ONB Old National Bancorp PE ratio, current and historical analysis
The PE ratio for Old National Bancorp stock stands at 13.88 as of Feb 21, 2025. This results from the current EPS of $1.69 and stock price of $23.46. An increase of 28% has been seen in the P/E ratio compared to the average of 10.9 of the last 4 quarters.
ONB PE ratio history
Over the last ten years, the average PE ratio of Old National Bancorp has been 13.49. The current 13.88 PE ratio is 2.9% above the historical average. Over the past ten years, ONB's PE ratio was at its highest in the Dec 2017 quarter at 25.29, with a price of $17.45 and an EPS of $0.69. The Jun 2023 quarter recorded the bottom point at 6.39, with a price of $13.94 and an EPS of $2.18.
Old National Bancorp PE ratio by year
Maximum annual increase: 48.27% in 2024
Maximum annual decrease: -69.57% in 2010
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 12.84 | 48.27% | $21.71 | $1.69 |
| 2023 | 8.66 | -27.29% | $16.89 | $1.95 |
| 2022 | 11.91 | 10.38% | $17.98 | $1.51 |
| 2021 | 10.79 | -10.75% | $18.12 | $1.68 |
| 2020 | 12.09 | -8.13% | $16.56 | $1.37 |
| 2019 | 13.16 | 5.11% | $18.29 | $1.39 |
| 2018 | 12.52 | -50.49% | $15.4 | $1.23 |
| 2017 | 25.29 | 46.27% | $17.45 | $0.69 |
| 2016 | 17.29 | 28.74% | $18.15 | $1.05 |
| 2015 | 13.43 | -13.35% | $13.56 | $1.01 |
| 2014 | 15.5 | 0.85% | $14.88 | $0.96 |
| 2013 | 15.37 | 23.06% | $15.37 | $1 |
| 2012 | 12.49 | -18.53% | $11.87 | $0.95 |
| 2011 | 15.33 | -43.26% | $11.65 | $0.76 |
| 2010 | 27.02 | -69.57% | $11.89 | $0.44 |
Old National Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 12.84 | 14.23% | $21.71 | $1.69 |
| Sep 2024 | 11.24 | 11.84% | $18.66 | $1.66 |
| Jun 2024 | 10.05 | 7.37% | $17.19 | $1.71 |
| Mar 2024 | 9.36 | 8.08% | $17.41 | $1.86 |
| Dec 2023 | 8.66 | 31.01% | $16.89 | $1.95 |
| Sep 2023 | 6.61 | 3.44% | $14.54 | $2.2 |
| Jun 2023 | 6.39 | -9.62% | $13.94 | $2.18 |
| Mar 2023 | 7.07 | -40.64% | $14.42 | $2.04 |
| Dec 2022 | 11.91 | -23.36% | $17.98 | $1.51 |
| Sep 2022 | 15.54 | 7.17% | $16.47 | $1.06 |
| Jun 2022 | 14.5 | -9.71% | $14.79 | $1.02 |
| Mar 2022 | 16.06 | 48.84% | $16.38 | $1.02 |
| Dec 2021 | 10.79 | 13.94% | $18.12 | $1.68 |
| Sep 2021 | 9.47 | -1.56% | $16.95 | $1.79 |
| Jun 2021 | 9.62 | -11.99% | $17.61 | $1.83 |
ONB average PE ratio chart
The current PE ratio of ONB is above the 3, 5 and 10-year historical averages.
ONB PE vs peers
ONB's PE ratio is lower than its peer stocks FRME and LKFN, but it is greater than HBAN's and RF's. Old National Bancorp is presently trading at a lower PE ratio (13.88) than its peer group average of 15.81.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PEBO Peoples Bancorp Inc | 8.95 | $1.13B |
| SRCE 1St Source Corp | 11.91 | $1.57B |
| HBAN Huntington Bancshares Inc | 13.02 | $23.48B |
| RF Regions Financial Corp | 13.21 | $21.26B |
| THFF First Financial Corp | 13.6 | $592.66M |
| ONB Old National Bancorp | 13.88 | $7.48B |
| GABC German American Bancorp Inc | 14.23 | $1.17B |
| FRME First Merchants Corp | 14.38 | $2.55B |
| LKFN Lakeland Financial Corp | 18.02 | $1.68B |
| HBNC Horizon Bancorp Inc | 34.94 | $733.1M |
Frequently asked questions
What is Old National Bancorp's PE ratio?
As of Feb 21, 2025, ONB stock has a price to earnings ratio of 13.88.
What is the 3-year average PE ratio for Old National Bancorp (ONB)?
The 3-year average PE ratio for ONB stock is 10.85.
What is the 5-year average PE ratio for Old National Bancorp (ONB)?
The 5-year average PE ratio for ONB stock is 10.82.
What is the highest PE ratio for ONB?
Over the last ten years, the quarterly PE ratio reached a historic high of 25.29 in the Dec 2017 quarter.
How does the current PE ratio for ONB compare to its historical average?
ONB's price to earnings ratio is currently 2.9% above its 10-year historical average.
How is ONB's PE ratio calculated (Old National Bancorp PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Feb 21, 2025), Old National Bancorp's stock price is $23.46. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.69. Therefore, Old National Bancorp's P/E ratio for today is 13.88. PE RATIO(13.88) = STOCK PRICE($23.46) / TTM EPS($1.69)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.