Why is Old National Bancorp ?
1
Healthy long term growth as Net Interest Income (ex other income) has grown by an annual rate of 0% and Net profit at 28.11%
2
With a growth in Interest of NAN%, the company declared Outstanding results in Dec 25
- OPERATING CASH FLOW(Y) Highest at USD 681.47 MM
- NET PROFIT(HY) At USD 473.21 MM has Grown at 65.5%
- GROSS NPA (%)(Q) Lowest at 1.07%
3
With ROA of 0.62%, it has a very attractive valuation with a 0.99 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 0.19%, its profits have risen by 43.4% ; the PEG ratio of the company is 0.6
4
High Institutional Holdings at 99.73%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
How much should you buy?
- Overall Portfolio exposure to Old National Bancorp should be less than 10%
- Overall Portfolio exposure to Major Banks should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Major Banks)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Old National Bancorp for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Old National Bancorp
0.19%
0.96
33.40%
S&P 500
14.9%
0.77
19.29%
Quality key factors
Factor
Value
Sales Growth (5y)
37.58%
EBIT Growth (5y)
23.27%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
0
Dividend Payout Ratio
31.34%
Pledged Shares
0
Institutional Holding
99.73%
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
0.99
EV to EBIT
15.20
EV to EBITDA
13.14
EV to Capital Employed
0.99
EV to Sales
3.95
PEG Ratio
0.63
Dividend Yield
2.49%
ROCE (Latest)
6.52%
ROE (Latest)
9.20%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Bullish
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
24What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 681.47 MM
NET PROFIT(HY)
At USD 473.21 MM has Grown at 65.5%
GROSS NPA (%)
(Q
NII(Q)
Highest at USD 580.83 MM
CASH AND EQV(HY)
Highest at USD 1,083.55 MM
NET SALES(Q)
At USD 897.3 MM has Grown at 18.27%
OPERATING PROFIT MARGIN(Q)
Highest at 32.99 %
PRE-TAX PROFIT(Q)
At USD 296.13 MM has Grown at 39.08%
EPS(Q)
Highest at USD 0.55
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Old National Bancorp
Operating Cash Flow
Highest at USD 681.47 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Non Performing Loans (%)
Lowest at 1.07%
in the last four Semi-Annual periodsMOJO Watch
Proportion of stressed loans given by the bank are falling
Non Performing Loans (%)
NII
Highest at USD 580.83 MM
in the last five periodsMOJO Watch
The bank's income from core business is increasing
NII (USD MM)
Net Profit
At USD 473.21 MM has Grown at 65.5%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (USD MM)
Net Sales
At USD 897.3 MM has Grown at 18.27%
over average net sales of the previous four periods of USD 758.66 MMMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Operating Profit Margin
Highest at 32.99 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
At USD 296.13 MM has Grown at 39.08%
over average net sales of the previous four periods of USD 212.92 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
EPS
Highest at USD 0.55
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (USD)
Cash and Eqv
Highest at USD 1,083.55 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents






