GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Old National Bancorp (FRA:ON1) » Definitions » Gross-Profit-to-Asset %

Old National Bancorp (FRA:ON1) Gross-Profit-to-Asset % : 3.53% (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Old National Bancorp Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Old National Bancorp's annualized Gross Profit for the quarter that ended in Mar. 2024 was €1,597 Mil. Old National Bancorp's average Total Assets over the quarter that ended in Mar. 2024 was €45,294 Mil. Therefore, Old National Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 3.53%.


Old National Bancorp Gross-Profit-to-Asset % Historical Data

The historical data trend for Old National Bancorp's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Old National Bancorp Gross-Profit-to-Asset % Chart

Old National Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.05 3.69 3.54 4.96 3.78

Old National Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.80 3.83 3.77 3.75 3.53

Competitive Comparison of Old National Bancorp's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Old National Bancorp's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Old National Bancorp's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Old National Bancorp's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Old National Bancorp's Gross-Profit-to-Asset % falls into.



Old National Bancorp Gross-Profit-to-Asset % Calculation

Old National Bancorp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1684.066/( (44144.623+45015.38)/ 2 )
=1684.066/44580.0015
=3.78 %

Old National Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1597.048/( (45015.38+45572.125)/ 2 )
=1597.048/45293.7525
=3.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Old National Bancorp Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Old National Bancorp's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Old National Bancorp (FRA:ON1) Business Description

Traded in Other Exchanges
Address
One Main Street, Evansville, IN, USA, 47708
Old National Bancorp with almost $10 billion in assets following its latest acquisition, Old National Bancorp is a financial services bank holding company headquartered in Indiana. Based in Evansville, Ind., Old National owns multiple financial services operations in Indiana, Illinois, and Kentucky. The company provides a group of similar community banking services, including such products and services as commercial, real estate, and consumer loans; deposits; and brokerage, trust, and investment advisory services.

Old National Bancorp (FRA:ON1) Headlines

No Headlines