Old National Bancorp (ONB)
Company Info
| ISIN | US6800331075 |
|---|---|
| CUSIP | 680033107 |
| Sector | Financial Services |
| Industry | Banks - Regional |
| IPO Date | Mar 26, 1990 |
Highlights
| Market Cap | $7.14B |
|---|---|
| EPS (TTM) | $1.65 |
| PE Ratio | 13.56 |
| PEG Ratio | 2.45 |
| Total Revenue (TTM) | $2.36B |
| Gross Profit (TTM) | $2.64B |
| EBITDA (TTM) | $358.67M |
| Year Range | $13.84 - $22.67 |
| Target Price | $22.69 |
| Short % | 3.55% |
| Short Ratio | 5.17 |
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.
Popular comparisons: ONB vs. WTFC, ONB vs. RF, ONB vs. SPY, ONB vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Old National Bancorp, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Old National Bancorp had a return of 32.25% year-to-date (YTD) and 50.24% in the last 12 months. Over the past 10 years, Old National Bancorp had an annualized return of 7.52%, while the S&P 500 had an annualized return of 11.31%, indicating that Old National Bancorp did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 32.25% | 24.72% |
| 1 month | 13.96% | 2.30% |
| 6 months | 26.66% | 12.31% |
| 1 year | 50.24% | 32.12% |
| 5 years (annualized) | 7.22% | 13.81% |
| 10 years (annualized) | 7.52% | 11.31% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.49% | -0.24% | 6.88% | -5.00% | 3.33% | 1.44% | 16.46% | -0.85% | -5.31% | 3.22% | 32.25% | ||
| 2023 | -2.67% | 1.78% | -18.39% | -7.00% | -6.36% | 12.24% | 22.17% | -9.57% | -4.72% | -5.78% | 9.72% | 13.43% | -2.47% |
| 2022 | 1.16% | -0.27% | -9.68% | -7.45% | 5.81% | -6.98% | 17.71% | -3.34% | -1.32% | 18.76% | -1.57% | -5.91% | 2.51% |
| 2021 | 1.39% | 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% |
| 2019 | 4.81% | 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% | -0.80% | -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% | -1.35% | -0.92% | 12.18% | -1.67% | 4.79% | -0.05% |
| 2013 | 12.55% | 1.81% | 1.85% | -11.42% | 10.50% | 3.52% | 4.19% | -8.13% | 8.07% | 2.40% | 7.64% | -1.16% | 33.27% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ONB is 85, placing it in the top 15% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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.
Dividends
Dividend History
Old National Bancorp provided a 2.57% dividend yield over the last twelve months, with an annual payout of $0.56 per share. The company has been increasing its dividends for 13 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 | $0.52 | $0.52 | $0.52 | $0.52 | $0.48 | $0.44 | $0.40 |
Dividend yield | 2.57% | 3.32% | 3.11% | 3.09% | 3.38% | 2.84% | 3.38% | 2.98% | 2.87% | 3.54% | 2.96% | 2.60% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.42 | |
| 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 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.44 |
| 2013 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.40 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
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.
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 2.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -62.96% | Sep 22, 2008 | 116 | Mar 9, 2009 | 2175 | Oct 25, 2017 | 2291 |
| -41.4% | Dec 2, 2004 | 910 | Jul 15, 2008 | 46 | Sep 18, 2008 | 956 |
| -40.79% | Sep 12, 2018 | 420 | May 13, 2020 | 204 | Mar 5, 2021 | 624 |
| -38.4% | Mar 15, 2021 | 545 | May 11, 2023 | 295 | Jul 16, 2024 | 840 |
| -36.35% | Apr 19, 2000 | 242 | Apr 4, 2001 | 806 | Jun 23, 2004 | 1048 |
Volatility
Volatility Chart
The current Old National Bancorp volatility is 16.40%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Old National Bancorp compared to its peers in the Banks - Regional industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for ONB in comparison to other companies of the Banks - Regional industry. Currently, ONB has a PE value of 13.6. This PE ratio falls in the average range for the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for ONB in comparison to other companies of the Banks - Regional industry. Currently, ONB has a PEG value of 2.5. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Old National Bancorp.
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Income Statement
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Discontinued Operations | — |
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Minority Interest | — |
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