Old National Bancorp
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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
411,265% more call options, than puts
Call options by funds: $107M | Put options by funds: $26K
48% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 29
8% more capital invested
Capital invested by funds: $4.56B [Q2] → $4.93B (+$370M) [Q3]
4% more funds holding
Funds holding: 327 [Q2] → 339 (+12) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
0.33% less ownership
Funds ownership: 83.22% [Q2] → 82.89% (-0.33%) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 114
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$25
6%
upside
Avg. target
$27
14%
upside
High target
$28
18%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
Barclays Jared Shaw 69% 1-year accuracy 48 / 70 met price target | 14%upside $27 | Overweight Maintained | 20 Dec 2024 |
Raymond James David Long 77% 1-year accuracy 10 / 13 met price target | 18%upside $28 | Strong Buy Upgraded | 26 Nov 2024 |
RBC Capital Jon Arfstrom 92% 1-year accuracy 45 / 49 met price target | 6%upside $25 | Sector Perform Maintained | 26 Nov 2024 |
Keefe, Bruyette & Woods Christopher Mcgratty 76% 1-year accuracy 13 / 17 met price target | 18%upside $28 | Outperform Maintained | 26 Nov 2024 |
Piper Sandler Scott Siefers 67% 1-year accuracy 18 / 27 met price target | 14%upside $27 | Overweight Reiterated | 26 Nov 2024 |
Financial journalist opinion
Based on 6 articles about ONB published over the past 30 days
Neutral
Seeking Alpha
11 hours ago
Old National Bancorp (ONB) Q4 2024 Earnings Call Transcript
Old National Bancorp (NASDAQ:ONB ) Q4 2024 Earnings Conference Call January 21, 2025 10:00 AM ET Company Participants Jim Ryan - Chairman and Chief Executive Officer John Moran - Senior Vice President, Chief Strategy Officer and Chief Financial Officer Mark Sander - President and Chief Operating Officer Conference Call Participants Ben Gerlinger - Citi Scott Siefers - Piper Sandler Jared Shaw - Barclays Brendan Nosal - Hovde Group Terry McEvoy - Stephens Jon Arfstrom - RBC Capital Markets Chris McGratty - KBW Operator Welcome to the Old National Bancorp Fourth Quarter and Full-Year 2024 Earnings Conference Call. This call is being recorded and has been made accessible to the public in accordance with the SEC's Regulation FD.
Positive
Seeking Alpha
12 hours ago
Old National Bancorp Keeps Chugging Higher
Old National Bancorp remains a hold as it performs well, but lacks compelling reasons to buy shares at current levels. Q4 results show revenue up 5.5% YoY, and EPS beat estimates, but loans dipped 1.6% annualized. Net interest margin slightly dipped, but net interest income increased due to lower funding costs and better accretion.
Neutral
Zacks Investment Research
13 hours ago
Compared to Estimates, Old National Bancorp (ONB) Q4 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Old National Bancorp (ONB) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
14 hours ago
Old National Bancorp (ONB) Q4 Earnings and Revenues Surpass Estimates
Old National Bancorp (ONB) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.46 per share a year ago.
Neutral
Zacks Investment Research
6 days ago
Countdown to Old National Bancorp (ONB) Q4 Earnings: Wall Street Forecasts for Key Metrics
Evaluate the expected performance of Old National Bancorp (ONB) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Neutral
GlobeNewsWire
1 week ago
Old National Bancorp Announces Schedule for Fourth-Quarter and Full-Year 2024 Earnings Release and Conference Call
EVANSVILLE, Ind., Jan. 08, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”), the holding company of Old National Bank, today announced the following schedule for its fourth-quarter and full-year 2024 earnings release and conference call:
Positive
Zacks Investment Research
1 month ago
Best Momentum Stocks to Buy for December 3rd
VIK, AHR and ONB made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 3, 2024.
Positive
Zacks Investment Research
1 month ago
ONB to Expand Midwest Presence With $1.4B Bremer Acquisition, Stock Up
Old National Bancorp. is set to buy Bremer for $1.4 billion to boost its presence in the lucrative Midwest region.
Neutral
GlobeNewsWire
1 month ago
Old National Announces Pricing of Common Stock Offering
EVANSVILLE, Ind., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) (“Old National”) today announced the pricing of an underwritten public offering of 19,047,619 shares of its common stock, no par value (the “Common Stock”), at a public offering price of $21.00 per share (before underwriting discounts and commissions), for an aggregate offering amount of $400 million. The approximate net proceeds of the offering will be $384 million (before offering expenses, assuming the underwriters do not exercise their option to purchase additional shares and assuming full physical settlement of the forward sale agreement at the initial forward price) in connection with the forward sale agreement described below.
Neutral
GlobeNewsWire
1 month ago
Old National to partner with St. Paul, Minn.-based Bremer Financial Corporation
Bremer, with $16.2 billion in total assets, bolsters Old National's presence in the Twin Cities and expands its footprint into several other vibrant Midwestern markets Bremer, with $16.2 billion in total assets, bolsters Old National's presence in the Twin Cities and expands its footprint into several other vibrant Midwestern markets
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