Old National Bancorp (ONB) Projected to Announce Earnings on Wednesday

Old National Bancorp (NASDAQ:ONB) will likely be announcing its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect Old National Bancorp to post earnings of $0.62 per share and revenue of $716.2310 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 10:00 AM ET.

Old National Bancorp (NASDAQ:ONB) last announced its earnings results on Wednesday, April 22nd. The bank reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.01. The company had revenue of $702.70 million for the quarter, compared to analysts’ expectations of $706.62 million. Old National Bancorp had a return on equity of 11.23% and a net margin of 18.90%.Old National Bancorp’s revenue for the quarter was up 44.4% compared to the same quarter last year. During the same period last year, the firm earned $0.45 EPS. On average, analysts expect Old National Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Old National Bancorp Price Performance

NASDAQ ONB opened at $26.32 on Wednesday. The company has a market capitalization of $10.17 billion, a PE ratio of 13.57 and a beta of 0.83. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.93 and a current ratio of 0.94. The business’s fifty day moving average is $24.72 and its 200 day moving average is $23.82. Old National Bancorp has a fifty-two week low of $19.39 and a fifty-two week high of $26.70.

Old National Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were given a $0.145 dividend. The ex-dividend date was Friday, June 5th. This represents a $0.58 dividend on an annualized basis and a yield of 2.2%. Old National Bancorp’s dividend payout ratio is presently 29.90%.

Hedge Funds Weigh In On Old National Bancorp

Several institutional investors have recently added to or reduced their stakes in ONB. Invesco Ltd. increased its stake in Old National Bancorp by 11.7% in the 4th quarter. Invesco Ltd. now owns 897,769 shares of the bank’s stock worth $20,029,000 after acquiring an additional 94,227 shares during the last quarter. Corient Private Wealth LLC boosted its position in shares of Old National Bancorp by 24.7% during the 4th quarter. Corient Private Wealth LLC now owns 86,696 shares of the bank’s stock valued at $1,934,000 after acquiring an additional 17,173 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Old National Bancorp by 36.6% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 15,495 shares of the bank’s stock valued at $346,000 after purchasing an additional 4,152 shares in the last quarter. SummitTX Capital L.P. grew its holdings in shares of Old National Bancorp by 206.2% in the fourth quarter. SummitTX Capital L.P. now owns 81,966 shares of the bank’s stock valued at $1,829,000 after purchasing an additional 55,197 shares in the last quarter. Finally, Evolve Private Wealth LLC purchased a new position in shares of Old National Bancorp in the fourth quarter valued at $698,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Old National Bancorp in a research report on Thursday, June 4th. Barclays boosted their price objective on Old National Bancorp from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Tuesday, July 7th. Stephens increased their target price on shares of Old National Bancorp from $27.00 to $29.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Raymond James Financial started coverage on shares of Old National Bancorp in a research note on Tuesday, July 7th. They set a “market perform” rating on the stock. Finally, Truist Financial lifted their price target on shares of Old National Bancorp from $27.00 to $28.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Old National Bancorp currently has an average rating of “Moderate Buy” and an average target price of $28.55.

About Old National Bancorp

Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.

In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.