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Stock impact report

Old National Bancorp: Not Enough Here To Buy [Seeking Alpha]

Old National Bancorp (ONB) 
Last old national bancorp earnings: 4/20 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Follow Play 5min Summary Old National Bancorp's revenue rose 6.5% to $486 million, beating estimates, but loan growth remains choppy and deposits are stable at $40.8 billion. Net interest income slightly increased to $397.9 million, with a solid net interest margin of 3.32%, though higher funding costs offset gains. Asset quality showed mixed results, with higher loan loss provisions and net charge-offs, but return metrics and efficiency ratio improved. Overall, the quarter was mixed, justifying a neutral rating as the stock remains fully priced with no compelling reason to buy. Looking for a helping hand in the market? Members of BAD BEAT Investing get exclusive ideas and guidance to navigate any climate. Learn More » The7Dew/iStock via Getty Images Old National Bancorp NASDAQ: ONB ) is another regional bank we cover to get a feel for how the economy is doing on a smaller scale. We cover plenty of regionals, as they give us in-depth insight Pay yourself dividen Show less Read more
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