Old National Bancorp to Announce Q3 Earnings on October 22

Old National Bancorp (NASDAQ: ONB) is set to release its third-quarter earnings for 2025 on Wednesday, October 22, before the market opens. Analysts project the bank will report earnings of $0.56 per share, accompanied by estimated revenues of $696.66 million for the quarter. The earnings call is scheduled for 10:00 AM ET, and interested parties can find further details on the company’s earnings summary page.

In its previous earnings report on February 1, 2025, Old National Bancorp disclosed earnings of $0.46 per share, with a net revenue of $222.80 million. The bank achieved a return on equity of 9.92% and a net margin of 17.67%, indicating a solid financial performance.

Investors have shown increased interest in the stock, which opened at $19.85 on Monday. Old National Bancorp has a market capitalization of $7.78 billion, a price-to-earnings ratio of 11.75, and a beta of 0.85. The stock has fluctuated between a fifty-two week low of $16.83 and a high of $24.49. Its 50-day moving average stands at $22.00, while the 200-day moving average is at $21.37.

Recent Shareholder Activity and Analyst Ratings

Recent months have seen notable changes among institutional investors regarding their stakes in Old National Bancorp. For example, EverSource Wealth Advisors LLC dramatically increased its holdings by 794.2% during the second quarter, now owning 3,568 shares valued at approximately $76,000. Other significant movements include Headlands Technologies LLC, which acquired shares valued at about $190,000, and B. Riley Wealth Advisors Inc., which added to its position with an investment worth $208,000.

Institutional and hedge fund investors collectively own 83.66% of Old National Bancorp’s stock, reflecting strong confidence in the bank’s future.

Wall Street analysts have also weighed in on Old National Bancorp’s stock. TD Cowen initiated coverage on September 25, recommending a “hold” rating with a target price of $25.00. Piper Sandler maintained an “overweight” rating and raised its price target to $27.00, up from $26.00. Royal Bank of Canada adjusted its price objective from $23.00 to $24.00 with a “sector perform” rating. Barclays set an even higher target of $29.00 while maintaining an “overweight” rating.

Currently, one analyst has assigned a “Strong Buy” rating, while seven analysts rate it as a “Buy” and four as a “Hold.” According to MarketBeat, the consensus target price for the stock stands at $26.36, reflecting a generally positive outlook.

About Old National Bancorp

Old National Bancorp serves as the bank holding company for Old National Bank, providing a wide range of financial services to both individual and commercial clients across the United States. The bank offers various deposit accounts, including noninterest-bearing demand deposits, interest-bearing checking accounts, savings and money market accounts, and time deposits. Additionally, it provides multiple loan products such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, agricultural loans, and lease financing.

As the company prepares for its upcoming earnings announcement, investors will be keenly watching to see if Old National Bancorp meets or exceeds market expectations, potentially influencing future stock performance.