Does ONB pay a dividend and is it safe?

Old National Bancorp (ONB) offers a 2.36% cash dividend yield ($0.61 annualized) and 4.16% total shareholder yield including buybacks. Roarable rates its payout coverage as FORTRESS PAYOUT.

Stock Ratings / Financials / ONB / dividends

ZION (64) CFR (60) BPOP (67) SSB (60) ⌘ Pro Terminal →

Old National Bancorp (ONB) Dividend Safety Gauge & 10-Year DRIP Compounder

$25.77 +2.71% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $25.85

Old National Bancorp (ONB) carries a Roarable Rating of C (Hold) with 65/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

ROARABLE C • HOLD / WATCH Cap $9.49B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on ONB Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is ONB stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, Old National Bancorp (NASDAQ: ONB) is rated C (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 65/100 at a spot price of $25.77 (+2.71% 1D, market cap $9.49B). Pillar breakdown: Fundamental Cash Engine 11/20, Institutional 13F & Options Flow 11/20, SEC Balance-Sheet Forensics 15/20, FRED Macro Regime Fit 13/20, and Executive Insider Alignment 15/20. Across 1097 tracked Financials issuers, ONB ranks #232 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does ONB compare to ZION and CFR in the Financials sector?

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Within the Financials sector (Major Banks), ONB carries a Roarable C (65/100 RQD), trailing P/E of 14.3x, gross margin of —, and ROIC of 1.9%. By comparison, ZION (Zions Bancorporation N.A.) holds a C grade (64/100 RQD, P/E 10.8x, ROIC 2.8%, cap $9.54B) and CFR (Cullen/Frost Bankers Inc.) posts a C- grade (60/100 RQD, P/E 15.1x, ROIC 3.4%, cap $9.80B). Among the 5-stock peer group, ZION leads on earnings multiple (10.8x) while CFR leads on capital efficiency (3.4% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for ONB?

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Per ONB's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0000707179), Old National Bancorp generated $2.21B in revenue (+24.1% YoY), $669.3M in net income, and $637.4M in free cash flow against $72.15B in total assets and $28.65B in total debt. Key quantitative strengths: Company leadership has skin in the game with net positive insider conviction. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $25.85 (+0.30%)🧬 Cannibal Buyback (-2.08% YoY Shares)⚙️ Cash Engine: 11/20 (D+) • 28.8% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 65/100 (C) historically posted market-perform odds over rolling 90-day windows (+1.3% avg 90D alpha vs SPY • 55.6% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERHOLD / WATCH • C

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw C · Rk B-

Each axis scored 0–20

12M PRICE TARGET CONE+3.1% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for ONB)Realized 20D OHLCV Swing Band: ±4.3%

Deterministic 5-Pillar Attribution (65/100 Composite)

🔍 WHY ONB SCORES 65/100 (C) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+15/20 pts (23% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 7/9

▲ #2 Bullish Driver: Insider Conviction & Share Dilution+15/20 pts (23% of score)

SEC Form 4 / 13F Thermometer: 75% Net Buy • Cannibal Buyback (-2.08% YoY Shares)

▼ #1 Drag / Risk Factor: Whale & Options Positioning11/20 pts (-9 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-9 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$24.51+0.3% Next Q

Q2 (-2Q)

Grade C$24.59+0.6% Next Q

Q3 (-1Q)

Grade C+$24.73+4.2% Next Q

Current

Grade C$25.77+1.3% Hist 90D α

Trajectory: C (57) → C (65)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the ONB Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 65/100 (C) score, ONB faces multiple-compression risk if 14.3x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Broader market pullbacks can still drag down strong stocks in the short run.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.08% YoY Shares) — any gross margin slip below 15.0% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($25.18) or 200D SMA ($24.65) invalidates the momentum regime and cuts Target Base ($26.58) toward Bear Floor ($20.73).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $ONB• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “ONB Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 65%NO 35%Trade / Inspect Odds →

CASH DIVIDEND + BUYBACK YIELD

4.16% Total Yield

2.36% Cash ($0.61/yr) + 1.8% Buybacks

PAYOUT SAFETY SPEEDOMETER

88/100 • FORTRESS PAYOUT

FREE CASH FLOW PAYOUT RATIO

23% of FCF

8 consecutive years of payout growth

INTERACTIVE DRIP & SHAREHOLDER-YIELD COMPOUNDER (7.7% EST. ANNUAL)

$10,000 Compounded Over 10 Years → $20,997

Est. Year-10 Shareholder Yield: $873/yr

Starting Investment: $10,000

Compounding Horizon: 10 Years

$10.8K

Yr 1

$11.6K

Yr 2

$12.5K

Yr 3

$13.5K

Yr 4

$14.5K

Yr 5

$15.6K

Yr 6

$16.8K

Yr 7

$18.1K

Yr 8

$19.5K

Yr 9

$21.0K

Yr 10

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher + Cash-Flow & Quality Compounder Desk

Cash-Fortress Compounders: Auditing Free Cash Flow & Yield Safety in ONB & A-Rated Leaders

✓12-month Bull/Base/Bear fair-value walkthrough on ONB and its top sector peer
✓Top Roarable A-Rated cash compounders with verified executive & 13F accumulation
✓Includes nightly RQD rating-change & forensic signal email alerts

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

ONB // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +8.37%📐 HORIZONTAL RANGE

2026-11-03O $25.23H $25.77L $25.09C $25.77VOL 3.92M

RES: $28.58SUP: $23.24SMA50: $25.18SMA200: $24.65

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

ONB Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 ONB Butterfly Map → + Track ONB →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

6.2%/yr Implied 5Y Growth

vs. +24.1% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on ONB today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for ONB. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for ONB today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (ONB)

Financials Rank #232 of 1097 ⚔️ ZION vs ONB Full Matrix →

1. Head-to-Head Financials Peer Comparison (ONB vs. ZION, CFR, BPOP, SSB)

Industry: Major Banks (248 Tracked Issuers)

Across 1097 tracked Financials securities in the Roarable RQD universe, Old National Bancorp (ONB) ranks #232 by composite RQD confidence (65/100, grade C) and #195 by equity capitalization ($9.49B). Within this direct 5-issuer industry benchmark cohort, ZION leads on earnings valuation at 10.8x trailing P/E, while CFR leads on capital efficiency and profitability with 3.4% ROIC and — gross margin. BPOP currently holds the highest overall quantitative score in the immediate peer group at 67/100 (C+) compared with ONB at 65/100 (C).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
ONB ACTIVE Old National Bancorp	C	65/100	14.3x	—	1.9%	+2.71%	$9.49B	Benchmark Subject
ZION Zions Bancorporation N.A.	C	64/100	10.8x	—	2.8%	+1.55%	$9.54B	/zion-vs-onb →
CFR Cullen/Frost Bankers Inc.	C-	60/100	15.1x	—	3.4%	+1.71%	$9.80B	/cfr-vs-onb →
BPOP Popular Inc.	C+	67/100	12.1x	—	3.1%	+1.50%	$9.99B	/bpop-vs-onb →
SSB SouthState Bank Corporation	C-	60/100	12.9x	—	3.0%	+1.75%	$10.20B	/ssb-vs-onb →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0000707179 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Old National Bancorp (ONB) reported GAAP revenue of $2.21B (+24.1% vs. FY2024 revenue of $1.78B , and +15.0% cumulative change since FY2023) , GAAP net income of $669.3M, operating cash flow of $681.5M, and free cash flow of $637.4M (+7.7% YoY). On the balance sheet, ONB closed FY2025 with $72.15B in total assets against $28.65B in total debt (Altman Z-Score: N/A, Piotroski F-Score: 7/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$2.21B	$669.3M	$681.5M	$637.4M	$72.15B	$28.65B
FY2024 (FY)	2024-12-31	$1.78B	$539.2M	$622.3M	$592.0M	$53.55B	$21.25B
FY2023 (FY)	2023-12-31	$1.92B	$582.0M	$516.3M	$516.3M	$5.25B	$1.23B

3. ONB Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is ONB stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does ONB compare to ZION and CFR in the Financials sector?

What are the biggest fundamental strengths and SEC risk factors for ONB?

Where is ONB trading relative to its 50-day, 200-day, and 52-week technical levels?

ONB last traded at $25.77 (+2.71% on volume of 4,701,495 shares), positioning the stock +2.34% above its 50-day simple moving average ($25.18) and +4.54% above its 200-day simple moving average ($24.65). Across its 52-week range of $19.60 to $27.36, ONB sits at the 79.5% percentile with a 14-day RSI of 50.3 (NEUTRAL RANGE) and an implied next-earnings move of ±4.3% ($24.66 to $26.88).

Direct Sub-Reports: ONB RQD Cockpit ONB 12M Forecast ONB Earnings & Move ONB Dividends & DRIP ONB Insiders & 13F ONB Whale Options ONB Profit Sankey ONB News & Why

ROARABLE RATING BRIEF • RQD 65/100 (C) ✓ SEC XBRL & RQD VERIFIED

ONB — Old National Bancorp: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Old National Bancorp (ONB) earns a live Roarable RQD composite score of 65/100, corresponding to a C letter grade (Roarable Hold) at a spot price of $25.77 (+2.71% 1D, market capitalization $9.49B).

Fundamental Cash Engine (11/20): Anchored by return on invested capital (ROIC) of 1.9%, gross margin of —, operating margin of 30.6%, and free cash flow yield of 6.68%.
Whale 13F & Options Flow (11/20) + Insider Conviction (15/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (13/20) + Forensic Balance Sheet (15/20): Incorporates a 0.97x equity beta, Altman Z-Score of N/A, Piotroski F-Score of 7/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

ONB is a NASDAQ-listed issuer classified in the Financials sector and the Major Banks industry. Revenue is reported as — across all periods in the financials, which the source does not explain.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Old National Bancorp (ONB) reported $2.21B in annual revenue (up from $1.78B in FY2024, +24.1% YoY) and $669.3M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($1.92B revenue, $582.0M net income) through FY2025, ONB scaled operating cash flow to $681.5M and free cash flow to $637.4M, backed by $72.15B in total assets against $28.65B in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (C • RQD 65/100): Company leadership has skin in the game with net positive insider conviction. Clean SEC annual filing review with no major hidden accounting time-bombs. With Fundamental Cash Engine at 11/20 and Institutional Whale Flow at 11/20, sustained execution supports upside toward the upper end of the $19.60 – $27.36 52-week range.
🐻 Primary Bear Case & Valuation Risk: Broader market pullbacks can still drag down strong stocks in the short run. Investors must weigh 14.3x trailing P/E and 40.3x EV/EBITDA against 30.6% operating margins and a 0.97x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

— The Butterfly Supply-Chain Graph lists no upstream or downstream dependencies, no sector correlations, and no bottlenecks. Investors should note that the source does not establish how ONB's sector peers or macro factors transmit to its results.

Key Question #1: Can ONB sustain or expand its 30.6% operating margin and 1.9% ROIC against Major Banks peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $2.21B and free cash flow of $637.4M, how will capital allocation balance growth reinvestment against $28.65B in total debt?
Key Question #3: How sensitive is ONB's 13.3x forward P/E multiple to Financials capital spending cycles and macro interest-rate shifts (Beta 0.97x)?

ONB Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Old National Bancorp (ONB) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to ONB Debate Forum (3) ↓

🔴 RISK WATCH Yahoo Finance • 22h ago

Old National Bancorp (ONB) Stock Sees Modest Fair Value Cut As Analysts Trim Targets

Yahoo Finance report covering Old National Bancorp (ONB) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Old National Bancorp (ONB) Stock Catches Up To Strong Q3 Earnings

Yahoo Finance report covering Old National Bancorp (ONB) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Seeking Alpha • 1d ago

Old National Bancorp: Solid Efficiency Despite Margin Compression (NASDAQ:ONB)

Seeking Alpha report covering Old National Bancorp (ONB) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 1d ago

Regional banks stocks Q3 in review: Old National Bank (NASDAQ:ONB) vs peers

TradingView report covering Old National Bancorp (ONB) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Investing.com • 1d ago

Old National Bancorp earnings matched, revenue fell short of estimates

Investing.com report covering Old National Bancorp (ONB) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE GuruFocus • 1d ago

Who's Buying or Selling Old National Bancorp (ONB) Stock Today?

GuruFocus report covering Old National Bancorp (ONB) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Seeking Alpha • 1d ago

Old National Bancorp Is Deserving Of An Upgrade (NASDAQ:ONB)

Seeking Alpha report covering Old National Bancorp (ONB) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 1d ago

Old National Bancorp (ONB) On Record Earnings And 2026 Guidance The Stock Still Looks Undervalued

Yahoo Finance report covering Old National Bancorp (ONB) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

ONB Bull vs. Bear Conversation Board — What's Your Call at $25.77?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON ONB 🐻 33% BEARISH CONVICTION

DE DeepValue_CFA RQD DEBATE OPENER • Institutional Buy-Side 🐂 BULLISH 🎯 Target: $30.36 (+21.0%)

📌 Pinned Debate

Forensic balance-sheet strength (Altman Z 2.5, Piotroski F 7/9, Debt/Equity 0.5) and a 13.3 forward P/E give the stock a sound financia

Forensic balance-sheet strength (Altman Z 2.5, Piotroski F 7/9, Debt/Equity 0.5) and a 13.3 forward P/E give the stock a sound financial base and modest valuation.. When you look under the hood at ONB, Fundamental Cash Engine is 11/20 with 0.0% gross margins and 1.9% ROIC. Bears are staring in the rearview mirror while institutional 13F flow (11/20) has been quietly accumulating below $27.36. My 12M target is $30.36.

ArenaChamp_24 🐂 BULL

@BearTrap_Alert Fair point on 14.3x trailing P/E, but you're ignoring the forward operating leverage in Major Banks. If gross margin (0.0%) holds, EPS grows into the multiple faster than bears think.

BE BearTrap_Alert RQD DEBATE OPENER • Cycle Peak Watcher 🐻 BEARISH 🎯 Target: $21.58 (-14.0%)

Spot @ $25.09

ROIC of 1.9% paired with an EV/EBITDA of 40.3 signals weak capital returns against an elevated enterprise valuation, with a RED-flagged

ROIC of 1.9% paired with an EV/EBITDA of 40.3 signals weak capital returns against an elevated enterprise valuation, with a RED-flagged analyst target trim already in the news feed.. Look at the math on ONB: paying 14.3x trailing P/E for 1.9% ROIC and 30.6% operating margins leaves zero margin of safety if Major Banks demand softens. I'd wait for a retest of $22.08 before getting long.