Old National Bancorp (ONB) fair value analysis
Nasdaq · Updated 2026-10-19
ONB price how computed
Forward Fair Value verdict
Fairly valuedONB is trading at within about 10% of estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $25.01
- Sector
- Financial Services
- 12-month range
- $19.78–$27.29
- Market cap
- $9.57B
- From 52-week high
- -8.4%
- Shares outstanding
- 383M
- Rank in Financial Services by discount to fair value
- #94 of 167
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Old National Bancorp is a bank holding company that provides commercial banking, retail banking, and wealth management services through its subsidiary Old National Bank. The company operates primarily in the Midwest, with a significant presence in Indiana, Kentucky, and surrounding states.
ONB currently ranks #94 of 167 Financial Services stocks by discount to fair value. It has screened as Fairly valued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $9.57B
- P/E (trailing)
- 10x
- Revenue (TTM)
- $4.03B
- Net margin
- 22.0%
- EPS (TTM)
- $2.47
- Gross margin
- 66.2%
- Debt / equity
- 0.98
- Revenue growth (3-yr avg)
- 17.6%
- Shares outstanding
- 383M
Derived indicators how computed
- Quality grade
- B
- Margin trend
- Expanding
- 52-week position
- The upper-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 49 · neutral
- 50-day average
- $25.55
- 200-day average
- $24.51
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $0.57 per share (4 payments)
- Yield on last price
- 2.30%
- Consecutive years of increases
- 0 (no streak on complete calendar years)
- Last ex-dividend date
- 2026-09-04
- Last payment date
- 2026-09-15
Earnings how computed
- Last 8 quarters vs consensus
- 7 beat, 0 missed
- Quarter by quarter
- 2026-06 ▲ beat (+4.8%)
2026-03 ▲ beat (+1.7%)
2025-12 ▲ beat (+5.1%)
2025-09 ▲ beat (+5.4%)
2025-06 ▲ beat (+1.9%)
2025-03 ▲ beat (+4.7%)
2024-12 ▲ beat (+6.5%)
2024-09 ▬ met (0.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 11 buy · 4 hold · 0 sell (15 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $29.5
- Target vs last price
- +18.0%
What our data shows for ONB
- Our model validated 17 trailing price-to-earnings windows for ONB, built from quarterly earnings records.
- Shares are trading in the upper third of their 12-month price range of $19.78–$27.29.
- The 14-day relative strength index sits at a neutral 49.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for ONB
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent ONB news
TickrTrends' derived news-sentiment signal for ONB is currently leaning positive, computed from recent coverage.
- Old National Bancorp (ONB) (Q3 2026) Earnings Call Highlights: Record EPS, 44.9% Efficiency Ratio and Strong Deposit Growth (gurufocus.com, 2026-10-21)
- Q3 2026 Old National Bancorp Earnings Call Transcript (gurufocus.com, 2026-10-21)
TickrTrends take: Old National Bancorp operates in the Financial Services sector where valuation metrics typically reflect both asset quality and earnings stability. Given TickrTrends' assessment that ONB is fairly valued, investors focused on valuation should monitor how the company's Q3 2026 earnings performance aligns with the pricing already reflected in the stock, particularly regarding profitability trends and loan portfolio metrics that would justify either a premium or discount to current levels. Any material divergence between reported results and the expectations embedded in the fair value assessment would be relevant to whether the current valuation remains appropriate going forward. - Old National Bancorp (ONB) Q3 2026 Earnings Call Transcript (seekingalpha.com, 2026-10-21)
TickrTrends take: Old National Bancorp operates in the Financial Services sector and is currently assessed as Fairly valued according to TickrTrends analysis. With the company having reported Q3 2026 results, investors focused on valuation should monitor whether management commentary on net interest margins, loan growth, and credit quality provides any justification for material repricing relative to the Fairly valued assessment. Changes in deposit trends or efficiency metrics disclosed during the earnings call could signal whether the current valuation accurately reflects the company's operational trajectory going forward.
More ONB news
- Countdown to Old National Bancorp (ONB) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS (zacks.com, 2026-10-20)
- Old National Bancorp (ONB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release (zacks.com, 2026-10-14)
- Sector Trends: Technology Most Bought, Real Estate Sold on Oct. 12 (gurufocus.com, 2026-10-14)
- ONB Upgraded by Raymond James -- Rating Changed to Outperform (gurufocus.com, 2026-10-06)
- ONB Maintains Rating by TD Cowen -- Price Target Lowered to $30 (gurufocus.com, 2026-10-05)
- ONB Maintains Overweight Rating -- Price Target Lowered to $30 (gurufocus.com, 2026-10-01)
What people are saying
Follow the ONB conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — ONB's sector valuation ranking has shifted this week, moving from #83 to #98 among Financial Services companies when measured by discount rank. The stock remains assessed as fairly valued according to TickrTrends' derived indicators. This change in ranking position reflects a shift in how ONB's valuation compares relative to other firms in its sector.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is ONB stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), ONB is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.
What is ONB's TickrTrends verdict?
ONB's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.
How does ONB compare to other Financial Services stocks?
ONB ranks #94 of 167 Financial Services stocks in TickrTrends' coverage by discount to fair value.
Is ONB overbought or oversold?
ONB's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does ONB pay a dividend?
Yes. ONB paid $0.57 per share over the last twelve months (4 payments), a 2.30% yield on TickrTrends' last price. The last ex-dividend date was 2026-09-04.
Does ONB usually beat earnings estimates?
Over its last 8 reported quarters ONB beat the consensus estimate 7 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about ONB?
Of 15 analysts covering ONB, 11 rate it a buy, 4 a hold and 0 a sell - buy-leaning, with a consensus price target of $29.5 (+18.0% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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