ONB Old National Bancorp PE ratio, current and historical analysis
The PE ratio for Old National Bancorp stock stands at 12.75 as of Nov 21, 2024. This results from the current EPS of $1.66 and stock price of $21.16. An increase of 30% has been seen in the P/E ratio compared to the average of 9.8 of the last 4 quarters.
ONB PE ratio history
Over the last ten years, the average PE ratio of Old National Bancorp has been 13.55. The current 12.75 PE ratio is 6% below 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: 46.27% in 2017
Maximum annual decrease: -50.49% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.66 | -27.29% |
| 2022 | 11.91 | 10.38% |
| 2021 | 10.79 | -10.75% |
| 2020 | 12.09 | -8.13% |
| 2019 | 13.16 | 5.11% |
| 2018 | 12.52 | -50.49% |
| 2017 | 25.29 | 46.27% |
| 2016 | 17.29 | 28.74% |
| 2015 | 13.43 | -13.35% |
| 2014 | 15.5 | 0.85% |
ONB average PE ratio chart
The current PE ratio of ONB is above the 3 and 5-year historical averages, but it is below the 10-year average.
ONB PE vs peers
ONB's PE ratio is lower than its peer stocks HBAN and RF, but it is greater than SRCE's and PEBO's. Old National Bancorp is presently trading at a lower PE ratio (12.75) than its peer group average of 14.67.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PEBO Peoples Bancorp Inc | 9.92 | $1.25B |
| SRCE 1St Source Corp | 12.38 | $1.59B |
| ONB Old National Bancorp | 12.75 | $6.75B |
| THFF First Financial Corp | 13.26 | $577.66M |
| FRME First Merchants Corp | 14.37 | $2.55B |
| RF Regions Financial Corp | 15.11 | $24.3B |
| GABC German American Bancorp Inc | 16.33 | $1.34B |
| HBAN Huntington Bancshares Inc | 16.94 | $25.6B |
| LKFN Lakeland Financial Corp | 19.07 | $1.88B |
| HBNC Horizon Bancorp Inc | 38.08 | $799.11M |
Frequently asked questions
What is Old National Bancorp's PE ratio?
As of Nov 21, 2024, ONB stock has a price to earnings ratio of 12.75.
What is the 3-year average PE ratio for Old National Bancorp (ONB)?
The 3-year average PE ratio for ONB stock is 10.68.
What is the 5-year average PE ratio for Old National Bancorp (ONB)?
The 5-year average PE ratio for ONB stock is 10.84.
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 6% below 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 (Nov 21, 2024), Old National Bancorp's stock price is $21.16. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.66. Therefore, Old National Bancorp's P/E ratio for today is 12.75. PE RATIO(12.75) = STOCK PRICE($21.16) / TTM EPS($1.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.