Financials Old National Bancorp

Equities

ONB

US6800331075

Banks

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
16.57 USD -0.54% Intraday chart for Old National Bancorp +2.35% -1.89%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,110 2,738 3,005 5,266 4,942 4,861 - -
Enterprise Value (EV) 1 3,110 2,738 3,005 5,266 4,942 4,861 4,861 4,861
P/E ratio 13.3 x 12.2 x 10.9 x 12 x 8.71 x 9.64 x 8.25 x -
Yield 2.9% 3.38% 3.09% 3.11% 3.32% 3.38% 3.51% 3.38%
Capitalization / Revenue 3.82 x 3.27 x 3.64 x 3.02 x 2.66 x 2.58 x 2.44 x 2.35 x
EV / Revenue 3.82 x 3.27 x 3.64 x 3.02 x 2.66 x 2.58 x 2.44 x 2.35 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.09 x 0.92 x 1 x 1.08 x 0.93 x 0.86 x 0.79 x -
Nbr of stocks (in thousands) 170,031 165,333 165,814 292,890 292,621 293,383 - -
Reference price 2 18.29 16.56 18.12 17.98 16.89 16.57 16.57 16.57
Announcement Date 1/21/20 1/19/21 1/18/22 1/24/23 1/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 814.6 838.1 824.5 1,746 1,860 1,883 1,990 2,065
EBITDA - - - - - - - -
EBIT 1 323 358.1 342.9 707.9 875.3 856.6 943.2 -
Operating Margin 39.65% 42.73% 41.59% 40.54% 47.06% 45.48% 47.41% -
Earnings before Tax (EBT) 1 290.4 255.6 338.9 544.7 751.3 734.2 843.6 -
Net income 1 238.2 226.4 277.5 414.2 565.9 533 629.5 -
Net margin 29.24% 27.01% 33.66% 23.72% 30.42% 28.3% 31.64% -
EPS 2 1.380 1.360 1.670 1.500 1.940 1.718 2.008 -
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.5300 0.5600 0.5600 0.5600 0.5600 0.5600 0.5814 0.5600
Announcement Date 1/21/20 1/19/21 1/18/22 1/24/23 1/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 209.6 201.7 291.8 430.9 461.9 561.5 457.8 469.6 461.9 470.6 440.2 473.3 483.3 487.9 485.2
EBITDA - - - - - - - - - - - - - - -
EBIT 1 90.2 78.1 118.6 153.5 195.3 278.8 207.1 223 217.1 194.6 197.2 208.7 225.1 230.4 224.8
Operating Margin 43.03% 38.72% 40.64% 35.62% 42.27% 49.66% 45.24% 47.49% 47% 41.34% 44.78% 44.09% 46.57% 47.21% 46.33%
Earnings before Tax (EBT) 1 89.43 68.24 -36.3 144.3 179 262 188 202.4 192.2 168.7 152.8 171.5 199.2 204.3 201
Net income 1 71.75 56.19 -29.6 111 136.1 196.7 142.6 151 143.8 128.4 116.2 119.4 147.6 149.7 148.5
Net margin 34.23% 27.86% -10.14% 25.76% 29.47% 35.03% 31.14% 32.15% 31.14% 27.29% 26.41% 25.24% 30.53% 30.69% 30.61%
EPS 2 0.4300 0.3400 -0.1300 0.3800 0.4700 0.6700 0.4900 0.5200 0.4900 0.4400 0.4000 0.3783 0.4667 0.4750 0.4700
Dividend per Share 2 0.1400 0.1400 0.1400 0.1400 0.1400 0.1400 0.1400 0.1400 0.1400 0.1400 0.1429 0.1400 0.1400 0.1400 0.1440
Announcement Date 10/19/21 1/18/22 4/26/22 7/26/22 10/25/22 1/24/23 4/25/23 7/25/23 10/24/23 1/23/24 4/23/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 8.57% 7.87% 9.26% 8.9% 11.3% 9.64% 10.3% 12.5%
ROA (Net income/ Total Assets) 1.19% 1.04% 1.17% 0.99% 1.21% 1.07% 1.16% -
Assets 1 20,017 21,770 23,721 41,835 46,765 49,739 54,502 -
Book Value Per Share 2 16.80 18.00 18.20 16.70 18.20 19.30 21.00 -
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/21/20 1/19/21 1/18/22 1/24/23 1/23/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
16.57 USD
Average target price
20 USD
Spread / Average Target
+20.70%
Consensus
  1. Stock Market
  2. Equities
  3. ONB Stock
  4. Financials Old National Bancorp