Old National Bancorp: Let It Fall Then Get To Work [Seeking Alpha]
Old National Bancorp (ONB)
Last old national bancorp earnings: 4/20 07:00 am
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US:NYSE Investor Relations:
snl.com/irweblinkx/yearlynews.aspx?iid=100391&mode=1&type=
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Source: Seeking Alpha
undefinedThis rising rate environment has wreaked havoc on the markets. Banks were hit hard up until about a month ago. Since then, there has been a nice bear market rally in our opinion. We think you let the market selloff some in Septemberand then do some buying. One such place we would like to see our members buying in would be the banks. Regional banks in particular look strong. We encourage our members and followers to put money into financials, and specifically regional banks on the next round of weakness. A higher rate environment will help banks in 2023, and one that we like on a pull back to $16-$17 is Old National Bancorp (NASDAQ:ONB). Right now the stock is pulling back slightly with a weak market the last two sessions, but the company has been doing well, despite a tough macro environment in H1 2022. Old National just recentlyreported Q2 earningswhich were impressive. In addition, the bankpays a dividendwith a yield just over of 3%. We think this dividend can be raised as
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ONB
News
- Old National Releases 2023 ESG Report [Yahoo! Finance]Yahoo! Finance
- Old National Releases 2023 ESG ReportGlobeNewswire
- Then and Now: Welch Building [Yahoo! Finance]Yahoo! Finance
- Old National Bancorp (NASDAQ: ONB) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $18.00 price target on the stock.MarketBeat
- Vigo County tax bills mailed, due May 10 [Yahoo! Finance]Yahoo! Finance
ONB
Earnings
- 1/23/24 - Miss
ONB
Sec Filings
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- ONB's page on the SEC website