Old National Bancorp currently trades with a PEG ratio of 1.01, based on Jun 22, 2026 data. Dividing the 12.76 PE ratio by the 12.6% earnings growth rate produces this figure.
Historically, Old National Bancorp maintains a PEG ratio averaging 1.99 across the last ten years. At 1.01, today's PEG ratio sits 49% lower than its historical average. The ten years high came in the Mar 2017 quarter at 17.84, reflecting peak valuation relative to growth. The bottom was reached in the Jun 2023 quarter at 0.06, suggesting favorable value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.91 | 12.39 | 6.5% |
| 2024 | N/A | 12.84 | -13.3% |
| 2023 | 0.3 | 8.66 | 29.1% |
| 2022 | N/A | 11.91 | -10.1% |
| 2021 | 0.48 | 10.79 | 22.6% |
| 2020 | N/A | 12.09 | -1.4% |
| 2019 | 1.01 | 13.16 | 13% |
| 2018 | 0.16 | 12.52 | 78.3% |
| 2017 | N/A | 25.29 | -34.3% |
| 2016 | 4.32 | 17.29 | 4% |
| 2015 | 2.58 | 13.43 | 5.2% |
| 2014 | N/A | 15.5 | -4% |
| 2013 | 2.9 | 15.37 | 5.3% |
| 2012 | 0.5 | 12.49 | 25% |
| 2011 | 0.21 | 15.33 | 72.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.9 | 11.28 | 12.6% |
| Dec 2025 | 1.91 | 12.39 | 6.5% |
| Sep 2025 | 3.02 | 12.69 | 4.2% |
| Jun 2025 | N/A | 12.48 | 0% |
| Mar 2025 | N/A | 12.18 | -6.5% |
| Dec 2024 | N/A | 12.84 | -13.3% |
| Sep 2024 | N/A | 11.24 | -24.5% |
| Jun 2024 | N/A | 10.05 | -21.6% |
| Mar 2024 | N/A | 9.36 | -8.8% |
| Dec 2023 | 0.3 | 8.66 | 29.1% |
| Sep 2023 | 0.06 | 6.61 | 107.5% |
| Jun 2023 | 0.06 | 6.39 | 113.7% |
| Mar 2023 | 0.07 | 7.07 | 100% |
| Dec 2022 | N/A | 11.91 | -10.1% |
| Sep 2022 | N/A | 15.54 | -40.8% |
ONB's PEG ratio today is above the 5-year average, yet it comes in under the 3 and 10-year averages.
With a PEG of 1.01, ONB ranks higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 0.46, Old National Bancorp's PEG is 120% higher.
Relative to its peers, ONB's PEG ratio is below HBAN's yet above RF's and SRCE's. Old National Bancorp's PEG ratio of 1.01 is above the peer average of 0.53.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| THFF First Financial Corp | 0.23 | $893.32M |
| GABC German American Bancorp Inc | 0.27 | $1.72B |
| LKFN Lakeland Financial Corp | 0.65 | $1.53B |
| RF Regions Financial Corp | 0.72 | $25B |
| SRCE 1St Source Corp | 0.83 | $1.9B |
| ONB Old National Bancorp | 1.03 | $9.78B |
| HBAN Huntington Bancshares Inc | 16.48 | $35.27B |
| FRME First Merchants Corp | N/A | $2.64B |
| HBNC Horizon Bancorp Inc | N/A | $1.01B |
| PEBO Peoples Bancorp Inc | N/A | $1.34B |
Based on Jun 22, 2026 data, ONB shows a PEG ratio of 1.01.
Historical data over a 3-year period puts ONB's average PEG ratio at 1.04.
Historical data over a 5-year period puts ONB's average PEG ratio at 0.72.
In the last ten years, ONB's peak PEG ratio of 17.84 occurred in the Mar 2017 quarter.
Compared to the 10-year average, ONB's PEG ratio sits 49% lower.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth rate (YoY TTM). As of Jun 22, 2026, Old National Bancorp carries a PE ratio of 12.76. Earnings grew at 12.6% over the TTM period ending Mar 2026. Applying the formula, this yields a PEG ratio of 1.01. PEG RATIO(1.01) = PE RATIO(12.76) / EPS GROWTH(12.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.