Old National Bancorp

Old National Bancorp operates as a financial holding company. It engages in the provision of financial and banking solutions. The firm's Community Banking segment provides commercial, real estate and consumer loans, time deposits, checking and savings accounts, cash management, brokerage, trust and investment advisory services. The company was founded in 1982 and is headquartered in Evansville, IN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

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Earnings data Q3 2023

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Earnings data Q4 2024

Old National Bancorp reports strong Q4 earnings and growth strategies

Old National Bancorp's Q4 performance reflects strong earnings growth and operational efficiency, supported by stable credit conditions and improved capital ratios.
While facing challenges such as declining average deposits and an expected slowdown in pipeline growth, the company remains focused on maintaining financial strength.
Opportunities lie in expanding the loan portfolio, retaining deposits through special pricing, and pursuing strategic investments for future growth.
Overall, Old National Bancorp's cautious approach amidst economic uncertainties positions it well to navigate challenges and capitalize on growth opportunities.

Old National Bancorp posts strong Q1 earnings and growth outlook

Old National Bancorp (ONB) reported strong Q1 earnings with robust financial performance and stable deposit balances, reflecting efficient fund management.
Despite challenges such as a slight decline in net interest margin and the need for cost optimization, ONB's strong credit quality and liquidity provide a solid foundation for growth.
Opportunities lie in disciplined loan growth, anticipated net interest income expansion, and contractual accretion, positioning ONB for continued success in 2023.
Overall, ONB's performance, strengths, and proactive approach to challenges indicate a resilient financial institution with a focus on sustainable growth and profitability.

Old National Bancorp reports robust Q2 performance amidst challenges

Old National Bancorp's Q2 performance reflects strong profitability and stable credit quality, underpinned by disciplined growth strategies and expense management.
While facing challenges in optimizing revenue streams and addressing regulatory concerns, the company remains confident in its ability to navigate market dynamics.
Opportunities lie in anticipated loan growth, technological investments, and sustained focus on disciplined growth and expense management for future success.

Old National Bancorp reports strong Q3 performance and strategic focus

Old National Bancorp's Q3 performance reflects solid financial health, with strong EPS, deposit growth, and stable credit quality. The company's focus on expense management and strategic growth initiatives positions it well for future stability and profitability.
While facing challenges such as a decline in the loan pipeline, Old National Bancorp has opportunities to drive revenue growth through new lending opportunities and disciplined deposit pricing. Managing credit risk and balancing expenses with growth will be critical moving forward.
With a clear strategic focus on operational efficiency and sustainable growth, Old National Bancorp aims to navigate market challenges and capitalize on emerging opportunities to enhance shareholder value and drive long-term success.

Old National Bancorp posts record results, eyes growth through CapStar partnership

Old National Bancorp's Q4 2023 performance reflects resilience and strategic growth, supported by disciplined loan growth and strong credit quality.
The company's partnership with CapStar Bank signals a strategic move towards market expansion and revenue diversification, bolstering future growth prospects.
While facing challenges in revenue generation and expense management, Old National Bancorp remains well-positioned to leverage opportunities for growth and operational efficiency.

Old National Bancorp exceeds Q1 earnings estimates, eyes growth

Old National Bancorp (ONB) reported robust Q1 2024 earnings, demonstrating strong financial performance and strategic growth initiatives.
While facing challenges in leadership transitions and deposit cost management, ONB remains focused on sustainable growth and operational excellence.
Opportunities lie in market expansion, strategic partnerships, and prudent risk management, positioning ONB for continued success and value creation.

Old National Bancorp exceeds Q2 earnings, eyes disciplined growth

Old National Bancorp delivered a strong performance in Q2 2024, surpassing earnings expectations and showcasing financial stability post-CapStar integration.
While facing challenges in deposit costs and margin accretion, the bank's focus on disciplined growth and credit quality positions it well for future opportunities.
Management's strategic emphasis on organic growth and clean credit underscores a commitment to sustainable financial strength and value creation.

Old National Bancorp reports solid Q3 results amidst growth opportunities

Old National Bancorp's Q3 performance showcased strength in organic growth and prudent financial management.
While facing challenges in credit metrics, the company's focus on efficiency and growth strategies bodes well for the future.
Opportunities in M&A, fee income, and capital management could drive further value creation for investors.
Investors should monitor credit quality closely while considering the company's solid performance and growth prospects.

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First Midwest Bancorp

Old National (ONB), First Midwest (FMBI) merger receives the Fed's approval. This will expand the combined companies' commercial banking capabilities, retail footprint and wealth platform.

Old National (ONB), First Midwest (FMBI) Merger Gets Fed Nod

EVANSVILLE, Ind. and CHICAGO, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National”) (NASDAQ: ONB) and First Midwest Bancorp, Inc. (“First Midwest”) (NASDAQ: FMBI), today announced that their merger of equals transaction, announced on June 1, 2021, has received Federal Reserve approval. This follows approvals received last year from the Office of the Comptroller of the Currency and stockholders of both companies.

Old National and First Midwest Receive Final Regulatory Approval for Merger of Equals

EVANSVILLE, Ind., Jan. 27, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Old National Bancorp (the “Company” or “Old National”) (NASDAQ: ONB) today declared a quarterly cash dividend of $0.14 per share on the Company's outstanding shares of common stock. The dividend is payable March 15, 2022, to shareholders of record on March 4, 2022. For purposes of broker trading, the ex-date of the cash dividend is March 3, 2022. Based on Old National's closing price of $18.87 on January 26, 2022, the quarterly dividend represents an annualized dividend yield of 3.0%.

Old National Bancorp announces quarterly cash dividend

The bank's consumer and commercial loan portfolio offerings will be bolstered by a higher rate environment.

Old National: A Regional Bank With Upside

Old National Bancorp (ONB) CEO Jim Ryan on Q4 2021 - Earnings Conference Call

Old National Bancorp (ONB) delivered earnings and revenue surprises of -7.50% and 0.15%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Old National Bancorp (ONB) Q4 Earnings Miss Estimates

EVANSVILLE, Ind., Jan. 18, 2022 (GLOBE NEWSWIRE) -- CEO COMMENTARY:

Old National reports 2021 record net income driven by commercial loan growth of 7.2%

Old National Bancorp (ONB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Old National Bancorp (ONB) to Report a Decline in Earnings: What to Look Out for

EVANSVILLE, Ind., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) will release details of its financial results for the fourth-quarter and the full-year 2021 on Tuesday, January 18, 2022. A conference call will be held at 9:00 a.m. (Central), 10:00 a.m. (Eastern) that same day to review these results, strategic developments and the Company's financial outlook.

Old National to announce fourth-quarter and full-year 2021 earnings and hold conference call / webcast

EVANSVILLE, Ind., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Old National Bank has achieved the number one Indiana-based lender ranking and the number two overall lender ranking in the state of Indiana according to the SBA's 2021 fiscal year 7a state loan volume rankings*.

Old National Bank ranked the #1 Indiana-based SBA 7a Lender

Flagstar Bancorp

New York Community Bancorp

The Federal Reserve, which regulates bank holding companies, has been taking a stricter stance toward large bank deals.

3 Large Bank Mergers Now in Question

The third quarter core loan growth rate continues to be better than the Midwest peer average legacy rate.

Old National: A Deep Discount Provides A Great Buying Opportunity

Old National Bancorp (ONB) CEO Jim Ryan on Q3 2021 Results - Earnings Call Transcript

EVANSVILLE, Ind., Oct. 19, 2021 (GLOBE NEWSWIRE) --   CEO COMMENTARY:

Old National's strong 3rd quarter driven by commercial loan growth of 7% annualized

EVANSVILLE, Ind., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) will release details of its financial results for the third-quarter 2021 on Tuesday, October 19, 2021. A conference call will be held at 9:00 a.m. (Central), 10:00 a.m. (Eastern) that same day to review these results, strategic developments and the Company's financial outlook.

Old National to announce third-quarter 2021 earnings and hold conference call / webcast

EVANSVILLE, Ind.--(BUSINESS WIRE)--Old National Bank (ONB) is thrilled to announce the hiring of three executives who will lead the Wealth Group's Investment Management and High-Net-Worth services, including portfolio management, investment research, HNW advisory and institutional wealth management services. Jim Steiner, Joe Colianni and Eric Holman will lead Wealth Management practices aimed at providing a truly customized, personalized and intimate client service relationship driven by a holi

Industry-Renowned Wealth Team Joins Old National to Lead Investment Management and High-Net-Worth Services

Old National Bancorp (ONB) CEO James Ryan on Q2 2021 Results - Earnings Call Transcript

Shares of Old National Bancorp (NASDAQ:ONB) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share rose 18.75% over the past year to $0.38, which missed the estimate of $0.40.

Old National Bancorp: Q2 Earnings Insights

EVANSVILLE, Ind. , July 20, 2021 (GLOBE NEWSWIRE) -- CEO COMMENTARY:

Old National's strong 2nd quarter driven by commercial loan growth of 11% annualized

On Tuesday, July 20, Old National Bancorp (NASDAQ:ONB) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings Preview: Old National Bancorp

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EVANSVILLE, Ind., July 08, 2021 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) will release details of its financial results for the second-quarter 2021 on Tuesday, July 20, 2021. A conference call will be held at 8:00 a.m. (Central), 9:00 a.m. (Eastern) that same day to review these results, strategic developments and the Company's financial outlook.

Old National to announce second-quarter 2021 earnings and hold conference call / webcast

Old National and First Midwest are joining hands to create a $45 billion asset bank in the Midwest, as the wave of bank mergers continues.

Will the Merger Between Old National Bancorp and First Midwest Bancorp Enhance Shareholder Value?

Old National (ONB) and First Midwest's (FMBI) all-stock merger deal for a market value of $6.5 billion will create a diversified and premier banking franchise.

Old National (ONB) Signs Merger Deal With First Midwest (FMBI)

NEW YORK, June 2, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of First Midwest Bancorp, Inc. ("First Midwest" or the "Company") (NASDAQ: FMBI) in connection with the proposed acquisition of the Company by Old National Bancorp ("Old National") (NASDAQ: ONB). Under the terms of the merger agreement, First Midwest shareholders will receive 1.1336 shares of Old National common stock for each First Midwest share that they own.

News for Old National Bancorp Stock (ONB)