Old National Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of Series C Preferred Stock
$ 25.16
-0.28%
24 Feb - close price
- Market Cap N/A
- Current Price $ 25.16
- High / Low $ 25.16 / 25.14
- Stock P/E 28.32
- Book Value 21.21
- EPS 0.89
- Next Earning Report 2026-04-20
- Dividend Per Share $0.56
- Dividend Yield 2.22 %
- Next Dividend Date -
- ROA 0.01 %
- ROE 0.09 %
- 52 Week High 25.23
- 52 Week Low 22.79
About
Old National Bancorp Depositary Shares represent a 1/40th interest in a share of Series C Preferred Stock, part of Old National Bancorp, a prominent financial services provider in the Midwest. Known for its robust community banking philosophy and a comprehensive range of financial products, Old National Bancorp is focused on delivering long-term shareholder value while prioritizing customer service and community involvement. The Series C Preferred Stock is designed to offer investors a reliable dividend income, making it a compelling investment choice amid the fluctuating landscape of the financial industry.
Analyst Target Price
N/A
Next Quarterly Earnings
| Mar 2026 | |
|---|---|
| Reported Date | 2026-04-20 |
| Fiscal Date Ending | 2026-03-31 |
| Estimated EPS | |
| Currency | USD |
Previous Dividend Records
| May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 | May 2024 | Feb 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-05-20 | 2026-02-20 | 2025-11-20 | 2025-08-20 | 2025-05-20 | 2025-02-20 | 2024-11-20 | 2024-08-20 | 2024-05-20 | 2024-02-20 |
| Amount | $0.4375 | $0.4375 | $0.4375 | $0.4375 | $0.4375 | $0.4375 | $0.4375 | $0.4375 | $0.4375 | $0.4375 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: ONBPO
2026-02-23 13:28:21
Old National Bancorp is reducing its board from 16 to 12 members and has increased its quarterly common dividend by 3.6% to US$0.145 per share. These changes, coupled with ongoing technology upgrades, reinforce the bank's focus on capital returns. While the board changes are seen as housekeeping, the investment narrative continues to balance CRE credit risk with protecting earnings quality and the sustainability of the dividend payout.
2026-02-23 13:08:57
Old National Bancorp announced the retirement of four directors, a reduction in board size from 16 to 12 members, and a 3.6% increase in its quarterly common dividend to US$0.145 per share. These changes, particularly the dividend hike, reinforce the bank's commitment to returning capital despite its exposure to commercial real estate (CRE) risk and ongoing technology upgrades. The article suggests that while governance changes are positive, the tension between CRE credit risk and earnings quality remains a key factor for investors, who should also consider multiple fair value estimates.
2026-02-21 21:49:08
The US economy is akin to a barge, slow to change direction, yet despite aggressive Federal Reserve interest rate hikes, economic data remains strong, with a resilient consumer and labor market. Many economists predicted a recession by now, but a severe downturn is becoming less likely, though sluggish growth may persist. This outlook provides insights into investment views for equities and fixed income, highlighting the impact of AI on market leaders and discussing the inverted yield curve's implications while emphasizing the current housing affordability crisis.
2026-02-10 13:58:23
Old National Bancorp and Axletree Solutions have partnered to implement Symmetree by Axletree, updating Old National's SWIFT architecture and achieving ISO 20022 compliance for 2026. This upgrade introduces real-time payment tracking, enhanced security, and improved Treasury Management capabilities, contributing to increased operational efficiency and competitiveness in international payments. The new system also supported the Bremer Bank integration in the second half of 2025.
2026-02-07 04:59:08
Old National Bancorp has appointed Joe Chasteen as its new Chief Revenue Enablement Officer, a strategic role focused on organic growth and revenue generation. Chasteen brings 27 years of banking and leadership experience to the position, where he will establish and reinforce disciplined sales processes and advance the use of customer relationship management tools. He will report directly to Old National President & Chief Operating Officer Tim Burke.
2026-02-02 18:28:06
Old National Bancorp completed a $450 million fixed income offering and is making progress with its Bremer Bank integration, which provides funding flexibility and efficiency gains. The stock has seen an 8.3% increase over the past month, trading below analyst targets and its estimated fair value. These strategic moves are expected to influence the company's growth, credit risk, and capital allocation, offering investors new data points to assess its performance and risk profile.
