Old National Net Worth
Old National Net Worth Breakdown | ONB |
Old National Net Worth Analysis
Old National's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Old National's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Old National's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Old National's net worth analysis. One common approach is to calculate Old National's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Old National's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Old National's net worth. This approach calculates the present value of Old National's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Old National's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Old National's net worth. This involves comparing Old National's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Old National's net worth relative to its peers.
Enterprise Value |
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To determine if Old National is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Old National's net worth research are outlined below:
| Over 96.0% of the company shares are owned by institutional investors | |
| On 17th of March 2025 Old National paid $ 0.14 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 9295 shares by Alahmar Chady M. of Old National at 20.96 subject to Rule 16b-3 |
Old National Quarterly Good Will |
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Old National uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Old National Bancorp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Old National's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 23rd of April 2024 Upcoming Quarterly Report | View | |
| 23rd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 28th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Old National Target Price Consensus
Old target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Old National's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 9 | Strong Buy |
Most Old analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Old stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Old National Bancorp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationOld National Target Price Projection
Old National's current and average target prices are 21.33 and 26.67, respectively. The current price of Old National is the price at which Old National Bancorp is currently trading. On the other hand, Old National's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Old National Market Quote on 21st of March 2025
Target Price
Analyst Consensus On Old National Target Price
Know Old National's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Old National is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Old National Bancorp backward and forwards among themselves. Old National's institutional investor refers to the entity that pools money to purchase Old National's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | William Blair Investment Management, Llc | 2024-12-31 | 5.5 M | Verition Fund Managegment, Llc | 2024-12-31 | 5.1 M | Millennium Management Llc | 2024-12-31 | 4.8 M | Channing Capital Management, Llc | 2024-12-31 | 4.6 M | Northern Trust Corp | 2024-12-31 | 4.3 M | Silvercrest Asset Management Group Llc | 2024-12-31 | 4.3 M | Fisher Asset Management, Llc | 2024-12-31 | 4.1 M | Jpmorgan Chase & Co | 2024-12-31 | 3.9 M | Charles Schwab Investment Management Inc | 2024-12-31 | 3.7 M | Blackrock Inc | 2024-12-31 | 40.2 M | Vanguard Group Inc | 2024-12-31 | 33.9 M |
Follow Old National's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 6.89 B.Market Cap |
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Project Old National's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.09 | 0.11 |
When accessing Old National's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Old National's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Old National's profitability and make more informed investment decisions.
Please note, the presentation of Old National's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Old National's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Old National's management manipulating its earnings.
Evaluate Old National's management efficiency
Old National Bancorp 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. At present, Old National's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.01, whereas Return On Capital Employed is forecasted to decline to 0.02. At present, Old National's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 3.3 B, whereas Non Currrent Assets Other are projected to grow to (11.8 B).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 20.49 | 15.93 | |
| Tangible Book Value Per Share | 13.07 | 13.61 | |
| Enterprise Value Over EBITDA | 12.37 | 16.71 | |
| Price Book Value Ratio | 1.06 | 1.87 | |
| Enterprise Value Multiple | 12.37 | 16.71 | |
| Price Fair Value | 1.06 | 1.87 | |
| Enterprise Value | 1.9 B | 1.6 B |
Leadership effectiveness at Old National Bancorp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Enterprise Value Revenue 6.436 | Revenue | Quarterly Revenue Growth 0.028 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Old National insiders, such as employees or executives, is commonly permitted as long as it does not rely on Old National's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Old National insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Old National Corporate Filings
F4 | 18th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 20th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F5 | 12th of February 2025 The annual filing required by the Securities and Exchange Commission (SEC) from company insiders or beneficial owners | ViewVerify |
| 3rd of February 2025 Other Reports | ViewVerify |
Old National Earnings Estimation Breakdown
The calculation of Old National's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Old National is estimated to be 0.4277 with the future projection ranging from a low of 0.42 to a high of 0.44. Please be aware that this consensus of annual earnings estimates for Old National Bancorp is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.42 Lowest | Expected EPS | 0.44 Highest |
Old National Earnings Projection Consensus
Suppose the current estimates of Old National's value are higher than the current market price of the Old National stock. In this case, investors may conclude that Old National is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Old National's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 9 | 95.5% | 0.49 | 0.4277 | 1.71 |
Old National Earnings History
Earnings estimate consensus by Old National Bancorp analysts from Wall Street is used by the market to judge Old National's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Old National's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Old National Quarterly Gross Profit |
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Old National Earnings per Share Projection vs Actual
Actual Earning per Share of Old National refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Old National Bancorp predict the company's earnings will be in the future. The higher the earnings per share of Old National, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Old National Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Old National, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Old National should always be considered in relation to other companies to make a more educated investment decision.Old Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Old National's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2025-01-21 | 2024-12-31 | 0.46 | 0.49 | 0.03 | 6 | ||
2024-10-22 | 2024-09-30 | 0.46 | 0.46 | 0.0 | 0 | ||
2024-07-23 | 2024-06-30 | 0.44 | 0.46 | 0.02 | 4 | ||
2024-04-23 | 2024-03-31 | 0.43 | 0.45 | 0.02 | 4 | ||
2024-01-23 | 2023-12-31 | 0.48 | 0.46 | -0.02 | 4 | ||
2023-10-24 | 2023-09-30 | 0.5 | 0.51 | 0.01 | 2 | ||
2023-07-25 | 2023-06-30 | 0.5 | 0.54 | 0.04 | 8 | ||
2023-04-25 | 2023-03-31 | 0.53 | 0.54 | 0.01 | 1 | ||
2023-01-24 | 2022-12-31 | 0.57 | 0.56 | -0.01 | 1 | ||
2022-10-25 | 2022-09-30 | 0.5 | 0.51 | 0.01 | 2 | ||
2022-07-26 | 2022-06-30 | 0.39 | 0.46 | 0.07 | 17 | ||
2022-04-26 | 2022-03-31 | 0.34 | 0.4 | 0.06 | 17 | ||
2022-01-18 | 2021-12-31 | 0.28 | 0.37 | 0.09 | 32 | ||
2021-10-19 | 2021-09-30 | 0.37 | 0.43 | 0.06 | 16 | ||
2021-07-20 | 2021-06-30 | 0.4 | 0.41 | 0.01 | 2 | ||
2021-04-19 | 2021-03-31 | 0.41 | 0.52 | 0.11 | 26 | ||
2021-01-19 | 2020-12-31 | 0.38 | 0.44 | 0.06 | 15 | ||
2020-10-19 | 2020-09-30 | 0.33 | 0.47 | 0.14 | 42 | ||
2020-07-20 | 2020-06-30 | 0.25 | 0.32 | 0.07 | 28 | ||
2020-04-20 | 2020-03-31 | 0.28 | 0.13 | -0.15 | 53 | ||
2020-01-21 | 2019-12-31 | 0.35 | 0.29 | -0.06 | 17 | ||
2019-10-21 | 2019-09-30 | 0.34 | 0.41 | 0.07 | 20 | ||
2019-07-22 | 2019-06-30 | 0.32 | 0.36 | 0.04 | 12 | ||
2019-04-22 | 2019-03-31 | 0.31 | 0.33 | 0.02 | 6 | ||
2019-01-22 | 2018-12-31 | 0.36 | 0.22 | -0.14 | 38 | ||
2018-10-22 | 2018-09-30 | 0.32 | 0.34 | 0.02 | 6 | ||
2018-07-23 | 2018-06-30 | 0.26 | 0.29 | 0.03 | 11 | ||
2018-04-23 | 2018-03-31 | 0.29 | 0.34 | 0.05 | 17 | ||
2018-01-23 | 2017-12-31 | 0.24 | 0.22 | -0.02 | 8 | ||
2017-10-24 | 2017-09-30 | 0.26 | 0.29 | 0.03 | 11 | ||
2017-07-25 | 2017-06-30 | 0.27 | 0.29 | 0.02 | 7 | ||
2017-04-25 | 2017-03-31 | 0.25 | 0.27 | 0.02 | 8 | ||
2017-01-24 | 2016-12-31 | 0.24 | 0.3 | 0.06 | 25 | ||
2016-10-31 | 2016-09-30 | 0.23 | 0.25 | 0.02 | 8 | ||
2016-08-01 | 2016-06-30 | 0.23 | 0.2 | -0.03 | 13 | ||
2016-05-02 | 2016-03-31 | 0.23 | 0.24 | 0.01 | 4 | ||
2016-02-01 | 2015-12-31 | 0.25 | 0.27 | 0.02 | 8 | ||
2015-10-26 | 2015-09-30 | 0.25 | 0.33 | 0.08 | 32 | ||
2015-07-27 | 2015-06-30 | 0.24 | 0.22 | -0.02 | 8 | ||
2015-04-27 | 2015-03-31 | 0.25 | 0.18 | -0.07 | 28 | ||
2015-02-02 | 2014-12-31 | 0.26 | 0.25 | -0.01 | 3 | ||
2014-10-27 | 2014-09-30 | 0.25 | 0.26 | 0.01 | 4 | ||
2014-07-28 | 2014-06-30 | 0.25 | 0.18 | -0.07 | 28 | ||
2014-04-28 | 2014-03-31 | 0.26 | 0.26 | 0.0 | 0 | ||
2014-02-03 | 2013-12-31 | 0.24 | 0.25 | 0.01 | 4 | ||
2013-10-28 | 2013-09-30 | 0.23 | 0.23 | 0.0 | 0 | ||
2013-07-29 | 2013-06-30 | 0.25 | 0.28 | 0.03 | 12 | ||
2013-04-29 | 2013-03-31 | 0.27 | 0.24 | -0.03 | 11 | ||
2013-01-28 | 2012-12-31 | 0.23 | 0.23 | 0.0 | 0 | ||
2012-10-29 | 2012-09-30 | 0.24 | 0.24 | 0.0 | 0 | ||
2012-07-30 | 2012-06-30 | 0.24 | 0.29 | 0.05 | 20 | ||
2012-04-30 | 2012-03-31 | 0.24 | 0.23 | -0.01 | 4 | ||
2012-01-30 | 2011-12-31 | 0.22 | 0.23 | 0.01 | 4 | ||
2011-10-31 | 2011-09-30 | 0.16 | 0.24 | 0.08 | 50 | ||
2011-08-01 | 2011-06-30 | 0.16 | 0.18 | 0.02 | 12 | ||
2011-05-02 | 2011-03-31 | 0.11 | 0.17 | 0.06 | 54 | ||
2011-01-31 | 2010-12-31 | 0.11 | 0.07 | -0.04 | 36 | ||
2010-11-01 | 2010-09-30 | 0.11 | 0.13 | 0.02 | 18 | ||
2010-07-26 | 2010-06-30 | 0.11 | 0.12 | 0.01 | 9 | ||
2010-04-26 | 2010-03-31 | 0.05 | 0.12 | 0.07 | 140 | ||
2010-02-01 | 2009-12-31 | -0.12 | -0.11 | 0.01 | 8 | ||
2009-10-26 | 2009-09-30 | 0.11 | 0.06 | -0.05 | 45 | ||
2009-07-27 | 2009-06-30 | 0.06 | 0.15 | 0.09 | 150 | ||
2009-04-27 | 2009-03-31 | 0.06 | 0.08 | 0.02 | 33 | ||
2009-01-26 | 2008-12-31 | 0.11 | 0.1 | -0.01 | 9 | ||
2008-10-27 | 2008-09-30 | 0.27 | 0.26 | -0.01 | 3 | ||
2008-07-28 | 2008-06-30 | 0.28 | 0.3 | 0.02 | 7 | ||
2008-04-28 | 2008-03-31 | 0.14 | 0.29 | 0.15 | 107 | ||
2008-01-28 | 2007-12-31 | 0.32 | 0.34 | 0.02 | 6 | ||
2007-10-29 | 2007-09-30 | 0.31 | 0.34 | 0.03 | 9 | ||
2007-07-30 | 2007-06-30 | 0.27 | 0.3 | 0.03 | 11 | ||
2007-04-30 | 2007-03-31 | 0.27 | 0.16 | -0.11 | 40 | ||
2007-01-29 | 2006-12-31 | 0.28 | 0.27 | -0.01 | 3 | ||
2006-10-31 | 2006-09-30 | 0.3 | 0.32 | 0.02 | 6 | ||
2006-07-27 | 2006-06-30 | 0.3 | 0.3 | 0.0 | 0 | ||
2006-04-20 | 2006-03-31 | 0.31 | 0.31 | 0.0 | 0 | ||
2006-01-31 | 2005-12-31 | 0.33 | 0.28 | -0.05 | 15 | ||
2005-10-27 | 2005-09-30 | 0.34 | 0.34 | 0.0 | 0 | ||
2005-07-28 | 2005-06-30 | 0.3 | 0.31 | 0.01 | 3 | ||
2005-04-21 | 2005-03-31 | 0.28 | 0.28 | 0.0 | 0 | ||
2005-01-27 | 2004-12-31 | 0.3 | 0.27 | -0.03 | 10 | ||
2004-10-28 | 2004-09-30 | 0.28 | 0.26 | -0.02 | 7 | ||
2004-07-22 | 2004-06-30 | 0.28 | 0.16 | -0.12 | 42 | ||
2004-04-22 | 2004-03-31 | 0.27 | 0.28 | 0.01 | 3 | ||
2004-01-22 | 2003-12-31 | 0.3 | 0.08 | -0.22 | 73 | ||
2003-10-23 | 2003-09-30 | 0.36 | 0.16 | -0.2 | 55 | ||
2003-07-24 | 2003-06-30 | 0.37 | 0.39 | 0.02 | 5 | ||
2003-04-24 | 2003-03-31 | 0.37 | 0.37 | 0.0 | 0 | ||
2003-01-22 | 2002-12-31 | 0.38 | 0.38 | 0.0 | 0 | ||
2002-10-24 | 2002-09-30 | 0.39 | 0.38 | -0.01 | 2 | ||
2002-07-25 | 2002-06-30 | 0.38 | 0.4 | 0.02 | 5 | ||
2002-04-18 | 2002-03-31 | 0.37 | 0.4 | 0.03 | 8 | ||
2002-01-24 | 2001-12-31 | 0.36 | 0.35 | -0.01 | 2 | ||
2001-10-25 | 2001-09-30 | 0.35 | 0.37 | 0.02 | 5 | ||
2001-07-26 | 2001-06-30 | 0.32 | 0.35 | 0.03 | 9 | ||
2001-04-19 | 2001-03-31 | 0.32 | 0.3 | -0.02 | 6 | ||
2001-01-25 | 2000-12-31 | 0.35 | 0.21 | -0.14 | 40 | ||
2000-10-26 | 2000-09-30 | 0.34 | 0.33 | -0.01 | 2 | ||
2000-07-19 | 2000-06-30 | 0.34 | 0.33 | -0.01 | 2 | ||
2000-04-19 | 2000-03-31 | 0.33 | 0.32 | -0.01 | 3 | ||
2000-01-20 | 1999-12-31 | 0.35 | 0.35 | 0.0 | 0 | ||
1999-10-28 | 1999-09-30 | 0.34 | 0.34 | 0.0 | 0 | ||
1999-07-22 | 1999-06-30 | 0.33 | 0.34 | 0.01 | 3 | ||
1999-04-15 | 1999-03-31 | 0.32 | 0.32 | 0.0 | 0 | ||
1999-01-28 | 1998-12-31 | 0.3 | 0.31 | 0.01 | 3 | ||
1998-10-22 | 1998-09-30 | 0.29 | 0.32 | 0.03 | 10 | ||
1998-07-24 | 1998-06-30 | 0.27 | 0.29 | 0.02 | 7 | ||
1998-04-16 | 1998-03-31 | 0.28 | 0.27 | -0.01 | 3 | ||
1998-01-22 | 1997-12-31 | 0.23 | 0.19 | -0.04 | 17 | ||
1997-10-21 | 1997-09-30 | 0.28 | 0.28 | 0.0 | 0 | ||
1997-07-22 | 1997-06-30 | 0.27 | 0.27 | 0.0 | 0 | ||
1997-04-17 | 1997-03-31 | 0.27 | 0.26 | -0.01 | 3 | ||
1997-01-22 | 1996-12-31 | 0.26 | 0.25 | -0.01 | 3 | ||
1996-10-18 | 1996-09-30 | 0.26 | 0.25 | -0.01 | 3 | ||
1996-07-19 | 1996-06-30 | 0.24 | 0.25 | 0.01 | 4 | ||
1996-04-18 | 1996-03-31 | 0.23 | 0.24 | 0.01 | 4 | ||
1996-01-28 | 1995-12-31 | 0.22 | 0.2 | -0.02 | 9 | ||
1995-10-25 | 1995-09-30 | 0.22 | 0.23 | 0.01 | 4 |
Old National Corporate Management
| Jeffrey Knight | Chief Legal Counsel, Executive VP and Corporate Secretary | Profile | |
| Scott Evernham | Chief Officer | Profile | |
| Corliss Garner | Equity Diversity | Profile | |
| Kathy Schoettlin | Culture Communications | Profile |
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market 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 1.71 | 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.