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Old National Bancorp to Ring Nasdaq Closing Bell to Commemorate Merger of Equals

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On November 1, 2022, Old National Bancorp will celebrate its merger with First Midwest Bancorp by ringing the closing bell at Nasdaq. CEO Jim Ryan, along with other executives, will represent the company in this symbolic event. Old National, a leading commercial bank in the Midwest with approximately $46 billion in assets, has been recognized as a World’s Most Ethical Company for 11 consecutive years. This event also coincides with the bank's upcoming 188th anniversary.

Positive
  • Successful completion of the merger with First Midwest Bancorp, enhancing bank size and market presence.
  • Recognition as a World’s Most Ethical Company for 11 consecutive years, indicating strong corporate governance.
Negative
  • None.

EVANSVILLE, Ind., Oct. 31, 2022 (GLOBE NEWSWIRE) -- On November 1, 2022, the Old National Bancorp (“Old National”) Board of Directors, along with a team of executive leaders, will accompany CEO Jim Ryan, Executive Chairman Mike Scudder and Lead Director Becky Skillman to the Nasdaq Stock Exchange in New York. They will ring the bell as a capstone on a transformational year that saw the completion of a merger of equals with First Midwest Bancorp, Inc.

“On behalf of our nearly 4,000 team members, it is an honor to ring the closing bell,” said Ryan. “We often say our partnership has made us better together, and I firmly believe that what we achieved this year, we did together with our teammates, our communities and our clients.”

This marks the second time Old National leadership has rung the closing bell and comes in advance of the company’s 188th anniversary in November.

To view the closing ceremony live via the Nasdaq web cam, visit the following link on November 1, beginning at 3:45 p.m. (ET) https://www.nasdaq.com/marketsite/bell-ringing-ceremony.

About Old National

Old National Bancorp (Nasdaq: ONB), the holding company of Old National Bank, is the sixth largest commercial bank headquartered in the Midwest. With approximately $46 billion of assets and $27 billion of assets under management, Old National ranks among the top 35 banking companies based in the U.S. and has been recognized as a World’s Most Ethical Company by the Ethisphere Institute for eleven consecutive years. Since its founding in 1834, Old National Bank has focused on community banking by building long-term, highly valued partnerships with clients and in the communities it serves. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investment, and capital market services. For more information and financial data, please visit Investor Relations at oldnational.com.

About Nasdaq

Nasdaq is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software, and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

CONTACT
Kathy A. Schoettlin – (812) 319-2711
Kathy.Schoettlin@oldnational.com 


FAQ

What is the significance of Old National ringing the Nasdaq closing bell on November 1, 2022?

It marks the celebration of Old National's merger with First Midwest Bancorp and symbolizes a significant milestone in the bank's history.

How has the merger with First Midwest Bancorp affected Old National's market position?

The merger positions Old National as a larger, more competitive player in the Midwest banking sector.

What are the assets of Old National Bancorp?

Old National Bancorp has approximately $46 billion in assets, making it one of the largest commercial banks in the Midwest.

What recognition has Old National received for its business practices?

Old National has been recognized as a World’s Most Ethical Company by the Ethisphere Institute for eleven consecutive years.

When did Old National Bank celebrate its 188th anniversary?

Old National Bank celebrated its 188th anniversary in November 2022.

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