Old National Bancorp (NASDAQ:ONB – Get Free Report) will likely be releasing its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.62 per share and revenue of $716.2310 million for the quarter. Parties can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 10:00 AM ET.
Old National Bancorp (NASDAQ:ONB – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The bank reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.01. The firm had revenue of $702.70 million during the quarter, compared to the consensus estimate of $706.62 million. Old National Bancorp had a return on equity of 11.23% and a net margin of 18.90%.The firm’s quarterly revenue was up 44.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.45 earnings per share. On average, analysts expect Old National Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Old National Bancorp Stock Performance
Shares of NASDAQ:ONB opened at $26.75 on Monday. The business has a 50-day moving average of $24.87 and a two-hundred day moving average of $23.91. The firm has a market capitalization of $10.34 billion, a PE ratio of 13.79 and a beta of 0.83. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.93. Old National Bancorp has a 12 month low of $19.39 and a 12 month high of $27.32.
Old National Bancorp Announces Dividend
Institutional Trading of Old National Bancorp
Large investors have recently bought and sold shares of the company. Kemnay Advisory Services Inc. acquired a new position in shares of Old National Bancorp during the fourth quarter worth $27,000. Los Angeles Capital Management LLC acquired a new stake in Old National Bancorp during the 4th quarter valued at $36,000. Peterson Wealth Services grew its holdings in Old National Bancorp by 9,711.8% during the 4th quarter. Peterson Wealth Services now owns 1,668 shares of the bank’s stock valued at $37,000 after purchasing an additional 1,651 shares in the last quarter. Parallel Advisors LLC increased its stake in Old National Bancorp by 41.5% during the 4th quarter. Parallel Advisors LLC now owns 3,566 shares of the bank’s stock worth $80,000 after buying an additional 1,046 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in Old National Bancorp by 794.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,568 shares of the bank’s stock worth $76,000 after buying an additional 3,169 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the stock. Keefe, Bruyette & Woods raised their price target on shares of Old National Bancorp from $27.00 to $28.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. UBS Group initiated coverage on shares of Old National Bancorp in a research report on Tuesday, July 7th. They set a “buy” rating and a $32.00 price target on the stock. Jefferies Financial Group boosted their price objective on shares of Old National Bancorp from $23.00 to $25.00 and gave the stock a “hold” rating in a research note on Wednesday, April 22nd. Raymond James Financial began coverage on shares of Old National Bancorp in a research report on Tuesday, July 7th. They issued a “market perform” rating for the company. Finally, Barclays raised their target price on shares of Old National Bancorp from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Tuesday, July 7th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $28.55.
Check Out Our Latest Research Report on Old National Bancorp
About Old National Bancorp
Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.
In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.
Recommended Stories
- Five stocks we like better than Old National Bancorp
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
Receive News & Ratings for Old National Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Old National Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
