Old National Bancorp (FRA:ON1) ROE % Adjusted to Book Value: 11.06% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:ON1 Old National Bancorp FRA:ON1
66 GF Score
Price €23.40
GF Value €19.90
! 7 Warning Signs
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What is Old National Bancorp ROE % Adjusted to Book Value?

Old National Bancorp FRA:ON1 +2.63% 66 ROE % Adjusted to Book Value is 11.06% as of Mar. 2026. GuruFocus rates FRA:ON1 with a GF Score™ of 66/100 and a GF Value™ of €19.90. The stock has 7 warning signs investors should review.

Old National Bancorp's ROE % for the quarter that ended in Mar. 2026 was 11.06%. Old National Bancorp's PB Ratio for the quarter that ended in Mar. 2026 was 1.00. Old National Bancorp's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 11.06%.


Old National Bancorp ROE % Adjusted to Book Value Related Terms


Old National Bancorp ROE % Adjusted to Book Value Historical Data

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The historical data trend for Old National Bancorp's ROE % Adjusted to Book Value 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.

Old National Bancorp ROE % Adjusted to Book Value Chart

Old National Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.71 10.16 11.80 8.17 8.18

Old National Bancorp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 8.59 6.38 8.39 9.83 11.06

FRA:ON1 vs SSB, ZION, CFR: ROE % Adjusted to Book Value Comparison

For the Banks - Regional subindustry, Old National Bancorp's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, Old National Bancorp's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Old National Bancorp's ROE % Adjusted to Book Value falls into.


FRA:ON1
66GF Score
Old National Bancorp FRA:ON1
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Old National Bancorp ROE % Adjusted to Book Value Calculation

Old National Bancorp's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.59% / 1.05
=8.18%

Old National Bancorp's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=11.06% / 1.00
=11.06%

* 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.

What does a ROE % Adjusted to Book Value of 11.06% mean?
Old National Bancorp (FRA:ON1) has a ROE % Adjusted to Book Value of 11.06% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Old National Bancorp and its competitors.
Is Old National Bancorp's ROE % Adjusted to Book Value too high?
Old National Bancorp's current ROE % Adjusted to Book Value is 11.06%. Overall, Old National Bancorp has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Old National Bancorp's ROE % Adjusted to Book Value compare to SSB and ZION?
Old National Bancorp's ROE % Adjusted to Book Value of 11.06% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Banks company?
A good ROE % Adjusted to Book Value depends on the Banks industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Old National Bancorp and its competitors. Old National Bancorp's current ROE % Adjusted to Book Value is 11.06%. 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?
Old National Bancorp (FRA:ON1) has a current ROE % Adjusted to Book Value of 11.06%. The stock's GF Value™ is €19.90, compared to a current price of €23.40 — trading 17.6% above its estimated fair value. The current ROE % Adjusted to Book Value is 11.06%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Old National Bancorp (FRA:ON1), the current ROE % Adjusted to Book Value is 11.06% as of Mar. 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 (FRA:ON1) Overvalued in 2026?

Based on GuruFocus' analysis, Old National Bancorp stock appears to be overvalued. The current stock price of €23.40 is trading 17.6% above its estimated GF Value™ of €19.90.

Key valuation signals for FRA:ON1:

  • ROE % Adjusted to Book Value: 11.06%
  • GF Value™: €19.90 vs. price of €23.40 (17.6% above fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the FRA:ON1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Old National Bancorp Business Description

Other Exchanges ONB:USA
Address One Main Street, Evansville, IN, USA, 47708
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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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€23.40
Price
€19.90
GF Value