Old National Bancorp(US:ONB) ZACKS·2025-04-21 14:21Core Insights - Old National Bancorp (ONB) is expected to report quarterly earnings of $0.42 per share, reflecting a decline of 6.7% year over year, while revenues are forecasted to increase by 8.7% to $478.3 million [1] - Analysts have revised the consensus EPS estimate upward by 4.4% over the past 30 days, indicating a collective reassessment of projections [2] - The relationship between earnings estimate revisions and short-term stock price performance is well-documented, highlighting the importance of these revisions for investor behavior [3] Financial Metrics - The consensus 'Efficiency Ratio' is projected to be 54.9%, down from 58.3% in the same quarter last year [5] - 'Net interest margin (FTE)' is expected to remain stable at 3.3%, consistent with the year-ago figure [5] - Analysts predict 'Average Balance - Total earning assets' to be $48.47 billion, an increase from $44.18 billion reported in the same quarter last year [5] Income Projections - 'Total noninterest income' is expected to reach $88.16 million, up from $77.52 million in the same quarter last year [6] - 'Net Interest Income (FTE)' is forecasted at $390.14 million, compared to $362.71 million in the same quarter last year [6] - 'Service charges on deposit accounts' are projected to be $20.09 million, an increase from $17.90 million in the same quarter last year [7] - 'Wealth and investment services fees' are expected to reach $30.16 million, up from $28.30 million in the same quarter last year [7] - 'Mortgage banking revenue' is anticipated to be $6.66 million, compared to $4.48 million in the same quarter last year [8] Stock Performance - Over the past month, shares of Old National Bancorp have declined by 7.6%, while the Zacks S&P 500 composite has decreased by 5.6% [9] - ONB currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [9]