Old National Bancorp (ONB) Files 10-K for the Fiscal Year Ended on December 31, 2018

Old National Bancorp (ONB, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Old National Bancorp is holding company engaged in the single business of insurance underwriting and related services. It provides financial services including commercial and retail banking, trust, brokerage, correspondent banking, and insurance. Old National Bancorp has a market cap of $2.99 billion; its shares were traded at around $17.07 with a P/E ratio of 14.00 and P/S ratio of 3.76. The dividend yield of Old National Bancorp stocks is 3.05%.

For the last quarter Old National Bancorp reported a revenue of $188.5 million, compared with the revenue of $161.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $711.9 million, an increase of 16% from last year. For the last five years Old National Bancorp had an average revenue growth rate of 5.9% a year.

The reported diluted earnings per share was $1.22 for the year, an increase of 76.8% from previous year. Over the last five years Old National Bancorp had an EPS growth rate of 0.2% a year. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Old National Bancorp has the cash and cash equivalents of $317.2 million, compared with $290.4 million in the previous year. The long term debt was $1.9 billion, compared with $1.9 billion in the previous year. Old National Bancorp has a financial strength rank of 4 (out of 10).

At the current stock price of $17.07, Old National Bancorp is traded at 40.7% premium to its historical median P/S valuation band of $12.13. The P/S ratio of the stock is 3.76, while the historical median P/S ratio is 2.68. The stock gained 1.46% during the past 12 months.

For the complete 20-year historical financial data of ONB, click here.