Is Old National Bancorp overvalued?

Old National Bancorp (ONB) looks undervalued — trading about 42% below its fair value.

Undervalued

Price

$25.49

Fair value

$36.12

Current P/E

10.8

Normal P/E

15.4

Market cap

$9.75B

Dividend yield

2.3%

Return on equity

10.5%

Sector

Financial Services

Fair value compares ONB's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 24 Sep 2026.

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