8-K Announcements
6Apr 22, 2026·SEC
Feb 19, 2026·SEC
Feb 9, 2026·SEC
Old National Bancorp (ONB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Old National Bancorp (ONB) stock price & volume — 10-year historical chart
Old National Bancorp (ONB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Old National Bancorp (ONB) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $0.61vs $0.60+1.7% | $703Mvs $706M-0.5% |
| Q1 2026 | Jan 21, 2026 | $0.62vs $0.59+5.1% | $714Mvs $706M+1.2% |
| Q4 2025 | Oct 22, 2025 | $0.59vs $0.56+5.0% | $678Mvs $696M-2.5% |
| Q3 2025 | Jul 22, 2025 | $0.53vs $0.51+3.9% | $647Mvs $696M-7.0% |
Old National Bancorp (ONB) competitors in Banks with large fee businesses — business model, growth, and fundamentals comparison
Old National Bancorp (ONB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Old National Bancorp (ONB) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 437.17M | 537.6M | 604.27M | 596.09M | 596.4M | 1.33B | 1.5B | 1.53B | 2.06B |
| NII Growth % | 8.56% | 22.97% | 12.4% | -1.35% | 0.05% | 122.66% | 13.19% | 1.84% | 34.43% |
| Net Interest Margin % | 2.5% | 2.73% | 2.96% | 2.6% | 2.44% | 2.84% | 3.06% | 2.86% | 2.85% |
| Interest Income | 495.34M | 632.04M | 730.39M | 663.31M | 638.65M | 1.45B | 2.21B | 2.6B | 3.27B |
| Interest Expense | 58.17M | 94.44M | 126.11M | 67.21M | 42.25M | 126.27M | 703.67M | 1.07B | 1.21B |
| Loan Loss Provision | 3.05M | 6.97M | 4.75M | 42.88M | -29.62M | 144.8M | 58.89M | 110.62M | 138.24M |
| Non-Interest Income | 176.79M | 181.32M | 199.32M | 239.27M | 214.22M | 399.78M | 333.34M | 354.7M | 439.79M |
| Non-Interest Income % | 26.3% | 22.29% | 21.44% | 26.51% | 25.12% | 21.56% | 13.12% | 12% | 11.86% |
| Total Revenue | 672.12M▲ 0% | 813.36M▲ 21.0% | 929.7M▲ 14.3% | 902.58M▼ 2.9% | 852.87M▼ 5.5% | 1.85B▲ 117.4% | 2.54B▲ 37.0% | 2.96B▲ 16.4% | 3.71B▲ 25.5% |
| Revenue Growth % | 3.33% | 21.01% | 14.3% | -2.92% | -5.51% | 117.38% | 37.01% | 16.38% | 25.48% |
| Non-Interest Expense | 442.24M | 503.27M | 508.49M | 536.93M | 501.38M | 1.04B | 1.03B | 1.09B | 1.49B |
| Efficiency Ratio | 65.8% | 61.88% | 54.69% | 59.49% | 58.79% | 56% | 40.4% | 37.02% | 40.04% |
| Operating Income | 168.66M▲ 0% | 208.68M▲ 23.7% | 290.36M▲ 39.1% | 255.56M▼ 12.0% | 338.86M▲ 32.6% | 544.73M▲ 60.8% | 751.3M▲ 37.9% | 680.44M▼ 9.4% | 874.14M▲ 28.5% |
| Operating Margin % | 25.09% | 25.66% | 31.23% | 28.31% | 39.73% | 29.38% | 29.58% | 23.02% | 23.56% |
| Operating Income Growth % | -15.85% | 23.73% | 39.14% | -11.99% | 32.6% | 60.75% | 37.92% | -9.43% | 28.47% |
| Pretax Income | 168.66M▲ 0% | 208.68M▲ 23.7% | 290.36M▲ 39.1% | 255.56M▼ 12.0% | 338.86M▲ 32.6% | 544.73M▲ 60.8% | 751.3M▲ 37.9% | 680.44M▼ 9.4% | 841.39M▲ 23.7% |
| Pretax Margin % | 25.09% | 25.66% | 31.23% | 28.31% | 39.73% | 29.38% | 29.58% | 23.02% | 22.68% |
| Income Tax | 72.94M | 17.85M | 52.15M | 29.15M | 61.32M | 116.45M | 169.31M | 141.25M | 172.14M |
| Effective Tax Rate % | 43.25% | 8.55% | 17.96% | 11.41% | 18.1% | 21.38% | 22.54% | 20.76% | 20.46% |
| Net Income | 95.72M▲ 0% | 190.83M▲ 99.4% | 238.21M▲ 24.8% | 226.41M▼ 5.0% | 277.54M▲ 22.6% | 428.29M▲ 54.3% | 581.99M▲ 35.9% | 539.19M▼ 7.4% | 669.26M▲ 24.1% |
| Net Margin % | 14.24% | 23.46% | 25.62% | 25.08% | 32.54% | 23.1% | 22.91% | 18.24% | 18.04% |
| Net Income Growth % | -28.7% | 99.35% | 24.83% | -4.95% | 22.58% | 54.32% | 35.89% | -7.35% | 24.12% |
| Net Income (Continuing) | 95.72M | 190.83M | 238.21M | 226.41M | 277.54M | 428.29M | 581.99M | 539.19M | 669.26M |
| EPS (Diluted) | 0.69▲ 0% | 1.22▲ 76.8% | 1.38▲ 13.1% | 1.36▼ 1.4% | 1.67▲ 22.8% | 1.50▼ 10.2% | 1.94▲ 29.3% | 1.68▼ 13.4% | 1.79▲ 6.5% |
| EPS Growth % | -34.29% | 76.81% | 13.11% | -1.45% | 22.79% | -10.18% | 29.33% | -13.4% | 6.55% |
| EPS (Basic) | 0.69 | 1.23 | 1.39 | 1.37 | 1.68 | 1.51 | 1.95 | 1.69 | 1.80 |
| Diluted Shares Outstanding | 138.51M | 156.54M | 172.69M | 166.18M | 165.93M | 276.69M | 291.86M | 311M | 389.55M |
Old National Bancorp (ONB) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 3.49B | 4.44B | 5.66B | 6.56B | 8.2B | 7.5B | 7.89B | 8.69B | 2.28B |
| Cash & Due from Banks | 290.43M | 317.17M | 276.34M | 589.71M | 822.02M | 728.41M | 1.17B | 1.23B | 1.83B |
| Short Term Investments | 3.2B | 4.12B | 5.39B | 5.97B | 7.38B | 6.77B | 6.71B | 7.46B | 453.25M |
| Total Investments | 14.97B | 16.84B | 17.49B | 19.69B | 20.91B | 40.75B | 42.52B | 46.43B | 62.66B |
| Investments Growth % | 18.84% | 12.44% | 3.91% | 12.54% | 6.21% | 94.85% | 4.36% | 9.19% | 34.94% |
| Long-Term Investments | 11.78B | 12.71B | 12.11B | 13.72B | 13.53B | 33.97B | 35.81B | 38.97B | 62.2B |
| Accounts Receivables | 87.1M | 89.46M | 85.12M | 85.31M | 84.11M | 190.52M | 0 | 0 | 0 |
| Goodwill & Intangibles | 905.81M | 1.14B | 1.1B | 1.08B | 1.07B | 2.13B | 2.1B | 2.3B | 2.91B |
| Goodwill | 828.05M | 1.04B | 1.04B | 1.04B | 1.04B | 2B | 2B | 2.18B | 2.43B |
| Intangible Assets | 77.76M | 101.51M | 60.1M | 46.01M | 34.68M | 126.41M | 102.25M | 120.85M | 482.29M |
| PP&E (Net) | 458.07M | 485.91M | 586.4M | 540.61M | 545.75M | 557.31M | 565.4M | 588.97M | 690.82M |
| Other Assets | 692.9M | 774.73M | 842.11M | 973.53M | 1.02B | 2.41B | 2.73B | 3.01B | 4.07B |
| Total Current Assets | 3.57B | 4.53B | 5.75B | 6.65B | 8.29B | 7.69B | 7.89B | 8.69B | 2.28B |
| Total Non-Current Assets | 13.94B | 15.2B | 14.67B | 16.32B | 16.17B | 39.07B | 41.2B | 44.87B | 69.87B |
| Total Assets | 17.52B▲ 0% | 19.73B▲ 12.6% | 20.41B▲ 3.5% | 22.96B▲ 12.5% | 24.45B▲ 6.5% | 46.76B▲ 91.2% | 49.09B▲ 5.0% | 53.55B▲ 9.1% | 72.15B▲ 34.7% |
| Asset Growth % | 17.89% | 12.62% | 3.46% | 12.49% | 6.5% | 91.23% | 4.98% | 9.09% | 34.73% |
| Return on Assets (ROA) | 0.59% | 1.02% | 1.19% | 1.04% | 1.17% | 1.2% | 1.21% | 1.05% | 1.06% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 2.58B | 2.49B | 2.84B | 2.76B | 2.65B | 5.59B | 5.33B | 5.41B | 7.45B |
| Net Debt | 2.29B | 2.18B | 2.57B | 2.17B | 1.83B | 4.86B | 4.16B | 4.18B | 5.63B |
| Long-Term Debt | 1.85B | 1.86B | 2.06B | 2.23B | 2.17B | 4.56B | 5.02B | 5.12B | 7.06B |
| Short-Term Debt | 719.84M | 632.43M | 678.2M | 432.33M | 392.55M | 1.01B | 285.6M | 269.36M | 361.56M |
| Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 976.83M | 1.12B |
| Total Current Liabilities | 13.51B | 15.18B | 15.39B | 17.66B | 19.18B | 37.06B | 38.48B | 41.09B | 55.45B |
| Total Non-Current Liabilities | 1.86B | 1.86B | 2.17B | 2.33B | 2.26B | 4.57B | 5.05B | 6.12B | 8.21B |
| Total Liabilities | 15.36B | 17.04B | 17.56B | 19.99B | 21.44B | 41.63B | 43.53B | 47.21B | 63.66B |
| Total Equity | 2.15B▲ 0% | 2.69B▲ 24.8% | 2.85B▲ 6.1% | 2.97B▲ 4.2% | 3.01B▲ 1.3% | 5.13B▲ 70.3% | 5.56B▲ 8.5% | 6.34B▲ 14.0% | 8.49B▲ 34.0% |
| Equity Growth % | 18.74% | 24.84% | 6.06% | 4.21% | 1.32% | 70.27% | 8.47% | 13.98% | 33.98% |
| Equity / Assets (Capital Ratio) | 12.3% | 13.63% | 13.97% | 12.95% | 12.32% | 10.97% | 11.33% | 11.84% | 11.77% |
| Return on Equity (ROE) | 4.82% | 7.88% | 8.6% | 7.77% | 9.28% | 10.52% | 10.89% | 9.06% | 9.02% |
| Book Value per Share | 15.55 | 17.18 | 16.52 | 17.89 | 18.15 | 18.54 | 19.06 | 20.39 | 21.81 |
| Tangible BV per Share | 9.01 | 9.91 | 10.16 | 11.37 | 11.69 | 10.86 | 11.86 | 13.00 | 14.34 |
| Common Stock | 152.04M | 175.14M | 169.62M | 165.37M | 165.84M | 292.9M | 292.65M | 318.98M | 389.66M |
| Additional Paid-in Capital | 1.64B | 2.03B | 1.94B | 1.88B | 1.88B | 4.17B | 4.16B | 4.57B | 5.94B |
| Retained Earnings | 413.13M | 527.68M | 682.18M | 783.89M | 968.01M | 1.22B | 1.62B | 1.97B | 2.41B |
| Accumulated OCI | -50.27M | -44.95M | 56.21M | 147.77M | -2.38M | -786.42M | -738.81M | -746.04M | -478.67M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 230.5M | 230.5M | 230.5M | 230.5M |
Old National Bancorp (ONB) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 250.08M | 234.41M | 233.76M | 219.82M | 330.38M | 814.42M | 516.34M | 622.28M | 681.47M |
| Operating CF Growth % | 908.11% | -6.27% | -0.28% | -5.96% | 50.3% | 146.51% | -36.6% | 20.52% | 9.51% |
| Net Income | 95.72M | 190.83M | 238.21M | 226.41M | 277.54M | 428.29M | 581.99M | 539.19M | 669.26M |
| Depreciation & Amortization | 34.02M | 38.22M | 43.63M | 43M | 38.61M | 62.29M | 62.34M | 65.63M | 123.6M |
| Deferred Taxes | 11.73M | 22.95M | 2.75M | 18.79M | 6.77M | 10.96M | 15.37M | 13.33M | 0 |
| Other Non-Cash Items | 44.97M | -24.29M | -48.93M | 26.37M | -11.27M | 64.85M | 24.73M | 83.04M | 49.38M |
| Working Capital Changes | 57.36M | -1.41M | -9.89M | -102.46M | 11.23M | 219.38M | -195.99M | -111.19M | -198.99M |
| Cash from Investing | -536.4M | -271.42M | -525.4M | -2.14B | -1.43B | -1.69B | -1.82B | -1.37B | -1.83B |
| Purchase of Investments | -874.55M | -663.34M | -2.37B | -2.8B | -3.33B | -1.62B | -1.11B | -1.85B | -4.64B |
| Sale/Maturity of Investments | 838.86M | 614.28M | 1.73B | 2.33B | 1.71B | 1.44B | 1.28B | 1.46B | 3.96B |
| Net Investment Activity | -35.7M | -49.06M | -640.98M | -473.84M | -1.62B | -173.76M | 167.15M | -391.11M | -687.61M |
| Acquisitions | 2.56M | -149.9M | 0 | 0 | 0 | 1.91B | 0 | 177.79M | 137.49M |
| Other Investing | -465.96M | -39.07M | 153M | -1.64B | 238.82M | -3.39B | -1.95B | -1.13B | -1.24B |
| Cash from Financing | 321.23M | 63.74M | 250.82M | 2.24B | 1.33B | 777.48M | 1.75B | 802.59M | 1.75B |
| Dividends Paid | -72.6M | -82.16M | -89.47M | -92.95M | -92.83M | -177.62M | -180.03M | -191.16M | -225.12M |
| Share Repurchases | -2.76M | -1.8M | -102.41M | -82.36M | -3.73M | -71.18M | -44.31M | -8.88M | -71.8M |
| Stock Issued | 404K | 497K | 567K | 577K | 583K | 809K | 1.08M | 1.03M | 444.32M |
| Net Stock Activity | -2.36M | -1.31M | -101.85M | -81.78M | -3.15M | -70.37M | -43.23M | -7.85M | 372.53M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | 1000K |
| Other Financing | 158.94M | 155.6M | -1.32M | 2.24B | 1.49B | 50.83M | 1.51B | 1.01B | 1.4B |
| Net Change in Cash | 34.91M▲ 0% | 26.73M▼ 23.4% | -40.83M▼ 252.7% | 313.38M▲ 867.5% | 232.31M▼ 25.9% | -93.61M▼ 140.3% | 446.65M▲ 577.2% | 52.91M▼ 88.2% | 598.21M▲ 1030.6% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 255.52M | 290.43M | 317.17M | 276.34M | 589.71M | 822.02M | 728.41M | 1.18B | 1.23B |
| Cash at End | 290.43M | 317.17M | 276.34M | 589.71M | 822.02M | 728.41M | 1.18B | 1.23B | 1.83B |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 212.78M▲ 0% | 201.02M▼ 5.5% | 196.33M▼ 2.3% | 188.95M▼ 3.8% | 281.69M▲ 49.1% | 776.52M▲ 175.7% | 477.97M▼ 38.4% | 592.01M▲ 23.9% | 637.41M▲ 7.7% |
| FCF Growth % | 206.47% | -5.53% | -2.33% | -3.76% | 49.08% | 175.67% | -38.45% | 23.86% | 7.67% |
Old National Bancorp (ONB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 8.12% | 4.82% | 7.88% | 8.6% | 7.77% | 9.28% | 10.52% | 10.89% | 9.06% | 9.02% |
| Return on Assets (ROA) | 1% | 0.59% | 1.02% | 1.19% | 1.04% | 1.17% | 1.2% | 1.21% | 1.05% | 1.06% |
| Net Interest Margin | 2.71% | 2.5% | 2.73% | 2.96% | 2.6% | 2.44% | 2.84% | 3.06% | 2.86% | 2.85% |
| Efficiency Ratio | 62.21% | 65.8% | 61.88% | 54.69% | 59.49% | 58.79% | 56% | 40.4% | 37.02% | 40.04% |
| Equity / Assets | 12.21% | 12.3% | 13.63% | 13.97% | 12.95% | 12.32% | 10.97% | 11.33% | 11.84% | 11.77% |
| Book Value / Share | 14.14 | 15.55 | 17.18 | 16.52 | 17.89 | 18.15 | 18.54 | 19.06 | 20.39 | 21.81 |
| NII Growth | 9.99% | 8.56% | 22.97% | 12.4% | -1.35% | 0.05% | 122.66% | 13.19% | 1.84% | 34.43% |
| Dividend Payout | 50.3% | 75.85% | 43.05% | 37.56% | 41.05% | 33.45% | 41.47% | 30.93% | 35.45% | 33.64% |
Old National Bancorp (ONB) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 22, 2026·SEC
Feb 19, 2026·SEC
Feb 9, 2026·SEC
Old National Bancorp (ONB) stock FAQ — growth, dividends, profitability & financials explained
Old National Bancorp (ONB) grew revenue by 25.5% over the past year. This is strong growth.
Yes, Old National Bancorp (ONB) is profitable, generating $669.3M in net income for fiscal year 2025 (18.0% net margin).
Yes, Old National Bancorp (ONB) pays a dividend with a yield of 2.35%. This makes it attractive for income-focused investors.
Old National Bancorp (ONB) has a return on equity (ROE) of 9.0%. This is below average, suggesting room for improvement.
Old National Bancorp (ONB) has a net interest margin (NIM) of 2.9%. NIM has been under pressure due to interest rate environment.
Old National Bancorp (ONB) has an efficiency ratio of 40.0%. This is excellent, indicating strong cost control.
Old National Bancorp (ONB) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates