Old National Bancorp (ONB)
Here's Why Old National (ONB) Stock is Worth Buying Right Now
Old National (ONB) is likely to benefit from its strategic initiatives, solid loan demand, high rates and decent liquidity. These factors make the stock an attractive pick for investors.
Still On The Sidelines With Old National Bancorp
Old National Bancorp stock moved sideways in 2024 and recently surged with the sector and market, but mixed Q2 results keep us neutral. Strong headline earnings with revenue up 2.6%, loan growth due to CapStar acquisition, net interest income increased. Asset quality mixed with loan loss provision expense, net charge-offs up, but nonaccrual loans improved. Return metrics weakened from Q1.
Compared to Estimates, Old National Bancorp (ONB) Q2 Earnings: A Look at Key Metrics
The headline numbers for Old National Bancorp (ONB) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Old National Bancorp (ONB) Beats Q2 Earnings and Revenue Estimates
Old National Bancorp (ONB) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.54 per share a year ago.
Q Precious and Battery Metals Mobilizes Drill To La Corne South Project, Val d'Or Quebec
VANCOUVER, BC / ACCESSWIRE / June 24, 2024 / Q Precious and Battery Metals Corp. ("QMET" or the "Company") (CSE:QMET)(OTC PINK:BTKRF)(FRA:ONB) is pleased to announce that the company has now mobilized a diamond drill onto the La Corne South project located north of Val d'Or, Quebec. The drilling is scheduled to commence in the following days.
6 Regional Banks' Ratings on Review for Downgrade by Moody's
Old National (ONB), Fulton (FULT), FNB, WaFd (WAFD) and two other regional banks' ratings are on review for downgrade by Moody's due to concerns over CRE exposure.
