WallStSmart
ONB

Old National Bancorp

NASDAQ: ONB · FINANCIAL SERVICES · BANKS - REGIONAL

$24.16
-0.04% today

Updated 2026-06-05

Market cap
$9.71B
P/E ratio
12.96
P/S ratio
3.88x
EPS (TTM)
$1.94
Dividend yield
2.29%
52W range
$19 – $26
Volume
3.0M

WallStSmart proprietary scores

81
out of 100
Grade: A
Strong Buy
Investment rating
10.0
Growth
A+
3.5
Quality
D
7.5
Profitability
B+
5.7
Valuation
C+
2/9
Piotroski F-Score
Weak
-0.7
Altman Z-Score
Distress
Industry rank
View all highly rated stocks (75+) →202 stocks currently score above 75

Price targets

Analyst target
$27.90
+15.48%
12-Month target
$21.80
-9.77%
Intrinsic (DCF)
Margin of safety
3 Strong Buy5 Buy3 Hold0 Sell0 Strong Sell

Price chart

Stock snapshot

Strengths
+ Profit margin 30.20% — above average
+ Free cash flow $193.26M — positive
+ Revenue growth 46.20% QoQ
Risks
- Piotroski 2/9 — weak financial health
- Altman Z -0.67 — distress zone

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM
Revenue$1.85B$2.54B$2.96B$3.71B$2.51B
Net income$428.29M$581.99M$539.19M$669.26M$233.67M
EPS$1.94
Free cash flow$776.52M$477.97M$592.01M$637.41M$193.26M
Profit margin23.10%22.91%18.24%18.04%30.20%

Recent insider activity

DateInsiderTypeSharesPrice
2026-04-06SALMON, TOMBuy342$22.52
2026-04-01PUTNAM, ANGELA LBuy7,234
2026-04-01PUTNAM, ANGELA LSale4,836$22.33

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
ONB$9.71B8110.07.55.73.5Exceptional Buy
BRK-B$1.02T626.76.55.08.0Buy
BRK-A$1.02T616.76.55.07.0Buy
JPM$806.43B738.08.05.73.0Strong Buy
V$603.46B748.710.05.75.5Strong Buy
MA$422.07B708.010.05.05.5Strong Buy

Smart narrative

Old National Bancorp trades at $24.16. representing a P/E of 12.96x trailing earnings. Our Smart Value Score of 81/100 indicates the stock is excellent. The company scores 2/9 on the Piotroski F-Score. With an Altman Z-Score of -0.67, it sits in the distress. TTM revenue stands at $2.51B. with profit margins at 30.20%.

Frequently asked questions

What is Old National Bancorp's stock price?

Old National Bancorp (ONB) trades at $24.16, on a P/E of 13.0x and a P/S of 3.9x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.

Is Old National Bancorp overvalued?

Old National Bancorp carries a Smart Value Score of 81/100 (Grade A), which we rate Strong Buy. That score blends growth, quality, and valuation into one read.

What is the price target of Old National Bancorp (ONB)?

The 12-month analyst consensus target is $27.90, about 15.5% above the current $24.16. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.

What is Old National Bancorp's revenue?

Old National Bancorp's trailing twelve-month revenue is $2.51B. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.

Altman Z-Score?

Old National Bancorp's Altman Z-Score is -0.67, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.

Company info

SectorFINANCIAL SERVICES
IndustryBANKS - REGIONAL
CountryUSA
ExchangeNASDAQ
CurrencyUSD

Quick metrics

P/S ratio3.88x
ROE8.91%
Beta0.85
50D MA$23.77
200D MA$22.76
Shares out0.39B
Float0.38B
Short ratio
Avg volume3.0M

Performance

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YTD
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