First Horizon (FHN) vs Old National Bancorp (ONB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Old National Bancorp (ONB) has outperformed First Horizon (FHN) over the past year, gaining 9.9% versus a gain of 0.0%. Over five years, ONB leads with a +43.2% price change compared with +36.8% for FHN. First Horizon is the larger company by market cap ($11.04 billion vs $9.46 billion), about 1.2 times the size, while Old National Bancorp is growing revenue faster (+33.9% vs +7.2%).
On valuation, Old National Bancorp trades at a lower forward P/E (8.6x vs 10.1x for First Horizon). First Horizon offers the higher dividend yield (2.75% vs 2.30%). First Horizon converts more of its revenue into profit, with a net margin of 28.7% versus 26.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FHN | ONB |
|---|---|---|
| Share price | $23.31 | $24.73 |
| Market cap | $11.04B | $9.46B |
| 1-day change | +1.39% | +1.27% |
| YTD return | -3.81% | +9.46% |
| 1-year return | +0.04% | +9.85% |
| 5-year return | +36.85% | +43.23% |
| P/E ratio (TTM) | 11.21 | 10.94 |
| Forward P/E | 10.05 | 8.57 |
| EPS (TTM) | $2.08 | $2.26 |
| Dividend yield | 2.75% | 2.30% |
| Annual dividend | $0.64 | $0.57 |
| Revenue (latest FY) | $3.42B | $2.52B |
| Revenue growth (YoY) | +7.18% | +33.89% |
| Net income (latest FY) | $982.00M | $669.26M |
| Net margin | 28.72% | 26.51% |
| 52-week high | $26.56 | $27.36 |
| 52-week low | $19.80 | $19.39 |
| Distance from 52-week high | -12.24% | -9.61% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +17.76% | +19.69% |
| Average volume | 5.33M | 4.28M |
| Shares outstanding | 473.78M | 382.57M |
| Employees | 7,400 | 4,914 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Old National Bancorp grew revenue faster in its latest fiscal year (+33.89% vs +7.18%).
About First Horizon
FHN stock →First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. It operates through Regional Banking, Specialty Banking, and Corporate segments.
Finance · Major Banks · 7,400 employees
About Old National Bancorp
ONB stock →Old National Bancorp operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States. It accepts deposit accounts, such as noninterest-bearing demand, interest-bearing checking and negotiable order of withdrawal, savings and money market, and time deposits.
Finance · Major Banks · 4,914 employees
FHN vs ONB FAQ
Which is bigger, First Horizon or Old National Bancorp?
First Horizon (FHN) is larger, with a market capitalization of $11.04B compared with $9.46B for Old National Bancorp (ONB).
Which stock has performed better over the past year, FHN or ONB?
ONB returned +9.85% over the past 12 months, compared with +0.04% for FHN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FHN or ONB?
ONB has the lower trailing P/E at 10.9, versus 11.2 for FHN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, First Horizon or Old National Bancorp?
First Horizon has the higher yield at 2.75%, compared with 2.30% for Old National Bancorp.
Are First Horizon and Old National Bancorp in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.