Skip to content

Old National Bancorp ONB WI — Number Of Locations To Be Closed

Discontinued — last reported Q1 '20

Similar metrics at other companies

Columbia Banking Systems logo
COLBWASHINGTON — Number Of Branch Locations
67-1.5%
Zions Bancorporation logo
ZIONWashington — Number of branches
20.0%
Zions Bancorporation logo
ZIONWyoming — Number of branches
10.0%
Welltower logo
WELLWisconsin — No. of Properties
1.8
East-West Bancorp logo
EWBCCA — Number Of Branches Sold
8
Popular logo
BPOPPopular Bank — Number Of Branches Closed

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

See full
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

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

Valuation

See full
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

See full
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 WI — number of locations to be closed mean?
The total number of physical bank branches in the Wisconsin region that the company plans to shut down.
How do you interpret WI — number of locations to be closed?
An increase suggests an aggressive move toward digital banking and cost reduction, while a decrease may indicate a stabilization of the physical network or a pause in consolidation efforts.
How does WI — number of locations to be closed compare across companies?
Peer regional banks often report this as part of branch optimization or network rationalization disclosures, typically measured against total branch count to show the percentage of the network being streamlined.