Old National Bancorp (ONB) — closed signal from September 23, 2025
Partial Published before the outcome was known, scored automatically when the window closed on December 22, 2025 — +4.5% at the close.
Predicted vs. what happened
What happened
Reached 37% of the predicted growth at its peak, without hitting the target.
The thesis — published September 23, 2025
ONB looks like a bank stock that fell too far but may be turning. The recent average price is edging up, and more buyers seem active. News highlights interest income up 25.5% over five years, a brief slip below a long-term average that likely shook out sellers, and the sale of Bremer Insurance to focus. If rates ease and loan quality holds, a careful three-month rebound seems doable, though the rate curve still matters.
Primary drivers
- Stock looks beaten down now, but the recent average price is turning up
- Interest income and core finances look solid and are still improving
- Selling non-core unit to focus on core banking and simplify business
- Falling interest rates should lower funding costs for regional banks
How it played out
ONB: target was not reached by Dec. 22
Lyra published ONB at $22.27 on Sept. 23, 2025, with 16% expected growth and a short-term target of $25.67. The thesis pointed to a beaten-down bank stock with its recent average price turning up, improving interest income and core finances, the sale of a non-core unit, and lower rates helping regional bank funding costs.
Inside the window, ONB rose, but not enough. The peak was $23.59 on Dec. 22, 2025, for a 5.9% gain. It stayed below the $25.67 target. The window ended at $23.28. The thesis partially played out, but the target missed.
Prices are shown split- and dividend-adjusted, matching what public charts show today.
Read the next call before it closes.
This is one signal, scored after the fact. Today’s picks come with the same plain-language thesis — published before anyone knows the outcome.