Old National Bancorp (ONB) vs Western Alliance Bancorporation (WAL)
Old National Bancorp and Western Alliance Bancorporation are both Banks Regional companies. Old National Bancorp is the larger, with a market value of $9.6B against $8.3B — 1.2× the size. Western Alliance Bancorporation trades at the lower P/E: 8.7× against 11.3×. Old National Bancorp grew revenue faster over the last twelve months: 27.7% against 10.7%. Old National Bancorp has the higher net margin (21.2% vs 16.9%) and the lower return on invested capital (4.77% vs 8.11%). Both pay a dividend; Old National Bancorp yields more (3.61% vs 2.50%). Across the 19 metrics below, Old National Bancorp leads on 10 and Western Alliance Bancorporation on 9.
Valuation
Profitability
| Metric | ONB | WAL | Banks Regional median |
|---|---|---|---|
| Gross margin | 68.82% | 68.81% | 69.57% |
| Operating margin | 0.00% | 0.00% | 0.00% |
| Net margin | 21.21% | 16.92% | 18.66% |
| Free cash flow margin | 22.95% | (28.87%) | 21.18% |
| Return on equity | 10.71% | 12.94% | 10.64% |
| Return on assets | 1.20% | 1.04% | 1.13% |
| Return on invested capital | 4.77% | 8.11% | 8.33% |
Growth
Health
Dividend
Size
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