Welcome to our dedicated page for Old Natl Bancorp Ind news (Ticker: ONB), a resource for investors and traders seeking the latest updates and insights on Old Natl Bancorp Ind stock.
Old National Bancorp (NASDAQ: ONB) delivers community-focused banking services across the Midwest through its 180+ year legacy. This page provides investors and stakeholders with centralized access to official press releases, financial disclosures, and strategic developments.
Track earnings announcements, acquisition updates, and leadership changes alongside operational milestones like digital transformation initiatives and community partnership programs. Our curated feed ensures timely access to material information affecting ONB's market position and regional banking services.
Key updates include quarterly financial results, regulatory filings, merger activities, and technology investments that enhance client experiences in retail/commercial banking and wealth management. Bookmark this page for efficient monitoring of ONB's evolving strategies within Indiana, Illinois, Kentucky, and Michigan markets.
Old National Bancorp (NASDAQ: ONB) reported strong Q1 2025 financial results with net income of $140.6 million and diluted EPS of $0.44. On an adjusted basis, net income reached $145.5 million with EPS of $0.45.
Key highlights include:
- Net interest income of $393.0 million with a net interest margin of 3.27%
- Total deposits grew to $41.0 billion (up 2.1% annualized)
- Total loans reached $36.5 billion (up 1.5% annualized)
- Efficiency ratio of 53.7% (51.8% adjusted)
- Strong capital position with preliminary Tier 1 common equity ratio of 11.62%
The company demonstrated solid performance with disciplined expense management and maintained strong credit quality with net charge-offs at 24 basis points. The bank is preparing for its upcoming partnership with Bremer Bank, anticipated to close on May 1, 2025.
Old National Bancorp (NASDAQ: ONB) has announced the rebranding of its wealth advisory division from Old National Investments to Old National Wealth Advisors (ONWA). The division comprises approximately 125 team members, including over 70 wealth advisors, primarily operating throughout the Midwest and Southeast.
ONWA, backed by LPL Financial, offers comprehensive services including investment management, estate planning, retirement planning, college savings advice, insurance guidance, and tax strategies. The company delivers wealth management through three service models: the Investment Strategies Team, Private Wealth Management, and 1834 for high-net-worth clients.
Old National Bancorp, with $54 billion in assets and $30 billion in assets under management, ranks among the top 30 banking companies in the United States and is the sixth-largest commercial bank headquartered in the Midwest.
Old National Bancorp (NASDAQ: ONB) has announced its schedule for first-quarter 2025 earnings release and conference call. The earnings will be released on Tuesday, April 22, 2025, at 7:00 A.M. ET, followed by a conference call at 10:00 A.M. ET.
Old National, the sixth largest commercial bank headquartered in the Midwest, manages approximately $54 billion in assets and $30 billion in assets under management, ranking among the top 30 banking companies in the United States. The bank, established in 1834, primarily serves clients in the Midwest and Southeast regions, offering comprehensive services in consumer and commercial banking, wealth management, and capital markets.
Old National Bancorp (NASDAQ: ONB) announced upcoming presentations at two major financial conferences. Chairman and CEO Jim Ryan will present at the Raymond James & Associates 46th Annual Institutional Investors Conference on March 3, 2025, at 1:40 p.m. ET, followed by the 2025 RBC Capital Markets Global Financial Institutions Conference on March 4, 2025, at 10:40 a.m. ET.
The presentations will be accessible via live audio webcast through the Investor Relations section of oldnational.com, with replays available afterward. Old National, ranking as the sixth largest commercial bank in the Midwest with $54 billion in assets and $30 billion in assets under management, serves clients across the Midwest and Southeast regions. Founded in 1834, the bank ranks among the top 30 banking companies in the United States and was recently recognized as one of 'The Civic 50' most community-minded companies by Points of Light in 2024.
Old National Bancorp (NASDAQ: ONB) has announced key financial decisions including dividends and a stock repurchase program. The company declared a quarterly cash dividend of $0.14 per share on common stock, payable March 17, 2025, to shareholders of record as of March 5, 2025.
Additionally, a quarterly cash dividend of $17.50 per share was declared on its Series A and Series C Preferred Stock, payable May 20, 2025. The Board also approved a $200 million stock repurchase program effective until February 28, 2026.
Old National, the sixth largest commercial bank headquartered in the Midwest, manages approximately $54 billion in assets and $30 billion in assets under management, ranking among the top 30 U.S. banking companies.
Old National Bancorp (NASDAQ: ONB) reported strong Q4 2024 results with net income of $149.8 million and diluted EPS of $0.47. Adjusted figures show net income of $156.0 million and EPS of $0.49. Full-year performance included net income of $523.1 million with diluted EPS of $1.68 ($578.1 million and $1.86 adjusted).
Key Q4 highlights include net interest income of $400.0 million, with a net interest margin of 3.30%. Period-end total deposits reached $40.8 billion, while total loans stood at $36.3 billion. Credit quality remained strong with net charge-offs at 21 basis points of average loans.
The company announced the retirement of President and COO Mark Sander, effective June 30, 2025, and appointed Daniel S. Hermann as new Lead Independent Director. Additionally, Old National announced a pending partnership with Bremer Financial
Old National Bancorp (NASDAQ: ONB) has announced its schedule for fourth-quarter and full-year 2024 earnings release and conference call. The earnings will be released on Tuesday, January 21, 2025, at approximately 7:00 A.M. ET, followed by a conference call at 10:00 A.M. ET.
As the sixth largest commercial bank headquartered in the Midwest, Old National serves clients primarily in the Midwest and Southeast regions. The bank manages approximately $54 billion of assets and $31 billion of assets under management, ranking among the top 30 banking companies headquartered in the United States. The company, which traces its roots to 1834, focuses on building long-term partnerships while supporting local communities, offering comprehensive services in consumer and commercial banking, wealth management, and capital markets.
Old National Bancorp (NASDAQ: ONB) has announced the pricing of a public offering of 19,047,619 shares of common stock at $21.00 per share, totaling $400 million. The net proceeds will be approximately $384 million. The company entered into a forward sale agreement with Citigroup's affiliate, with settlement expected within 12 months. The underwriters have an option to purchase additional 2,857,143 shares. Old National plans to use the proceeds for general corporate purposes, including potentially contributing Tier 1 capital to Old National Bank. The offering is expected to close on November 26, 2024.
Old National Bancorp (NASDAQ: ONB) and Bremer Financial announced a definitive merger agreement. Bremer, with $16.2 billion in total assets, will strengthen Old National's presence in the Twin Cities and expand into Minnesota, North Dakota, and Wisconsin markets. The combined organization will have over $70 billion in assets. The transaction, valued at approximately $1,401 million, includes 70 banking centers across three states. Each Bremer share will receive 4.182 ONB shares plus $26.22 in cash. The merger is expected to close in mid-2025, subject to regulatory approvals.
Old National Bank (NASDAQ: ONB) has earned multiple 2025 Military Friendly® designations, including the top Gold Award as a Military Friendly® Employer. The bank was recognized in four categories: Employer, Company, Supplier Diversity Program, and Brand. Over 1,200 companies participated in this year's survey.
The bank's Military Veterans Impact Network (MVIN), comprising approximately 100 team members across the Midwest and Southeast, creates programs for transitioning veterans and provides support through education, resources, and networking opportunities. ONB also offers a mentoring program pairing veterans with Executive Leadership Team members.
Old National, the sixth largest commercial bank headquartered in the Midwest with approximately $54 billion in assets, was recognized for its commitment to creating sustainable benefits for active duty, reserves, guard, veterans, and their spouses.
