Old Historical Income Statement
ONB Stock | USD 21.46 0.14 0.65% |
Historical analysis of Old National income statement accounts such as Ebit of 788.9 M can show how well Old National Bancorp performed in making a profits. Evaluating Old National income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Old National's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Old National Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Old National Bancorp is a good buy for the upcoming year.
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About Old Income Statement Analysis
Old National Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Old National shareholders. The income statement also shows Old investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Old National Income Statement Chart
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Operating Income
Operating Income is the amount of profit realized from Old National Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Old National Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Old National Bancorp financial statement analysis. It represents the amount of money remaining after all of Old National Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Old National's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Old National Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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. At present, Old National's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 2 B, whereas Tax Provision is forecasted to decline to about 83.6 M.
2022 | 2023 | 2024 | 2025 (projected) | EBIT | 542.1M | 710.2M | 751.3M | 788.9M | Operating Income | 671.0M | 751.3M | 832.2M | 873.8M |
Old National income statement Correlations
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Old National income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Interest Expense | 67.2M | 42.2M | 126.3M | 703.7M | 1.1B | 1.1B | |
Other Operating Expenses | 579.8M | (471.8M) | 71.3M | 1.0B | 1.9B | 2.0B | |
Operating Income | 255.6M | 338.9M | 671.0M | 751.3M | 832.2M | 873.8M | |
Ebit | 269.7M | 342.1M | 542.1M | 710.2M | 751.3M | 788.9M | |
Ebitda | 313.8M | 383.1M | 607.0M | 775.5M | 816.6M | 857.4M | |
Total Operating Expenses | (579.8M) | (471.8M) | 71.3M | 1.0B | 1.9B | 2.0B | |
Net Income | 226.4M | 277.5M | 428.3M | 582.0M | 539.2M | 566.1M | |
Income Tax Expense | 29.1M | 61.3M | 116.4M | 169.3M | 141.3M | 148.3M | |
Depreciation And Amortization | 44.0M | 41.0M | 65.0M | 65.3M | 65.6M | 68.9M | |
Selling General Administrative | 351.1M | 347.3M | 595.0M | 124.7M | 647.8M | 680.2M | |
Selling And Marketing Expenses | 10.9M | 12.7M | 32.3M | 39.5M | 45.6M | 47.9M | |
Total Revenue | 835.4M | 810.6M | 1.7B | 1.8B | 2.6B | 2.7B | |
Gross Profit | 835.4M | 810.6M | 1.7B | 1.8B | 2.6B | 2.7B | |
Income Before Tax | 255.6M | 338.9M | 544.7M | 751.3M | 680.4M | 714.5M | |
Total Other Income Expense Net | (20.8M) | (17.4M) | (45.2M) | 751.3M | 680.4M | 714.5M | |
Net Income Applicable To Common Shares | 238.2M | 226.4M | 277.5M | 414.2M | 476.3M | 500.1M | |
Net Income From Continuing Ops | 226.4M | 277.5M | 661.2M | 650.2M | 539.2M | 566.1M | |
Tax Provision | 29.1M | 61.3M | 116.4M | 194.4M | 141.3M | 83.6M | |
Net Interest Income | 596.1M | 596.4M | 1.3B | 1.5B | 1.5B | 829.5M | |
Interest Income | 663.3M | 638.6M | 1.5B | 2.1B | 2.6B | 2.7B | |
Reconciled Depreciation | 43.0M | 11.3M | 25.9M | 62.8M | 65.6M | 44.6M |
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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. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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 | 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.