Old National Bancorp (ONB) Competitors

$17.59
+0.11 (+0.63%)
(As of 05/17/2024 ET)

ONB vs. SNV, FNB, BOKF, PNFP, ZION, CFR, UMBF, WBS, FULT, and BANF

Should you be buying Old National Bancorp stock or one of its competitors? The main competitors of Old National Bancorp include Synovus Financial (SNV), F.N.B. (FNB), BOK Financial (BOKF), Pinnacle Financial Partners (PNFP), Zions Bancorporation, National Association (ZION), Cullen/Frost Bankers (CFR), UMB Financial (UMBF), Webster Financial (WBS), Fulton Financial (FULT), and BancFirst (BANF). These companies are all part of the "regional banks" industry.

Old National Bancorp vs.

Old National Bancorp (NASDAQ:ONB) and Synovus Financial (NYSE:SNV) are both mid-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, valuation, community ranking, institutional ownership, media sentiment and risk.

In the previous week, Old National Bancorp had 6 more articles in the media than Synovus Financial. MarketBeat recorded 12 mentions for Old National Bancorp and 6 mentions for Synovus Financial. Synovus Financial's average media sentiment score of 1.08 beat Old National Bancorp's score of 0.48 indicating that Synovus Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Old National Bancorp
4 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Synovus Financial
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Old National Bancorp presently has a consensus target price of $18.86, suggesting a potential upside of 7.20%. Synovus Financial has a consensus target price of $41.50, suggesting a potential upside of 3.47%. Given Old National Bancorp's stronger consensus rating and higher possible upside, equities analysts plainly believe Old National Bancorp is more favorable than Synovus Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Old National Bancorp
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86
Synovus Financial
0 Sell rating(s)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.56

Old National Bancorp has a net margin of 20.99% compared to Synovus Financial's net margin of 13.29%. Synovus Financial's return on equity of 12.93% beat Old National Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Old National Bancorp20.99% 11.31% 1.20%
Synovus Financial 13.29%12.93%0.94%

83.7% of Old National Bancorp shares are held by institutional investors. Comparatively, 83.9% of Synovus Financial shares are held by institutional investors. 1.1% of Old National Bancorp shares are held by company insiders. Comparatively, 0.8% of Synovus Financial shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Synovus Financial received 63 more outperform votes than Old National Bancorp when rated by MarketBeat users. Likewise, 56.86% of users gave Synovus Financial an outperform vote while only 55.19% of users gave Old National Bancorp an outperform vote.

CompanyUnderperformOutperform
Old National BancorpOutperform Votes
372
55.19%
Underperform Votes
302
44.81%
Synovus FinancialOutperform Votes
435
56.86%
Underperform Votes
330
43.14%

Old National Bancorp has higher earnings, but lower revenue than Synovus Financial. Old National Bancorp is trading at a lower price-to-earnings ratio than Synovus Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Old National Bancorp$2.54B2.21$581.99M$1.859.51
Synovus Financial$3.45B1.70$543.71M$2.9213.74

Old National Bancorp has a beta of 0.83, indicating that its share price is 17% less volatile than the S&P 500. Comparatively, Synovus Financial has a beta of 1.41, indicating that its share price is 41% more volatile than the S&P 500.

Old National Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 3.2%. Synovus Financial pays an annual dividend of $1.52 per share and has a dividend yield of 3.8%. Old National Bancorp pays out 30.3% of its earnings in the form of a dividend. Synovus Financial pays out 52.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Summary

Synovus Financial beats Old National Bancorp on 11 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ONB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ONB vs. The Competition

MetricOld National BancorpNational commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$5.61B$18.95B$10.07B$7.99B
Dividend Yield3.18%3.83%5.84%3.91%
P/E Ratio9.519.8537.0415.05
Price / Sales2.211.90207.8481.39
Price / Cash7.599.1016.6831.98
Price / Book1.051.083.324.64
Net Income$581.99M$2.30B$1.01B$217.28M
7 Day Performance0.80%1.54%1.72%2.90%
1 Month Performance8.65%4.93%4.59%6.66%
1 Year Performance38.94%20.47%19.56%9.89%

Old National Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SNV
Synovus Financial
4.5164 of 5 stars
$39.95
+1.1%
$41.50
+3.9%
+43.0%$5.85B$3.45B13.684,879Positive News
FNB
F.N.B.
4.052 of 5 stars
$14.18
+1.0%
$15.00
+5.8%
+25.6%$5.10B$1.56B11.444,228Positive News
BOKF
BOK Financial
4.6208 of 5 stars
$95.00
+1.4%
$97.10
+2.2%
+18.4%$6.13B$3.13B13.854,877Ex-Dividend
Analyst Downgrade
PNFP
Pinnacle Financial Partners
4.9803 of 5 stars
$84.23
+1.0%
$95.50
+13.4%
+64.8%$6.50B$1.40B12.053,357Positive News
ZION
Zions Bancorporation, National Association
4.5896 of 5 stars
$44.55
+1.4%
$43.16
-3.1%
+65.1%$6.58B$4.62B11.199,679Analyst Upgrade
Analyst Revision
CFR
Cullen/Frost Bankers
4.7903 of 5 stars
$107.83
+0.3%
$117.46
+8.9%
+2.5%$6.93B$2.65B12.755,495Analyst Revision
Positive News
UMBF
UMB Financial
4.5279 of 5 stars
$83.93
+0.2%
$92.00
+9.6%
+43.8%$4.09B$2.38B11.153,599Insider Selling
WBS
Webster Financial
4.9975 of 5 stars
$46.21
+1.6%
$56.23
+21.7%
+28.3%$7.94B$2.65B9.474,261Positive News
FULT
Fulton Financial
3.6787 of 5 stars
$17.44
+0.6%
$18.00
+3.2%
+51.1%$3.17B$1.50B10.833,400
BANF
BancFirst
2.1618 of 5 stars
$90.69
+0.0%
$85.50
-5.7%
+11.7%$2.99B$809.34M14.822,109Positive News

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This page (NASDAQ:ONB) was last updated on 5/19/2024 by MarketBeat.com Staff

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