Erie Indemnity Company (ERIE) vs Old National Bancorp (ONB)

A side-by-side comparison of Erie Indemnity Company and Old National Bancorp across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — ERIE vs ONB

growth of $100 · dividends reinvested · last 10y
ERIE +175.1% (+10.7%/yr)ONB +143.6% (+9.3%/yr)ERIE compounded faster over this window
200400600Start $10020182020202220242026$275$244
ERIE ONB

ERIE vs ONB: by the numbers

  • •ERIE is the larger company ($10.25B vs $9.51B market cap).
  • •ONB trades at the lower trailing earnings multiple (10.95 vs 20.22 P/E), one valuation lens rather than an overall verdict.
  • •ONB converts more revenue to profit (21.98% vs 14.00% net margin).
  • •ONB grew revenue faster over the past five years (35.45% vs 9.88% CAGR).
  • •ERIE pays the higher dividend yield (2.64% vs 2.30%).

Metrics side by side

Valuation

MetricERIEONB
P/E ratio20.2210.95
Forward P/E17.489.54
PEG ratio1.481.94
P/S ratio2.492.36
P/B ratio4.161.14
EV / EBITDA12.61N/A
FCF yield5.39%N/A

Profitability

MetricERIEONB
Gross margin16.53%N/A
Operating margin17.91%28.68%
Net margin14.00%21.98%
ROE23.39%10.32%
ROIC21.90%N/A

Old National Bancorp: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

MetricERIEONB
Dividend yield2.64%2.30%
Payout ratio53.28%25.33%

Growth (annualized)

MetricERIEONB
Revenue CAGR (5Y)9.88%35.45%
EPS CAGR (5Y)13.78%5.61%
FCF CAGR (5Y)13.26%N/A
Total return CAGR (5Y)5.62%10.90%

Frequently asked

Which has the lower trailing P/E, ERIE or ONB?
ONB has the lower trailing P/E: ERIE trades at 20.22 and ONB at 10.95. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ERIE or ONB?
Over the past five years, ONB grew revenue faster — ERIE at a 9.88% CAGR versus ONB at 35.45%.
Does ERIE or ONB pay a bigger dividend?
ERIE yields 2.64% and ONB yields 2.30% based on trailing dividends and the latest price.
Is ERIE or ONB more profitable?
ONB runs the higher net margin — ERIE at 14.00% versus ONB at 21.98%.
How have ERIE and ONB total returns compared?
Over the past 10 years, ERIE delivered 10.69% and ONB delivered 9.13% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.