ONB
Old National Bancorp
NASDAQ: ONB · FINANCIAL SERVICES · BANKS - REGIONAL
$23.55
-1.79% today
Updated 2026-04-29
Market cap
$9.10B
P/E ratio
12.14
P/S ratio
3.63x
EPS (TTM)
$1.94
Dividend yield
2.36%
52W range
$19 – $26
Volume
3.3M
Old National Bancorp (ONB) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $602.60M | $616.51M | $559.49M | $504.14M | $463.06M | $504.32M | $530.85M | $525.99M | $591.91M | $616.86M | $650.47M | $672.12M | $813.36M | $929.70M | $902.58M | $852.87M | $1.85B | $2.54B | $2.96B | $3.71B |
| Revenue growth (YoY) | — | +2.3% | -9.2% | -9.9% | -8.1% | +8.9% | +5.3% | -0.9% | +12.5% | +4.2% | +5.4% | +3.3% | +21.0% | +14.3% | -2.9% | -5.5% | +117.4% | +37.0% | +16.4% | +25.5% |
| Cost of revenue | $246.00M | $246.29M | $200.66M | $172.56M | $109.21M | $61.19M | $40.97M | $22.07M | $26.46M | $36.00M | $45.39M | $61.22M | $101.41M | $130.86M | $110.09M | $12.63M | $271.06M | $762.55M | $1.18B | $1.35B |
| Gross profit | $356.60M | $370.21M | $358.83M | $331.58M | $353.85M | $443.12M | $489.88M | $503.92M | $565.46M | $580.86M | $605.08M | $610.90M | $711.95M | $798.84M | $792.49M | $840.24M | $1.58B | $1.78B | $1.77B | $2.36B |
| Gross margin | 59.2% | 60.0% | 64.1% | 65.8% | 76.4% | 87.9% | 92.3% | 95.8% | 95.5% | 94.2% | 93.0% | 90.9% | 87.5% | 85.9% | 87.8% | 98.5% | 85.4% | 70.0% | 60.0% | 63.6% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — |
| SG&A | $157.62M | $195.76M | $199.34M | $234.07M | $213.12M | $234.20M | $235.50M | $242.00M | $264.38M | $290.55M | $306.40M | $297.81M | $338.93M | $343.77M | $310.04M | $290.16M | $594.96M | $603.09M | $647.78M | $1.04B |
| Operating income | $94.95M | $92.21M | $61.60M | $-7.38M | $43.48M | $99.76M | $127.78M | $142.52M | $141.96M | $162.89M | $200.43M | $168.66M | $208.68M | $290.36M | $255.56M | $338.86M | $544.73M | $751.30M | $680.44M | $874.14M |
| Operating margin | 15.8% | 15.0% | 11.0% | -1.5% | 9.4% | 19.8% | 24.1% | 27.1% | 24.0% | 26.4% | 30.8% | 25.1% | 25.7% | 31.2% | 28.3% | 39.7% | 29.4% | 29.6% | 23.0% | 23.6% |
| EBITDA | $107.98M | $103.56M | $71.90M | $7.98M | $58.60M | $118.27M | $147.03M | $161.91M | $163.45M | $188.74M | $230.99M | $202.69M | $246.90M | $333.99M | $298.56M | $377.47M | $607.03M | $816.56M | $746.07M | $977.98M |
| EBITDA margin | 17.9% | 16.8% | 12.9% | 1.6% | 12.7% | 23.5% | 27.7% | 30.8% | 27.6% | 30.6% | 35.5% | 30.2% | 30.4% | 35.9% | 33.1% | 44.3% | 32.7% | 32.1% | 25.2% | 26.4% |
| EBIT | $94.95M | $92.21M | $61.60M | $-7.38M | $43.48M | $99.76M | $127.78M | $142.52M | $141.96M | $162.89M | $201.95M | $168.66M | $208.68M | $290.36M | $255.56M | $338.86M | $544.73M | $754.22M | $680.44M | $874.14M |
| Interest expense | $239.00M | $242.18M | $149.20M | $109.28M | $78.43M | $53.70M | $35.90M | $24.39M | $23.36M | $33.07M | $44.43M | $58.17M | $94.44M | $126.11M | $67.21M | $42.25M | $126.27M | $703.67M | $1.07B | $1.21B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $79.37M | $74.89M | $62.48M | $13.74M | $38.21M | $72.46M | $91.67M | $100.92M | $103.67M | $116.72M | $134.26M | $95.72M | $190.83M | $238.21M | $226.41M | $277.54M | $428.29M | $581.99M | $539.19M | $669.26M |
| Net income growth (YoY) | — | -5.6% | -16.6% | -78.0% | +178.2% | +89.6% | +26.5% | +10.1% | +2.7% | +12.6% | +15.0% | -28.7% | +99.4% | +24.8% | -5.0% | +22.6% | +54.3% | +35.9% | -7.4% | +24.1% |
| Profit margin | 13.2% | 12.1% | 11.2% | 2.7% | 8.3% | 14.4% | 17.3% | 19.2% | 17.5% | 18.9% | 20.6% | 14.2% | 23.5% | 25.6% | 25.1% | 32.5% | 23.1% | 22.9% | 18.2% | 18.0% |