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Old National Bancorp (Old National Bancorp) Net Cash per Share : $-121.78 (As of Dec. 2023)


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What is Old National Bancorp Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Old National Bancorp's Net Cash per Share for the quarter that ended in Dec. 2023 was $-121.78.

The historical rank and industry rank for Old National Bancorp's Net Cash per Share or its related term are showing as below:

ONB's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 13
* Ranked among companies with meaningful Price-to-Net-Cash only.

Old National Bancorp Net Cash per Share Historical Data

The historical data trend for Old National Bancorp's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Old National Bancorp Net Cash per Share Chart

Old National Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -70.15 -81.20 -79.82 -116.53 -121.78

Old National Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -119.09 -121.35 -122.16 -121.78 -146.59

Competitive Comparison of Old National Bancorp's Net Cash per Share

For the Banks - Regional subindustry, Old National Bancorp's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Old National Bancorp's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Old National Bancorp's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Old National Bancorp's Price-to-Net-Cash falls into.



Old National Bancorp Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Old National Bancorp's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1175.058+6713.055-43526.936-0)/292.655
=-121.78

Old National Bancorp's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1175.058+6713.055-43526.936-0)/292.655
=-121.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Old National Bancorp  (NAS:ONB) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Old National Bancorp Net Cash per Share Related Terms

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Old National Bancorp (Old National Bancorp) Business Description

Traded in Other Exchanges
Address
One Main Street, Evansville, IN, USA, 47708
Old National Bancorp with almost $10 billion in assets following its latest acquisition, Old National Bancorp is a financial services bank holding company headquartered in Indiana. Based in Evansville, Ind., Old National owns multiple financial services operations in Indiana, Illinois, and Kentucky. The company provides a group of similar community banking services, including such products and services as commercial, real estate, and consumer loans; deposits; and brokerage, trust, and investment advisory services.
Executives
Michael L Scudder director, officer: Executive Chairman 300 PARK BLVD, SUITE 405, ITASCA IL 60143
Ryan James C Iii officer: SENIOR VP & TREASURER ONE MAIN STREET, EVANSVILLE IN 47708
Kathryn Hayley director C/O AON CORPORATION, LAW DEPT, 200 EAST RANDOLPH STREET, 8TH FLOOR, CHICAGO IL 60601
Thomas Lynn Brown director 8750 W. BRYN MAWR, SUITE 1300, CHICAGO IL 60631
Peter J Henseler director C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Ellen A Rudnick director 5807 SOUTH WOODLAWN AVENUE, MP POLSKY CENTER FOR ENTREPRENEURSHIP, CHICAGO IL 60637
Mark G Sander officer: President and COO 1200 HANSEN ROAD, GREEN BAY WI 54304
Angela L Putnam officer: CAO and Corporate Controller ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Nicholas J Chulos officer: Chief Legal Officer & Corp Sec ONE PIERCE PLACE, SUITE, ITASCA IL 60143
Chady M. Alahmar officer: CEO, Wealth Management ONE MAIN STREET, EVANSVILLE IN 47708
Barbara A Boigegrain director ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Michael Small director C/O CENTENNIAL COMMUNICATIONS CORP, 3349 RTE 138, WALL NJ 07719
Van Arsdell Stephen C director ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Austin M Ramirez director ONE MAIN STREET, EVANSVILLE IN 47708
Ryan C Kitchell director ONE MAIN STREET, EVANSVILLE IN 47708