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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Old National Bancorp (ONB) trades at a price to free cash flow of 9.7×. Over the past ten years it has ranged from 0.0× (September 2017) to 70.2× (October 2017); the current reading is higher than 34% of that period. That is below the Banks Regional industry median of 10.6× and in line with the Financial sector median of 9.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 12.7× 11.99%
FY2024 11.3× 10.14%
FY2023 10.3× 63.32%
FY2022 6.3× (34.63%)
FY2021 9.6× (30.89%)
FY2020 13.9× (11.36%)
FY2019 15.7× 36.56%
FY2018 11.5× 11.01%
FY2017 10.4× —
FY2016 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 9.5× (9.22%)
Jun 2026 10.5× (10.13%)
Mar 2026 11.7× (7.80%)
Dec 2025 12.7× 8.58%
43 more quarters

Against its own ten years

Low 0.0× High 70.2×
Ten-year median 11.3×
Current reading's percentile 34

Price to free cash flow against peers

Company Price to free cash flow
ZION Zions Bancorporation, N.A. compare 5.6×
WTFC Wintrust Financial Corporation compare 6.5×
SSB SouthState Bank Corporation compare 6.5×
UMBF UMB Financial Corporation compare 9.0×
ONB Old National Bancorp 9.7×
BPOP Popular, Inc. compare 12.3×
CFR Cullen/Frost Bankers, Inc. compare 16.5×
CBC Central Bancompany compare 18.5×
CIB Grupo Cibest S.A. - Sponsored ADR compare 21.3×
Banks Regional industry median 10.6×
Financial sector median 9.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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