Old National Bancorp EVP James C. Ryan III Purchases 1,000 Shares (ONB)
Old National Bancorp (NASDAQ:ONB) EVP James C. Ryan III acquired 1,000 shares of the company’s stock on the open market in a transaction dated Wednesday, August 20th. The stock was purchased at an average cost of $13.09 per share, with a total value of $13,090.00. Following the acquisition, the executive vice president now directly owns 55,424 shares in the company, valued at approximately $725,500. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Old National Bancorp (NASDAQ:ONB) opened at 13.27 on Friday. Old National Bancorp has a 52-week low of $12.90 and a 52-week high of $15.80. The stock’s 50-day moving average is $13.62 and its 200-day moving average is $13.95. The company has a market cap of $1.405 billion and a price-to-earnings ratio of 14.24.
Old National Bancorp (NASDAQ:ONB) last released its earnings data on Monday, July 28th. The company reported $0.18 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.25 by $0.07. The company had revenue of $128.40 million for the quarter, compared to the consensus estimate of $133.62 million. During the same quarter last year, the company posted $0.28 earnings per share. Old National Bancorp’s revenue was down 1.0% compared to the same quarter last year. On average, analysts predict that Old National Bancorp will post $0.94 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 3.32%. The ex-dividend date is Thursday, August 28th.
Old National Bancorp (NASDAQ:ONB), is a financial holding company.
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