Old National Bancorp (ONB) |
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Price: $16.1800
$-0.22
-1.341%
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Day's High:
| $16.36
| Week Perf:
| -2.12 %
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Day's Low: |
$ 16.13 |
30 Day Perf: |
-2.88 % |
Volume (M): |
2,170 |
52 Wk High: |
$ 17.64 |
Volume (M$): |
$ 35,107 |
52 Wk Avg: |
$15.00 |
Open: |
$16.35 |
52 Wk Low: |
$11.66 |
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Market Capitalization (Millions $) |
4,719 |
Shares
Outstanding (Millions) |
292 |
Employees |
2,652 |
Revenues (TTM) (Millions $) |
1,778 |
Net Income (TTM) (Millions $) |
582 |
Cash Flow (TTM) (Millions $) |
447 |
Capital Exp. (TTM) (Millions $) |
38 |
Old National Bancorp
Old National is a financial holding company incorporated in the state of Indiana
and maintains its principal executive office in Evansville, Indiana. We, through
our wholly owned banking subsidiary, provide a wide range of services, including
commercial and consumer loan and depository services, private banking, brokerage,
trust, investment advisory, and other traditional banking services. Through
our non-bank affiliates, we provide full service insurance brokerage services
and other financial services.
Old National Bank, our wholly owned banking subsidiary (“Old National
Bank”), was founded in 1834 and is the oldest company in Evansville, Indiana.
In 1982, Old National Bancorp was formed; in 2001 we became a financial holding
company and we are currently the largest financial holding company headquartered
in the state of Indiana. Also in 2001, we completed the consolidation of 21
bank charters enabling us to operate under a common name with consistent product
offerings throughout the financial center locations, consolidating back-office
operations and allowing us to provide more convenient service to clients. We
provide financial services primarily in Indiana, Kentucky, and Michigan.
We earn interest income on loans as well as fee income from the origination
of loans. Lending activities include loans to individuals, which primarily consist
of home equity lines of credit, residential real estate loans and consumer loans,
and loans to commercial clients, which include commercial loans, commercial
real estate loans, letters of credit, and lease financing. Residential real
estate loans are either kept in our loan portfolio or sold to secondary investors,
with gains or losses from the sales being recognized.
We operate in two segments: banking and insurance. Substantially all of our
revenues are, and during the last three fiscal years have been, derived from
customers located in, and substantially all of our assets are located in, the
United States.
We strive to serve individuals and commercial clients by providing depository
services that fit their needs at competitive rates. We pay interest on the interest-bearing
deposits and receive service fee revenue on various accounts. Deposit accounts
include products such as noninterest-bearing demand, negotiable order of withdrawal
(“NOW”), savings and money market, and time deposits. Debit and
ATM cards provide clients with access to their accounts 24 hours a day at any
ATM location. We also provide 24-hour telephone access and online banking as
well as other electronic and mobile banking services.
Company Address: One Main Street Evansville, 47708 IN
Company Phone Number: 731-2265 Stock Exchange / Ticker: NASDAQ ONB
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Customers recorded net loss |
Customers recorded net loss |
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Stock Performances by Major Competitors |
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Old National Bancorp
Old National Bancorp (ONB) recently reported its financial results for the most recent fiscal period. The company experienced a decrease in both revenue and income, with income per share decreasing by -5.29% to $0.44 and revenue decreasing by -14.454% year on year. In the fourth quarter of 2022, revenue was $529.43 million, while in the most recent period, it dropped to $452.91 million. Comparing the previous quarter, income per share decreased by -9.89%, from $0.49 to $0.44 per share. However, revenue increased by 3.65% from $436.96 million. The net profits for the financial period ending December 31, 2023, were $132.480 million, which is a -34% decrease compared to $200.735 million in the same period the previous year.
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Dividend
Published Wed, Feb 21 2024 9:15 PM UTC
EVANSVILLE, Ind., Feb. 21, 2024 - Old National Bancorp (NASDAQ: ONB) has taken important steps to enhance shareholder value, announcing a cash dividend and stock repurchase program. The company's Board of Directors has declared a quarterly cash dividend of $0.14 per share on the company's outstanding shares of common stock. Shareholders of record as of March 5, 202...
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Dividend
Published Wed, Nov 15 2023 9:05 PM UTC
EVANSVILLE, Ind., Nov. 15, 2023 - Old National Bancorp (NASDAQ: ONB) has made an announcement regarding its quarterly dividends. The company's Board of Directors has declared a quarterly cash dividend of $0.14 per share on its outstanding shares of common stock. This dividend will be payable on December 15, 2023, to shareholders of record as of December 1, 2023.
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Old National Bancorp
Old National Bancorp, a prominent financial institution, recently reported its financial results for the fiscal period ending September 30, 2023. While the company experienced a decline in revenue, it successfully raised its earnings per share (EPS). Additionally, Old National Bancorp highlighted improving profit margins and an increase in operating earnings, indicating positive growth prospects. This article will outline the key financial facts and provide an analysis of the company's performance in relation to the industry, as well as its stock performance in recent trading days. Financial Results and Analysis: 1. Revenue: Old National Bancorp witnessed a decrease in revenue, dropping by -1.959% to $436.96 million compared to the previous year. This decline can be attributed to various factors specific to the company's operations and market conditions during the fiscal period.
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Old National Bancorp
Old National Bancorp, a leading financial institution, has reported impressive financial results for the fiscal year closing June 30, 2023. Revenue for the period increased by 7.588% to $449.01 million compared to the previous year. This strong growth in revenue is a positive sign for the company, indicating its ability to generate higher sales. Furthermore, Old National Bancorp also experienced significant profitability advancement, with a 36.84% increase in net income to $0.52 per share, compared to $0.38 in the prior year. This improvement in profitability reflects the company's efficient operations and successful business strategies.
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Per Share |
Current |
Earnings (TTM) |
1.94 $ |
Revenues (TTM) |
6.09 $
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Cash Flow (TTM) |
1.53 $ |
Cash |
-
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Book Value |
19.07 $
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Dividend (TTM) |
0.56 $ |
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Per Share |
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Earnings (TTM) |
1.94 $
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Revenues (TTM) |
6.09 $ |
Cash Flow (TTM) |
1.53 $ |
Cash |
-
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Book Value |
19.07 $ |
Dividend (TTM) |
0.56 $ |
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