Old National Bancorp Common Stock (ONB)

FairStock Score: 68/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at Old National as a plain regional bank: deposits, consumer and commercial loans, and 4,914 employees. It is not a franchise with a wide moat; banking is competitive and credit cycles matter. Still, the numbers are respectable. At the 2026-10-13 close of $24.62, FairStock calculates a P/E of 10.89 and P/B of 1.13, while ROE is 10.61%. That is not a bargain-bin price, but it is not demanding either. The dividend yield is 2.36%, and beta of 0.86 suggests less volatility than the market. Filed figures show FY2025 net income of $669.3M and diluted EPS of $1.79, up from FY2024 net income of $539.2M and EPS of $1.68. But FY2023 had EPS of $1.94 on $582.0M net income, so per-share progress has not been linear. More recently, Q1 2026 net income was $233.7M and diluted EPS $0.59, versus Q1 2025 net income of $144.7M and EPS $0.44. The Lynch category is STALWART, with profit growing 24.2% a year over five years, though I would want more detail on the quality of that growth. FairStock's score is 68/100 and Piotroski is 6/9, both middling-to-decent. The main gap is that the data lacks CET1, net interest margin, nonperforming loans, reserves, and credit costs, the real bank underwriting gauges. Without them, I can say the price looks fair and earnings are improving, but I cannot call the balance sheet fortress-like.

In plain English: Old National Bancorp is the holding company for Old National Bank, which takes deposits and makes loans to people and businesses, mostly in the United States. The business looks reasonably steady: profits rose in the latest filed year and early 2026, and it pays a modest dividend. At the recent price, the stock looks roughly fair compared with its profits and accounting value, not obviously cheap or expensive.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer