profit from every $100 of sales.
$0$100
Old National Bancorp
$23.29-2.02% today
-7.0% in 1 year
1-year low $23.291-year high $25.40
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $12.06 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Old National Bancorp sold, what it kept, and what it did with the cash.
Sales went from $1.73 billion in 2022 to $2.52 billion in 2025, with $669 million of profit last year.
SalesProfit
Old National Bancorp handed back 47% of the cash it generated last year.
$225M
Free cash flow 2025$637M
Bought back its own shares$72M
Paid as dividends$225M
Cash vs. debt$1.8B vs. $7.1B
Old National Bancorp vs. similar companies
Old National Bancorp grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Old National Bancorp | 12.1× · Cheap | ||
 China Merchants Bank | 7.7× · Cheap | ||
 DBS Group Holdings | 18.2× · Fair price | ||
 UniCredit | 11.5× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads Old National Bancorp's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,728 | 1,836 | 1,885 | 2,524 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 428 | 582 | 539 | 669 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 24.8% | 31.7% | 28.6% | 26.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 46,763 | 49,090 | 53,552 | 72,152 |
| Cash | 728 | 1,175 | 1,228 | 1,826 |
| Total debt | 4,572 | 5,046 | 5,142 | 7,090 |
| Total liabilities | 41,635 | 43,527 | 47,212 | 63,657 |
| 5,129 | 5,563 | 6,340 | 8,495 | |
| – | – | – | – | |
| – | – | – | – | |
| 8.4% | 10.5% | 8.5% | 7.9% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 814 | 516 | 622 | 681 | |
| 38 | 38 | 30 | 44 | |
| 777 | 478 | 592 | 637 | |
| Dividends paid | 178 | 180 | 191 | 225 |
| 71 | 44 | 9 | 72 | |
| 29 | 28 | 32 | 38 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 12.1×
- 8.9×
- 0.91
- 1.1×
- 2.3×
- 8.3%
- 2.4%
Profitability
- 26.5%
- 4.5%
- 4.6%
- 9.1%
- 1.0%
Growth
- +13.5%
- –
- +19.6%
- +23.8%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 49%of 854
Top 43%of 733
Top 39%of 876
Top 33%of 878
Top 46%of 929
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 22, 2026 | 0.61 | 0.61 | +0.8% |
| Jan 21, 2026 | 0.62 | 0.59 | +4.7% |
| Oct 20, 2025 | 0.51 | 0.56 | −9.1% |
| Jul 21, 2025 | 0.35 | 0.52 | −33.1% |
| Apr 21, 2025 | 0.45 | 0.43 | +5.6% |
| Jan 21, 2025 | 0.49 | 0.46 | +7.5% |
| Oct 22, 2024 | 0.45 | 0.46 | −1.6% |
| Jul 23, 2024 | 0.38 | 0.44 | −13.4% |
2.4%of the share price, paid each year
On $1,000 invested$24a year at today's yield, before tax
+19.6%2020 to 2025
Raised–not every year
Paid per share, each year
$0.72 in 2020 → $1.75 in 2025
How safe it looks
33.6% of its profit
Room to growStretchedMore than it earns: 35.3%
News
National Energy Services Reunited declares $0.10 dividendSeeking Alpha · Nov 10, 20263 US Defense Stocks Worth Watching As Nvidia Questions Hit National SecurityYahoo Finance · Nov 9, 2026Auburn National GAAP EPS of $0.72, revenue of $9.1MSeeking Alpha · Oct 27, 2026United CEO backs national wealth tax, inheritance leviesSeeking Alpha · Oct 20, 2026Butler National boosts share buyback authorization to $11.9MSeeking Alpha · Oct 7, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
51No pass
Benjamin Graham
70Pass
Philip Fisher
59No pass
Peter Lynch
71Pass
Joel Greenblatt
31No pass
Charlie Munger
42No pass
Terry Smith
45No pass
Questions about Old National Bancorp
Is Old National Bancorp a good stock to buy?
A strong, very profitable business, and the price looks low. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Old National Bancorp AI analysis
What does Old National Bancorp do?
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 is in Banks - Regional.
Does Old National Bancorp pay a dividend?
Yes. At today's price the dividend is 2.4% a year, about 34% of its yearly profit. In 2025 it paid out $225 million in dividends.
Is Old National Bancorp stock halal?
No. Old National Bancorp does not pass our halal screen: its main business, banking, is not permitted. How we check
How has Old National Bancorp stock done over the past year?
Down 7.0% over the past twelve months, to $23.29. It traded between $23.29 and $25.40 and is 8.3% below its high.
Who are Old National Bancorp's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with Old National Bancorp's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.