ONB Stock Forecast & Price Target

Old National Bancorp is well-positioned for growth with strong community involvement, a focus on expanding CSR initiatives, and solid financial performance and guidance. However, potential asset quality pressure remains a risk and will need to be closely monitored.

Old National Bancorp is experiencing stable credit and interest rate risks, with an increase in loans and deposits. However, net interest income decreased slightly compared to last year, while expenses also increased. The recent merger with FMBI may bring additional competition and disruption to the market, and in the event of a deteriorating macroeconomy and challenging interest rate environment, the company may face additional downward pressure on their margin and rising credit costs.