Old National Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of Series C Preferred Stock (ONBPO)

Quantinno Capital Management LP significantly increased its stake in Old National Bancorp ($ONB) during the first quarter, adding 102,159 shares to bring its total holdings to 153,244 shares valued at approximately $3.39 million. The bank reported strong financial results, exceeding analyst expectations with $0.65 EPS and $726.86 million in revenue, alongside a consistent quarterly dividend. Analysts maintain a "Moderate Buy" consensus for ONB, with an average price target of $29.36, indicating potential upside from its current trading price.

This article provides an Old National Bancorp (ONB) stock forecast from Argus, dated August 5, 2026. Old National Bancorp is a financial services bank holding company headquartered in Indiana, with assets nearing $10 billion. The report is accessible to Yahoo Finance Silver subscribers and includes a current price of $26.56.

Old National Bancorp (ONB) recently reported strong second-quarter 2026 results, including higher net interest income and net income, along with a completed share repurchase. Despite an 18.14% year-to-date share price return, the company is still considered 9% undervalued with a fair value of $29.27 per share, driven by strong fee-based business growth and controlled expenses. However, potential risks like commercial real estate pressures or a regional slowdown in the Midwest could impact this valuation.

Old National Bancorp (ONB) reported strong Q2 2026 earnings, with record adjusted EPS of US$0.65 and a significantly improved cost-to-income ratio of 47.04%. Despite these record efficiency gains and a 105.5% increase in net income year-over-year, the stock only rose 0.9%, suggesting the market remains cautious about the quality and sustainability of these profits. Bulls point to strong capital, balance sheet quality, and a durable fee mix, while bears highlight vulnerabilities to funding costs, commercial real estate, and one-off items in the profitability uplift.

This article reports on a Form 4 filing for Old National Bancorp (ONB) on August 1st. It also includes market data for various indices, commodities, and shares, indicating a slight increase for ONB. The article appears to be a standard financial news brief, possibly automatically generated, providing a brief update on a regulatory filing.