Is Old National Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of Series A Preferred Stock (ONBPP) overvalued? · P/E 28
Old National Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of Series A Preferred Stock (ONBPP) is a banks - regional company listed on US.
This page asks whether Old National Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of Series A Preferred Stock (ONBPP) looks expensive on cached numbers — not a short thesis.
No cached income statement for ONBPP, so there is no earnings base to call rich or cheap.
ONBPP currently screens at market cap $0 and trailing P/E 28.1. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next ONBPP 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the ONBPP stock page for the full model, not this heading.
Not investment advice.