Old Historical Income Statement

ONB Stock  USD 16.57  0.09  0.54%   
Historical analysis of Old National income statement accounts such as Ebit of 788.9 M can show how well Old National Bancorp performed in making a profits. Evaluating Old National income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Old National's future profits or losses.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Old National Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Old National Bancorp is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old National Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About Old Income Statement Analysis

Old National Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Old National shareholders. The income statement also shows Old investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Old National Income Statement Chart

Old National Bancorp Income Statement is one of the three primary financial statements used for reporting Old's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Old National Bancorp revenue and expense. Old National Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Old National's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 1.1 B, whereas Depreciation And Amortization is forecasted to decline to about 15.9 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Old National Bancorp. It is also known as Old National overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Old National Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Old National Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Old National Bancorp financial statement analysis. It represents the amount of money remaining after all of Old National Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Old National's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Old National Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old National Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At present, Old National's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 1.1 B, whereas Depreciation And Amortization is forecasted to decline to about 15.9 M.
 2021 2022 2023 2024 (projected)
Operating Income338.9M671.0M751.3M788.9M
Other Operating Expenses471.8M71.3M1.0B1.1B

Old National income statement Correlations

0.860.850.850.850.830.890.880.41-0.260.890.820.820.90.880.050.82-0.940.930.890.940.610.93
0.860.740.750.740.440.850.680.27-0.140.750.730.730.820.950.130.72-0.790.70.760.810.520.78
0.850.741.01.00.650.980.940.610.240.990.990.990.980.72-0.050.98-0.760.910.970.960.330.75
0.850.751.01.00.640.980.940.610.250.990.990.990.980.71-0.050.98-0.750.90.970.960.330.74
0.850.741.01.00.640.980.940.620.250.990.990.990.980.71-0.060.98-0.750.90.970.960.330.74
0.830.440.650.640.640.610.780.33-0.420.70.610.610.670.55-0.010.6-0.830.860.690.740.480.82
0.890.850.980.980.980.610.910.550.150.960.970.971.00.830.020.97-0.790.90.970.970.370.79
0.880.680.940.940.940.780.910.550.090.950.930.920.940.74-0.150.89-0.810.970.910.920.360.8
0.410.270.610.610.620.330.550.550.380.570.640.640.550.27-0.410.62-0.230.450.570.540.310.41
-0.26-0.140.240.250.25-0.420.150.090.380.170.30.30.13-0.24-0.360.250.31-0.10.110.01-0.41-0.4
0.890.750.990.990.990.70.960.950.570.170.970.970.980.72-0.010.96-0.790.930.970.970.410.78
0.820.730.990.990.990.610.970.930.640.30.971.00.980.7-0.080.98-0.720.880.970.950.330.71
0.820.730.990.990.990.610.970.920.640.30.971.00.980.7-0.070.98-0.720.880.970.950.330.71
0.90.820.980.980.980.671.00.940.550.130.980.980.980.820.010.97-0.810.930.980.980.370.81
0.880.950.720.710.710.550.830.740.27-0.240.720.70.70.820.040.7-0.830.770.740.80.480.82
0.050.13-0.05-0.05-0.06-0.010.02-0.15-0.41-0.36-0.01-0.08-0.070.010.040.05-0.070.060.120.110.020.06
0.820.720.980.980.980.60.970.890.620.250.960.980.980.970.70.05-0.720.880.990.960.290.71
-0.94-0.79-0.76-0.75-0.75-0.83-0.79-0.81-0.230.31-0.79-0.72-0.72-0.81-0.83-0.07-0.72-0.87-0.8-0.85-0.44-0.8
0.930.70.910.90.90.860.90.970.45-0.10.930.880.880.930.770.060.88-0.870.930.950.410.86
0.890.760.970.970.970.690.970.910.570.110.970.970.970.980.740.120.99-0.80.930.990.390.79
0.940.810.960.960.960.740.970.920.540.010.970.950.950.980.80.110.96-0.850.950.990.460.84
0.610.520.330.330.330.480.370.360.31-0.410.410.330.330.370.480.020.29-0.440.410.390.460.69
0.930.780.750.740.740.820.790.80.41-0.40.780.710.710.810.820.060.71-0.80.860.790.840.69
Click cells to compare fundamentals

Old National Account Relationship Matchups

Old National income statement Accounts

201920202021202220232024 (projected)
Interest Expense126.1M67.2M42.2M126.3M703.7M738.9M
Other Operating Expenses506.0M579.8M471.8M71.3M1.0B1.1B
Operating Income290.4M255.6M338.9M671.0M751.3M788.9M
Ebit290.4M255.6M338.9M671.0M751.3M788.9M
Ebitda307.3M269.6M350.2M696.9M775.5M814.2M
Total Operating Expenses(506.0M)(579.8M)(471.8M)71.3M1.0B1.1B
Net Income238.2M226.4M277.5M428.3M582.0M611.1M
Income Tax Expense52.2M29.1M61.3M116.4M169.3M177.8M
Depreciation And Amortization16.9M14.1M11.3M25.9M24.2M15.9M
Selling General Administrative343.8M351.1M347.3M595.0M124.7M207.2M
Selling And Marketing Expenses15.9M10.9M12.7M32.3M39.5M41.5M
Total Revenue796.3M835.4M810.6M1.7B1.8B1.9B
Gross Profit796.3M835.4M810.6M1.7B1.8B1.9B
Income Before Tax290.4M255.6M338.9M544.7M751.3M788.9M
Total Other Income Expense Net290.4M255.6M338.9M(126.3M)751.3M788.9M
Net Income Applicable To Common Shares238.2M226.4M277.5M414.2M476.3M500.1M
Net Income From Continuing Ops238.2M226.4M277.5M661.2M650.2M682.8M
Tax Provision52.2M29.1M61.3M116.4M194.4M204.1M
Net Interest Income604.3M596.1M596.4M1.3B1.5B1.6B
Interest Income730.4M663.3M638.6M1.5B2.1B2.2B
Reconciled Depreciation43.6M43.0M11.3M25.9M62.8M40.7M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Old National Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Old National Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old National Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old National Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Old Stock analysis

When running Old National's price analysis, check to measure Old National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Old National is operating at the current time. Most of Old National's value examination focuses on studying past and present price action to predict the probability of Old National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old National's price. Additionally, you may evaluate how the addition of Old National to your portfolios can decrease your overall portfolio volatility.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Is Old National's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old National. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Dividend Share
0.56
Earnings Share
1.85
Revenue Per Share
5.98
Quarterly Revenue Growth
(0.05)
The market value of Old National Bancorp is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old National's value that differs from its market value or its book value, called intrinsic value, which is Old National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old National's market value can be influenced by many factors that don't directly affect Old National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.