Old National ranked 6th in financial performance of U.S. public banks by S&P Global Market Intelligence

Rhea-AI Summary

Old National Bancorp has been recognized for its strong financial performance, ranking 6^th among U.S. public banks with over $10 billion in assets, according to S&P Global Market Intelligence's 2022 rankings. This distinction emphasizes the bank's stability, risk management, and diversified credit portfolio, as highlighted by CEO Jim Ryan. Old National, with approximately $47 billion in assets, continues to maintain its position as a leading community bank since its inception in 1834, focusing on customer relationships and comprehensive banking services. For more details, visit oldnational.com.

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• Ranked 6th in financial performance among U.S. public banks by S&P Global Market Intelligence.
• Demonstrates stability and strong risk management, indicated by a well-diversified credit portfolio.

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EVANSVILLE, Ind., March 27, 2023 (GLOBE NEWSWIRE) -- Old National Bancorp was ranked 6^th in financial performance out of all U.S. public banks with greater than $10 billion in total assets by S&P Global Market Intelligence. On March 21, S&P Global released its annual rankings for 2022's best-performing community banks, credit unions and U.S. public banks.

S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI) and provider of information services and solutions to the global market. S&P Global Market Intelligence division launched the rankings in 2011 to assess the performance of community banks and credit unions. The division ranks institutions based on returns, growth and efficiency, and places a premium on the strength and risk profile of balance sheets.

“Old National Bank’s high ranking among U.S. public banks by S&P Global Market Intelligence further demonstrates our strength and stability,” said Jim Ryan, Old National CEO. “We are proud to be a Midwestern bank with a conservative approach to managing risk, a well-diversified credit portfolio, and a low-cost granular deposit base. We have been serving our clients for nearly 190 years, and we manage our company in a way to ensure that continues for many years to come.”

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 $47 billion of assets and $28 billion of assets under management, Old National ranks among the top 35 banking companies based in the U.S. 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.

Media Contact:
Kathy Schoettlin
Kathy.schoettlin@oldnational.com
812-465-7269

FAQ

What is Old National Bancorp's ranking among U.S. public banks?

Old National Bancorp is ranked 6th in financial performance among U.S. public banks with more than $10 billion in assets.

Who ranked Old National Bancorp?

Old National Bancorp was ranked by S&P Global Market Intelligence.

What are the assets of Old National Bancorp?

Old National Bancorp has approximately $47 billion in assets.

When were the bank rankings released by S&P Global Market Intelligence?

The annual rankings were released on March 21, 2023.

What does S&P Global Market Intelligence assess in its rankings?

S&P Global Market Intelligence ranks banks based on returns, growth, efficiency, and the strength of balance sheets.