OLD NATIONAL BANCORP (ONB)
Financials · regional banks · NASDAQ
Old National Bancorp is a regional financial services company providing commercial and consumer banking, wealth management, and capital markets solutions.
What OLD NATIONAL BANCORP does
Old National Bancorp is a financial holding company providing a range of banking and financial services through its subsidiary, Old National Bank. Its operations encompass commercial and consumer banking, wealth management, investment services, and capital market activities. The company maintains a diversified portfolio of commercial and real estate loans alongside various deposit-gathering products.
Themes: banking services, wealth management, commercial lending, mortgage banking, capital markets
Fundamentals
- Price$24.73 as of 2026-10-08 close
- Market cap$9.6B as of 2026-04-28 (share count; price 2026-10-08)
- 1-year return+13.0% 2025-10-08 close $21.89 → 2026-10-08 close $24.73
- P/E10.82 as of 2026-10-08
- Net margin+220.9% FY2021, SEC XBRL
- ROE+7.9% FY2025, SEC XBRL
- Debt / equity0.22 as of 2026-09-02
- Revenue growth (YoY)+79.9% as of 2026-09-02
- Revenue CAGR (3y)-0.5% SEC XBRL
- Beta1.16 as of 2026-09-02
- Last reported earnings2026-07-22 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.4%; 16-year non-decreasing per-share dividend streak (SEC XBRL).
How ONB compares in its sector
- price-to-earnings ratiomiddle range 513 covered Financials peers, as of 2026-10-08
- net profit margintop 10% 344 covered Financials peers, as of 2026-09-02
- return on equitymiddle range 559 covered Financials peers, as of 2026-09-02
- 3-year revenue CAGRbottom 25% 347 covered Financials peers
- indicated dividend yieldmiddle range 468 covered Financials peers, as of 2026-09-02
- free cash flow (absolute dollars, latest fiscal year)top 25% 430 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
ONB is not currently in any published Top 10 list. Its scores are below.
Top 10 score
60.3 #224 of 1,379 scored · #86 of 220 in Financials
Financial health 87th (free cash flow margin 224.2%, debt to equity 0.2) and valuation 81st (price to book 1.1, price to earnings 10.8); weakest is profitability (36th, return on equity 7.9%).
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, ONB's dividend was covered by reported results (earnings payout 34%, free-cash-flow payout 35%). This describes past coverage, not a forecast.
- Earnings payout34% dividends / net income
- Free-cash-flow payout35% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How OLD NATIONAL BANCORP looks technically
OLD NATIONAL BANCORP (ONB) is trading 1.2% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 196 trading days ago — a "golden cross", a bullish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 32, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 42, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 2 trading days ago.
Trend
8
| Distance from the 200-day | it is trading 1.2% above its 200-day average, the long-term trend line — a longer-term uptrend | +1.2% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $25.79 | $25.79 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $24.44 | $24.44 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 196 trading days ago — a "golden cross", a bullish long-term signal | 196 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 1.2% above | +1.2% |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 32, with sellers in control | 32.4 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 42, neither overbought (above 70) nor oversold (below 30) | 41.9 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($24.06 to $25.57) — its "stochastic" reading is 44 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 44.4 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 17 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $27.36 | $27.36 |
|---|---|---|
| From the 52-week high | it is 9.6% below its 52-week high (its highest price of the past year) | -9.6% |
| Above the 52-week low | it is 27.5% above its 52-week low (its lowest price of the past year) | +27.5% |
| Below the 52-week high | it is 9.6% below its highest point of the past year | 9.6% |
| Since a 20-day breakout | it made a new 20-day low about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day low about 2 trading days ago | 2 sessions |
| All-time high | its highest closing price on record is $27.36 (set on 2026-08-04) | $27.36 |
| Given back of the 52-week move | over the past year its closes ranged ($19.60 to $27.29), and it has given back roughly a third of its rise from last year’s low — 33% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $22.29 to $22.54. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 33.3% |
| From the all-time high | it is 9.6% below its all-time high | -9.6% |
| Nearest price level | it is trading 0.6% above a support level at $24.57 — a price it turned at five times since 2025-02-06, most recently on 2026-05-27. Since 2024-10-08 it has 10 such levels below the current price and 3 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.6% |
| All-time low | its lowest closing price on record is $8.67 (set on 2011-08-19) | $8.67 |
| Above the all-time low | it is 185.2% above its all-time low | +185.2% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 41st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.5114 between its high and its low — about 2.1% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.5114 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $24.36 and $25.87 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $24.36 – $25.12 – $25.87 |
| Typical daily range (% of price) | its price moves about 2.1% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.1% |
| Stretch from the 200-day average | it is trading 0.6 daily ranges above its 200-day average price (1.2% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.6 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.31× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 0.5% since the prior reading | -0.5% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a bullish engulfing | 5 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 5 sessions ago |
|---|
Price gaps
1
| Gap at the open | it opened on 2026-10-08 0.5% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.5% |
|---|
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 4.5 percentage points (the stock lost 3.4% while the market gained 1.0%) | -4.5% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 7.7 percentage points (the stock lost 3.9% while the market gained 3.8%) | -7.7% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 7.2 percentage points (the stock gained 10.3% while the market gained 17.5%) | -7.2% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 2.0 percentage points (the stock gained 13.0% while the market gained 15.0%) | -2.0% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bearish state: a fresh 20-day low, MACD momentum is negative, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 4.5% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thin, spanning 0.3% of the share price, which is taken to mean a barrier that gives way easily. | -4.5% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is sitting right on the average price paid so far this year, so the typical buyer over that stretch is roughly break-even. That average is $24.70 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | +0.1% |
|---|---|---|
| Vs the average paid since it last reported | the price is 4% below the average price paid since it last reported on 2026-07-22 (its 8-K), so the typical buyer over that stretch is under water. That average is $25.77 — a volume-weighted average of daily closes over 56 sessions, not a true tick-by-tick VWAP. | -4.0% |
Channel down, bearish — forming · entry $24.32 · 59 sessions in
Price levels it has turned at before
ONB last closed at $24.73 on 2026-10-08. Since 2024-10-08 it has turned at 10 prices below its last close and 3 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $24.57 | Support | 0.6% below the last close | turned there five times · 2025-02-06 to 2026-05-27 |
| $25.44 | Resistance | 2.9% above the last close | turned there four times · 2026-07-08 to 2026-09-25 |
| $23.95 | Support | 3.2% below the last close | turned there 7 times · 2024-11-25 to 2026-10-01 |
| $23.37 | Support | 5.5% below the last close | turned there 7 times · 2024-12-05 to 2026-05-19 |
| $26.18 | Resistance | 5.9% above the last close | turned there three times · 2026-02-06 to 2026-09-04 |
| $27.34 | Resistance | 10.6% above the last close | turned there three times · 2026-07-16 to 2026-08-17 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Near 200-day moving-average support · Trading above the 200-day moving average · Broke down to a new 20-day low · lagging the market · Trading at this year’s average price paid (anchored VWAP) · Under water since its last earnings report (below the anchored VWAP) | Learn: moving average · golden cross · adx · rsi · breakout
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.80 mean, 1=Strong Buy…5=Strong Sell) — 14 analysts
- Mean price target$29.93 range $27.00 – $32.00; median $30.00
Analyst estimates, as of 2026-10-04. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for ONB
- Consensus EPS estimate$0.6631 next reporting period, as of 2026-10-04
- Estimate change, 30 days+$0.00029 (+0.0%) from $0.6628, on 2026-08-30, 35-day window
- Readings revised upward25% of 8 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Interest rate fluctuations affecting net interest margins and asset valuations.","Credit risk associated with loan portfolios, including commercial and commercial real estate exposure.","Regulatory and compliance risks inherent in the banking industry."]
What changed in the latest 10-Q
AI-assisted comparison of ONB's 10-Q filed 2026-04-29 against the prior one filed 2025-10-29.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing references comparison to three months ended March 31, 2026 versus March 31, 2025 (filed 2026-04-29)
- Newer filing references comparison to financial condition as of March 31, 2026 versus December 31, 2025 (filed 2026-04-29)
- Newer filing references 2025 Annual Report on Form 10-K (filed 2026-04-29)
- Forward-looking statements in newer filing reference 'adverse effects on our information technology systems, or those of third parties, resulting from failures, disruptions or cybersecurity attacks, including ransomware' (filed 2026-04-29)
- Forward-looking statements in newer filing reference 'political and economic uncertainty and instability' (filed 2026-04-29)
- Newer filing financial highlights table includes columns for March 31, 2026, December 31, 2025, and three months ended in 2025 (filed 2026-04-29)
- Removed:
- Older filing referenced comparison to three and nine months ended September 30, 2025 versus same periods in 2024 (filed 2025-10-29)
- Older filing referenced comparison to financial condition as of September 30, 2025 versus December 31, 2024 (filed 2025-10-29)
- Older filing referenced 2024 Annual Report on Form 10-K (filed 2025-10-29)
- Forward-looking statements in older filing referenced 'expected cost savings, synergies and other financial benefits from the Merger between Old National and Bremer not being realized within the expected time frames and costs or difficulties relating to integration matters being greater than expected' (filed 2025-10-29)
- Forward-looking statements in older filing referenced 'potential adverse reactions or changes to business or employee relationships, including those resulting from the completion of the Merger' (filed 2025-10-29)
- Older filing forward-looking statements referenced 'failure or disruption of our information systems; computer hacking and other cybersecurity threats' (filed 2025-10-29)
- Older filing financial highlights table included columns for September 30, 2025, June 30, 2025, and comparison periods in 2024 (filed 2025-10-29)
- Reworded:
- Forward-looking statements risk factor changed from 'information systems' to 'information technology systems' and expanded scope to include 'those of third parties' (filed 2026-04-29 versus 2025-10-29)
- Merger-related risks in newer filing consolidated language regarding 'the impact of purchase accounting' and combined future business combinations discussion, versus older filing which separately addressed cost savings and adverse reactions related to Merger completion (filed 2026-04-29 versus 2025-10-29)
- Older filing referenced 'computer hacking and other cybersecurity threats' while newer filing uses more specific language including 'security breaches, including denial of service attacks, hacking, social engineering attacks, malware intrusion and other cybersecurity threats' (filed 2026-04-29 versus 2025-10-29)
- Notes:
- The two filings represent different quarterly periods (Q1 2026 versus Q3 2025), so comparison reflects both temporal changes and natural quarterly reporting updates
- Financial highlights tables show different comparative periods due to quarterly filing schedules, making direct numerical comparison of underlying business performance changes unclear from this excerpt alone
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 2 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 90 days · read to 2026-10-040 buys · 2 sells ($844036) — 2 selling insiders
- Last 180 days · read to 2026-10-040 buys · 2 sells ($844036) — 2 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-07-30. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about ONB's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
3 institutional 13F filers reported holding ONB as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 3
- Reported shares held 97,998,770
- Reported value $2,538,168,128
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 2 increased, 1 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about ONB's institutional holders → See what each manager we track holds →
Short interest (FINRA)
ONB had 21,072,341 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
ONB had 5.45% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 6.18 days to cover at the same settlement.
- Reported short interest (shares) 21,072,341
- Short interest (% of shares outstanding) 5.45%
- Prior settlement (shares) 17,489,482
- Reported change 20.49%
- Days to cover (reported) 6.18
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Fifth Third Bancorp (FITB)
- Huntington Bancshares (HBAN)
- KeyCorp (KEY)
- Comerica (CMA)
- Regions Financial (RF)
- Synovus Financial (SNV)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does OLD NATIONAL BANCORP (ONB) do?
Old National Bancorp is a financial holding company providing a range of banking and financial services through its subsidiary, Old National Bank. Its operations encompass commercial and consumer banking, wealth management, investment services, and capital market activities. The company maintains a diversified portfolio of commercial and real estate loans alongside various deposit-gathering products.
What sector is OLD NATIONAL BANCORP (ONB) in?
OLD NATIONAL BANCORP (ONB) is classified in the Financials sector. Its industry is regional banks. It trades on NASDAQ.
Does ONB pay a dividend?
Yes — OLD NATIONAL BANCORP (ONB) pays a dividend, with an indicated yield of about 2.37% and 16-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-09-02). Informational only — not financial advice.
Who are OLD NATIONAL BANCORP's (ONB) competitors?
Notable peers of OLD NATIONAL BANCORP (ONB) include Fifth Third Bancorp, Huntington Bancshares, KeyCorp, Comerica and Regions Financial. This peer set is informational only — not financial advice.
Is OLD NATIONAL BANCORP (ONB) overbought or oversold right now?
OLD NATIONAL BANCORP (ONB) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 42, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ONB come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.