Total revenue
EBITDA Margin0.00%EBITDA / Revenue
Operating Margin40.65%Operating income / Revenue
Profit Margin28.73%Net income / Revenue
Free Cash Flow$0Cash left after capital expenditures
Operating Cash Flow$758,043,008Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo