ONB:NGS-Old National Bancorp (USD)

EQUITY | Banks - Regional | Nasdaq Global Select

Last Closing

USD 22.38

Change

-0.03 (-0.13)%

Market Cap

USD 2.34B

Volume

1.82M

Analyst Target

USD 15.25
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Old National Bancorp is a financial holding company. It provides commercial and consumer loan and depository services, investment and brokerage services, lease financing and other traditional banking services.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-12 )

Largest Industry Peers for Banks - Regional

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

+0.03 (+0.06%)

USD 29.54B
FCNCA First Citizens BancShares Inc

-12.38 (-0.57%)

USD 27.22B
HBAN Huntington Bancshares Incorpor..

-0.10 (-0.57%)

USD 22.88B
FITBI Fifth Third Bancorp

+0.13 (+0.51%)

USD 17.96B
EWBC East West Bancorp Inc

-2.88 (-2.70%)

USD 13.51B
CBSH Commerce Bancshares Inc

-0.29 (-0.40%)

USD 8.16B
PNFP Pinnacle Financial Partners In..

-1.38 (-1.09%)

USD 8.08B
ZION Zions Bancorporation

+0.52 (+0.87%)

USD 7.81B
WTFC Wintrust Financial Corporation

-1.04 (-0.78%)

USD 7.60B
SSB SouthState Corporation

-1.52 (-1.40%)

USD 7.44B

ETFs Containing ONB

SMLV SPDR® SSGA US Small Cap .. 1.41 % 0.12 %

-0.94 (-0.81%)

USD 0.22B
IWN iShares Russell 2000 Valu.. 0.00 % 0.00 %

-1.58 (-0.81%)

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

-2.60 (-0.81%)

USD 0.91B
VTWV Vanguard Russell 2000 Val.. 0.00 % 0.20 %

-1.27 (-0.81%)

USD 0.81B

Market Performance

  Market Performance vs. Industry/Classification (Banks - Regional) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 32.50% 81% B- 82% B
Dividend Return 2.49% 31% F 48% F
Total Return 34.99% 82% B 82% B
Trailing 12 Months  
Capital Gain 50.50% 78% C+ 82% B
Dividend Return 3.77% 43% F 54% F
Total Return 54.27% 79% B- 82% B
Trailing 5 Years  
Capital Gain 21.63% 57% F 60% D-
Dividend Return 15.92% 60% D- 64% D
Total Return 37.55% 62% D 63% D
Average Annual (5 Year Horizon)  
Capital Gain 3.94% 44% F 51% F
Dividend Return 7.26% 48% F 55% F
Total Return 3.32% 56% F 71% C-
Risk Return Profile  
Volatility (Standard Deviation) 19.59% 75% C 77% C+
Risk Adjusted Return 37.07% 63% D 68% D+
Market Capitalization 2.34B 95% A 90% A-

Key Financial Ratios

  Ratio vs. Industry/Classification (Banks - Regional) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 16.20 65% 68%
Price/Book Ratio 1.00 54% 72%
Price / Cash Flow Ratio 11.90 33% 25%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 8.92% 54% 74%
Return on Invested Capital 7.07% 58% 72%
Return on Assets 1.01% 69% 67%
Debt to Equity Ratio 90.32% 22% 26%

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.

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.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.