Old National Bancorp (ONB) Return on Invested Capital [ROIC] (2010 - 2026)
Old National Bancorp's Return on Invested Capital [ROIC] came in at 12.79% for Q2 2026, up 1.14 percentage points from 11.65% a year earlier and up 0.70 percentage points from the prior quarter.
Old National Bancorp (ONB) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Old National Bancorp's Return on Invested Capital [ROIC] was 12.80%, down 0.65 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +6.86 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 13.45% in FY2024 (+1.46 pp), 11.99% in FY2023 (+4.37 pp), 7.62% in FY2022 (+1.29 pp) and 6.33% in FY2021 (+0.40 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- Year-over-year, Return on Invested Capital [ROIC] increased in four of the last eight quarters, with an average year-over-year change of +0.06 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q3 2023 (a gain of 6.63 percentage points), and the weakest in Q2 2022 (a drop of 3.98 percentage points).
- Business Quant data shows ONB's Return on Invested Capital [ROIC] at 12.09% (Q1 2026), 11.38% (Q4 2025) and 11.02% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 15.80% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 13.07% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | - |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 12.02% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 49.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 14.05% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 3.63% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 14.79% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Old National Bancorp | 9.69 Bn | 2.14 Bn | - | 11.71% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.71% |
| Mar 31, 2026 | 11.25% |
| Dec 31, 2025 | 10.75% |
| Sep 30, 2025 | 10.39% |
| Jun 30, 2025 | 10.98% |
| Mar 31, 2025 | 12.23% |
| Dec 31, 2024 | 12.11% |
| Sep 30, 2024 | 11.43% |
| Jun 30, 2024 | 11.27% |
| Mar 31, 2024 | 11.31% |
| Dec 31, 2023 | 10.67% |
| Sep 30, 2023 | 10.00% |
| Jun 30, 2023 | 8.51% |
| Mar 31, 2023 | 7.54% |
| Dec 31, 2022 | 5.81% |
| Sep 30, 2022 | 3.90% |
| Jun 30, 2022 | 2.84% |
| Mar 31, 2022 | 2.79% |
| Dec 31, 2021 | 6.01% |
| Sep 30, 2021 | 6.43% |
Old National Bancorp Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ONB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ONB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ONB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();