Michael Woods - Old National Senior Vice President Controller

ONB Stock  USD 20.20  0.42  2.04%   

President

Mr. Michael Woods is Senior Vice President, Controller of the Company. He previously served as coacting corporate controller of FirstMerit Corporationrationration, a financial services company with approximately 26.2 billion in assets, beginning in May 2016. In this role, he had a wide range of responsibilities, which included managing internal and external financial reporting. Prior to that role, Mr. Woods served as Vice President Accounting Policy and Risk Compliance Manager from May 2015 to April 2016 and Vice President Corporationrationrate Accounting from October 2012 to May 2015 for FirstMerit. In these roles, Mr. Woods was responsible for FirstMerits management of accounting policies and internal controls, among other responsibilities. Prior to joining FirstMerit, Mr. Woods held the position of Vice President SEC Reporting Manager for KeyCorporation a financial services company with approximately 136 billion in assets. In this role, he managed the external reporting process for KeyCorporationbeginning in December 2008. since 2017.
Age 56
Tenure 8 years
Phone800 731 2265
Webhttps://www.oldnational.com

Michael Woods Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Woods against Old National stock is an integral part of due diligence when investing in Old National. Michael Woods insider activity provides valuable insight into whether Old National is net buyers or sellers over its current business cycle. Note, Old National insiders must abide by specific rules, including filing SEC forms every time they buy or sell Old National'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Old National Management Efficiency

The company has Return on Asset of 0.0105 % which means that on every $100 spent on assets, it made $0.0105 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0906 %, implying that it generated $0.0906 on every 100 dollars invested. Old National's management efficiency ratios could be used to measure how well Old National manages its routine affairs as well as how well it operates its assets and liabilities.
Old National Bancorp has 5.14 B in debt with debt to equity (D/E) ratio of 7.04, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Note however, debt could still be an excellent tool for Old to invest in growth at high rates of return.

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Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana. Old National operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 4008 people. Old National Bancorp (ONB) is traded on NASDAQ Exchange in USA. It is located in One Main Street, Evansville, IN, United States, 47708 and employs 4,066 people. Old National is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Old National Bancorp Leadership Team

Elected by the shareholders, the Old National's board of directors comprises two types of representatives: Old National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Old. The board's role is to monitor Old National's management team and ensure that shareholders' interests are well served. Old National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Old National's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Sander, President COO
Steve Liggett, Market President
Kelly Cunningham, Market President
Scott Evernham, Chief Officer
Corliss Garner, Equity Diversity
Kathy Schoettlin, Culture Communications
Jeffrey Knight, Chief Legal Counsel, Executive VP and Corporate Secretary
Nicholas Chulos, Chief VP
Jeff Newcom, Chief Officer
Kendra Vanzo, Executive Vice President-Associate Engagement and Integrations
Bob Kelly, Market President
John IV, Chief EVP
James Sandgren, Chief Banking Officer and Executive VP
Mike Jamieson, Market President
Bob Diedrich, Market President
Michael Woods, Senior Vice President Controller
Paul Kilroy, Chief Officer
Connie Lavin, Market President
Rick Mahoney, Market President
Joan Kissel, Chief Officer
Angela Putnam, Senior Officer
Lynell CPA, Senior Relations
James III, CEO Director
Brendon Falconer, Chief Officer
Michael Scudder, Executive Chairman

Old Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Old National a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Old National Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Old National Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old National Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old National. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Old National Bancorp is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old National's value that differs from its market value or its book value, called intrinsic value, which is Old National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old National's market value can be influenced by many factors that don't directly affect Old National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.