Old National Bancorp Q4 EPS Beats Expectations with Revenue Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 21 Jan 26
Source: seekingalpha
Old National Bancorp's stock rose 4.72% as it reached a 20-day high.
The company reported a Q4 non-GAAP EPS of $0.62, exceeding expectations by $0.03, and its revenue grew 41% year-over-year to $690.59 million, although it fell short of market expectations by $15.58 million. Additionally, a dividend of $0.14 per share was declared, which may attract income-focused investors. However, analysts remain cautious about the bank's rating due to competitive pressures.
This earnings report highlights Old National Bancorp's strong profitability but also indicates potential challenges ahead, as revenue growth did not fully meet market expectations.
Analyst Views on ONB
Wall Street analysts forecast ONB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ONB is 26.29 USD with a low forecast of 25.00 USD and a high forecast of 29.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 24.400
Low
25.00
Averages
26.29
High
29.00
Current: 24.400
Low
25.00
Averages
26.29
High
29.00
About ONB
Old National Bancorp is the holding company of Old National Bank. Old National Bank is a commercial bank that serves clients primarily in the Midwest and Southeast. Old National Bank operates banking centers located primarily throughout the Midwestern and Southeastern United States, including Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, North Carolina, Tennessee, and Wisconsin. In addition to providing services in consumer and commercial banking, Old National Bank offers comprehensive wealth management and capital markets services. Each of the banking centers of Old National Bank provides a group of similar community banking services, including such products and services as commercial, real estate, and consumer loans; deposits; and private banking, capital markets, brokerage, wealth management, trust, and investment advisory services. Old National Bank’s lending activities include loans to individuals, and loans to commercial clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
