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

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 ONBPP

growth of $100 · dividends reinvested · last 6y
ERIE +55.6% (+7.6%/yr)ONBPP +57.0% (+7.8%/yr)ONBPP compounded faster over this window
100200300Start $100202120222023202420252026$156$157
ERIE ONBPP

ERIE vs ONBPP: by the numbers

  • •ONBPP is the larger company ($10.28B vs $10.28B market cap).
  • •ONBPP trades at the lower trailing earnings multiple (10.99 vs 20.26 P/E), one valuation lens rather than an overall verdict.
  • •ONBPP converts more revenue to profit (21.98% vs 14.00% net margin).
  • •ONBPP grew revenue faster over the past five years (35.45% vs 9.88% CAGR).
  • •ONBPP pays the higher dividend yield (6.99% vs 2.64%).

Metrics side by side

Valuation

MetricERIEONBPP
P/E ratio20.2610.99
Forward P/E17.529.57
PEG ratio1.491.95
P/S ratio2.492.55
P/B ratio4.161.23
EV / EBITDA12.64N/A
FCF yield5.38%N/A

Profitability

MetricERIEONBPP
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

MetricERIEONBPP
Dividend yield2.64%6.99%
Payout ratio53.28%77.09%

Growth (annualized)

MetricERIEONBPP
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%5.25%

Frequently asked

Which has the lower trailing P/E, ERIE or ONBPP?
ONBPP has the lower trailing P/E: ERIE trades at 20.26 and ONBPP at 10.99. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ERIE or ONBPP?
Over the past five years, ONBPP grew revenue faster — ERIE at a 9.88% CAGR versus ONBPP at 35.45%.
Does ERIE or ONBPP pay a bigger dividend?
ERIE yields 2.64% and ONBPP yields 6.99% based on trailing dividends and the latest price.
Is ERIE or ONBPP more profitable?
ONBPP runs the higher net margin — ERIE at 14.00% versus ONBPP at 21.98%.
How have ERIE and ONBPP total returns compared?
Over the past 5 years, ERIE delivered 5.62% and ONBPP delivered 5.25% 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.