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Old Natl Bancorp Ind - ONB STOCK NEWS

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.

Overview

Old National Bancorp (NASDAQ: ONB) is a historic financial services holding company that has been serving its communities since its founding in 1834 in Evansville, Indiana. Renowned for its commitment to community banking, Old National has built enduring partnerships with clients across its core markets in Indiana, East Central Illinois, Kentucky, Michigan, and select Southeastern communities. The corporation combines a rich legacy with a modern approach to banking, leveraging a comprehensive suite of services designed to meet the evolving needs of both retail and commercial clients.

Comprehensive Financial Services

At its core, Old National Bancorp provides an integrated range of financial products and services that include:

  • Retail and Commercial Banking: Delivering personalized deposit services, loan solutions, and credit facilities that support both individual customers and businesses.
  • Wealth Management and Investment Advisory: Offering tailored financial planning, portfolio management, and investment strategies, ensuring clients receive expert guidance that aligns with their long-term financial objectives.
  • Capital Markets and Brokerage Services: Facilitating activities in investment banking and brokerage, thereby enabling clients to access capital markets with confidence and expertise.
  • Insurance Solutions: Through its affiliated insurance brokerage, Old National extends risk management and insurance services, positioning itself among the top brokers in the market.

The company’s diverse product mix is sustained by a strong commitment to resilient credit quality, disciplined expense management, and an emphasis on nurturing deep client relationships built over generations.

Regional Market Positioning and Community Focus

Old National Bancorp has strategically positioned itself as a major player within its regional footprint. Its operations are not merely transactional; they are built on the principle of developing long-term, highly valued partnerships with communities. This community-centric approach means that the bank continuously emphasizes local market knowledge, responsiveness to regional economic conditions, and a keen focus on fostering economic growth within the areas it serves. This approach reinforces its reputation as a trusted community partner.

Operational Excellence and Digital Transformation

In recent years, Old National has advanced its operational capabilities by embracing innovative technologies and digital solutions. A notable aspect of its strategy is the convergence of traditional banking with modern digital transformation — an effort supported through strategic partnerships with leading technology firms. By integrating advanced process digitization, automation, and digital banking platforms, Old National has enhanced its internal efficiency, improved client experiences, and maintained a competitive edge in a rapidly evolving financial services landscape. This modernization effort further underscores the bank's commitment to balancing its venerable history with contemporary innovations.

Strategic Acquisitions and Organizational Strength

A significant contributor to Old National’s growth and market strength has been its prudent engagement in strategic acquisitions. These acquisitions have not only expanded the bank's geographic footprint but have also enhanced its service offerings, particularly in regions known for vibrant economic activity. The integration of acquired operations has enriched its banking services, broadened its product portfolio, and reinforced its commitment to serving a diverse customer base with a seamless suite of financial solutions.

Expertise and Industry Recognition

Old National Bancorp stands out for its methodical approach to financial services, built on decades of expertise and steadfast customer commitment. Its portfolio, which includes consumer and commercial banking, wealth management, and capital markets services, reflects a deep understanding of industry dynamics and client needs. Through this multifaceted approach, the company has garnered recognition as one of the foremost community-centric financial institutions in its regions of operation. With a foundation built on trust, reliability, and rigorous financial stewardship, Old National continues to be a model of expert financial management and operational excellence.

Commitment to Quality and Client-Centric Services

Consistent with its long-standing tradition, Old National’s commitment is evident in its focus on quality service delivery, strong risk management practices, and an unwavering dedication to maintaining robust credit quality. Its customer-first philosophy is integrated across every operational facet—from originating commercial loans to providing detailed wealth management advice—ensuring that each client receives personalized attention tailored to their unique financial circumstances.

Conclusion

Old National Bancorp exemplifies what it means to blend a storied heritage with strategic operational enhancements. Through its comprehensive suite of services, regional market leadership, and commitment to digital innovation, the company continues to provide enduring value to its clients and communities. The institution’s emphasis on quality banking solutions, combined with its adaptive approach to technology and market trends, positions it as an essential resource within the financial services industry, ensuring that clients benefit from unmatched expertise and a supportive, community-oriented banking experience.

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Old National Bancorp CEO to present at Barclays Global Financial Services Conference
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Jim Roolf of Old National Bank named 2023 Banker of the Year by Illinois Bankers Association
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Monica Rubio promoted to Community Lending Market Executive, VP for Northwest Indiana and Southwest suburbs of Chicago.
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Old National Bancorp (NASDAQ: ONB) has declared a quarterly cash dividend of $0.14 per share on its common stock, payable on September 15, 2023. The company has also declared a quarterly cash dividend of $17.50 per share on its preferred stocks, payable on November 20, 2023.
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Old National Bancorp (NASDAQ: ONB) reports 2Q23 net income applicable to common shares of $151.0 million, diluted EPS of $0.52; $156.3 million and $0.54 on an adjusted1 basis, respectively. The CEO highlights a 4% increase in total deposits, strong liquidity position, disciplined expense management, and strong credit metrics. Net interest income was $388.0 million, NIM was 3.60%, PPNR was $223.0 million, and efficiency ratio was 51.2%. Total deposits were $36.2 billion, up 3.8%, and total loans were $32.5 billion, up 2.2%. Provision for credit losses was $14.8 million, and net charge-offs were $10.1 million. Return on average tangible common equity was 21.4%. Old National continues to recover from the Louisville tragedy and expresses gratitude for the support received.
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FAQ

What is the current stock price of Old Natl Bancorp Ind (ONB)?

The current stock price of Old Natl Bancorp Ind (ONB) is $18.31 as of April 10, 2025.

What is the market cap of Old Natl Bancorp Ind (ONB)?

The market cap of Old Natl Bancorp Ind (ONB) is approximately 6.3B.

What are the core services provided by Old National Bancorp?

Old National Bancorp provides a full spectrum of financial services, including retail and commercial banking, wealth management, capital markets solutions, and insurance brokerage services.

How does Old National Bancorp demonstrate its commitment to community banking?

The company emphasizes long-term, value-driven partnerships and tailors its services to meet the unique needs of local communities in its primary markets.

In which regions does Old National Bancorp primarily operate?

Its primary footprint spans Indiana, East Central Illinois, Kentucky, Michigan, and selected Southeastern communities, ensuring a strong regional presence.

What role does digital transformation play in Old National Bancorp's strategy?

Digital transformation is integral to the company’s strategy, enhancing operational efficiency and client experience through advanced automation and digital banking platforms.

How has the company expanded its reach through acquisitions?

Old National Bancorp has strategically engaged in acquisitions that broaden its geographic footprint and diversify its product offerings while integrating new operations into its established framework.

What distinguishes Old National Bancorp from other regional banks?

Its longstanding history, community focus, comprehensive service suite, and continuous innovation in digital technologies set it apart from its peers.

How does the company manage risk and ensure credit quality?

The firm prioritizes strong risk management practices, maintaining resilient credit quality through disciplined lending standards and strategic asset management.

What are the benefits of its wealth management and investment services?

Clients benefit from personalized financial planning, expert investment advice, and a suite of wealth management services designed to align with their long-term financial goals.
Old Natl Bancorp Ind

Nasdaq:ONB

ONB Rankings

ONB Stock Data

6.29B
316.54M
0.83%
96.82%
12.21%
Banks - Regional
National Commercial Banks
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United States
EVANSVILLE