RBC Capital cuts target for Old National Bancorp stock to USD 28.00

Published on 10/15/2026 at 21:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results arrive October 21, 2026 at 7:00 a.m. ET. Old National Bancorp stock costs EUR 22.30 on October 15, 2026 at 9:00 p.m. CEST before the release.

Target and reporting date

RBC Capital set a USD 28.00 target on October 9, 2026.
Old National scheduled third-quarter results for October 21, 2026.
Old National Bancorp stock traded at EUR 22.30 at 9:00 p.m. CEST on October 15, 2026.
Market capitalization stood at USD 9.6 billion on October 15, 2026.

ONB, US6800331075, Illustration mit AI erstellt.

RBC Capital lowered its Old National Bancorp price target from USD 29.00 to USD 28.00 on October 9, 2026, while keeping a Sector Perform rating, according to Markets Insider. Old National Bancorp stock was trading at EUR 22.30 at Lang & Schwarz on October 15, 2026 at 9:00 p.m. CEST.

RBC target leaves upside

Using the Nasdaq quote of USD 25.05 at 3:04 p.m. ET on October 15, 2026, the RBC target sits 11.78 percent above the US price. The comparison keeps the analyst view separate from the euro quotation used for German investors.

The latest operating benchmark is Old National's second quarter of 2026. MarketBeat reported revenue of USD 726.86 million, up 13.20 percent from the year-earlier quarter, and earnings per share of USD 0.65 against consensus of USD 0.63. The figures give the upcoming report a concrete comparison point.

Price sits below yearly high

At Lang & Schwarz, the bid was EUR 22.20 and the ask EUR 22.40 at 9:00 p.m. CEST on October 15, 2026. The US quote stood at USD 25.05, with a session change of plus 2.18 percent at 3:04 p.m. ET. The 52-week Nasdaq range was USD 19.39 to USD 27.36, putting the US price USD 2.31 below the high and USD 5.66 above the low.

Results due October 21

Old National has scheduled its third-quarter earnings release for October 21, 2026 at approximately 7:00 a.m. ET, followed by a conference call at 10:00 a.m. ET, according to GlobeNewswire. The company reported USD 74.2 billion of assets and USD 56.1 billion of deposits at June 30, 2026.

Comparison with peers

Old National Bancorp (Nasdaq, USD): plus 1.83 percent, P/E 11.03, market capitalization USD 9.6 billion.
KeyCorp (NYSE, USD): plus 0.83 percent, P/E 11.60, market capitalization USD 21.5 billion.
First Financial Bankshares (Nasdaq, USD): plus 1.49 percent, P/E 16.77, market capitalization USD 4.5 billion.

Market position and next date

Old National's market capitalization was USD 9.6 billion on October 15, 2026, and its trailing P/E ratio was 11.03. Its reported dividend yield was 2.00 percent. The October 21 earnings release is the next scheduled company date.

At Lang & Schwarz, Old National Bancorp stock was trading at EUR 22.30 on October 15, 2026 at 9:00 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Old National Bancorp stock.