Old National Bancorp (NASDAQ: ONB) is one of 327 public companies in the “Banks” industry, but how does it compare to its rivals? We will compare Old National Bancorp to related businesses based on the strength of its risk, dividends, analyst recommendations, profitability, institutional ownership, valuation and earnings.

Earnings & Valuation

This table compares Old National Bancorp and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Old National Bancorp $670.65 million N/A 17.62
Old National Bancorp Competitors N/A N/A 18.85

Old National Bancorp is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of current recommendations for Old National Bancorp and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Old National Bancorp 0 4 2 0 2.33
Old National Bancorp Competitors 1989 7917 8103 309 2.37

Old National Bancorp currently has a consensus target price of $18.83, suggesting a potential upside of 1.80%. As a group, “Banks” companies have a potential downside of 8.26%. Given Old National Bancorp’s higher possible upside, equities analysts clearly believe Old National Bancorp is more favorable than its rivals.

Profitability

This table compares Old National Bancorp and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Old National Bancorp 21.02% 8.25% 1.02%
Old National Bancorp Competitors 18.95% 8.82% 0.93%

Institutional and Insider Ownership

72.6% of Old National Bancorp shares are held by institutional investors. Comparatively, 52.6% of shares of all “Banks” companies are held by institutional investors. 1.8% of Old National Bancorp shares are held by insiders. Comparatively, 10.4% of shares of all “Banks” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Risk & Volatility

Old National Bancorp has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500. Comparatively, Old National Bancorp’s rivals have a beta of 0.78, meaning that their average share price is 22% less volatile than the S&P 500.

Dividends

Old National Bancorp pays an annual dividend of $0.52 per share and has a dividend yield of 2.8%. Old National Bancorp pays out 49.5% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 2.0% and pay out 37.0% of their earnings in the form of a dividend.

About Old National Bancorp

Old National Bancorp is a financial holding company. The Company, through its banking subsidiary, provides a range of services, including commercial and consumer loan and depository services, private banking, brokerage, trust, investment advisory and other traditional banking services. The Company focuses on community banking. The Company’s banking segment operates through its subsidiary, Old National Bank. As of December 31, 2016, Old National Bank operated approximately 203 banking centers located in Indiana, Kentucky, Michigan and Wisconsin. As of December 31, 2016, Old National Bank leased 81 banking centers from unaffiliated third parties. Each of the branches of Old National Bank provide a group of similar community banking services, including products and services, such as commercial, real estate and consumer loans, time deposits, checking and savings accounts, cash management, brokerage, trust and investment advisory services.

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