ONB

Based on Old National Bancorp's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

What does Old National Bancorp do?

Old National Bancorp is the holding company for Old National Bank, a Midwest regional bank offering deposit accounts, loans, wealth management, treasury services, and digital banking. It serves both individual consumers and commercial clients across Indiana, Kentucky, Michigan, Minnesota, and Wisconsin through over 160 banking centers.

Does ONB pay dividends?

Yes, Old National Bancorp pays a regular dividend. Regional banks like ONB have historically prioritized returning capital to shareholders through dividends, making ONB relevant to income-oriented investors. Dividend sustainability depends on the bank's ongoing earnings and capital adequacy.

When does ONB report earnings?

Old National Bancorp reports earnings on a quarterly cadence, as is standard for US-listed bank holding companies. For the exact schedule and most recent results, check the investor relations section of Old National Bancorp's official website.

Is ONB a good stock to buy?

UQS Score rates ONB as Below Average overall. While the Quality pillar is Good and Valuation is Attractive, the Moat and Risk pillars are both Weak. That combination suggests the stock carries meaningful risks that offset its apparent value. Investors should review the full pillar breakdown before drawing conclusions.

Is ONB overvalued?

The UQS Valuation pillar for ONB is rated Attractive, suggesting the stock is not trading at an elevated premium relative to its fundamentals. However, an attractive price alone does not make a stock a compelling investment — the Weak Moat and Risk ratings are important context.

How does ONB compare to its competitors?

Compared to peers like Zions Bancorporation and UMB Financial, ONB is a more geographically concentrated Midwest community bank. Against fintech challengers like Chime, ONB competes on relationship banking and branch access rather than digital-first convenience. Each competitor brings a different risk and growth profile.

What is ONB's market cap bracket?

Old National Bancorp is classified as a mid-cap stock. This places it in a range that is larger than most community banks but well below the scale of major national banking institutions, which affects its competitive positioning and liquidity profile.

Who founded Old National Bancorp?

Old National Bancorp traces its roots to 1834, making it one of the oldest banking institutions in the Midwest. Detailed founding history, including original incorporators, is publicly available through the company's official historical records and investor relations materials.

Is ONB a long-term quality investment?

As a long-term quality indicator, ONB's UQS profile presents a mixed picture. The Good Quality rating suggests reasonable operational fundamentals, but Weak Moat and Risk ratings raise questions about durable competitive advantage and resilience across economic cycles. Long-term investors should weigh these factors carefully using the full UQS breakdown.

What is the main competitive advantage of Old National Bancorp?

Old National's primary competitive advantage lies in its deep community roots and long-standing customer relationships across the Midwest, built over nearly two centuries. However, the UQS Moat pillar rates this advantage as Weak, reflecting the difficulty regional banks face in differentiating from larger national banks and digital challengers.

What sector does ONB belong to?

Old National Bancorp belongs to the Financial Services sector, specifically within the regional banking industry. Regional banks are sensitive to interest rate movements, credit cycles, and local economic conditions — all of which factor into ONB's UQS Risk and Growth pillar assessments.

Old National Bancorp shows solid profitability with healthy returns on capital and reasonable margins.

Old National Bancorp shows steady but unspectacular growth, typical for mature companies.

Old National Bancorp presents elevated risk with concerns around leverage or financial stability.

Old National Bancorp appears attractively valued relative to its earnings, cash flows, and sector peers.

Old National Bancorp operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for ONB.

The UQS (Unified Quality Score) for Old National Bancorp is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Old National Bancorp's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Old National Bancorp is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.