OLD NATIONAL BANCORP (ONB)       19.11  +0.35 (+1.87%)

19.11  +0.35 (+1.87%)

US6800331075 - Common Stock - After market: 19.11 0 (0%)


Fundamental Rating

4

Taking everything into account, ONB scores 4 out of 10 in our fundamental rating. ONB was compared to 321 industry peers in the Banks industry. Both the profitability and financial health of ONB have multiple concerns. ONB has a correct valuation and a medium growth rate.




Profitability

Profitability Rating

1

ONB has a Piotroski-F score of 4.00. This indicates an average health and profitability for ONB.
ONB's Return On Assets of 0.61% is worse than the rest of the industry. The industry average Return On Assets is 1.11%. 92% of the industry peers have a better Return On Assets.

ONB's Return On Equity of 5.74% is worse than the rest of the industry. The industry average Return On Equity is 12.51%. 98% of the industry peers have a better Return On Equity.
ONB has a Profit Margin of 20.71%. This is below the industry average of 30.00%. 85% of the industry peers outperform ONB.
VS Industry

ROA (0.61%) VS Industry: 8% outperformed.

-1.10
7.44

ROE (5.74%) VS Industry: 2% outperformed.

2.49
50.88

Profit Margin (20.71%) VS Industry: 15% outperformed.

-34.82
51.79

Valuation

Valuation Rating

6

With a Price/Earnings Ratio of 10.98, the valuation of ONB can be described as very reasonable.
The Forward Price/Earnings Ratio of 8.89 indicates a rather cheap valuation of ONB.
When comparing the price book ratio of ONB to the average industry price book ratio of 1.25, ONB is valued rather cheaply.

Compared to an average industry Price/Earning Ratio of 10.56, ONB is valued in line with its industry peers.
ONB's PEG Ratio, which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
With a price book ratio of 1.13, ONB is valued correctly.
VS Industry

Price/Earnings (10.98) VS Industry: 43% outperformed.

445.00
0.30

Price/Book (1.13) VS Industry: 61% outperformed.

4.65
0.03

Growth

Growth Rating

6

The Earnings Per Share has been growing by 11.81% on average over the past 5 years. This is quite good.
Looking at the last year, ONB shows a very strong growth in Revenue. The Revenue has grown by 64.65%.
The Revenue is expected to grow by 20.69% on average over the next 5 years. This is a very strong growth
The Revenue growth is accelerating: in the next 5 years the growth will be better than in the last years.

The earnings per share for ONB have decreased by -3.33% in the last year.
ONB is expected to show a small growth in Earnings Per Share. In the coming 5 years, the EPS will grow by 5.25% yearly.
ONB shows a small growth in Revenue. Measured over the last 5 years, the Revenue has been growing by 4.34% yearly.
The EPS growth is decreasing: in the next 5 years the growth will be less than in the last years.

PastFuture
5Y3Y1Y1Y2Y3Y5Y
EPS11.81% 13.28% -3.33% 10.46% 11.48% 6.17% 5.25%
Revenue4.34% 3.42% 64.65% 103.14% 51.66% 31.77% 20.69%

Health

Health Rating

3

When comparing the Debt to Equity Ratio of 0.13 to an average industry Debt to Equity of 0.17, ONB is way less dependent on financing that its industry peers.

ONB has a Piotroski-F score of 4.00. This indicates an average health and profitability for ONB.
VS Industry

Debt/Equity (0.13) VS Industry: 63% outperformed.

3.83
0.00

Dividend

Dividend Rating

6

Compared to an average S&P500 Dividend Yield of 2.47, ONB pays a bit more dividend than the S&P500 average.
The dividend of ONB is growing, but earnings are growing more, so the dividend growth is sustainable.
ONB has paid a dividend for at least 10 years, which is a reliable track record.
ONB has a Yearly Dividend Yield of 3.00%. Purely for dividend investing, there may be better candidates out there.

Compared to an average industry Dividend Yield of 3.05, ONB has a dividend in line with its industry peers.
The dividend of ONB has a limited annual growth rate of 2.50%.
54.94% of the earnings are spent on dividend by ONB. This is a bit on the high side, but may be sustainable.
VS Industry

Dividend Yield (3%) VS Industry: 48% outperformed.

0.09
20.35
ONB Daily chart

OLD NATIONAL BANCORP19.11

NASDAQ:ONB (11/30/2022, 7:00:02 PM)+0.35 (+1.87%)

After market: 19.11 0 (0%)

Chartmill FA Rating
GICS Sector Financials
GICS IndustryGroup Banks
GICS Industry Banks
Earnings (Last) 10-25 2022-10-25/bmo Earnings (Next) 01-16 2023-01-16
Ins Owners 0.59% Inst Owners 76.37%
Market Cap 5.60B Analysts 76.36
Valuation
PE 10.98 Fwd PE 8.89
PEG (NY) 1.05 PEG (5Y) 0.93
P/S 4.09 P/B 1.13
EV/EBITDA N/A
Dividend
Dividend Yield 3% Dividend Growth 2.5%
DP 54.94% Ex-Date 11-30 2022-11-30 (0.14)
Growth
EPS 1Y -3.33% EPS 3Y 13.28%
EPS 5Y 11.81% EPS growth Q2Q 18.6%
EPS Next Y 10.46% EPS Next 2Y 11.48%
EPS Next 3Y 6.17% EPS Next 5Y 5.25%
Revenue growth 1Y 64.65% Revenue growth 3Y 3.42%
Revenue growth 5Y 4.34% Revenue growth Q2Q 121.72%
Revenue Next Year 103.14% Revenue Next 2Y 51.66%
Revenue Next 3Y 31.77% Revenue Next 5Y 20.69%
Health
Current Ratio N/A Quick Ratio N/A
Altman-Z N/A F-Score 4
Debt/Equity 0.13 WACC 7.27%
ROIC/WACC N/A
Profitability
ROA 0.61% ROE 5.74%
ROICexgc N/A ROIC N/A
PM 20.71% OM N/A
Asset Turnover 0.03

Fundamental Stock Screener Links

Screen Image

Fundamental Stock Screener

Find stocks with similar Fundamental rating on the USA

Screen Image

Best Fundamental Competitors Stock Screener

Find the competitors with the best fundamentals on the USA

Screen Image

Best Valuation Competitors Stock Screener

Find the competitors with the best valuation on the USA

Screen Image

Best Dividend Competitors Stock Screener

Find the competitors with the best dividend on the USA