Old National Bancorp ONB
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Old National Bancorp (ONB) Business Model and Operations Summary
Old National Bancorp with almost $10 billion in assets following its latest acquisition, Old National Bancorp is a financial services bank holding company headquartered in Indiana. Based in Evansville, Ind., Old National owns multiple financial services operations in Indiana, Illinois, and Kentucky. The company provides a group of similar community banking services, including such products and services as commercial, real estate, and consumer loans; deposits; and brokerage, trust, and investment advisory services.
Key Insights
Old National Bancorp (ONB) Core Market Data and Business Metrics
Latest Closing Price
$21.35Market Cap
$6.81 BillionPrice-Earnings Ratio
12.71Total Outstanding Shares
318.99 Million SharesTotal Employees
4,066Dividend
$0.14 Per Share QuarterlyIPO Date
March 26, 1990SIC Description
National Commercial BanksPrimary Exchange
NASDAQHeadquarters
One Main St, Evansville, IN, 47708
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 2,697,936 Shares | 14.89 | 3/14/2025 | 40,183,449 Shares |
| 2,355,640 Shares | 16.53 | 2/28/2025 | 38,943,951 Shares |
| 2,806,907 Shares | 13.75 | 2/14/2025 | 38,582,978 Shares |
| 3,675,386 Shares | 9.88 | 1/31/2025 | 36,325,371 Shares |
| 3,461,393 Shares | 9.77 | 1/15/2025 | 33,821,574 Shares |
| 2,466,171 Shares | 13.88 | 12/31/2024 | 34,228,153 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $802.59 Million |
| Net Cash Flow From Financing Activities, Continuing | $802.59 Million |
| Net Cash Flow From Investing Activities, Continuing | $-1.37 Billion |
| Net Cash Flow From Operating Activities, Continuing | $622.28 Million |
| Net Cash Flow, Continuing | $52.91 Million |
| Net Cash Flow From Investing Activities | $-1.37 Billion |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Income Tax Expense/Benefit | $141.25 Million |
| Net Income/Loss Attributable To Parent | $539.19 Million |
| Basic Earnings Per Share | $1.69 |
| Basic Average Shares | $309.50 Million |
| Provision For Loan, Lease, And Other Losses | $110.62 Million |
| Operating Expenses | $1.92 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $531.95 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss Attributable To Parent | $531.95 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $-7.23 Million |
| Comprehensive Income/Loss | $531.95 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Noncurrent Assets | $0 |
| Equity Attributable To Parent | $6.34 Billion |
| Equity Attributable To Noncontrolling Interest | $0 |
| Current Assets | $53.55 Billion |
| Liabilities | $47.21 Billion |
| Equity | $6.34 Billion |
Historical Dividends
Current dividend: $0.14 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 19, 2025 | Mar 17, 2025 | Mar 5, 2025 | $0.14 | Quarterly |
| Nov 13, 2024 | Dec 16, 2024 | Dec 5, 2024 | $0.14 | Quarterly |
| Aug 14, 2024 | Sep 16, 2024 | Sep 5, 2024 | $0.14 | Quarterly |
| May 15, 2024 | Jun 17, 2024 | Jun 5, 2024 | $0.14 | Quarterly |
| Feb 21, 2024 | Mar 15, 2024 | Mar 5, 2024 | $0.14 | Quarterly |
| Nov 15, 2023 | Dec 15, 2023 | Dec 1, 2023 | $0.14 | Quarterly |