Valuation dashboard for Old National Bancorp (ONB) with P/E 10.12, P/B 1.15, EV/EBITDA 11.06 and dividend yield 2.29%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Financial Services companies.
Old National Bancorp functions as the parent company for Old National Bank, furnishing a wide array of financial services to both individual and commercial clients throughout the United States. Its product portfolio encompasses various deposit accounts, including non-interest-bearing demand, interest-bearing checking, negotiable order of withdrawal (NOW) accounts, savings, money market, and time deposits.
Analysis Summary
Old National Bancorp reported revenue of $3.71B in the most recent fiscal year, growing at a 5-year CAGR of 32.7%. Net income reached $669.3M, with a 24.2% 5-year CAGR.
Trailing-twelve-month margins: gross margin 66.4%, operating margin 30.8%, net margin 23.6%.
At $25.09 (closing price, October 30, 2026), ONB trades at a P/E of 10.12 and an ROE of 11.31%. Market capitalisation stands at $9.6B.
Balance sheet quality for ONB: current ratio of 0.0. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 10.12 |
| Price / Book | 1.15 |
| EV / EBITDA | 11.06 |
| Dividend Yield | 2.29% |
Valuation Models
| DCF Fair Value | $109.55 |
| vs Current Price | +336.6% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| ONB | Old National Bancorp | $9.6B | 10.12 | 1.15 | 11.3% |
| VLY | Valley National Bancorp | $7.8B | 11.05 | 0.99 | 9.4% |
| UBSI | United Bankshares, Inc. | $6.6B | 13.10 | 1.22 | 9.4% |
| FFBC | First Financial Bancorp. | $3.4B | 11.35 | 1.17 | 10.2% |
| NBTB | NBT Bancorp Inc. | $2.7B | 12.55 | 1.39 | 11.3% |
| UCB | United Community Banks, Inc. | $4.4B | 30.87 | 1.26 | 4.0% |
| PRK | Park National Corporation | $3.2B | 15.40 | 1.85 | 12.3% |
Price
| Price | $25.09 (closing price, October 30, 2026) |
| Market Cap | $9.6B |
| Exchange | NASDAQ |
| Country | US |
Profitability
| Return on Equity | 11.31% |
| Return on Invested Capital | 5.86% |
| Return on Assets | 1.29% |
| Gross Margin | 66.43% |
| Operating Margin | 30.76% |
| Net Margin | 23.61% |
Related companies: VLY · UBSI · FFBC · NBTB · UCB · PRK
Explore sector: Financial Services · Banks - Regional
More sections of ONB: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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