Solid Core Performance | Old National Bancorp showcases consistent financial strength with core EPS of $0.46 in Q2 2024, driven by robust loan growth and strategic acquisitions |
CapStar Integration | Delve into the impact of ONB's recent CapStar acquisition, enhancing market position and driving synergies in a competitive banking landscape |
Balance Sheet Strength | Explore ONB's impressive balance sheet growth and effective credit quality management, positioning the bank for long-term value creation and market expansion |
Analyst Perspectives | Average price target of $21.33, with ratings ranging from "Sector Perform" to "Overweight," reflecting varied views on ONB's growth potential and market position |
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.
Metrics to compare | ONB | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipONBPeersSector | |
---|---|---|---|---|
P/E Ratio | 11.8x | 12.9x | 8.7x | |
PEG Ratio | −0.54 | −0.29 | 0.03 | |
Price/Book | 1.0x | 0.7x | 1.0x | |
Price / LTM Sales | 3.4x | 2.8x | 2.7x | |
Upside (Analyst Target) | 26.2% | 6.1% | 13.0% | |
Fair Value Upside | Unlock | 24.2% | 2.9% | Unlock |