Old National Bancorp (NASDAQ:ONB) is scheduled to be releasing its earnings data before the market opens on Tuesday, January 23rd. Analysts expect Old National Bancorp to post earnings of $0.25 per share for the quarter.

Old National Bancorp (NASDAQ:ONB) last announced its quarterly earnings results on Tuesday, October 24th. The bank reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.03. The company had revenue of $154.84 million during the quarter, compared to the consensus estimate of $152.48 million. Old National Bancorp had a net margin of 21.61% and a return on equity of 8.39%. During the same quarter in the previous year, the company posted $0.25 earnings per share. On average, analysts expect Old National Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of Old National Bancorp (ONB) opened at $18.40 on Tuesday. The firm has a market cap of $2,493.62, a PE ratio of 16.88 and a beta of 1.03. Old National Bancorp has a 1-year low of $15.38 and a 1-year high of $18.95. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.86 and a quick ratio of 0.85.

Several equities research analysts recently weighed in on the stock. BidaskClub raised shares of Old National Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, January 11th. Zacks Investment Research raised shares of Old National Bancorp from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a report on Wednesday, December 27th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $20.00 price objective on shares of Old National Bancorp in a report on Friday, December 22nd. ValuEngine raised shares of Old National Bancorp from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, Boenning Scattergood set a $21.00 price objective on shares of Old National Bancorp and gave the stock a “buy” rating in a report on Thursday, October 26th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Old National Bancorp currently has a consensus rating of “Hold” and a consensus price target of $19.19.

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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.

Earnings History for Old National Bancorp (NASDAQ:ONB)

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