Old National Bancorp (ONB) — closed signal from May 18, 2026
Target reached Published before the outcome was known, scored automatically when the window closed on August 16, 2026 — +15.8% at the close.
Predicted vs. what happened
What happened
Reached its target in 59 days.
The thesis — published May 18, 2026
Old National looks like a cleaner choice among regional banks because its stock price is not expensive, its earnings are more steady, and the company recently announced a dividend that gives some clarity on returns. If the regional-bank group calms down, ONB could benefit, but risks around loan quality, deposit costs and low trading volume keep confidence deliberately limited.
Primary drivers
- Stock price looks relatively fair after recent weakness
- Dividend announcement gives clearer returns to shareholders
- Steady earnings make results more predictable
- High short interest could increase upside if sentiment improves
How it played out
ONB: target reached in 59 days
Lyra published ONB at $23.46 with 14% expected growth and a $26.58 target. The thesis pointed to a relatively fair valuation after weakness, steady earnings, a recent dividend announcement, and high short interest. It also cited loan quality, deposit costs, and low trading volume as risks.
ONB reached the target in 59 days. It peaked at $27.36 on August 4, a 16.6% gain, then ended the window at $27.17 on August 16. The thesis played out.
What happened during the window
On July 22, 2026, Old National reported second-quarter net income applicable to common shares of $249.4 million and diluted earnings of $0.65 per share. On August 12, 2026, its board declared a quarterly common-stock dividend of $0.145 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.