Old National Bancorp

$ 24.89 -0.24 %

Old National Bancorp serves as the parent holding company for Old National Bank, providing a comprehensive range of financial solutions to both individual and business clients throughout the United States. The institution manages customer funds through various deposit accounts, including non-interest-bearing and interest-earning checking accounts, NOW accounts, savings, money market accounts, and certificates of deposit. It also extends credit via diverse lending options such as home equity lines of credit, residential and commercial real estate loans, consumer and business loans, letters of credit, and equipment lease financing. Customers can access their accounts and services through modern digital channels, including debit and ATM cards, telephone banking, online platforms, and mobile applications. Additionally, Old National Bancorp offers a suite of specialized services, encompassing cash flow management, private banking, investment brokerage, trust administration, and comprehensive wealth management and investment advisory solutions, alongside foreign exchange services. For its corporate clientele, the company provides treasury management, merchant services, health savings accounts (HSAs), capital markets services, community development lending, and equity investment opportunities. As of December 31, 2021, Old National Bancorp operated a network of 162 banking centers, primarily situated across Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. Established in 1834, its principal office is located in Evansville, Indiana.

CEO: James C. Ryan - https://www.oldnational.com

Price objectif

-

Recommandation

Hold

DCF

$ 114.89

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ONBPP vs S&P500

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Quick ratio

0.04

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

27.93

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.89

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

9.07 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

4.53 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

10.26

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.92

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

1.94

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

31.19 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
6 indicates moderate financial health
Altman score
0.24 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.03 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.11 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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