Old National Bancorp

ONB Financial Banks Regional

Old National Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $3.7 billion, up 26.4% from fiscal 2024.

Revenue
−0.23%
EPS
+43.5%
Free cash flow
+11.5%
Total debt
+6.23%

Quarter to September 2026, against a year earlier

25.12 0.77 −2.97%
Market cap
$9.5B
P/E
10.2×
Fwd P/E
9.8×
Dividend yield
2.87%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Old National Bancorp (ONB) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Old National Bancorp (ONB) trades at a P/B ratio of 1.2×. Over the past ten years it has ranged from 0.6× (June 2022) to 1.4× (September 2018); the current reading is higher than 83% of that period. That is in line with the Banks Regional industry median of 1.2× and below the Financial sector median of 1.3×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 1.0× (10.77%)
FY2024 1.1× 18.50%
FY2023 0.9× (7.51%)
FY2022 1.0× 0.98%
FY2021 1.0× 7.78%
FY2020 0.9× (16.36%)
FY2019 1.1× 23.66%
FY2018 0.9× (19.92%)
FY2017 1.1× (12.62%)
FY2016 1.3× 21.05%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.2× (2.14%)
Jun 2026 1.2× 14.97%
Mar 2026 1.0× 4.94%
Dec 2025 1.0× (7.16%)
43 more quarters

Against its own ten years

Low 0.6× High 1.4×
Ten-year median 1.0×
Current reading's percentile 82

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on ONB