For the quarter ended March 2026, Old National Bancorp (ONB) reported revenue of $702.77 million, up 44.4% over the same period last year. EPS came in at $0.61, compared to $0.45 in the year-ago quarter.
The reported revenue represents a surprise of -0.29% over the Zacks Consensus Estimate of $704.83 million. With the consensus EPS estimate being $0.60, the EPS surprise was +1.11%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Old National Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net interest margin (FTE): 3.6% versus 3.7% estimated by two analysts on average. Efficiency Ratio: 48.3% versus the two-analyst average estimate of 48.9%. Net Interest Income (FTE): $580.42 million versus the two-analyst average estimate of $589.33 million. Total noninterest income: $122.35 million versus the two-analyst average estimate of $119.5 million.View all Key Company Metrics for Old National Bancorp here>>>
Shares of Old National Bancorp have returned +9.4% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Old National Bancorp (ONB): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).