Countdown to Old National Bancorp (ONB) Q4 Earnings: Wall Street Forecasts for Key Metrics

Core Viewpoint - Analysts project that Old National Bancorp (ONB) will report quarterly earnings of $0.46 per share, with revenues expected to reach $486.03 million, reflecting a 3.3% increase year over year [1] Earnings Estimates - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating a reassessment by covering analysts [1][2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock price performance [2] Key Metrics Forecast - Analysts expect the 'Efficiency Ratio' to be 53.0%, down from 59% a year ago [4] - The 'Net Interest Margin (FTE)' is projected at 3.3%, slightly lower than the previous year's 3.4% [4] - 'Average Balance - Total Earning Assets' is anticipated to reach $48.22 billion, up from $43.70 billion in the same quarter last year [4] Income Projections - 'Total Noninterest Income' is expected to be $85.94 million, down from $100.09 million in the same quarter last year [5] - 'Net Interest Income (FTE)' is forecasted to be $400.09 million, an increase from $370.51 million a year ago [5] Specific Revenue Estimates - 'Service Charges on Deposit Accounts' are projected at $19.83 million, compared to $18.67 million last year [6] - 'Wealth and Investment Services Fees' are expected to reach $29.36 million, up from $27.66 million a year ago [6] - 'Mortgage Banking Revenue' is forecasted at $6.55 million, significantly higher than the $3.69 million reported in the same quarter last year [6] Stock Performance - Over the past month, Old National Bancorp shares have recorded a return of -2.3%, outperforming the Zacks S&P 500 composite's -3.3% change [7] - Based on its Zacks Rank 1 (Strong Buy), ONB is expected to outperform the overall market in the upcoming period [7]