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 7% 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 Growth | 11.2% |
| Revenue growth rate | 22.5% |
| Return on equity | 8.1% |
| Net Margin | 28.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Old National Bancorp (NASDAQ:ONB) Has Announced A Dividend Of $0.14
Nov 25
Old National Bancorp: Upgrading To Buy, Earnings Likely To Rebound Soon
Oct 09Old National Bancorp (NASDAQ:ONB) Is Due To Pay A Dividend Of $0.14
Aug 25Old National Bancorp: Upcoming Earnings Recovery Appears Priced-In
Jul 16We Think Old National Bancorp's (NASDAQ:ONB) CEO Compensation Package Needs To Be Put Under A Microscope
May 10Old National Bancorp: Net Interest Income May Have Bottomed Out
Apr 25Do Old National Bancorp's (NASDAQ:ONB) Earnings Warrant Your Attention?
Dec 28Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,749 | 502 | 923 | 0 |
| 30 Jun 24 | 1,729 | 506 | 898 | 0 |
| 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 |
Quality Earnings: ONB has high quality earnings.
Growing Profit Margin: ONB'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: ONB's earnings have grown significantly by 23.8% per year over the past 5 years.
Accelerating Growth: ONB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ONB had negative earnings growth (-20.9%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).
Return on Equity
High ROE: ONB's Return on Equity (8.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 13:58 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
| Analyst | Institution |
|---|---|
| Bryce Rowe | Baird |
| Jared Shaw | Barclays |
| James Beury | Boenning & Scattergood, Inc. |