ONB:NSD-Old National Bancorp (USD)

COMMON STOCK | Banks - Regional |

Last Closing

USD 18.29

Change

+0.30 (+1.67)%

Market Cap

USD 5.89B

Volume

1.45M

Analyst Target

USD 15.25
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, and capital markets services, as well as community development lending and equity investment solutions. The company was founded in 1834 and is headquartered in Evansville, Indiana.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-04 )

Largest Industry Peers for Banks - Regional

Symbol Name Price(Change) Market Cap
FITB Fifth Third Bancorp

+0.36 (+0.86%)

USD 29.02B
FCNCA First Citizens BancShares Inc

+87.41 (+4.69%)

USD 26.54B
HBAN Huntington Bancshares Incorpor..

+0.45 (+3.18%)

USD 21.26B
FITBI Fifth Third Bancorp

+0.02 (+0.08%)

USD 17.76B
EWBC East West Bancorp Inc

+1.97 (+2.43%)

USD 11.30B
CBSH Commerce Bancshares Inc

+1.39 (+2.43%)

USD 7.74B
PNFP Pinnacle Financial Partners In..

+3.26 (+3.51%)

USD 7.47B
SSB SouthState Corporation

+1.79 (+1.89%)

USD 7.30B
BPOP Popular Inc

+2.17 (+2.28%)

USD 7.13B
WTFC Wintrust Financial Corporation

+2.03 (+1.94%)

USD 7.09B

ETFs Containing ONB

SMLV SPDR® SSGA US Small Cap .. 1.33 % 0.12 %

+1.62 (+0.99%)

USD 0.19B
JPSV Jpmorgan Active Small Cap.. 1.26 % 0.00 %

+0.58 (+0.99%)

USD 0.02B
VTWV Vanguard Russell 2000 Val.. 0.47 % 0.20 %

+1.59 (+0.99%)

USD 0.80B
IWN iShares Russell 2000 Valu.. 0.00 % 0.00 %

+2.05 (+0.99%)

N/A
VRTVX Vanguard Scottsdale Funds.. 0.00 % 0.00 %

N/A

USD 0.91B

Market Performance

  Market Performance vs. Industry/Classification (Banks - Regional) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 8.29% 60% D- 65% D
Dividend Return 2.49% 43% F 53% F
Total Return 10.78% 58% F 66% D+
Trailing 12 Months  
Capital Gain 26.49% 51% F 71% C-
Dividend Return 3.87% 42% F 56% F
Total Return 30.36% 50% F 72% C
Trailing 5 Years  
Capital Gain 6.96% 54% F 53% F
Dividend Return 16.32% 57% F 66% D+
Total Return 23.27% 56% F 56% F
Average Annual (5 Year Horizon)  
Capital Gain 3.39% N/A N/A 52% F
Dividend Return 6.79% N/A N/A 58% F
Total Return 3.40% N/A N/A 69% C-
Risk Return Profile  
Volatility (Standard Deviation) 19.84% N/A N/A 77% C+
Risk Adjusted Return 34.22% N/A N/A 66% D+
Market Capitalization 5.89B 95% A 89% A-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.