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Side-by-side financial comparison of OLD NATIONAL BANCORP (ONB) and Privia Health Group, Inc. (PRVA). Click either name above to swap in a different company.

OLD NATIONAL BANCORP is the larger business by last-quarter revenue ($702.8M vs $603.8M, roughly 1.2× Privia Health Group, Inc.). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs 0.6%, a 32.6% gap on every dollar of revenue. On growth, OLD NATIONAL BANCORP posted the faster year-over-year revenue change (44.4% vs 25.8%). Over the past eight quarters, OLD NATIONAL BANCORP's revenue compounded faster (34.5% CAGR vs 19.6%).

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

Privia Health Group, Inc. is a U.S.-headquartered healthcare technology and services firm supporting independent practices, health systems, and payers delivering value-based care. It offers population health tools, patient engagement platforms, care coordination support, and workflow solutions to boost patient outcomes and cut operational costs for U.S. healthcare stakeholders.

ONB vs PRVA — Head-to-Head

Bigger by revenue
ONB
ONB
1.2× larger
ONB
$702.8M
$603.8M
PRVA
Growing faster (revenue YoY)
ONB
ONB
+18.6% gap
ONB
44.4%
25.8%
PRVA
Higher net margin
ONB
ONB
32.6% more per $
ONB
33.3%
0.6%
PRVA
Faster 2-yr revenue CAGR
ONB
ONB
Annualised
ONB
34.5%
19.6%
PRVA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ONB
ONB
PRVA
PRVA
Revenue
$702.8M
$603.8M
Net Profit
$233.7M
$3.7M
Gross Margin
20.8%
Operating Margin
1.2%
Net Margin
33.3%
0.6%
Revenue YoY
44.4%
25.8%
Net Profit YoY
61.5%
-27.4%
EPS (diluted)
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ONB
ONB
PRVA
PRVA
Q1 26
$702.8M
$603.8M
Q4 25
$580.8M
$541.2M
Q3 25
$574.6M
$580.4M
Q2 25
$514.8M
$521.2M
Q1 25
$387.6M
$480.1M
Q4 24
$394.2M
$460.9M
Q3 24
$391.7M
$437.9M
Q2 24
$388.4M
$422.3M
Net Profit
ONB
ONB
PRVA
PRVA
Q1 26
$233.7M
$3.7M
Q4 25
$216.6M
$9.2M
Q3 25
$182.6M
$6.9M
Q2 25
$125.4M
$2.7M
Q1 25
$144.7M
$4.2M
Q4 24
$153.9M
$4.4M
Q3 24
$143.8M
$3.5M
Q2 24
$121.2M
$3.5M
Gross Margin
ONB
ONB
PRVA
PRVA
Q1 26
20.8%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
ONB
ONB
PRVA
PRVA
Q1 26
1.2%
Q4 25
46.7%
2.1%
Q3 25
40.5%
2.5%
Q2 25
30.2%
0.6%
Q1 25
46.8%
1.1%
Q4 24
47.2%
1.1%
Q3 24
47.2%
1.3%
Q2 24
40.3%
1.2%
Net Margin
ONB
ONB
PRVA
PRVA
Q1 26
33.3%
0.6%
Q4 25
37.3%
1.7%
Q3 25
31.8%
1.2%
Q2 25
24.4%
0.5%
Q1 25
37.3%
0.9%
Q4 24
39.0%
1.0%
Q3 24
36.7%
0.8%
Q2 24
31.2%
0.8%
EPS (diluted)
ONB
ONB
PRVA
PRVA
Q1 26
$0.02
Q4 25
$0.55
$0.08
Q3 25
$0.46
$0.05
Q2 25
$0.34
$0.02
Q1 25
$0.44
$0.03
Q4 24
$0.47
$0.03
Q3 24
$0.44
$0.03
Q2 24
$0.37
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ONB
ONB
PRVA
PRVA
Cash + ST InvestmentsLiquidity on hand
$419.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$8.5B
$805.9M
Total Assets
$73.0B
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ONB
ONB
PRVA
PRVA
Q1 26
$419.5M
Q4 25
$1.8B
$479.7M
Q3 25
$1.7B
$441.4M
Q2 25
$1.8B
$390.1M
Q1 25
$1.2B
$469.3M
Q4 24
$1.2B
$491.1M
Q3 24
$1.2B
$422.0M
Q2 24
$1.2B
$387.4M
Stockholders' Equity
ONB
ONB
PRVA
PRVA
Q1 26
$8.5B
$805.9M
Q4 25
$8.5B
$737.2M
Q3 25
$8.3B
$709.1M
Q2 25
$8.1B
$682.9M
Q1 25
$6.5B
$659.4M
Q4 24
$6.3B
$635.2M
Q3 24
$6.4B
$614.9M
Q2 24
$6.1B
$595.4M
Total Assets
ONB
ONB
PRVA
PRVA
Q1 26
$73.0B
$1.4B
Q4 25
$72.2B
$1.4B
Q3 25
$71.2B
$1.4B
Q2 25
$71.0B
$1.3B
Q1 25
$53.9B
$1.2B
Q4 24
$53.6B
$1.1B
Q3 24
$53.6B
$1.1B
Q2 24
$53.1B
$1.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ONB
ONB
PRVA
PRVA
Operating Cash FlowLast quarter
$-49.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-13.33×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ONB
ONB
PRVA
PRVA
Q1 26
$-49.5M
Q4 25
$159.2M
$127.5M
Q3 25
$341.2M
$52.0M
Q2 25
$72.9M
$8.0M
Q1 25
$108.2M
$-24.1M
Q4 24
$235.8M
$74.8M
Q3 24
$121.3M
$33.2M
Q2 24
$161.0M
$34.5M
Free Cash Flow
ONB
ONB
PRVA
PRVA
Q1 26
Q4 25
$137.3M
Q3 25
$333.6M
Q2 25
$64.1M
Q1 25
$102.4M
Q4 24
$229.0M
Q3 24
$115.7M
Q2 24
$151.6M
FCF Margin
ONB
ONB
PRVA
PRVA
Q1 26
Q4 25
23.6%
Q3 25
58.1%
Q2 25
12.4%
Q1 25
26.4%
Q4 24
58.1%
Q3 24
29.5%
Q2 24
39.0%
Capex Intensity
ONB
ONB
PRVA
PRVA
Q1 26
Q4 25
3.8%
Q3 25
1.3%
Q2 25
1.7%
Q1 25
1.5%
Q4 24
1.7%
Q3 24
1.4%
Q2 24
2.4%
Cash Conversion
ONB
ONB
PRVA
PRVA
Q1 26
-13.33×
Q4 25
0.73×
13.93×
Q3 25
1.87×
7.58×
Q2 25
0.58×
2.97×
Q1 25
0.75×
-5.70×
Q4 24
1.53×
17.00×
Q3 24
0.84×
9.38×
Q2 24
1.33×
9.94×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ONB
ONB

Segment breakdown not available.

PRVA
PRVA

FFS-patient care$391.1M65%
Capitated revenue$86.1M14%
Other$75.0M12%
FFS-administrative services$31.4M5%
Care management fees (PMPM)$17.9M3%
Other revenue$2.3M0%

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