
Midwestern regional bank Old National Bancorp (NASDAQ: ONB) will be announcing earnings results this Wednesday before the bell. Here’s what to expect.
Old National Bank beat analysts’ revenue expectations by 2.2% last quarter, reporting revenues of $713 million, up 44.9% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts’ revenue estimates but net interest income in line with analysts’ estimates.
Is Old National Bank a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Old National Bank’s revenue to grow 42.8% year on year to $708.1 million, improving from the 10.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.59 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Old National Bank has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Old National Bank’s peers in the regional banks segment, some have already reported their Q4 results, giving us a hint as to what we can expect. First Horizon delivered year-on-year revenue growth of 8.1%, beating analysts’ expectations by 3.2%, and BOK Financial reported revenues up 12.7%, topping estimates by 7.6%. First Horizon traded up 102% following the results.
Read our full analysis of First Horizon’s results here and BOK Financial’s results here.
Investors in the regional banks segment have had steady hands going into earnings, with share prices up 1.4% on average over the last month. Old National Bank’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $26.23 (compared to the current share price of $23.26).
Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.