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Citi Highlights Normalized Yield Curve Supporting Old National Bancorp (ONB) Profitability

Old National Bancorp (NASDAQ:ONB) is among the 10 Fastest Growing Mid Cap Stocks to Buy Now.

Old National Bancorp (NASDAQ:ONB) is among the fastest growing stocks.

TheFly reported on February 24 that Citi raised its price target on ONB to $29 from $28 while reiterating a Buy rating on the stock. The firm cited a more normalized yield curve situation as the foundation for a good profitability backdrop for regional banks.

Furthermore, on February 19, Old National Bancorp (NASDAQ:ONB) declared that its Board of Directors had authorized a 3.6% increase in the quarterly dividend of its common stock, bringing it to $0.145 per share. Shareholders of record as of March 5, 2026, will receive the dividend on March 16, 2026. The company’s share repurchase program was also approved by the board, which doubled its capacity to $400 million. The $200 million program that was set to expire at the end of February 2026 has been replaced by this new authorization.

Depending on market conditions and management’s judgment, the business may repurchase shares under the revised plan through private negotiations, open market purchases, or expedited buyback agreements. The permission will be valid until February 28, 2027. The company’s ongoing commitment to returning money to shareholders while retaining flexibility in how and when shares are repurchased is reflected in the combined dividend increase and increased repurchase program.

Old National Bancorp (NASDAQ:ONB) is a regional bank holding company providing retail and commercial banking, wealth management, and lending services. Operating primarily in the Midwest, it focuses on relationship-driven banking, community engagement, and diversified financial solutions for individuals and businesses.

While we acknowledge the potential of ONB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ONB and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 14 Best GARP Stocks to Buy According to Analysts and 14 Best Affordable Dividend Stocks to Buy According to Analysts.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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