Old National Bancorp (ONB) Expected to Release Earnings on Wednesday

Old National Bancorp (NASDAQ:ONB) is expected to issue its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect the company to post earnings of $0.62 per share and revenue of $716.2310 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 10:00 AM ET.

Old National Bancorp (NASDAQ:ONB) last released its earnings results on Wednesday, April 22nd. The bank reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.01. Old National Bancorp had a net margin of 18.90% and a return on equity of 11.23%. The company had revenue of $702.70 million during the quarter, compared to the consensus estimate of $706.62 million. During the same quarter in the prior year, the firm earned $0.45 EPS. The company’s revenue was up 44.4% compared to the same quarter last year. On average, analysts expect Old National Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Old National Bancorp Trading Down 0.9%

NASDAQ ONB opened at $26.51 on Tuesday. The firm’s fifty day simple moving average is $24.92 and its 200-day simple moving average is $23.93. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.89. Old National Bancorp has a 1-year low of $19.39 and a 1-year high of $27.32. The company has a market capitalization of $10.24 billion, a PE ratio of 13.66 and a beta of 0.83.

Old National Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were paid a $0.145 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.58 annualized dividend and a dividend yield of 2.2%. Old National Bancorp’s payout ratio is presently 29.90%.

Analyst Ratings Changes

Several analysts have commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Old National Bancorp in a research report on Thursday, June 4th. Jefferies Financial Group raised their target price on Old National Bancorp from $23.00 to $25.00 and gave the company a “hold” rating in a report on Wednesday, April 22nd. Truist Financial raised their price target on shares of Old National Bancorp from $27.00 to $28.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Raymond James Financial started coverage on Old National Bancorp in a research report on Tuesday, July 7th. They set a “market perform” rating on the stock. Finally, Keefe, Bruyette & Woods increased their price target on shares of Old National Bancorp from $27.00 to $28.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Old National Bancorp has an average rating of “Moderate Buy” and an average target price of $28.55.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ONB. Royal Bank of Canada boosted its position in shares of Old National Bancorp by 2.0% in the 1st quarter. Royal Bank of Canada now owns 214,065 shares of the bank’s stock worth $4,536,000 after purchasing an additional 4,153 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Old National Bancorp by 87.8% during the 1st quarter. Jones Financial Companies Lllp now owns 12,696 shares of the bank’s stock worth $269,000 after acquiring an additional 5,936 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Old National Bancorp by 8.2% in the first quarter. Goldman Sachs Group Inc. now owns 2,843,946 shares of the bank’s stock valued at $60,263,000 after purchasing an additional 215,203 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Old National Bancorp by 7.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 913,117 shares of the bank’s stock valued at $19,349,000 after acquiring an additional 64,110 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in Old National Bancorp by 6.1% in the second quarter. Russell Investments Group Ltd. now owns 53,853 shares of the bank’s stock valued at $1,149,000 after purchasing an additional 3,091 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

About Old National Bancorp

Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.

In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.