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Old National Bancorp (ONB)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US6800331075

CUSIP

680033107

IPO Date

Mar 26, 1990

Highlights

Market Cap

$7.92B

EPS (TTM)

$1.72

PE Ratio

12.44

PEG Ratio

2.45

Total Revenue (TTM)

$2.14B

Gross Profit (TTM)

$2.22B

EBITDA (TTM)

$821.48M

Year Range

$15.29 - $24.34

Target Price

$25.11

Short %

16.87%

Short Ratio

13.47

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

Old National Bancorp (ONB) returned -0.78% year-to-date (YTD) and 27.37% over the past 12 months. Over the past 10 years, ONB returned 7.89% annually, underperforming the S&P 500 benchmark at 10.45%.


ONB

YTD

-0.78%

1M

8.63%

6M

-0.85%

1Y

27.37%

5Y*

13.41%

10Y*

7.89%

^GSPC (Benchmark)

YTD

-3.77%

1M

3.72%

6M

-5.60%

1Y

8.55%

5Y*

14.11%

10Y*

10.45%

*Annualized

Monthly Returns

The table below presents the monthly returns of ONB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20259.88%-0.42%-10.22%-2.83%3.93%-0.78%
2024-2.49%-0.24%6.88%-5.00%3.33%1.44%16.46%-0.85%-5.31%3.22%20.25%-5.71%32.48%
2023-2.67%1.77%-18.39%-7.00%-6.36%12.24%22.17%-9.57%-4.72%-5.78%9.72%13.43%-2.47%
20221.16%-0.27%-9.68%-7.45%5.81%-6.98%17.72%-3.34%-1.32%18.76%-1.57%-5.91%2.51%
20211.39%8.80%6.67%-2.28%1.54%-7.56%-8.63%4.42%1.74%0.77%3.40%3.41%12.89%
2020-2.08%-11.26%-16.31%7.43%-3.13%1.25%1.67%0.91%-10.16%11.31%14.20%4.61%-6.07%
20194.81%10.97%-7.76%4.15%-5.92%4.08%6.15%-3.86%2.41%4.59%1.19%1.16%22.41%
2018-0.86%-0.99%-0.59%1.78%5.11%3.62%4.57%5.05%-4.93%-7.51%5.66%-17.78%-9.23%
2017-2.20%4.10%-5.45%-3.17%-5.18%9.18%-5.51%1.11%11.93%-0.55%0.99%-4.38%-0.91%
2016-9.14%-8.35%9.23%9.93%-0.81%-4.79%5.03%8.61%-0.71%4.55%16.87%6.45%39.12%
2015-9.88%5.97%0.71%-3.73%0.50%6.25%-0.48%-3.26%0.94%0.50%6.22%-8.07%-5.71%
2014-8.91%1.02%6.27%-5.30%-3.41%5.54%-6.30%-1.34%-0.92%12.18%-1.67%4.79%-0.05%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 78, ONB is among the top 22% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of ONB is 7878
Overall Rank
The Sharpe Ratio Rank of ONB is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of ONB is 7474
Sortino Ratio Rank
The Omega Ratio Rank of ONB is 7474
Omega Ratio Rank
The Calmar Ratio Rank of ONB is 8585
Calmar Ratio Rank
The Martin Ratio Rank of ONB is 8080
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Old National Bancorp (ONB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Old National Bancorp Sharpe ratios as of May 10, 2025 (values are recalculated daily):

  • 1-Year: 0.77
  • 5-Year: 0.41
  • 10-Year: 0.26
  • All Time: 0.21

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Old National Bancorp compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Old National Bancorp provided a 2.62% dividend yield over the last twelve months, with an annual payout of $0.56 per share. The company has been increasing its dividends for 14 consecutive years.


2.60%2.80%3.00%3.20%3.40%3.60%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.56$0.56$0.56$0.56$0.56$0.56$0.52$0.52$0.52$0.52$0.48$0.44

Dividend yield

2.62%2.58%3.32%3.11%3.09%3.38%2.84%3.38%2.98%2.87%3.54%2.96%

Monthly Dividends

The table displays the monthly dividend distributions for Old National Bancorp. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.14$0.00$0.00$0.14
2024$0.00$0.00$0.14$0.00$0.00$0.14$0.00$0.00$0.14$0.00$0.00$0.14$0.56
2023$0.00$0.14$0.00$0.00$0.14$0.00$0.00$0.14$0.00$0.00$0.14$0.00$0.56
2022$0.00$0.00$0.14$0.00$0.14$0.00$0.00$0.14$0.00$0.00$0.14$0.00$0.56
2021$0.00$0.14$0.00$0.00$0.14$0.00$0.00$0.14$0.00$0.00$0.00$0.14$0.56
2020$0.00$0.14$0.00$0.00$0.14$0.00$0.00$0.14$0.00$0.00$0.14$0.00$0.56
2019$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.52
2018$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.52
2017$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.52
2016$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.52
2015$0.00$0.12$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.48
2014$0.11$0.00$0.00$0.11$0.00$0.00$0.11$0.00$0.00$0.11$0.00$0.44

Dividend Yield & Payout


Dividend Yield

Old National Bancorp has a dividend yield of 2.62%, which is quite average when compared to the overall market.

Payout Ratio

Old National Bancorp has a payout ratio of 30.11%, which is quite average when compared to the overall market. This suggests that Old National Bancorp strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Old National Bancorp. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Old National Bancorp was 62.96%, occurring on Mar 9, 2009. Recovery took 2175 trading sessions.

The current Old National Bancorp drawdown is 11.92%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-62.96%Sep 22, 2008116Mar 9, 20092175Oct 25, 20172291
-41.4%Dec 2, 2004910Jul 15, 200846Sep 18, 2008956
-40.79%Sep 12, 2018420May 13, 2020204Mar 5, 2021624
-38.4%Mar 15, 2021545May 11, 2023295Jul 16, 2024840
-36.35%Apr 19, 2000242Apr 4, 2001806Jun 23, 20041048

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Old National Bancorp over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Earnings Per Share

The chart presents the Earnings Per Share (EPS) performance of Old National Bancorp, comparing actual results with analytics estimates. The company has exceeded analyst expectations for EPS in the past quarter, achieving a 4.7% positive surprise.


0.100.200.300.400.500.6020212022202320242025
0.45
0.43
Actual
Estimate

Valuation

The Valuation section provides an overview of how Old National Bancorp is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for ONB, comparing it with other companies in the Banks - Regional industry. Currently, ONB has a P/E ratio of 12.4. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for ONB compared to other companies in the Banks - Regional industry. ONB currently has a PEG ratio of 2.5. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for ONB relative to other companies in the Banks - Regional industry. Currently, ONB has a P/S ratio of 4.4. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for ONB in comparison with other companies in the Banks - Regional industry. Currently, ONB has a P/B value of 1.3. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items