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

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.

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Total return — ERIE vs ONBPO

growth of $100 · dividends reinvested · last 6y
ERIE +39.9% (+5.8%/yr)ONBPO +52.9% (+7.3%/yr)ONBPO compounded faster over this window
100150200250300Start $100202120222023202420252026$140$153
ERIE ONBPO

ERIE vs ONBPO: by the numbers

  • •ERIE is the larger company ($10.27B vs $10.21B market cap).
  • •ONBPO trades at the lower trailing earnings multiple (10.90 vs 20.24 P/E), one valuation lens rather than an overall verdict.
  • •ONBPO converts more revenue to profit (21.98% vs 14.00% net margin).
  • •ONBPO grew revenue faster over the past five years (35.45% vs 9.88% CAGR).
  • •ONBPO pays the higher dividend yield (7.05% vs 2.64%).

Metrics side by side

Valuation

MetricERIEONBPO
P/E ratio20.2410.90
Forward P/E17.509.49
PEG ratio1.491.93
P/S ratio2.492.53
P/B ratio4.161.22
EV / EBITDA12.63N/A
FCF yield5.39%N/A

Profitability

MetricERIEONBPO
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

MetricERIEONBPO
Dividend yield2.64%7.05%
Payout ratio53.28%77.09%

Growth (annualized)

MetricERIEONBPO
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%5.19%

Frequently asked

Which has the lower trailing P/E, ERIE or ONBPO?
ONBPO has the lower trailing P/E: ERIE trades at 20.24 and ONBPO at 10.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ERIE or ONBPO?
Over the past five years, ONBPO grew revenue faster — ERIE at a 9.88% CAGR versus ONBPO at 35.45%.
Does ERIE or ONBPO pay a bigger dividend?
ERIE yields 2.64% and ONBPO yields 7.05% based on trailing dividends and the latest price.
Is ERIE or ONBPO more profitable?
ONBPO runs the higher net margin — ERIE at 14.00% versus ONBPO at 21.98%.
How have ERIE and ONBPO total returns compared?
Over the past 5 years, ERIE delivered 5.62% and ONBPO delivered 5.19% 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.