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Old National Bancorp (FRA:ON1) Pretax Margin % : 35.20% (As of Mar. 2024)


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What is Old National Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Old National Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was €141 Mil. Old National Bancorp's Revenue for the three months ended in Mar. 2024 was €399 Mil. Therefore, Old National Bancorp's pretax margin for the quarter that ended in Mar. 2024 was 35.20%.

The historical rank and industry rank for Old National Bancorp's Pretax Margin % or its related term are showing as below:

FRA:ON1' s Pretax Margin % Range Over the Past 10 Years
Min: 24.97   Med: 31.06   Max: 41.8
Current: 39.38


FRA:ON1's Pretax Margin % is ranked better than
64.89% of 1461 companies
in the Banks industry
Industry Median: 32.76 vs FRA:ON1: 39.38

Old National Bancorp Pretax Margin % Historical Data

The historical data trend for Old National Bancorp's Pretax Margin % 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 Pretax Margin % Chart

Old National Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.13 30.59 41.80 31.53 40.91

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
Pretax Margin % 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 41.58 43.65 42.14 36.31 35.20

Competitive Comparison of Old National Bancorp's Pretax Margin %

For the Banks - Regional subindustry, Old National Bancorp's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Old National Bancorp's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Old National Bancorp's Pretax Margin % falls into.



Old National Bancorp Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Old National Bancorp's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=688.944/1684.066
=40.91 %

Old National Bancorp's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=140.55/399.262
=35.20 %

* 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.


Old National Bancorp  (FRA:ON1) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Old National Bancorp Pretax Margin % Related Terms

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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

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