The PE ratio for Old National Bancorp stock stands at 13.81 as of Jan 17, 2025. This results from the current EPS of $1.66 and stock price of $22.93. An increase of 41% has been seen in the P/E ratio compared to the average of 9.8 of the last 4 quarters.
Over the last ten years, the average PE ratio of Old National Bancorp has been 13.5. The current 13.81 PE ratio is 2.3% 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.
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% |
The current PE ratio of ONB is above the 3, 5 and 10-year historical averages.
ONB's PE ratio is lower than its peer stocks HBAN and LKFN, but it is greater than RF's and FRME's. Old National Bancorp is presently trading at a lower PE ratio (13.81) than its peer group average of 15.65.
Stock name | PE ratio | Market cap |
---|---|---|
PEBO Peoples Bancorp Inc | 8.82 | $1.11B |
SRCE 1St Source Corp | 11.02 | $1.42B |
THFF First Financial Corp | 12.59 | $548.38M |
FRME First Merchants Corp | 13.33 | $2.36B |
RF Regions Financial Corp | 13.67 | $21.99B |
ONB Old National Bancorp | 13.81 | $7.31B |
GABC German American Bancorp Inc | 14.4 | $1.18B |
HBAN Huntington Bancshares Inc | 16.36 | $24.71B |
LKFN Lakeland Financial Corp | 17.72 | $1.74B |
HBNC Horizon Bancorp Inc | 32.98 | $692.01M |
As of Jan 17, 2025, ONB stock has a price to earnings ratio of 13.81.
The 3-year average PE ratio for ONB stock is 10.67.
The 5-year average PE ratio for ONB stock is 10.72.
Over the last ten years, the quarterly PE ratio reached a historic high of 25.29 in the Dec 2017 quarter.
ONB's price to earnings ratio is currently 2.3% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jan 17, 2025), Old National Bancorp's stock price is $22.93. 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 13.81. PE RATIO(13.81) = STOCK PRICE($22.93) / TTM EPS($1.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.