ONB Old National Bancorp margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 90

Gross margin

100%

Operating margin

45.1%

EBITDA margin

50.6%

Net margin

35.6%

For this period, Old National Bancorp reports a gross margin of 100%, an operating margin of 45.1%, an EBITDA margin of 50.6%, and a net margin of 35.6%. The main improvement was in EBITDA margin, up 10.4 percentage points; the remaining margins remained unchanged.

ONB margin history

Gross, operating, EBITDA and net margin trends

Old National Bancorp's margins averaged 100% gross, 39.16% operating, 43.56% EBITDA, and 30.88% net during the last 3 years. Old National Bancorp's current metrics show that operating, EBITDA, and net margins are above their three-year averages.

ONB margin expansion

Year-over-year margin changes in percentage points

Operating margin expanded by 9.6 percentage points, EBITDA margin by 10.4 percentage points, and net margin by 7.1 percentage points, while gross margin was unchanged.

Gross margin expansion

0pp

Operating margin expansion

9.6pp

EBITDA margin expansion

10.4pp

Net margin expansion

7.1pp

ONB Gross margin

The average gross margin for Old National Bancorp was 100% over the last 3 years. As of the latest period, the current gross margin for Old National Bancorp is 100%, in line with its three-year average. The gross margin for Old National Bancorp moved between 100% in Dec 2023 and 100% in Sep 2026.

ONB Operating margin

Throughout the last 3 years, Old National Bancorp had an average operating margin of 39.16%. Against its three-year average, Old National Bancorp's operating margin is currently 45.1%, 5.9 percentage points above its three-year average. Looking back over the last 3 years, Old National Bancorp's operating margin reached 45.1% at its highest point in Sep 2026 and 35.5% at its lowest in Sep 2025.

ONB EBITDA margin

Over the last 3 years, Old National Bancorp's EBITDA margin averaged 43.56%. At present, Old National Bancorp's current EBITDA margin is 50.6%, which is 7 percentage points above its three-year average. During this period, EBITDA margin reached a high of 50.6% in Sep 2026 and a low of 40.2% in Sep 2025.

ONB Net margin

Across the last 3 years, Old National Bancorp's net margin averaged 30.88%. The current net margin of 35.6% is 4.7 percentage points above its three-year average. Net margin was highest at 35.6% in Sep 2026 and lowest at 28.5% in Sep 2025.

ONB margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 100%, ONB stands above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 83.5%, Old National Bancorp's gross margin is 20% higher.

ONB margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Old National Bancorp's gross margin?

The current gross margin for ONB is 100% as of Sep 30, 2026.

What is Old National Bancorp's operating margin?

The current operating margin for ONB is 45.1% as of Sep 30, 2026.

What is Old National Bancorp's EBITDA margin?

As of Sep 30, 2026, ONB has an EBITDA margin of 50.6%.

What is Old National Bancorp's net margin?

As of Sep 30, 2026, ONB has a net margin of 35.6%.

What are the average margins of ONB?

Looking back over 3 years, ONB recorded average margins of 100.0% gross, 39.2% operating, 43.6% EBITDA, and 30.9% net.

What are the highest historical margins of ONB?

Over this 5-year history, ONB peaked at 100% gross in Sep 2026, 45.2% operating in Sep 2023, 50.6% EBITDA in Sep 2026, and 35.6% net in Sep 2026.

What are the lowest historical margins of ONB?

Across the 5-year period, ONB posted its lowest margins at 100% gross in Dec 2021, 24.8% operating in Mar 2022, 30% EBITDA in Mar 2022, and 20.5% net in Mar 2022.