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 has declared its quarterly dividends. The company will pay a cash dividend of $0.14 per share on common stock, payable December 16, 2024, to shareholders of record as of December 5, 2024. Additionally, a quarterly dividend of $17.50 per share was declared on its Series A and Series C Preferred Stock, payable February 20, 2025, to shareholders of record as of February 5, 2025. Old National, the sixth largest commercial bank in the Midwest, manages approximately $54 billion in assets and $31 billion in assets under management, ranking among the top 30 U.S. banking companies.
Old National Bancorp (NASDAQ: ONB) launches two new digital financial education initiatives: the Real-Life Finance Podcast and Smart Money Half-Minute video series. The podcast, hosted by Financial Empowerment Director Ben Joergens, focuses on everyday financial solutions, while the weekly videos feature young adults sharing financial management advice. The initiatives complement Old National's existing Real-Life Finance eLearning platform, which offers 46 lessons for $4.95 lifetime access, covering topics from Financial Psychology to Home Ownership. Old National Bank, with $54 billion in assets and $31 billion in assets under management, ranks among the top 30 U.S. banking companies.
Old National Bancorp's information security team has been recognized among the Top 50 Information Security Teams worldwide in the 2024 OnCon Icon Awards. The recognition, announced on October 22, was determined through peer and community voting, evaluating teams based on organizational impact, thought leadership, innovation, and leadership demonstration.
Chief Information Security Officer Kevin Novak emphasized the bank's commitment to protecting clients' financial information. Old National (NASDAQ: ONB), the sixth-largest commercial bank headquartered in the Midwest, manages approximately $54 billion in assets and $31 billion in assets under management. The bank ranks among the top 30 banking companies in the United States and serves clients primarily in the Midwest and Southeast regions.
Old National Bancorp (NASDAQ: ONB) has partnered with Axletree Solutions to enhance its secure transaction messaging capabilities through Swift. Axletree will host Old National Bank's Swift architecture, providing end-to-end control and transparency of banking transactions. As Old National's Swift Service Bureau, Axletree offers access to Swift without the internal burden of managing the technology infrastructure. The collaboration enables real-time tracking of international payments through Swift APIs in a secure environment. The partnership supports various Swift messaging capabilities, including wire transfers, ACH payments, and information reporting in multiple formats.
Old National Bancorp (NASDAQ: ONB) reported strong third quarter 2024 results, with net income applicable to common shares of $139.8 million and diluted EPS of $0.44. On an adjusted basis, net income was $147.2 million with EPS of $0.46. Key highlights include:
- Net interest income on a fully taxable equivalent basis of $397.9 million
- Net interest margin of 3.32%, down 1 basis point
- Period-end total deposits of $40.8 billion, up $0.8 billion
- End-of-period total loans of $36.5 billion, up 2.7% annualized
- Provision for credit losses of $28.5 million
- Efficiency ratio of 53.8%; adjusted efficiency ratio of 51.2%
The company maintained strong credit quality and capital ratios, with a tangible common equity to tangible assets ratio of 7.44%.
Old National Bank has been recognized as one of 59 Leading Disability Employers for 2024 by the National Organization on Disability (NOD). This accolade, announced during National Disability Employment Awareness Month in October, acknowledges companies with outstanding disability inclusion practices and policies. The recognition is based on data from the NOD Employment Tracker™, a free assessment tool that correlates employment practices with improved talent outcomes for people with disabilities.
Beth Sirull, President and CEO of NOD, emphasized that diversity fuels innovation and growth, while inclusive workplaces reduce employee turnover. Corliss Garner, Chief Diversity, Equity and Inclusion Officer at Old National Bank, stated that inviting diversity and activating inclusion are critical to their success and serve as a differentiator for team members, clients, and communities.
Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, is the sixth largest commercial bank headquartered in the Midwest, with approximately $53 billion of assets and $30 billion of assets under management. The bank focuses on building long-term partnerships with clients and supporting communities.
Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, has announced its schedule for the third-quarter 2024 earnings release and conference call. The earnings release is set for Tuesday, October 22, 2024, at approximately 8:00 A.M. ET, followed by a conference call at 10:00 A.M. ET on the same day.
Investors can access the call via U.S. dial-in (800) 715-9871 or International (646) 307-1963, using access code 1586600. A webcast will be available on Old National's Investor Relations website, with replay options until October 22, 2025. A telephone replay will be accessible until November 5, 2024.
Old National Bancorp, the sixth largest commercial bank headquartered in the Midwest, serves clients primarily in the Midwest and Southeast. With $53 billion in assets and $30 billion in assets under management, it ranks among the top 30 banking companies in the U.S. The company focuses on building long-term partnerships and supporting communities, offering services in consumer and commercial banking, wealth management, and capital markets.
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) and Old National Bank (NASDAQ: ONB) have expanded their strategic collaboration to accelerate the bank's operational and technological transformation. The partnership, which began in 2020, has enabled Old National to modernize its digital landscape using a self-funding model, resulting in improved stability, resiliency, and client experience.
The expanded collaboration will leverage Infosys' services, solutions, and platforms for operations transformation and process digitization powered by automation and GenAI. Jim Ryan, Chairman & CEO of Old National Bank, emphasized their commitment to exceptional client and team member experiences, while Dennis Gada, EVP and Global Head of Banking and Financial Services at Infosys, highlighted the cultural and strategic alignment between the two companies.
Old National Bancorp (NASDAQ: ONB) achieved record-breaking participation in its 3rd annual Better Together Days, a two-day volunteer initiative held on Sept. 18-19, 2024. The event saw 2,433 team members contribute 7,600 hours to 196 organizations across nine states. This volunteer blitz, which included virtual opportunities, allowed employees to serve communities in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, North Carolina, Tennessee, and Wisconsin.
Kathy Schoettlin, Chief Brand & Culture Officer, emphasized the importance of this initiative in maintaining the bank's community-focused mission. Old National, the sixth largest commercial bank in the Midwest with $53 billion in assets and $30 billion in assets under management, ranks among the top 30 banking companies in the United States. The company was also recognized as one of 'The Civic 50' by Points of Light in 2024 for its community engagement.
Old National Bancorp (NASDAQ: ONB) announced that its Chairman and CEO Jim Ryan will present at the 2024 Barclays Global Financial Services Conference in New York on September 10, 2024, at 2:00 p.m. ET. The presentation will be accessible via live webcast through the company's Investor Relations website, with a replay available for 90 days after the event.
Old National Bank, the sixth largest commercial bank in the Midwest, serves clients primarily in the Midwest and Southeast. With $53 billion in assets and $30 billion in assets under management, Old National ranks among the top 30 banking companies in the United States. Founded in 1834, the bank focuses on building long-term partnerships with clients and supporting local communities. Old National offers comprehensive services in consumer and commercial banking, wealth management, and capital markets.
