ONB
Old National Bancorp
PEG ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: ONB
- PEG Ratio
Old National Bancorp currently trades with a PEG ratio of 0.36, based on Aug 1, 2026 data. Dividing the 11.74 PE ratio by the 32.7% earnings growth rate produces this figure. Relative to the 1.55 average from the past 4 quarters, the PEG ratio has shrunk by 77%.
ONB PEG ratio history
Historically, Old National Bancorp maintains a PEG ratio averaging 1.98 across the last ten years. At 0.36, today's PEG ratio sits 82% 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.
Old National Bancorp PEG ratio by year
| 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% |
Old National Bancorp PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.35 | 11.41 | 32.7% |
| 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% |
ONB average PEG ratio chart
ONB's PEG ratio today comes in under the 3, 5 and 10-year averages.
PEG comparison
With a PEG of 0.36, ONB ranks lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 0.48, Old National Bancorp's PEG is 25% lower.
ONB EPS growth
ONB Price vs fair value
ONB PEG vs peers
Relative to its peers, ONB's PEG ratio is below RF's and SRCE's yet above GABC's and THFF's. Old National Bancorp's PEG ratio of 0.36 is below the peer average of 0.59.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| THFF First Financial Corp | 0.26 | $979.89M |
| GABC German American Bancorp Inc | 0.31 | $1.94B |
| ONB Old National Bancorp | 0.36 | $10.31B |
| SRCE 1St Source Corp | 0.6 | $2.2B |
| LKFN Lakeland Financial Corp | 0.68 | $1.59B |
| RF Regions Financial Corp | 0.77 | $26.77B |
| PEBO Peoples Bancorp Inc | 0.98 | $1.51B |
| FRME First Merchants Corp | N/A | $2.77B |
| HBAN Huntington Bancshares Inc | N/A | $34.87B |
| HBNC Horizon Bancorp Inc | N/A | $1.07B |
Frequently asked questions
What is Old National Bancorp's PEG ratio?
Based on Aug 1, 2026 data, ONB shows a PEG ratio of 0.36.
What is the 3-year average PEG ratio for Old National Bancorp (ONB)?
Historical data over a 3-year period puts ONB's average PEG ratio at 1.09.
What is the 5-year average PEG ratio for Old National Bancorp (ONB)?
Historical data over a 5-year period puts ONB's average PEG ratio at 0.74.
What is the highest PEG ratio for ONB?
In the last ten years, ONB's peak PEG ratio of 17.84 occurred in the Mar 2017 quarter.
How does the current PEG ratio for ONB compare to its historical average?
Compared to the 10-year average, ONB's PEG ratio sits 82% lower.
Why is Old National Bancorp's PEG ratio so low?
Strong earnings growth relative to valuation results in ONB's low PEG ratio of 0.36.
How is ONB's PEG ratio calculated (Old National Bancorp PEG ratio formula)?
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth rate (YoY TTM). As of Aug 1, 2026, Old National Bancorp carries a PE ratio of 11.74. Earnings grew at 32.7% over the TTM period ending Jun 2026. Applying the formula, this yields a PEG ratio of 0.36. PEG RATIO(0.36) = PE RATIO(11.74) / EPS GROWTH(32.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.