Old National Bancorp Past Earnings Performance
Past criteria checks 2/6
Old National Bancorp has been growing earnings at an average annual rate of 25%, while the Banks industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 22.8% per year. Old National Bancorp's return on equity is 9.9%, and it has net margins of 31%.
Key information
25.0%
Earnings growth rate
9.2%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 22.8% |
| Return on equity | 9.9% |
| Net Margin | 31.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Old National Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,739 | 540 | 863 | 0 |
| 31 Dec 23 | 1,762 | 566 | 849 | 0 |
| 30 Sep 23 | 1,856 | 634 | 844 | 0 |
| 30 Jun 23 | 1,861 | 626 | 862 | 0 |
| 31 Mar 23 | 1,830 | 586 | 895 | 0 |
| 31 Dec 22 | 1,572 | 414 | 879 | 0 |
| 30 Sep 22 | 1,231 | 274 | 777 | 0 |
| 30 Jun 22 | 1,002 | 209 | 662 | 0 |
| 31 Mar 22 | 790 | 161 | 535 | 0 |
| 31 Dec 21 | 833 | 278 | 446 | 0 |
| 30 Sep 21 | 845 | 295 | 446 | 0 |
| 30 Jun 21 | 844 | 302 | 442 | 0 |
| 31 Mar 21 | 820 | 291 | 428 | 0 |
| 31 Dec 20 | 774 | 226 | 443 | 0 |
| 30 Sep 20 | 762 | 201 | 436 | 0 |
| 30 Jun 20 | 759 | 193 | 440 | 0 |
| 31 Mar 20 | 783 | 205 | 450 | 0 |
| 31 Dec 19 | 796 | 238 | 449 | 0 |
| 30 Sep 19 | 787 | 237 | 457 | 0 |
| 30 Jun 19 | 750 | 218 | 446 | 0 |
| 31 Mar 19 | 712 | 199 | 435 | 0 |
| 31 Dec 18 | 703 | 191 | 425 | 0 |
| 30 Sep 18 | 654 | 125 | 410 | 0 |
| 30 Jun 18 | 641 | 113 | 404 | 0 |
| 31 Mar 18 | 627 | 108 | 392 | 0 |
| 31 Dec 17 | 606 | 96 | 378 | 0 |
| 30 Sep 17 | 630 | 148 | 376 | 0 |
| 30 Jun 17 | 629 | 143 | 381 | 0 |
| 31 Mar 17 | 626 | 143 | 393 | 0 |
| 31 Dec 16 | 613 | 134 | 392 | 0 |
| 30 Sep 16 | 584 | 133 | 370 | 0 |
| 30 Jun 16 | 572 | 136 | 362 | 0 |
| 31 Mar 16 | 567 | 123 | 355 | 0 |
| 31 Dec 15 | 578 | 117 | 372 | 0 |
| 30 Sep 15 | 572 | 114 | 373 | 0 |
| 30 Jun 15 | 571 | 105 | 373 | 0 |
| 31 Mar 15 | 551 | 98 | 364 | 0 |
| 31 Dec 14 | 528 | 104 | 346 | 0 |
| 30 Sep 14 | 511 | 99 | 333 | 0 |
| 30 Jun 14 | 499 | 94 | 327 | 0 |
| 31 Mar 14 | 503 | 103 | 317 | 0 |
| 31 Dec 13 | 502 | 101 | 316 | 0 |
| 30 Sep 13 | 512 | 99 | 319 | 0 |
| 30 Jun 13 | 499 | 95 | 317 | 0 |
Quality Earnings: ON1 has high quality earnings.
Growing Profit Margin: ON1's current net profit margins (31%) are lower than last year (32%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ON1's earnings have grown significantly by 25% per year over the past 5 years.
Accelerating Growth: ON1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ON1 had negative earnings growth (-8%) over the past year, making it difficult to compare to the Banks industry average (27%).
Return on Equity
High ROE: ON1's Return on Equity (9.9%) is considered low.