Is Old National Bancorp overvalued?

Old National Bancorp (ONB) looks undervalued — trading about 44% below its fair value.

Undervalued

Price

$25.05

Fair value

$36.12

Current P/E

10.7

Normal P/E

15.4

Market cap

$9.48B

Dividend yield

2.3%

Return on equity

11.3%

Sector

Financial Services

Fair value compares ONB's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 12 Nov 2026.

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