
ONB Stock Forecast & Price Target
ONB Analyst Ratings
Bulls say
Old National Bancorp is a stable and promising bank holding company that has shown strong growth potential through recent mergers and acquisitions. Their commitment to ethical governance and community engagement sets them apart in the industry. Analysts have a positive outlook on the company's future performance, with expected growth in key financial metrics, but risk factors such as asset quality and managing margins and expenses should be considered.
Bears say
Old National Bancorp is the sixth largest commercial bank headquartered in the Midwest by assets, with a presence in Indiana, Western Kentucky, Minnesota, Wisconsin, Southern Illinois, Michigan, and Tennessee. The company has a significant presence in several MSAs, including Indianapolis, Bloomington, and Evansville. However, the banking industry is highly competitive, and there is potential for disruption from nonbank financial institutions. The company's financials show stable credit trends and a solid loan growth, but risks such as interest rate sensitivity, acquisitions, credit risk, and regulatory changes can impact its performance and stock price. Therefore, the outlook for Old National Bancorp's stock is negative.
This aggregate rating is based on analysts' research of Old National Bancorp and is not a guaranteed prediction by Public.com or investment advice.
ONB Analyst Forecast & Price Prediction
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