What Is Old National Bancorp (ONB) Worth in 2026?
According to the CirclFi Deep Alpha Valuation Engine, Old National Bancorp's intrinsic value is estimated at $35.03, presenting a divided outlook at the current price of $26.33. With an average implied return of +33.1% across a split 5–6 (bull–bear) consensus, the model spread of +389.6% underscores analytical uncertainty. Notably, ML-RIV sees the most upside at +314.5% (fair value: $109.12), while Markov DDM is the most conservative at -75.0% ($6.57). The spread between these extremes — +389.6% — reveals how different analytical frameworks can reach starkly different conclusions.
What Do the Models Say About ONB?
12 of 13 models are currently active for ONB. Of these, 5 models suggest upside while 7 models suggest overvaluation. The Bayesian DCF estimates ONB's intrinsic value at $61.39, implying +133.2% upside from the current price. See which stocks rank higher →
How Does ONB Rank in National Commercial Banks?
Among 90 National Commercial Banks stocks, ONB ranks #14 by Quality of Company score. CirclFi's QOC score of 8.8/10 evaluates 32 fundamental signals. A score of 8.8 places ONB in the top tier.
See all Most Undervalued National Commercial Banks Stocks →
Within the National Commercial Banks space, Old National Bancorp competes in an environment where net interest margin (NIM) often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.
Is ONB a Value Trap?
CirclFi's Value Trap algorithm assigns ONB a score of 26/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →
Multi-Model Methodology
12 of 13 models are active for Old National Bancorp. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →
According to the CirclFi 32-factor quality framework, Old National Bancorp's fundamental quality profile registers 8.8/10. This robust score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.
The gap between the most bullish and bearish model spans +389.6% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →
Data Sources & Confidence
Every ONB valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →
Across ONB's 12 active models, average confidence is 40%. Lower confidence may reflect limited history or high volatility.
CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →