Old National Bancorp (NASDAQ:ONB) is scheduled to post its quarterly earnings results before the market opens on Tuesday, October 24th. Analysts expect Old National Bancorp to post earnings of $0.26 per share for the quarter.

Old National Bancorp (NASDAQ:ONB) last posted its earnings results on Tuesday, July 25th. The bank reported $0.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.02. The firm had revenue of $153.60 million for the quarter, compared to analyst estimates of $153.57 million. Old National Bancorp had a net margin of 21.02% and a return on equity of 8.25%. During the same period in the previous year, the firm posted $0.31 EPS. On average, analysts expect Old National Bancorp to post $1.06 EPS for the current fiscal year and $1.2 EPS for the next fiscal year.

Old National Bancorp (NASDAQ:ONB) opened at 18.60 on Friday. The firm has a market cap of $2.52 billion, a P/E ratio of 17.66 and a beta of 1.10. The stock has a 50 day moving average of $17.52 and a 200-day moving average of $16.92. Old National Bancorp has a 12 month low of $14.11 and a 12 month high of $18.95.

ONB has been the subject of several recent research reports. Boenning Scattergood initiated coverage on Old National Bancorp in a research report on Wednesday, October 4th. They set an “outperform” rating and a $20.50 price objective for the company. Jefferies Group LLC reaffirmed a “hold” rating and issued a $18.00 price target on shares of Old National Bancorp in a research report on Friday, August 11th. Piper Jaffray Companies started coverage on Old National Bancorp in a research report on Friday, October 6th. They issued a “neutral” rating and a $19.00 target price for the company. BidaskClub lowered Old National Bancorp from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th. Finally, Raymond James Financial, Inc. raised Old National Bancorp from a “market perform” rating to an “outperform” rating and set a $19.00 target price for the company in a research report on Tuesday, September 19th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $18.83.

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In other Old National Bancorp news, insider John R. Kamin sold 5,531 shares of the company’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $16.56, for a total value of $91,593.36. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 1.79% of the company’s stock.

Old National Bancorp Company Profile

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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