Old National Bancorp's quarterly market cap
increased
from Sep. 2025 ($8,577 Mil) to Dec. 2025 ($8,693 Mil) but then
declined
from Dec. 2025 ($8,693 Mil) to Mar. 2026 ($8,538 Mil).
Old National Bancorp's annual market cap
increased
from Dec. 2023 ($4,943 Mil) to Dec. 2024 ($6,923 Mil) and
increased
from Dec. 2024 ($6,923 Mil) to Dec. 2025 ($8,693 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Old National Bancorp's Enterprise Value for Today is $15,826 Mil.
Old National Bancorp (NAS:ONB) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Old National Bancorp Market Cap Related Terms
Old National Bancorp Market Cap Historical Data
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The historical data trend for Old National Bancorp's Market Cap 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.
For the Banks - Regional subindustry, Old National Bancorp's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Banks Industry
For the Banks industry and Financial Services sector, Old National Bancorp's Market Cap distribution charts can be found below:
* The bar in red indicates where Old National Bancorp's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Old National Bancorp's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (ONB) has a Market Cap of $9,992 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Old National Bancorp and its competitors. According to the industry distribution chart, Old National Bancorp ranks #204 out of 1548 companies in the Banks industry, placing it in the top 13.2%.
Is Old National Bancorp's Market Cap too high?
Old National Bancorp's current Market Cap is $9,992 Mil. The Banks industry median Market Cap is 708.19. Old National Bancorp's value of $9,992 Mil is 1310.9% above this industry median. Based on the distribution chart, Old National Bancorp ranks #204 out of 1548 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Old National Bancorp has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old National Bancorp's Market Cap compare to SSB and ZION?
According to the Banks industry distribution chart, Old National Bancorp ranks #204 out of 1548 companies for Market Cap. This places Old National Bancorp in the top 13% of its industry — outperforming the majority of peers. The industry median Market Cap is 708.19. Old National Bancorp's value of $9,992 Mil is 1310.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Banks company?
The median Market Cap among Banks companies is 708.19, based on 1,548 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Old National Bancorp's current Market Cap of $9,992 Mil is 1310.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Old National Bancorp and its competitors. For the Banks industry, the median Market Cap is 708.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old National Bancorp's current Market Cap is $9,992 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old National Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Old National Bancorp (ONB) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.66, compared to a current price of $25.86 — trading 14.1% above its estimated fair value. The current Market Cap is $9,992 Mil and 1310.9% above the Banks industry median of 708.19. Old National Bancorp's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Old National Bancorp (ONB), the current Market Cap is $9,992 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Old National Bancorp (ONB) Overvalued in 2026?
Based on GuruFocus' analysis, Old National Bancorp stock appears to be overvalued.
The current stock price of $25.86 is trading 14.1% above its estimated GF Value™ of $22.66.
GuruFocus considers Old National Bancorp to be Modestly Overvalued.
Key valuation signals for ONB:
Market Cap: $9,992 Mil
GF Value™: $22.66 vs. price of $25.86 (14.1% above fair value)
Industry Position: 1310.9% above the Banks median (#204 of 1548)
No single metric tells the full story. See the ONB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Old National Bancorp is a provider of lending and deposit services. The bank offers comprehensive wealth management, trust, investment advisory, brokerage, and foreign currency services. For businesses, it provides treasury management, merchant, and capital markets services as well as community development lending and equity investment solutions intended to produce jobs and revitalize its communities. It earns interest income on loans as well as fee income from the origination of loans and from providing other services to its clients.
66GF Score
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Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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