Old National Bancorp Stock Net Income

ONB Stock  USD 23.27  0.19  0.81%   
Old National Bancorp fundamentals help investors to digest information that contributes to Old National's financial success or failures. It also enables traders to predict the movement of Old Stock. The fundamental analysis module provides a way to measure Old National's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Old National stock.
Last ReportedProjected for Next Year
Net Income539.2 M566.1 M
Net Income Applicable To Common Shares476.3 M500.1 M
Net Income From Continuing Ops539.2 M566.1 M
Net Income Per Share 1.74  1.83 
Net Income Per E B T 0.79  0.62 
At present, Old National's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 500.1 M, whereas Net Income Per E B T is forecasted to decline to 0.62.
  
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Old National Bancorp Company Net Income Analysis

Old National's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Old National Net Income

    
  539.19 M  
Most of Old National's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Old National Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Old Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Old National is extremely important. It helps to project a fair market value of Old Stock properly, considering its historical fundamentals such as Net Income. Since Old National's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Old National's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Old National's interrelated accounts and indicators.

Old Net Income Historical Pattern

Today, most investors in Old National Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Old National's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Old National net income as a starting point in their analysis.
   Old National Net Income   
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Old Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(708.74 Million)

At present, Old National's Accumulated Other Comprehensive Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, Old National Bancorp reported net income of 539.19 M. This is 57.79% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 5.57% higher than that of the company.

Old Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Old National's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Old National could also be used in its relative valuation, which is a method of valuing Old National by comparing valuation metrics of similar companies.
539.2M350.0M1.5B228.8M100%
Old National is currently under evaluation in net income category among its peers.

Old National ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Old National's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Old National's managers, analysts, and investors.
55.7%
Environmental
61.5%
Governance
Social

Old National Institutional Holders

Institutional Holdings refers to the ownership stake in Old National that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Old National's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Old National's value.
Shares
William Blair Investment Management, Llc2024-12-31
5.5 M
Verition Fund Managegment, Llc2024-12-31
5.1 M
Millennium Management Llc2024-12-31
4.8 M
Channing Capital Management, Llc2024-12-31
4.6 M
Northern Trust Corp2024-12-31
4.3 M
Silvercrest Asset Management Group Llc2024-12-31
4.3 M
Fisher Asset Management, Llc2024-12-31
4.1 M
Charles Schwab Investment Management Inc2024-12-31
3.7 M
Alyeska Investment Group, L.p.2024-12-31
3.6 M
Blackrock Inc2024-12-31
40.2 M
Vanguard Group Inc2024-12-31
33.9 M

Old Fundamentals

Return On Equity0.0906
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Return On Asset0.0105
Profit Margin0.31 %
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Operating Margin0.45 %
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Current Valuation12.13 B
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Shares Outstanding318.98 M
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Shares Owned By Insiders1.10 %
Shares Owned By Institutions96.17 %
Number Of Shares Shorted36.33 M
Price To Earning10.82 X
Price To Book1.22 X
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Price To Sales4.21 X
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Revenue2.6 B
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Gross Profit1.76 B
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EBITDA816.56 M
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Net Income539.19 M
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Cash And Equivalents466.85 M
Cash Per Share1.59 X
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Total Debt5.14 B
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Debt To Equity7.04 %
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Book Value Per Share19.15 X
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Cash Flow From Operations622.28 M
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Short Ratio10.17 X
Earnings Per Share1.68 X
Price To Earnings To Growth2.45 X
Target Price27.72
Number Of Employees4.07 K
Beta0.87
Market Capitalization7.42 B
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Total Asset53.55 B
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Retained Earnings1.97 B
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Annual Yield0.02 %
Five Year Return3.23 %
Net Asset53.55 B
Last Dividend Paid0.56

About Old National Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Old National Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Old National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Old National Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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 Old National Piotroski F Score and Old National Altman Z Score analysis.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.
Quarterly Earnings Growth
0.063
Dividend Share
0.56
Earnings Share
1.68
Revenue Per Share
5.692
Quarterly Revenue Growth
0.028
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.


 
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