Old National Bancorp (ONB) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Old National Bancorp (ONB) is anticipated to report a year-over-year increase in earnings and revenues for the quarter ended September 2025, with earnings expected to be $0.56 per share, reflecting a +21.7% change, and revenues projected at $696.7 million, up 41.6% from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for October 22, and the stock may rise if the reported numbers exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 0.08% higher in the last 30 days, indicating a slight bullish sentiment among analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +1.79% for Old National Bancorp, suggesting analysts have become more optimistic about the company's earnings prospects [12]. - Despite the positive Earnings ESP, the company holds a Zacks Rank of 4 (Sell), complicating the prediction of an earnings beat [12]. Historical Performance - In the last reported quarter, Old National Bancorp had an earnings surprise of +3.92%, reporting $0.53 per share against an expectation of $0.51 [13]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [14]. Industry Context - In the Zacks Banks - Midwest industry, Wintrust Financial (WTFC) is also expected to report earnings of $2.63 per share, reflecting a +6.5% year-over-year change, with revenues projected at $681.43 million, up 10.7% [18]. - Wintrust has an Earnings ESP of +4.12%, but also carries a Zacks Rank of 4 (Sell), making predictions of an earnings beat challenging [19][20].