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Old National Bancorp

ONB · NASDAQ

Market closed$26.74$-0.550000 (-2.02%)After hours $26.74 · 0.00%

Key statistics

Previous close$27.29
Open$27.13
Day high$27.26
Day low$26.67
52-week high$27.32
52-week low$19.39
Market cap10.33B
Volume5.27M
Average volume3.71M
P/E ratio11.38
Forward P/E—
EPS2.35
Dividend yield+2.13%

Market context

Why it moved

ONB shares declined amid a broad market selloff driven by escalating US-Iran geopolitical tensions, surging oil prices, and a sharp rout in semiconductor stocks that weighed on investor sentiment across the financial sector.

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What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Old National Bancorp closed down 2.02%, giving back some of its recent gains after surging to a 52-week high the prior session, as broader market weakness — driven by escalating U.S.-Iran tensions and a deteriorating AI narrative weighing on tech stocks — pulled financials lower alongside the XLF sector ETF. Investors remain focused on ONB's upcoming Q2 earnings report scheduled for July 22, with analysts expecting year-over-year earnings growth; the stock has still gained roughly 20% year-to-date and holds a 44-year consecutive dividend track record, while Raymond James recently initiated coverage with a Market Perform rating citing its strong regional franchise.

-2.0154

July 17, 2026Old National Bancorp surged nearly 3.5% to touch a fresh 52-week high on nearly double its average volume, carried by powerful tailwinds sweeping across the regional banking sector. Cooling inflation data — June CPI easing to 3.5% year-over-year — has reduced rate-hike fears, while a wave of strong Q2 earnings from peers like Citizens Financial (revenue +12.1%) and M&T Bank (EPS beat of nearly 15%) offered a bullish read-through for smaller lenders. Investors are increasingly optimistic that deposit costs have peaked and net interest margins can stabilize, fueling a broad rally in regional banks near 2026 highs.

3.4496

July 16, 2026Old National Bancorp closed essentially flat amid a broadly supportive backdrop for regional bank stocks, with shares edging up modestly as Q2 earnings season for the sector kicks into high gear. Peers including PNC and M&T Bank beat revenue and earnings estimates on Wednesday, reinforcing the narrative that regional banks are "finally making a comeback" — with the iShares U.S. Regional Banks ETF up over 14% year-to-date. ONB, approaching its 52-week high, is benefiting from sector tailwinds including a softer-than-expected June CPI report and constructive Fed commentary, even as macro risks from U.S.-Iran tensions and oil price volatility remain in focus.

0.2661

July 14, 2026Old National Bancorp closed essentially flat during the regular session but slipped sharply in after-hours trading, declining roughly 2.7% to around $25.60, significantly underperforming the broader financial sector (XLF nearly unchanged in extended hours). The after-hours move comes amid a busy regional bank earnings week, with seven major peers reporting Q2 results Wednesday through Friday, and investors closely watching net interest income trends, loan growth, and the impact of a hawkish Fed under Chair Warsh. Broader sector sentiment is cautiously optimistic — five of seven reporting regionals are up 20%+ YTD — but rising rate hike expectations, Iran-driven oil price spikes, and inflation concerns are adding uncertainty. Meanwhile, Old National's foundation announced a $20,000 community giving milestone campaign, a goodwill gesture with minimal market impact.

-0.076

July 14, 2026Old National Bancorp edged modestly higher, closing up around 0.44%, as the regional banking sector broadly draws investor attention ahead of a pivotal Q2 earnings season. The bank's community-focused Foundation simultaneously announced a '20 for 20' campaign marking $40 million in cumulative giving, reinforcing its brand amid sector tailwinds. Rising Treasury yields and a hawkish Fed backdrop are lifting net interest margin expectations for asset-sensitive regional lenders, though ONB faces scrutiny over softer net interest income relative to its strong top-line revenue growth, with analysts projecting a fair value near $28.

0.4388

July 10, 2026Old National Bancorp rose nearly 2% in regular trading, outperforming the XLF financial sector ETF, as investors position ahead of the company's Q2 2026 earnings release scheduled for July 22. Despite a softer Q1 — where revenues of $702.7 million grew 44% year-over-year but missed net interest income estimates — the stock has surged over 11% since that report, reflecting confidence in the Midwest regional lender's post-merger growth trajectory. Analyst consensus remains constructive with a median price target of $28, while the broader sector navigates rising oil prices and inflation uncertainty tied to renewed US-Iran tensions.

1.7101

July 8, 2026Old National Bancorp shares fell amid a broad financial sector selloff, with the XLF financials ETF also declining sharply as geopolitical tensions escalated after President Trump declared the U.S.-Iran peace MOU 'over,' sending oil prices surging over 5% and rattling risk assets broadly. Regional banking peers like Citizens Financial Group also dropped over 4%, as investors weighed macro headwinds — including sticky inflation, Fed rate uncertainty, and renewed Middle East conflict — ahead of Old National's Q2 earnings release scheduled for July 22, where investors will be watching credit quality, net interest margins, and deposit competition.

-2.6485

July 7, 2026Old National Bancorp closed essentially flat as investors look ahead to its Q2 2026 earnings release scheduled for July 22, announced today. The Midwest-focused regional bank touched a fresh 52-week high of $26.70 intraday, reflecting continued momentum — shares have gained roughly 17% over the past 90 days. Bullish sentiment is supported by Barclays raising its price target to $31 (Overweight), a median analyst target of $28, and Q1 2026 revenues up 42% year-over-year. Broader sector headwinds include rate uncertainty under Fed Chair Kevin Warsh and deposit competition pressures facing mid-sized regional banks.

-0.0756

Simply Wall Street · July 18, 2026Is Old National Bancorp (ONB) Still Cheap Relative To Fair Value?Investing.com · July 16, 2026Old National Bancorp stock hits 52-week high at $26.73Quiver Quantitative · July 15, 2026Fund Update: 235,997 DEVON ENERGY (DVN) shares added to OLD NATIONAL BANCORP |IN| portfolioStock Titan · July 15, 2026Old National Bancorp (ONB) discloses $5.02B in Form 13F positions
Benzinga · July 7, 2026Barclays Maintains Overweight on Old National Bancorp, Raises Price Target to $31
Mt Newswire · July 1, 2026RBC Adjusts Price Target on Old National Bancorp to $28 From $26, Maintains Sector Perform Rating
Benzinga · May 28, 2026Old National Bancorp Files Prospectus For Mixed Shelf; Size Not Disclosed
Mt Newswire · May 13, 2026Old National Bancorp Keeps Quarterly Dividend at $0.145 a Share, Payable June 15 to Holders of Record June 5
Benzinga · April 23, 2026Truist Securities Maintains Buy on Old National Bancorp, Raises Price Target to $28
Benzinga · April 22, 2026Old National Q1 2026 Earnings Call: Complete Transcript
Mt Newswire · April 22, 2026Old National Bancorp Q1 Adjusted Earnings, Revenue Rise
Mt Newswire · April 22, 2026Earnings Flash (ONB) Old National Bancorp Reports Q1 Revenue $702.8M, vs. FactSet Est of $706.5M

Peers

S&P 500SPX · $7,457.69-1.01%Ameris BancorpABCB · $92.31-0.92%Cathay General BancorpCATY · $62.71-1.59%First Financial Bancorp.FFBC · $35.72-1.27%Huntington Bancshares IncorporatedHBAN · $18.25-1.67%Wintrust Financial CorporationWTFC · $164.30-1.56%Commerce Bancshares, Inc.CBSH · $59.14-0.44%Associated Banc-CorpASB · $31.34-1.35%First Interstate BancSystem, Inc.FIBK · $39.18-2.59%First Merchants CorporationFRME · $44.59-1.41%UMB Financial CorporationUMBF · $145.99-1.37%Valley National BancorpVLY · $14.95-1.58%