ONB — Old National Bancorp

✨ Hidden Gem

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates ONB Bullish with a Setup Score of 34, net conviction 49, actionability 24. How the Setup Score works →

Total Setup Score34
Directional BiasBullish
Net Conviction49
Actionability24 (in range)

Key signals behind this score

About Old National Bancorp

Old National Bancorp operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States. It accepts deposit accounts, such as noninterest-bearing demand, interest-bearing checking and negotiable order of withdrawal, savings and money market, and time deposits. The company also offers loans, including home equity lines of credit, residential real estate loans, and consumer loans, … Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$25.66
Market Cap$9.88B
Float379.4M
Shares Outstanding382.6M
P/E (Forward)9.78
P/E (TTM)11.43
Price/Sales (TTM)3.71
vs. Analyst Target+16.2% to analyst PT
Profit Margin33.31%
Operating Margin (TTM)52.54%
Revenue (TTM)$2.66B
Earnings Growth (YoY)92.90%
Dividend Rate0.6%
Analyst Target Price$29.82 (11 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $903M $226M $792M $299M
2021 $853M $278M $840M $377M
2022 $1.85B $428M $1.58B $607M
2023 $2.54B $582M $1.78B $817M
2024 $2.96B $539M $1.77B $746M
2025 $3.71B $669M $2.36B $978M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $1.02B $183M
Dec 2025 $1.01B $217M
Mar 2026 $1.00B $234M
Jun 2026 $1.00B $253M

Ownership & Float

Insider Ownership0.7%
Institutional Ownership98.0%
Short Float4.8%
% of All Funds Holding5.15%
Number of Funds Holding453

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$26.32Near-term / short-term trend
Weekly40-Week SMA$24.14Medium-term trend
Weekly80-Week SMA$22.74Cyclical trend (business cycle)
Weekly200-Week SMA$19.43Secular trend (multi-year)
Monthly10-Month SMA$23.98Near-term monthly trend
Monthly20-Month SMA$22.89Medium-term monthly trend
Monthly40-Month SMA$20.01Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$23.90 support 1.21x 1 months ago
$19.40 support 1.52x 20 months ago
$17.10 support 1.35x 24 months ago

Historical Earnings Reactions (124 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.02% 0.00% 44.35% 2.86% -5.88%
1 Day 0.13% 0.06% 50.00% 14.32% -7.19%
1 Week 0.25% 0.00% 47.58% 22.69% -12.70%
2 Weeks 0.61% 0.40% 50.81% 23.17% -17.25%
1 Month 0.45% 0.11% 50.41% 22.20% -16.78%

Next earnings: October 21, 2026 (55 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-2.2%28.6%42
Feb-1.1%42.9%42
Mar0.2%47.6%42
Apr1.0%42.9%42
May0.2%59.5%42
Jun0.4%47.6%42
Jul0.2%53.5%43
Aug0.1%45.2%42
Sep0.8%50.0%42
Oct0.3%40.5%42
Nov3.0%66.7%42
Dec1.0%64.3%42

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.06% 41.9% 2008
Tuesday 0.05% 42.4% 2179
Wednesday 0.03% 41.5% 2176
Thursday 0.04% 40.7% 2137
Friday 0.04% 42.4% 2125

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 98.0%

Insider Transactions — Smart Summary

Total insider ownership: 0.7%

12-Month Insider Activity Summary

Total Filings4
Net Value-$1.6M
Net Shares Change-1,988,553
% of Float-0.5%
C-Suite Filings3
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Otto Bremer Trust -$50.0M 1 N/A
Chulos Nicholas J Chief Legal Officer & Corp Sec -$1.3M 2 2 sell
ALAHMAR CHADY M. CEO, WEALTH MANAGEMENT -$310,843.86 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-07-31 ALAHMAR CHADY M. CEO, WEALTH MANAGEMENT -$310,843.86 Transaction at $26.41, now -2.8%
2026-07-29 Chulos Nicholas J Chief Legal Officer & Corp Sec -$533,192 Transaction at $26.66, now -3.7%
2026-02-05 Chulos Nicholas J Chief Legal Officer & Corp Sec -$751,497 Transaction at $25.05, now +2.4%
2026-03-02 Otto Bremer Trust -$50.0M Transaction at $25.95, now -1.1%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Old National Bancorp (ONB) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for ONB on Trend Edge →