ONB Old National Bancorp PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: ONB
- PE Ratio
The PE ratio for Old National Bancorp stock stands at 12.3 as of May 9, 2025. This results from the current EPS of $1.74 and stock price of $21.4. An increase of 6% has been seen in the P/E ratio compared to the average of 11.6 of the last 4 quarters.
ONB PE ratio history
Over the last ten years, the average PE ratio of Old National Bancorp has been 13.38. The current 12.3 PE ratio is 8% 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: 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 |
|---|---|---|---|---|
| Mar 2025 | 12.18 | -5.14% | $21.19 | $1.74 |
| 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 |
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 LKFN and GABC, but it is greater than HBAN's and RF's. Old National Bancorp's current PE ratio of 12.3 is comparable to the average of its peer group, which is 12.07.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PEBO Peoples Bancorp Inc | 9.59 | $1.09B |
| RF Regions Financial Corp | 10.66 | $19.92B |
| FRME First Merchants Corp | 11 | $2.29B |
| SRCE 1St Source Corp | 11.09 | $1.55B |
| THFF First Financial Corp | 11.38 | $622.99M |
| HBAN Huntington Bancshares Inc | 12.19 | $23.27B |
| ONB Old National Bancorp | 12.68 | $7.06B |
| GABC German American Bancorp Inc | 13.97 | $1.48B |
| HBNC Horizon Bancorp Inc | 15.04 | $689.9M |
| LKFN Lakeland Financial Corp | 17.44 | $1.56B |
Frequently asked questions
What is Old National Bancorp's PE ratio?
As of May 9, 2025, ONB stock has a price to earnings ratio of 12.3.
What is the 3-year average PE ratio for Old National Bancorp (ONB)?
The 3-year average PE ratio for ONB stock is 10.53.
What is the 5-year average PE ratio for Old National Bancorp (ONB)?
The 5-year average PE ratio for ONB stock is 10.88.
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 8% 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 (May 9, 2025), Old National Bancorp's stock price is $21.4. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $1.74. Therefore, Old National Bancorp's P/E ratio for today is 12.3. PE RATIO(12.3) = STOCK PRICE($21.4) / TTM EPS($1.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.