📊 ONBPP Key Takeaways
Is Old National Bancorp /In/ (ONBPP) a Good Investment?
Old National Bancorp demonstrates strong fundamental growth with 58.9% revenue expansion and robust 20.5% net margins, supported by solid free cash flow generation of $637.4M. However, ROE of 7.9% significantly lags industry standards (typically 10-15%), suggesting acquisition-related integration headwinds and below-average capital efficiency that warrant cautious monitoring despite overall financial health.
Old National shows strong top-line expansion and solid free cash flow, but modest net income growth and a below-peer ROE indicate pressure from funding costs, integration, or efficiency. Capitalization and leverage look conservative, providing resilience to credit or rate shocks. Evidence of sustained margin stability and improving returns would be needed to upgrade the fundamental view.
Why Buy Old National Bancorp /In/ Stock? ONBPP Key Strengths
- Exceptional revenue growth of 58.9% YoY with consistent profitability at 25.7% operating margin
- Strong free cash flow of $637.4M (19.5% FCF margin) indicating quality earnings and cash generation capability
- Conservative balance sheet with low leverage (0.20x Debt/Equity) and manageable debt obligations
- Positive net income and EPS growth (+2.5% and +6.5% respectively) despite integration costs
- Strong revenue growth with expanding scale
- Conservative leverage and solid equity base
- Healthy net margin and positive FCF generation
ONBPP Stock Risks: Old National Bancorp /In/ Investment Risks
- ROE of 7.9% substantially below banking sector norms, indicating suboptimal capital deployment and returns
- Significant disconnect between revenue growth (58.9%) and net income growth (2.5%) signals acquisition-related margin compression or integration challenges
- Interest coverage of 3.5x provides limited buffer against interest rate declines, creating vulnerability to monetary policy shifts
- ROA of 0.9% is below average for commercial banks, suggesting lower asset productivity requiring operational improvement
- Net interest margin compression from higher funding costs
- Rising credit losses in a downturn
- Integration and execution risk from rapid growth/regulatory scrutiny
Key Metrics to Watch
- Return on Equity (ROE) trajectory - critical to verify if returns normalize post-integration
- Net interest margin and deposit dynamics - essential drivers of bank profitability
- Integration progress metrics and expense synergies realization from acquisition activity
- Credit quality indicators and loan loss provisions - assess asset quality sustainability
- Net interest margin (NIM)
- Net charge-off rate/credit losses
Old National Bancorp /In/ (ONBPP) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
ONBPP Profit Margin, ROE & Profitability Analysis
ONBPP vs Finance Sector: How Old National Bancorp /In/ Compares
How Old National Bancorp /In/ compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Old National Bancorp /In/ Stock Overvalued? ONBPP Valuation Analysis 2026
Based on fundamental analysis, Old National Bancorp /In/ has mixed fundamental signals relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Old National Bancorp /In/ Balance Sheet: ONBPP Debt, Cash & Liquidity
ONBPP Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Old National Bancorp /In/'s revenue has remained relatively flat over the 5-year period, with a 5% decline. The most recent EPS of $1.94 reflects profitable operations.
ONBPP Revenue Growth, EPS Growth & YoY Performance
ONBPP Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2021 | $30.0M | $22.6M | $0.43 |
| Q2 2021 | $27.8M | $22.6M | $0.32 |
| Q1 2021 | $30.2M | $22.6M | $0.13 |
| Q3 2020 | $30.0M | $22.6M | $0.41 |
| Q2 2020 | $27.8M | $22.6M | $0.32 |
| Q1 2020 | $31.0M | $22.6M | $0.13 |
| Q3 2019 | $31.2M | $38.1M | $0.34 |
| Q2 2019 | $32.3M | $38.8M | $0.29 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Old National Bancorp /In/ Dividends, Buybacks & Capital Allocation
ONBPP SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Old National Bancorp /In/ (CIK: 0000707179)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ONBPP
What is the AI rating for ONBPP?
Old National Bancorp /In/ (ONBPP) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (HOLD) with 66% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ONBPP's key strengths?
Claude: Exceptional revenue growth of 58.9% YoY with consistent profitability at 25.7% operating margin. Strong free cash flow of $637.4M (19.5% FCF margin) indicating quality earnings and cash generation capability. ChatGPT: Strong revenue growth with expanding scale. Conservative leverage and solid equity base.
What are the risks of investing in ONBPP?
Claude: ROE of 7.9% substantially below banking sector norms, indicating suboptimal capital deployment and returns. Significant disconnect between revenue growth (58.9%) and net income growth (2.5%) signals acquisition-related margin compression or integration challenges. ChatGPT: Net interest margin compression from higher funding costs. Rising credit losses in a downturn.
What is ONBPP's revenue and growth?
Old National Bancorp /In/ reported revenue of $3.3B.
Does ONBPP pay dividends?
Old National Bancorp /In/ pays dividends, with $225.1M distributed to shareholders in the trailing twelve months.
Where can I find ONBPP SEC filings?
Official SEC filings for Old National Bancorp /In/ (CIK: 0000707179) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ONBPP's EPS?
Old National Bancorp /In/ has a diluted EPS of $1.79.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is ONBPP a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Old National Bancorp /In/ has a BUY rating with 66% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is ONBPP stock overvalued or undervalued?
Valuation metrics for ONBPP: ROE of 7.9% (sector avg: 12%), net margin of 20.5% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
Should I buy ONBPP stock in 2026?
Our dual AI analysis gives Old National Bancorp /In/ a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ONBPP's free cash flow?
Old National Bancorp /In/'s operating cash flow is $681.5M, with capital expenditures of $44.1M. FCF margin is 19.5%.
How does ONBPP compare to other Finance stocks?
Vs Finance sector averages: Net margin 20.5% (avg: 25%), ROE 7.9% (avg: 12%), current ratio N/A (avg: 1.2).