OLD NATIONAL BANCORP (ONB) Stock Fundamental Analysis
USA - NASDAQ:ONB - US6800331075 - Common Stock
20.175 USD
+0.39 (+2%)
We assign a fundamental rating of 5 out of 10 to ONB. ONB was compared to 388 industry peers in the Banks industry. Both the profitability and financial health of ONB have multiple concerns. ONB is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year ONB was profitable.
ONB had a positive operating cash flow in the past year.
Each year in the past 5 years ONB has been profitable.
ONB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ONB's Return On Assets of 0.83% is in line compared to the rest of the industry. ONB outperforms 46.13% of its industry peers.
The Return On Equity of ONB (7.10%) is worse than 64.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 7.1% | ||
| ROIC | N/A |
ROA(3y)1.01%
ROA(5y)1.03%
ROE(3y)8.83%
ROE(5y)8.67%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ONB has a Profit Margin of 25.41%. This is in the better half of the industry: ONB outperforms 61.86% of its industry peers.
ONB's Profit Margin has been stable in the last couple of years.
ONB does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 25.41% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.78%
PM growth 5Y-1.32%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ONB does not have a ROIC to compare to the WACC, probably because it is not profitable.
ONB has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ONB has more shares outstanding
Compared to 1 year ago, ONB has an improved debt to assets ratio.
2.2 Solvency
ONB has a debt to FCF ratio of 1.51. This is a very positive value and a sign of high solvency as it would only need 1.51 years to pay back of all of its debts.
With a Debt to FCF ratio value of 1.51, ONB perfoms like the industry average, outperforming 56.96% of the companies in the same industry.
A Debt/Equity ratio of 0.13 indicates that ONB is not too dependend on debt financing.
ONB has a better Debt to Equity ratio (0.13) than 60.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.51 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.84%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
ONB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.57%, which is quite good.
ONB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.00% yearly.
The Revenue has grown by 24.93% in the past year. This is a very strong growth!
ONB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.60% yearly.
EPS 1Y (TTM)12.57%
EPS 3Y2.44%
EPS 5Y6%
EPS Q2Q%28.26%
Revenue 1Y (TTM)24.93%
Revenue growth 3Y32.51%
Revenue growth 5Y18.6%
Sales Q2Q%45.12%
3.2 Future
Based on estimates for the next years, ONB will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.87% on average per year.
The Revenue is expected to grow by 17.10% on average over the next years. This is quite good.
EPS Next Y16.99%
EPS Next 2Y19.09%
EPS Next 3Y15.87%
EPS Next 5YN/A
Revenue Next Year33.66%
Revenue Next 2Y23.78%
Revenue Next 3Y17.1%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.79 indicates a reasonable valuation of ONB.
72.42% of the companies in the same industry are more expensive than ONB, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of ONB to the average of the S&P500 Index (25.56), we can say ONB is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.65, the valuation of ONB can be described as very cheap.
Based on the Price/Forward Earnings ratio, ONB is valued cheaper than 85.05% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.62. ONB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.79 | ||
| Fwd PE | 7.65 |
4.2 Price Multiples
ONB's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.84 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ONB's earnings are expected to grow with 15.87% in the coming years.
PEG (NY)0.58
PEG (5Y)1.63
EPS Next 2Y19.09%
EPS Next 3Y15.87%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.69%, ONB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.39, ONB has a dividend in line with its industry peers.
ONB's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
5.2 History
The dividend of ONB has a limited annual growth rate of 3.80%.
ONB has paid a dividend for at least 10 years, which is a reliable track record.
ONB has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.8%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
36.45% of the earnings are spent on dividend by ONB. This is a low number and sustainable payout ratio.
ONB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP36.45%
EPS Next 2Y19.09%
EPS Next 3Y15.87%
NASDAQ:ONB (11/18/2025, 12:39:06 PM)
20.175
+0.39 (+2%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners94.32%
Inst Owner Change3.93%
Ins Owners0.38%
Ins Owner Change0.06%
Market Cap7.91B
Revenue(TTM)2.32B
Net Income(TTM)590.37M
Analysts77.33
Price Target26.35 (30.61%)
Short Float %4.98%
Short Ratio4.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
Yearly Dividend0.63
Dividend Growth(5Y)3.8%
DP36.45%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.55%
Min EPS beat(2)1.5%
Max EPS beat(2)3.61%
EPS beat(4)4
Avg EPS beat(4)3.69%
Min EPS beat(4)1.5%
Max EPS beat(4)5.32%
EPS beat(8)6
Avg EPS beat(8)1.87%
EPS beat(12)9
Avg EPS beat(12)1.81%
EPS beat(16)13
Avg EPS beat(16)5.42%
Revenue beat(2)2
Avg Revenue beat(2)1.55%
Min Revenue beat(2)0.2%
Max Revenue beat(2)2.9%
Revenue beat(4)2
Avg Revenue beat(4)0.68%
Min Revenue beat(4)-0.29%
Max Revenue beat(4)2.9%
Revenue beat(8)3
Avg Revenue beat(8)0.25%
Revenue beat(12)5
Avg Revenue beat(12)1.06%
Revenue beat(16)8
Avg Revenue beat(16)1.82%
PT rev (1m)-1.59%
PT rev (3m)-1.67%
EPS NQ rev (1m)-1.24%
EPS NQ rev (3m)-1.25%
EPS NY rev (1m)0.44%
EPS NY rev (3m)-0.07%
Revenue NQ rev (1m)-0.38%
Revenue NQ rev (3m)-0.26%
Revenue NY rev (1m)0.35%
Revenue NY rev (3m)0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.79 | ||
| Fwd PE | 7.65 | ||
| P/S | 3.4 | ||
| P/FCF | 10.84 | ||
| P/OCF | 10.43 | ||
| P/B | 0.95 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.06
EY10.21%
EPS(NY)2.64
Fwd EY13.08%
FCF(TTM)1.86
FCFY9.22%
OCF(TTM)1.93
OCFY9.59%
SpS5.93
BVpS21.2
TBVpS13.74
PEG (NY)0.58
PEG (5Y)1.63
Graham Number31.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 7.1% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 25.41% | ||
| GM | N/A | ||
| FCFM | 31.38% |
ROA(3y)1.01%
ROA(5y)1.03%
ROE(3y)8.83%
ROE(5y)8.67%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.78%
PM growth 5Y-1.32%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.51 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 28.47% | ||
| Cap/Sales | 1.25% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 123.5% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC11.84%
ROIC/WACCN/A
Cap/Depr(3y)56.18%
Cap/Depr(5y)73.31%
Cap/Sales(3y)1.96%
Cap/Sales(5y)3.12%
Profit Quality(3y)128.38%
Profit Quality(5y)114.02%
High Growth Momentum
Growth
EPS 1Y (TTM)12.57%
EPS 3Y2.44%
EPS 5Y6%
EPS Q2Q%28.26%
EPS Next Y16.99%
EPS Next 2Y19.09%
EPS Next 3Y15.87%
EPS Next 5YN/A
Revenue 1Y (TTM)24.93%
Revenue growth 3Y32.51%
Revenue growth 5Y18.6%
Sales Q2Q%45.12%
Revenue Next Year33.66%
Revenue Next 2Y23.78%
Revenue Next 3Y17.1%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y36.69%
FCF growth 3Y28.09%
FCF growth 5Y24.69%
OCF growth 1Y32.84%
OCF growth 3Y23.5%
OCF growth 5Y21.63%
OLD NATIONAL BANCORP / ONB FAQ
What is the fundamental rating for ONB stock?
ChartMill assigns a fundamental rating of 5 / 10 to ONB.
Can you provide the valuation status for OLD NATIONAL BANCORP?
ChartMill assigns a valuation rating of 6 / 10 to OLD NATIONAL BANCORP (ONB). This can be considered as Fairly Valued.
What is the profitability of ONB stock?
OLD NATIONAL BANCORP (ONB) has a profitability rating of 3 / 10.
What are the PE and PB ratios of OLD NATIONAL BANCORP (ONB) stock?
The Price/Earnings (PE) ratio for OLD NATIONAL BANCORP (ONB) is 9.79 and the Price/Book (PB) ratio is 0.95.
Is the dividend of OLD NATIONAL BANCORP sustainable?
The dividend rating of OLD NATIONAL BANCORP (ONB) is 6 / 10 and the dividend payout ratio is 36.45%.