Recent Investment Analysts’ Ratings Updates for Old National Bancorp (ONB)

A number of research firms have changed their ratings and price targets for Old National Bancorp (NASDAQ: ONB):

• 10/9/2026 – Old National Bancorp had its price target lowered by Royal Bank Of Canada from $29.00 to $28.00. They now have a “sector perform” rating on the stock.
• 10/6/2026 – Old National Bancorp was upgraded by Raymond James Financial, Inc. from “market perform” to “outperform”. They now have a $29.00 price target on the stock.
• 10/5/2026 – Old National Bancorp had its price target lowered by TD Cowen from $31.00 to $30.00. They now have a “buy” rating on the stock.
• 10/1/2026 – Old National Bancorp had its price target lowered by JPMorgan Chase & Co. from $32.00 to $30.00. They now have an “overweight” rating on the stock.
• 9/24/2026 – Old National Bancorp is now covered by Wells Fargo & Company. They set an “overweight” rating and a $30.00 price target on the stock.
• 9/24/2026 – Old National Bancorp is now covered by Wells Fargo & Company. They set an “overweight” rating and a $30.00 price target on the stock.
• 9/22/2026 – Old National Bancorp had its price target lowered by Citigroup Inc. from $31.00 to $30.00. They now have a “buy” rating on the stock.
• 9/17/2026 – Old National Bancorp is now covered by Piper Sandler. They set an “overweight” rating and a $32.00 price target on the stock.
• 9/11/2026 – Old National Bancorp was given a new $32.00 price target by National Bank Financial.
• 9/11/2026 – Old National Bancorp is now covered by JPMorgan Chase & Co.. They set an “overweight” rating and a $32.00 price target on the stock.
• 9/1/2026 – Old National Bancorp had its “buy (b)” rating reaffirmed by Weiss Ratings.

Old National Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Saturday, September 5th were issued a dividend of $0.1450 per share. This represents a $0.58 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Friday, September 4th. Old National Bancorp’s dividend payout ratio (DPR) is currently 25.78%.

Insider Activity

In related news, insider Nicholas Chulos sold 20,000 shares of Old National Bancorp stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $26.66, for a total transaction of $533,200.00. Following the completion of the transaction, the insider directly owned 53,544 shares of the company’s stock, valued at $1,427,483.04. This trade represents a 27.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Chady Alahmar sold 11,771 shares of the business’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $26.41, for a total transaction of $310,872.11. Following the completion of the transaction, the chief executive officer owned 63,531 shares in the company, valued at approximately $1,677,853.71. This trade represents a 15.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.72% of the company’s stock.

Old National Bancorp is a regional financial holding company headquartered in Evansville, Indiana. Through its principal subsidiary, Old National Bank, the company provides banking and financial services to individuals, families, businesses and institutions.

Old National Bank offers a range of products and services, including checking and savings accounts, consumer and commercial lending, mortgages, treasury management, wealth management, investment services and personal financial planning.