Old National Bancorp (ONB) — closed signal from March 31, 2026
Target reached Published before the outcome was known, scored automatically when the window closed on June 29, 2026 — +19.6% at the close.
Predicted vs. what happened
What happened
Reached its target in 36 days.
The thesis — published March 31, 2026
Old National is being watched for the next few months because recent news strengthened its local-banking reputation: a top community-service rating and work on a token-based deposit network. For a smaller bank in a nervous market, the stock looks steadier than speculative. If pressure on regional banks eases, steady results and fair valuation could help a gradual recovery.
Primary drivers
- Top community-service rating supports the bank's local reputation and trust
- Work on token-based deposits adds a modern payments capability
- Consistent day-to-day banking results back the investment idea
- Price action looks orderly rather than driven by wild speculation
How it played out
ONB: target reached in 36 days
Lyra published ONB at $21.57 with 13% expected growth over the short-term window. The thesis pointed to a top community-service rating, work on token-based deposits, consistent banking results, and orderly price action. It expected a gradual recovery if pressure on regional banks eased.
The shares reached the $24.07 target in 36 days. They later peaked at $26.11 on June 25, a 21.1% gain, and ended the window at $25.80. The price cleared the target and stayed above it at the close. The thesis played out.
What happened during the window
On April 22, 2026, Old National reported first-quarter net income applicable to common shares of $229.6 million and diluted earnings of $0.59 per share.
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.