Old National Bancorp Past Earnings Performance

Past criteria checks 2/6

Old National Bancorp has been growing earnings at an average annual rate of 23.8%, while the Banks industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 22.5% per year. Old National Bancorp's return on equity is 8.1%, and it has net margins of 28.7%.

Key information

23.8%

Earnings growth rate

8.0%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate22.5%
Return on equity8.1%
Net Margin28.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Old National Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:ON1 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,7495029230
30 Jun 241,7295068980
31 Mar 241,7395408630
31 Dec 231,7625668490
30 Sep 231,8566348440
30 Jun 231,8616268620
31 Mar 231,8305868950
31 Dec 221,5724148790
30 Sep 221,2312747770
30 Jun 221,0022096620
31 Mar 227901615350
31 Dec 218332784460
30 Sep 218452954460
30 Jun 218443024420
31 Mar 218202914280
31 Dec 207742264430
30 Sep 207622014360
30 Jun 207591934400
31 Mar 207832054500
31 Dec 197962384490
30 Sep 197872374570
30 Jun 197502184460
31 Mar 197121994350
31 Dec 187031914250
30 Sep 186541254100
30 Jun 186411134040
31 Mar 186271083920
31 Dec 17606963780
30 Sep 176301483760
30 Jun 176291433810
31 Mar 176261433930
31 Dec 166131343920
30 Sep 165841333700
30 Jun 165721363620
31 Mar 165671233550
31 Dec 155781173720
30 Sep 155721143730
30 Jun 155711053730
31 Mar 15551983640
31 Dec 145281043460
30 Sep 14511993330
30 Jun 14499943270
31 Mar 145031033170
31 Dec 135021013160

Quality Earnings: ON1 has high quality earnings.

Growing Profit Margin: ON1's current net profit margins (28.7%) are lower than last year (34.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ON1's earnings have grown significantly by 23.8% 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 (-20.9%) over the past year, making it difficult to compare to the Banks industry average (12.6%).


Return on Equity

High ROE: ON1's Return on Equity (8.1%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 14:29
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Old National Bancorp is covered by 26 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bryce RoweBaird
Jared ShawBarclays
James BeuryBoenning & Scattergood, Inc.