Saturday 17 October 2026 Export ONB’s income statement to Excel — free account

Old National Bancorp

Old National Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $3.7 billion, up 26.4% from fiscal 2024. In the quarter to June 2026, revenue grew 9.45%, EPS grew 91.2%, free cash flow grew 330.8% and total debt rose 17.9%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for three.

25.01 0.01 +0.04%

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Market cap: $9.6B
P/E: 11.1×
Fwd P/E: 9.3×
Dividend yield: 2.88%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 51.60

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	2	—	—	—	—	2	—	—	—

Insider Ownership 11.47%

Capital & Financial Ratios $m

Market Cap 9,560.00

Revenue 4,102.41

Net Income 886.28

Free Cash Flow 941.56

Net Debt 6,140.11

Current Ratio 0.94

Debt/Equity 0.92

P/E ratio 11.07

Fwd P/E 9.26

P/S ratio 2.33

P/B ratio 1.14

Past 5Y EPS Growth 5.65%

This Y EPS Growth 17.92%

Next Y EPS Growth 10.78%

Next Y revenue growth (22.17%)

Next 5Y EPS Growth 13.34%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 25.14%

10-year low 10-year high

P/S against its own 10 years 27.98%

10-year low 10-year high

P/B against its own 10 years 76.82%

10-year low 10-year high

Dividends

Payout Ratio 0.32

Annual Dividend Rate 0.72

Annual Dividend Yield 2.88%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.58	0.15 0.15 0.15 0.15
2025	0.56	0.14 0.14 0.14 0.14
2024	0.56	0.14 0.14 0.14 0.14
2023	0.56	0.14 0.14 0.14 0.14
2022	0.56	0.14 0.14 0.14 0.14
2021	0.56	0.14 0.14 0.14 0.14
2020	0.56	0.14 0.14 0.14 0.14
2019	0.52	0.13 0.13 0.13 0.13
2018	0.52	0.13 0.13 0.13 0.13
2017	0.52	0.13 0.13 0.13 0.13
2016	0.52	0.13 0.13 0.13 0.13

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,175	1,228	1,826	1,768
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	35,483	38,923	52,600	54,508

	2023	2024	2025	Q'26
Payables	37,235	40,824	55,088	56,147
ST’ Debt	—	—	—	—
Other	—	—	—	—
	38,481	42,070	56,567	57,697

Compound Annual Growth %

	10y	5y	3y
Sales	19.49%	32.86%	26.31%
Cash Flow	18.60%	25.39%	(5.77%)
Earnings	18.79%	23.60%	16.40%
Book Value	19.00%	23.37%	18.32%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,000	1,048	—	—	—
’25	724	957	1,048	1,007	3,736
’24	674	751	774	758	2,956
’23	566	627	657	690	2,540
’22	301	443	487	623	1,854
’21	216	212	217	208	853
’20	226	220	225	232	903

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	206	280	—	—	—
’25	108	73	341	159	681
’24	104	161	121	236	622
’23	54	161	229	73	516
’22	161	278	248	127	814
’21	83	82	99	66	330
’20	(21)	(15)	135	121	220

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	193	276	—	—	—
’25	104	64	335	137	640
’24	96	152	117	229	594
’23	45	155	219	63	481
’22	154	270	238	119	781
’21	78	60	102	70	311
’20	(29)	(20)	128	118	197

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.59	0.65	—	—	—
’25	0.44	0.34	0.46	0.55	1.79
’24	0.40	0.37	0.44	0.47	1.68
’23	0.49	0.52	0.49	0.44	1.94
’22	(0.13)	0.38	0.47	0.67	1.50
’21	0.52	0.38	0.43	0.34	1.67
’20	0.13	0.32	0.47	0.44	1.36

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	10.69	15.38	14.45	15.18	11.19	15.53	14.22	11.66	15.36	16.83	Analyst estimates 2026–2028 Powerpack
	High	18.45	18.95	20.95	18.74	18.57	21.28	20.81	18.81	23.76	24.49
People
People	Employees	2,733	2,801	2,892	2,709	2,445	2,374	3,967	3,940	4,066	4,971
	Revenue/emp, $m	0.26	0.24	0.29	0.34	0.37	0.36	0.47	0.64	0.73	0.75
Income, $m
Income, $m	Revenue	700	679	827	930	903	853	1,854	2,540	2,956	3,736
	Gross margin, %	93.65	91.43	88.58	86.44	92.55	95.05	93.19	72.30	63.78	67.56
	EBT	200	169	209	290	256	339	545	751	680	841
	EBT margin, %	28.63	24.85	25.22	31.23	28.31	39.73	29.38	29.58	23.02	22.52
	Net income	134	96	191	238	226	278	428	582	539	669
	Depreciation	(10)	20	35	23	57	45	20	63	46	9
Per share, $
Per share, $	Revenue	5.48	4.92	5.31	5.41	5.45	5.16	6.74	8.74	9.55	10.28
	Earnings	1.05	0.69	1.23	1.38	1.36	1.67	1.50	1.95	1.68	1.79
	Cash flow	0.19	1.81	1.51	1.36	1.33	2.00	2.96	1.78	2.01	1.87
	Capex	(1.71)	(0.14)	(0.17)	(0.20)	(0.14)	(0.12)	(0.12)	(0.12)	(0.09)	(0.11)
	Free cash flow	(1.52)	1.68	1.34	1.16	1.19	1.88	2.84	1.66	1.92	1.76
	Book value	14.21	15.63	17.28	16.59	17.96	18.24	18.64	19.13	20.49	23.37
	Shares, m	128	138	156	172	166	165	275	291	309	364
Valuation, ×
Valuation, ×	P/E	17.24	24.51	12.62	13.25	12.18	10.79	12.85	8.77	12.92	12.39
	P/S	3.30	3.53	2.90	3.38	3.04	3.51	2.65	1.95	2.27	2.17
	P/B	1.27	1.11	0.89	1.10	0.92	0.99	1.00	0.93	1.10	0.98
	EV/Sales	5.18	5.84	4.76	5.30	4.87	5.09	4.72	3.47	3.60	3.58
	EV/FCF	(18.72)	17.12	18.89	24.63	22.32	13.96	11.21	18.32	17.91	20.90
Cash, $m
Cash, $m	Operating cash flow	25	250	234	234	220	330	814	516	622	681
	Capex	(218)	(19)	(26)	(34)	(23)	(19)	(33)	(35)	(29)	(42)
	Free cash flow	(194)	231	208	200	197	311	781	481	594	640
Balance, $m
Balance, $m	Working capital	(2,081)	(2,037)	(2,562)	(2,915)	(3,261)	(4,733)	(3,980)	(2,998)	(3,146)	(3,968)
	Total debt	1,572	1,858	1,861	2,067	2,244	2,183	4,572	5,046	5,142	7,090
	Net debt	1,312	1,562	1,539	1,783	1,652	1,347	3,844	3,870	3,914	5,264
	Shareholders’ equity	1,814	2,154	2,690	2,852	2,973	3,012	5,129	5,563	6,340	8,495
Returns, %
Returns, %	ROA	1.00	0.59	1.02	1.19	1.04	1.17	1.16	1.18	1.02	1.04
	ROIC	4.01	2.84	3.08	3.91	3.45	4.86	3.79	4.98	4.15	3.82
	ROE	8.12	4.82	7.88	8.60	7.77	9.27	10.47	11.06	9.14	9.09

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
FHN First Horizon Corporation	$10.8B	15.9×	11.3×	−39.55% (below 0%: shrinking)	n/m	+664.86% (above 0%: growing)	52.50%	0.00%	Compare
CIB Grupo Cibest S.A. - Sponsored ADR	$10.7B	19.1×	—	+178.87% (above 0%: growing)	+85.47% (above 0%: growing)	−187.28% (below 0%: shrinking)	71.39%	0.00%	Compare
BPOP Popular, Inc.	$10.0B	10.7×	10.1×	+4.48% (above 0%: growing)	+40.78% (above 0%: growing)	+46.43% (above 0%: growing)	75.20%	0.00%	Compare
UMBF UMB Financial Corporation	$10.0B	10.9×	10.0×	+4.12% (above 0%: growing)	+26.06% (above 0%: growing)	+22.27% (above 0%: growing)	69.66%	0.00%	Compare
SSB SouthState Bank Corporation	$9.8B	10.7×	10.1×	+0.83% (above 0%: growing)	+11.32% (above 0%: growing)	+408.25% (above 0%: growing)	71.95%	0.00%	Compare
WTFC Wintrust Financial Corporation	$9.7B	11.4×	11.7×	+5.52% (above 0%: growing)	+18.44% (above 0%: growing)	−23.80% (below 0%: shrinking)	66.99%	0.00%	Compare
CFR Cullen/Frost Bankers, Inc.	$9.6B	14.7×	13.2×	+0.53% (above 0%: growing)	+12.97% (above 0%: growing)	−106.23% (below 0%: shrinking)	79.66%	0.00%	Compare
ONB Old National Bancorp	$9.6B	11.1×	9.3×	+9.45% (above 0%: growing)	+91.18% (above 0%: growing)	+330.77% (above 0%: growing)	69.90%	0.00%
ZION Zions Bancorporation, N.A.	$9.2B	8.1×	9.7×	+19.18% (above 0%: growing)	+87.12% (above 0%: growing)	+518.28% (above 0%: growing)	76.88%	0.00%	Compare
Median of peers	$9.9B	11.1×	10.1×	+4.30%	+26.06%	+34.35%	71.67%	0.00%

All 323 Banks Regional stocks →

Old National Bancorp (ONB) key facts

Strength: Old National Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $3.7 billion, up 26.4% from fiscal 2024.
Strength: Net income was $669.3 million, or $1.79 per share (basic), a net margin of 17.5%.
Old National Bancorp (ONB) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, ONB traded at $25.01, a market capitalization of $9.6 billion.
At that price the stock trades at 11.1× trailing-twelve-month earnings and 2.3× sales; its P/E is higher than 25% of its own readings over the past ten years.
Old National Bancorp pays an annual dividend of $0.72 per share, a yield of 2.88%, with a payout ratio of 32.0%.
Return on equity was 9.09% and debt-to-equity 0.92.
Its Piotroski F-score is 7 out of 9 for fiscal 2025.