Old National Bancorp (ONB) vs SouthState Bank (SSB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Old National Bancorp (ONB) has outperformed SouthState Bank (SSB) over the past year, gaining 9.9% versus a loss of 1.1%. Over five years, ONB leads with a +43.2% price change compared with +27.8% for SSB. SouthState Bank is the larger company by market cap ($9.59 billion vs $9.34 billion), about 1.0 times the size.
On valuation, Old National Bancorp trades at a lower forward P/E (8.5x vs 9.5x for SouthState Bank). SouthState Bank offers the higher dividend yield (2.43% vs 2.33%). SouthState Bank converts more of its revenue into profit, with a net margin of 29.8% 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 | ONB | SSB |
|---|---|---|
| Share price | $24.42 | $98.91 |
| Market cap | $9.34B | $9.59B |
| 1-day change | -1.91% | -2.02% |
| YTD return | +9.46% | +5.10% |
| 1-year return | +9.85% | -1.10% |
| 5-year return | +43.23% | +27.76% |
| P/E ratio (TTM) | 10.81 | 10.39 |
| Forward P/E | 8.45 | 9.52 |
| EPS (TTM) | $2.26 | $9.52 |
| Dividend yield | 2.33% | 2.43% |
| Annual dividend | $0.57 | $2.40 |
| Revenue (latest FY) | $2.52B | $2.68B |
| Revenue growth (YoY) | +33.89% | +56.08% |
| Net income (latest FY) | $669.26M | $798.67M |
| Net margin | 26.51% | 29.79% |
| 52-week high | $27.36 | $112.20 |
| 52-week low | $19.39 | $84.48 |
| Distance from 52-week high | -10.75% | -11.84% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +21.21% | +20.31% |
| Average volume | 4.26M | 752.98K |
| Shares outstanding | 382.57M | 96.97M |
| Employees | 4,914 | 6,431 |
| 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
- ONB has outperformed SSB by 11.0 percentage points over the past year.
- SouthState Bank grew revenue faster in its latest fiscal year (+56.08% vs +33.89%).
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
About SouthState Bank
SSB stock →SouthState Bank Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States. The company offers checking accounts, savings accounts, money market accounts, and time deposit accounts; interest-bearing deposits, certificates of deposits, and other time deposits; and interest-bearing transaction accounts.
Finance · Major Banks · 6,431 employees
ONB vs SSB FAQ
Which is bigger, Old National Bancorp or SouthState Bank?
SouthState Bank (SSB) is larger, with a market capitalization of $9.59B compared with $9.34B for Old National Bancorp (ONB).
Which stock has performed better over the past year, ONB or SSB?
ONB returned +9.85% over the past 12 months, compared with -1.10% for SSB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ONB or SSB?
SSB has the lower trailing P/E at 10.4, versus 10.8 for ONB. 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, Old National Bancorp or SouthState Bank?
SouthState Bank has the higher yield at 2.43%, compared with 2.33% for Old National Bancorp.
Are Old National Bancorp and SouthState Bank in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.