Old National Bancorp Announces Quarterly Dividends

Rhea-AI Summary

Old National Bancorp (NASDAQ: ONB) has declared its quarterly dividends. The company announced a quarterly cash dividend of $0.14 per share on common stock, payable on June 16, 2025, to shareholders of record as of June 5, 2025. Additionally, a quarterly cash dividend of $17.50 per share was declared on its Series A and Series C Preferred Stock, payable on August 20, 2025, to shareholders of record as of August 5, 2025.

Old National, ranking among the top 25 banking companies in the US, manages approximately $70 billion in assets and $37 billion in assets under management (including Bremer Financial Corporation on a pro forma basis as of March 31, 2025). As the fifth largest commercial bank headquartered in the Midwest, the company serves clients primarily in the Midwest and Southeast regions.

Positive

• Consistent dividend payments demonstrate financial stability
• Significant asset base of $70 billion and $37 billion under management
• Strong market position as 5th largest commercial bank in the Midwest
• Ranks among top 25 US banking companies

Negative

• None.

News Market Reaction – ONB

-1.11%

1 alert

-1.11% News Effect

On the day this news was published, ONB declined 1.11%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

EVANSVILLE, Ind., May 14, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (the “Company” or “Old National”) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share on the Company’s outstanding shares of common stock. This quarterly cash dividend will be payable on June 16, 2025, to shareholders of record as of the close of business on June 5, 2025.

In addition, the Board of Directors declared a quarterly cash dividend of $17.50 per share (equivalent to $0.4375 per depositary share or 1/40th interest per share) on Old National’s 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (NASDAQ: ONBPP) and Series C (NASDAQ: ONBPO). The dividends are payable on August 20, 2025, to shareholders of record as of the close of business on August 5, 2025.

ABOUT OLD NATIONAL

Old National Bancorp is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $70 billion of assets and $37 billion of assets under management (including Bremer Financial Corporation on a pro forma basis as of March 31, 2025), Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations oldnational.com. In 2024, Points of Light named Old National one of "The Civic 50" - an honor reserved for the 50 most community-minded companies in the United States.

Investor Relations:
Lynell Durchholz
(812) 464-1366
lynell.durchholz@oldnational.com

Media Relations:
Rick Vach
(904) 535-9489
rick.vach@oldnational.com

FAQ

What is Old National Bancorp's (ONB) quarterly dividend amount for 2025?

Old National Bancorp's quarterly cash dividend is $0.14 per share on common stock, payable on June 16, 2025.

When is ONB's dividend payment date for Q2 2025?

The dividend payment date is June 16, 2025, for common stock shareholders of record as of June 5, 2025.

What is Old National's preferred stock dividend amount?

Old National's preferred stock (Series A and C) dividend is $17.50 per share ($0.4375 per depositary share), payable on August 20, 2025.

How large is Old National Bancorp in terms of assets?

Old National Bancorp manages approximately $70 billion in assets and $37 billion in assets under management, including Bremer Financial Corporation on a pro forma basis.

What is Old National's market position in the Midwest?

Old National is the fifth largest commercial bank headquartered in the Midwest and ranks among the top 25 banking companies in the United States.