Old National Bancorp (NASDAQ:ONB) declared a quarterly dividend on Friday, January 26th, Wall Street Journal reports. Shareholders of record on Thursday, March 1st will be given a dividend of 0.13 per share by the bank on Thursday, March 15th. This represents a $0.52 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date is Wednesday, February 28th.
Old National Bancorp (ONB) opened at $17.55 on Tuesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market cap of $2,668.67, a PE ratio of 15.95 and a beta of 0.90. Old National Bancorp has a 12-month low of $15.38 and a 12-month high of $18.95.
Old National Bancorp (NASDAQ:ONB) last posted its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.03). The firm had revenue of $163.40 million during the quarter, compared to analysts’ expectations of $170.13 million. Old National Bancorp had a net margin of 14.10% and a return on equity of 7.80%. The business’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.25 earnings per share. equities research analysts predict that Old National Bancorp will post 1.29 earnings per share for the current year.
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Old National Bancorp Company Profile
Old National Bancorp is a financial holding company. The Company, through its banking subsidiary, provides a range of services, including commercial and consumer loan and depository services, private banking, brokerage, trust, investment advisory and other traditional banking services. The Company focuses on community banking.
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