Old National Bancorp
ONB
Market cap $6.28B

19.68 USD

+0.10

0.51%

At close Oct 17, 4:00 PM EDT

1 day

0.51%

5 days

7.25%

1 month

4.02%

3 months

-0.25%

6 months

26.72%

Year to date

15.63%

1 year

34.70%

5 years

15.16%

About: Old National Bancorp with almost $10 billion in assets following its latest acquisition, Old National Bancorp is a financial services bank holding company headquartered in Indiana. Based in Evansville, Ind., Old National owns multiple financial services operations in Indiana, Illinois, and Kentucky. The company provides a group of similar community banking services, including such products and services as commercial, real estate, and consumer loans; deposits; and brokerage, trust, and investment advisory services.

Employees: 3,955

Financials National Commercial Banks

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

58,869% more call options, than puts

Call options by funds: $88.5M | Put options by funds: $150K

44% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 34

20% more repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 105

5% more funds holding

Funds holding: 312 [Q1] → 327 (+15) [Q2]

4% more capital invested

Capital invested by funds: $4.3B [Q1] → $4.45B (+$154M) [Q2]

3.2% less ownership

Funds ownership: 84.52% [Q1] → 81.33% (-3.2%) [Q2]

50% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 2 (-2) [Q2]

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$22

12%

upside

Avg. target

$23

17%

upside

High target

$24

22%

upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

Barclays Jared Shaw 78% 1-year accuracy 28 / 36 met price target	22%upside $24	Overweight Maintained	27 Sept 2024
RBC Capital Jon Arfstrom 89% 1-year accuracy 47 / 53 met price target	12%upside $22	Sector Perform Maintained	24 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about ONB published over the past 30 days

Old National Bank Recognized as 2024 Leading Disability Employer

EVANSVILLE, Ind., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Honoring National Disability Employment Awareness Month in October, the National Organization on Disability (NOD) named Old National Bank as one of only 59 Leading Disability Employers for 2024.

Old National Bank Recognized as 2024 Leading Disability Employer

Old National Bancorp: Upgrading To Buy, Earnings Likely To Rebound Soon

Rate cuts will initially have a favorable, and then have a detrimental impact on Old National Bancorp's net interest margin. Organic loan growth will likely be as high as last year's level as strong demand in the residential loan segment will counter the weakness in the commercial loan segment. The December 2025 target price suggests a high upside from the current market price. Further, ONB is offering a decent dividend yield.

Old National Bancorp: Upgrading To Buy, Earnings Likely To Rebound Soon

Old National Bancorp Announces Schedule for Third-Quarter 2024 Earnings Release and Conference Call

EVANSVILLE, Ind., Oct. 08, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”), the holding company of Old National Bank, today announced the following schedule for its third-quarter 2024 earnings release and conference call:

Old National Bancorp Announces Schedule for Third-Quarter 2024 Earnings Release and Conference Call

Infosys' Collaboration with Old National is Accelerating the Bank's Operational and Technological Transformation

EVANSVILLE, Indiana , Oct. 8, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and Old National Bank (NASDAQ: ONB), the sixth largest commercial bank headquartered in the Midwest, recently entered into a strategic expansion of their four-year collaboration. This deepening of a highly successful relationship enables Old National to leverage Infosys services, solutions and platforms for operations transformation and process digitization powered by automation and GenAI, and transformation of key business areas.

Infosys' Collaboration with Old National is Accelerating the Bank's Operational and Technological Transformation

Old National Team Members Volunteer a Record 7,600 Hours to 196 Organizations

EVANSVILLE, Ind., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National”) set records for team member volunteer participation, hours, and organizations served during its 3rd annual Better Together Days, a two-day volunteer blitz held on Sept.

Old National Team Members Volunteer a Record 7,600 Hours to 196 Organizations

Old National to Present at the 2024 Barclays Global Financial Services Conference

EVANSVILLE, Ind., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) announced today that its Chairman and Chief Executive Officer Jim Ryan will present at the 2024 Barclays Global Financial Services Conference in New York, NY at 2:00 p.m. ET on Tuesday, September 10, 2024.

Old National to Present at the 2024 Barclays Global Financial Services Conference

Old National Bancorp Announces Quarterly Dividends

EVANSVILLE, Ind., Aug. 21, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (the “Company” or “Old National”) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share on the Company's outstanding shares of common stock. This quarterly cash dividend will be payable on September 16, 2024, to shareholders of record as of the close of business on September 5, 2024.

Old National Bancorp Announces Quarterly Dividends

Zacks Investment Research

Here's Why Old National (ONB) Stock is Worth Buying Right Now

Old National (ONB) is likely to benefit from its strategic initiatives, solid loan demand, high rates and decent liquidity. These factors make the stock an attractive pick for investors.

Here's Why Old National (ONB) Stock is Worth Buying Right Now

Old National Receives Top Score on Disability Workplace Inclusion

EVANSVILLE, Ind., July 24, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”) has received a top score of 100 on the Disability Equality Index®, the world's most comprehensive benchmarking tool for Fortune 1000 scope companies to measure disability workplace inclusion inside their organization and to assess performance across industry sectors.

Old National Receives Top Score on Disability Workplace Inclusion

Still On The Sidelines With Old National Bancorp

Old National Bancorp stock moved sideways in 2024 and recently surged with the sector and market, but mixed Q2 results keep us neutral. Strong headline earnings with revenue up 2.6%, loan growth due to CapStar acquisition, net interest income increased. Asset quality mixed with loan loss provision expense, net charge-offs up, but nonaccrual loans improved. Return metrics weakened from Q1.

Still On The Sidelines With Old National Bancorp

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