GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Old National Bancorp (NAS:ONB) » Definitions » 10-Year RORE %

Old National Bancorp (Old National Bancorp) 10-Year RORE % : 13.33% (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Old National Bancorp 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Old National Bancorp's 10-Year RORE % for the quarter that ended in Dec. 2023 was 13.33%.

The industry rank for Old National Bancorp's 10-Year RORE % or its related term are showing as below:

ONB's 10-Year RORE % is ranked better than
68.02% of 1032 companies
in the Banks industry
Industry Median: 7.78 vs ONB: 13.33

Old National Bancorp 10-Year RORE % Historical Data

The historical data trend for Old National Bancorp's 10-Year RORE % 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 10-Year RORE % Chart

Old National Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.32 10.40 11.28 5.95 13.33

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
10-Year RORE % 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 14.52 17.51 16.84 13.33 -

Competitive Comparison of Old National Bancorp's 10-Year RORE %

For the Banks - Regional subindustry, Old National Bancorp's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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 10-Year RORE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Old National Bancorp's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Old National Bancorp's 10-Year RORE % falls into.



Old National Bancorp 10-Year RORE % Calculation

Old National Bancorp's 10-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 1.85-0.87 )/( 12.808-5.27 )
=0.98/7.538
=13.00 %

* 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.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 10-year before.


Old National Bancorp  (NAS:ONB) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Old National Bancorp 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of Old National Bancorp's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


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