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ONB Old National Bancorp News Story

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Old National Bancorp reports results for the quarter ended June 30 - Earnings Summary

Old National Bancorp ONB.OQ reported quarterly adjusted earnings of 53 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 46 cents.  The mean expectation of eleven analysts for the quarter was for earnings of 52 cents per share. Wall Street expected results to range from 49 cents to 55 cents per share.

Revenue rose 36.1% to $647.31 million from a year ago; analysts expected $622.82 million.

Old National Bancorp's reported EPS for the quarter was 34 cents​.

The company reported quarterly net income of $121.38 million.

Old National Bancorp shares had risen by 6.1% this quarter and gained 4.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 4.2% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

Wall Street's median 12-month price target for Old National Bancorp is $26.00, about 12.9% above its last closing price of $22.65

This summary was machine generated from LSEG data July 22 at 12:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.520.53Beat
Mar. 31 20250.430.45Beat
Dec. 31 20240.460.49Beat
Sep. 30 20240.460.46Met

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