Old National Bancorp ( ONB) Stock. Should you Buy or Sell? $ 17.02
0.16 (0.93 %)
Old National Bancorp AnalysisUpdated on 10-09-2022
|Volume Avg.||$1.69 M|
|Market Cap||$4.99 B|
|52 Week Range||$14.22 - $20.81|
Old National Bancorp opened the day at $17.02 which is +'0.93 % on yesterday's close. Old National Bancorp has a 52 week high of $20.81 and 52 week low of $14.22, which is a difference of $6.59. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $4.99 B and total net profit is $810619000 which means the company is trading at 6.15 times profit to market capitalization. Theoretically, if you were to buy Old National Bancorp for $4.99 B, it would take 15 years to get your money back. Old National Bancorp are in the Banks—Regional space which will have a sweet spot and industry standard for net profit multiples.
Old National Bancorp Stock Forecast - Is Old National Bancorp a Buy or Sell?
|DCF Score||Strong Buy|
|DE Score||Strong Buy|
|PE Score||Strong Buy|
|Overall Recommendation||Strong Buy|
Growth and Value
|Net Profit Margin||0.192|
Valuing Old National Bancorp
|Price Book Value Ratio||0.975||Price To Book Ratio||0.975|
|Price To Sales Ratio||4.424||Price Earnings Ratio||22.990|
How liquid is Old National Bancorp
|Debt Ratio||0.889||Debt Equity Ratio||8.008|
|Long Term Debt To Capitalization||0.448||Total Debt To Capitalization||0.461|
Latest news about Old National Bancorp
Old National Bancorp (ONB) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
For Old National Bancorp, we are seeing improving performance in the loan pipeline and margins. Old National Bancorp pays a dividend with a yield just over of 3% that has room to be increased.
This fund from J.P. Morgan has topped the broad market this year.
Does Old National Bancorp (ONB) have what it takes to be a top stock pick for momentum investors? Let's find out.
Old National Bancorp (NASDAQ:ONB ) Q2 2022 Earnings Conference Call July 26, 2022 10:00 AM ET Company Participants Jim Ryan - CEO and Director Brendon Falconer - CFO James Sandgren - CEO of Commercial Banking Conference Call Participants Scott Siefers - Piper Sandler Ben Gerlinger - Hovde Group Chris McGratty - KBW Terry McEvoy - Stephens Jon Arfstrom - RBC David Long - Raymond James Operator Welcome to the Old National Bancorp Second Quarter 2022 Earnings Conference Call. This call is being recorded and has been made accessible to the public in accordance with the SEC's Regulation FD.
About Old National Bancorp
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, 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, health savings, and capital markets services, as well as community development lending and equity investment solutions. As of December 31, 2021, it operated a total of 162 banking centers located primarily in the states of Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.