Old National Bancorp
F:ON1
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Old National Bancorp
F:ON1
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Intrinsic Value
The intrinsic value of
Old National Bancorp (ON1) under the Base Case is 24.18 EUR per share.
Compared with the current market price of 22.4 EUR, the stock appears
Undervalued by 7% .
The intrinsic value is calculated using valuation multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Old National Bancorp Does
Old National Bancorp is the bank holding company for Old National Bank, a regional bank that serves people, small and middle-market businesses, and public-sector clients. It offers checking and savings accounts, mortgages, consumer loans, commercial loans, credit lines, treasury services, and wealth management and trust services. Its job is to take customer deposits, lend that money back out, and help customers manage day-to-day cash flow and longer-term financial needs.
- Headquarters
- United States of America US
- Employees
- 4 948
- IPO date
- Jun 20, 1984
Old National Bancorp has no economic moat
Customers can choose among banks and other financial providers offering similar services, so they do not depend on a network unique to Old National. Its local history and broad footprint do not show that it can charge more or prevent larger and lower-cost competitors from serving the same markets.
Read the full moat analysis
The intrinsic value for
Old National Bancorp (ON1) under the Base Case is 24.18 EUR.
Compared with the current market price of 22.4 EUR, the stock appears Undervalued by 7% .