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Old National Bancorp ONB Kentucky — Number of banking centers to be closed

Discontinued — last reported Q1 '20

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Other financials

Income statement

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Revenue$694.9M+44.3%
Net income$233.7M+61.5%
EPS (diluted)$0.59+34.1%

Balance sheet

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Cash & equivalents$1.8B+41.5%
Total debt$243.3M+11.6%
Total equity$8.5B+30.2%
Total assets$73.0B+35.5%

Cash flow

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Operating cash flow$206.1M+90.5%
CapEx$12.9M+122%
Free cash flow$193.3M+88.7%

Valuation

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Market cap$9.58B+27.4%
Enterprise value$8.07B+23.8%
P/E12.6×-0.7×
P/S3.5×-0.4×

Profitability

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Net margin27.7%-1.5pp
FCF margin26.6%-4.4pp

Returns & leverage

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Return on equity10.1%+0.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Old National Bancorp in its filing.

Tagged under the XBRL concept onb:NumberOfLocationsToBeClosed.

The official record: Old National Bancorp’s 10-K, filed February 12, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does kentucky — number of banking centers to be closed mean?
The total number of physical bank branches in Kentucky that the company plans to shut down.
How do you interpret kentucky — number of banking centers to be closed?
An increase suggests an aggressive cost-cutting strategy or a shift toward digital-first service models, while a decrease indicates a stabilization of the physical branch network.
How does kentucky — number of banking centers to be closed compare across companies?
Peer regional banks often report branch closure counts as part of their broader branch optimization or restructuring programs to improve efficiency ratios.