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

Company Info

ISIN

US6800331075

CUSIP

680033107

Sector

Financial Services

IPO Date

Mar 26, 1990

Highlights

Market Cap

$7.62B

EPS (TTM)

$1.65

PE Ratio

13.55

PEG Ratio

2.45

Total Revenue (TTM)

$2.55B

Gross Profit (TTM)

$2.64B

EBITDA (TTM)

$576.80M

Year Range

$14.90 - $23.62

Target Price

$26.78

Short %

13.88%

Short Ratio

10.67

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
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.


-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
32.00%
7.29%
ONB (Old National Bancorp)
Benchmark (^GSPC)

Returns By Period

Old National Bancorp had a return of 29.27% year-to-date (YTD) and 27.91% in the last 12 months. Over the past 10 years, Old National Bancorp had an annualized return of 7.23%, while the S&P 500 had an annualized return of 11.01%, indicating that Old National Bancorp did not perform as well as the benchmark.


ONB

YTD

29.27%

1M

0.42%

6M

32.99%

1Y

27.91%

5Y*

6.13%

10Y*

7.23%

^GSPC (Benchmark)

YTD

23.11%

1M

-0.36%

6M

7.02%

1Y

23.15%

5Y*

12.80%

10Y*

11.01%

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
2024-2.49%-0.24%6.88%-5.00%3.33%1.44%16.46%-0.85%-5.31%3.22%20.25%29.27%
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%17.71%-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%-0.80%-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%6.21%-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%
201312.55%1.80%1.85%-11.42%10.50%3.52%4.19%-8.13%8.07%2.39%7.64%-1.16%33.27%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 79, ONB is among the top 21% 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 7979
Overall Rank
The Sharpe Ratio Rank of ONB is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of ONB is 7676
Sortino Ratio Rank
The Omega Ratio Rank of ONB is 7171
Omega Ratio Rank
The Calmar Ratio Rank of ONB is 8787
Calmar Ratio Rank
The Martin Ratio Rank of ONB is 8282
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.


Sharpe ratio
The chart of Sharpe ratio for ONB, currently valued at 0.95, compared to the broader market-4.00-2.000.002.000.951.90
The chart of Sortino ratio for ONB, currently valued at 1.67, compared to the broader market-4.00-2.000.002.004.001.672.54
The chart of Omega ratio for ONB, currently valued at 1.20, compared to the broader market0.501.001.502.001.201.35
The chart of Calmar ratio for ONB, currently valued at 1.62, compared to the broader market0.002.004.006.001.622.81
The chart of Martin ratio for ONB, currently valued at 5.36, compared to the broader market0.0010.0020.005.3612.39
ONB
^GSPC

The current Old National Bancorp Sharpe ratio is 0.95. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Old National Bancorp with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.95
1.90
ONB (Old National Bancorp)
Benchmark (^GSPC)

Dividends

Dividend History

Old National Bancorp provided a 2.64% 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.


2.60%2.80%3.00%3.20%3.40%3.60%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
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

2.64%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$0.00$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
5.0%10.0%15.0%20.0%2.6%
Old National Bancorp has a dividend yield of 2.64%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%800.0%30.6%
Old National Bancorp has a payout ratio of 30.60%, 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.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.39%
-3.58%
ONB (Old National Bancorp)
Benchmark (^GSPC)

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 8.39%.


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
-36.27%Apr 19, 2000242Apr 4, 2001806Jun 23, 20041048

Volatility

Volatility Chart

The current Old National Bancorp volatility is 9.14%, 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.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
9.14%
3.64%
ONB (Old National Bancorp)
Benchmark (^GSPC)

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

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
20.040.060.080.0100.0120.013.5
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 13.5. This PE ratio falls in the average range for the industry.
PEG Ratio
-5.00.05.010.015.02.5
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.


Loading data...

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
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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