Old National Bancorp
Old National Bancorp (NASDAQ: ONB) is trading at $25.49, about ₹2,448 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 1.59% today. Indian residents can buy Old National Bancorp from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$25.19
Today's high
$25.57
52 week low
$19.39
52 week high
$27.36
ONB opened at $25.25, closed previously at $25.09, and has traded between $19.39 and $27.36 over the past 52 weeks.
About
Old National Bancorp functions as the parent company for Old National Bank, furnishing a wide array of financial services to both individual and commercial clients throughout the United States. Its product portfolio encompasses various deposit accounts, including non-interest-bearing demand, interest-bearing checking, negotiable order of withdrawal (NOW) accounts, savings, money market, and time deposits. The institution also extends numerous lending solutions, such as home equity lines of credit (HELOCs), residential real estate mortgages, personal loans, commercial financing, commercial property loans, letters of credit, and lease financing. Furthermore, Old National Bancorp provides digital and mobile banking amenities, debit and ATM cards, telephone access, cash management, private banking, brokerage, trust administration, and investment advisory services. Specialized offerings include wealth management, investment solutions, foreign currency exchange, treasury management, merchant services, health savings accounts, and capital markets services, in addition to community development lending and equity investment programs. As of December 31, 2021, the company operated 162 banking centers, predominantly situated across Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. Old National Bancorp, which was established in 1834, has its primary office located in Evansville, Indiana.
Key statistics
Avg. volume
3.98M
Market cap
$9.75B
P/E Ratio
11.18
Price-to-sales ratio
2.42
Enterprise value
$16.41B
Free cash flow yield
10.04%
Debt-to-equity ratio
0.98
Return on equity
10.46%
ROIC
5.06%
Beta
0.83
Dividend yield
2.26%
Last dividend
$0.58
Financial overview
Revenue
$3.71B
Earnings per share
$1.80
Free cash flow
$637.41M
Net profit margin
21.98%
Gross margin
66.80%
EBITDA
$977.98M
Revenue growth
25.48%
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This is not an investment recommendation
How to buy Old National Bancorp from India
Indian residents can buy Old National Bancorp shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Old National Bancorp and place an order
Find Old National Bancorp by name or by its ticker, ONB, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Old National Bancorp trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Old National Bancorp position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Old National Bancorp from India
Trading and taxes when buying Old National Bancorp from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Old National Bancorp’s current yield is 2.26%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Old National Bancorp stock?
Yes. Old National Bancorp (ONB) has been listed on NASDAQ since 1984, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Old National Bancorp share cost in rupees?
One Old National Bancorp share is $25.49 — about ₹2,448 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Old National Bancorp price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Old National Bancorp from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Old National Bancorp?
Yes. One Old National Bancorp share is $25.49, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Old National Bancorp.
How are gains on Old National Bancorp shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Old National Bancorp price. Paasa issues a capital-gains statement for your return.
Does Old National Bancorp pay a dividend, and how is it taxed in India?
Yes. Old National Bancorp pays a dividend and the current yield is 2.26%; the last declared dividend was $0.58 per share, about ₹55.21. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Old National Bancorp from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Old National Bancorp shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Old National Bancorp shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Old National Bancorp holding, its cost and its closing value.
How do I sell Old National Bancorp and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.