How do you interpret MN — business combination equity interest exchange ratio?

A higher ratio implies a higher premium paid for the target relative to the acquirer's share price.

How does MN — business combination equity interest exchange ratio compare across companies?

Standard M&A metric used to compare the relative cost of acquisitions across the financial services industry.

Old National Bancorp ONB MN — Business Combination Equity Interest Exchange Ratio

Discontinued — last reported Q4 '18

Similar metrics at other companies

DDCorporate — Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Loss Including Adjustments

$0—

DDIndustrial Intermediates And Infrastructure — Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Loss Including Adjustments

$0—

CDWReportable Legal Entities — Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain

$24.53M—

PAAPNG Merger — Number Of Common Units Of Parent Issued Per Unit Of Subsidiary Owned

0.4—

SUNNY — Business Combination Consideration Transferred1

$78M—

AHRBusiness Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain

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Other financials

Income statement

See full

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

See full

Net margin27.7%-1.5pp

FCF margin26.6%-4.4pp

Returns & leverage

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Return on equity10.1%+0.8pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Old National Bancorp in its filing.

Tagged under the XBRL concept onb:BusinessCombinationEquityInterestExchangeRatio.

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

Questions, answered.

What does MN — business combination equity interest exchange ratio mean?: The ratio used to swap shares of the target company for shares of the acquiring company.
How do you interpret MN — business combination equity interest exchange ratio?: A higher ratio implies a higher premium paid for the target relative to the acquirer's share price.
How does MN — business combination equity interest exchange ratio compare across companies?: Standard M&A metric used to compare the relative cost of acquisitions across the financial services industry.