UBS has initiated coverage on Old National Bancorp (ONB) with a Neutral rating as of December 14, 2025. This marks the firm's first assessment of the banking company, which is headquartered in Evansville, Indiana and primarily serves clients in the Midwest and Southeast. Old National Bancorp operates a commercial bank that provides a range of financial and banking solutions, including consumer and commercial banking, wealth management, and capital markets services.
As of December 11, 2025, Old National Bancorp has a market capitalization of $9.1 billion, a price-to-earnings ratio (P/E) of 14.98, and an earnings per share (EPS) of 1.75. The current share price stands at $22.99, with a dividend yield of 240.8%.
Upcoming earnings reports are scheduled for April 20, 2026, with an estimated EPS of $0.63 and revenue of $714.2 million, followed by another report on July 20, 2026, estimating an EPS of $0.65 and revenue of $729.8 million.
Analyst consensus as of December 1, 2025, indicates 3 Strong Buy, 7 Buy, and 5 Hold ratings, with no Sell or Strong Sell ratings, reflecting a consensus rating of Buy. Analyst ratings can change over time as new information becomes available, and different analysts may have varying opinions on the same company.
This update provides insight into the market's view of Old National Bancorp's investment potential as UBS begins its coverage.