Old National Introduces ‘Team Old National’ PGA TOUR and NCAA Golf Ambassadors
Rhea-AI Summary
Old National (NASDAQ: ONB) launched Team Old National, a golf ambassador program featuring PGA TOUR professional Michael Brennan and top-ranked amateur Kiara Romero. The initiative aims to boost brand visibility and community engagement across PGA TOUR and NCAA tournaments during the 2026 season.
AI-generated analysis. Not financial advice.
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News Market Reaction – ONB
On the day this news was published, ONB gained 0.64%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
ONB fell 2.94% while key regional bank peers like CBSH, CFR, WTFC, ZION and UMBF also declined between about 1–2%, pointing to a broader regional bank downdraft rather than company-specific pressure.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 04 | Financial literacy outreach | Positive | -1.2% | Participation in U.S. Treasury financial literacy roundtable and education programs. |
| Apr 22 | Quarterly earnings results | Positive | +0.5% | Reported 1Q26 earnings with solid net income and EPS metrics. |
| Apr 20 | Community action report | Positive | +1.2% | Released 2025 Community Action Report highlighting grants and volunteer activity. |
| Apr 13 | Leadership realignment | Positive | +0.5% | Announced new Commercial and Corporate Banking leadership structure and hires. |
| Mar 31 | Earnings schedule | Positive | +2.9% | Announced timing and access details for upcoming 1Q26 earnings call. |
ONB has generally traded higher on recent corporate and community updates, with one community-focused headline coinciding with a modest decline.
Over the past few months, ONB has highlighted community engagement, leadership changes and financial strength. An April earnings release reported net income of $229.6 million and diluted EPS of $0.59, while community and literacy initiatives underscored its regional footprint and civic positioning. A leadership realignment in Commercial Banking and a 2025 Community Action Report reinforced strategic and ESG themes. Today’s golf ambassador announcement fits this pattern of brand- and community-oriented news rather than a balance-sheet or credit event.
Market Pulse Summary
This announcement expands Old National’s brand and community presence by sponsoring high-profile golf talents, while reiterating a balance sheet of $73 billion in assets and $39 billion in assets under management. It follows recent earnings and community reports that emphasized both financial performance and civic engagement. Investors may watch how such marketing partnerships support franchise visibility alongside fundamentals like loan growth, deposit trends and future earnings updates.
Key Terms
world amateur golf rankings technical
world golf rankings technical
assets under management financial
AI-generated analysis. Not financial advice.
EVANSVILLE, Ind., May 13, 2026 (GLOBE NEWSWIRE) -- Old National Bank (“Old National”) is teeing up a summer of golf with the launch of Team Old National golf ambassadors, spotlighting elite talent from both the professional and amateur ranks, including PGA TOUR standout Michael Brennan and the No. 1 ranked women’s player in the World Amateur Golf Rankings, Kiara Romero.
Through Team Old National, Old National will celebrate the excitement of one of our great national pastimes, extending Old National’s reach and visibility during tournaments and events across the country throughout the season. The ambassadorships build on the bank’s growing presence in the sport through professional tour activations and sponsorships, including last year’s partnership agreement naming Old National the official banking partner of the prestigious Hazeltine National Golf Club in Minneapolis, Minn.
Team Old National’s 2026 roster is:
Michael Brennan, PGA TOUR – Brennan burst onto the scene in October of 2025 when he won the Bank of Utah Championship in his first PGA TOUR start as a professional. With that win he bypassed the Korn Ferry Tour, the PGA’s development tour, and immediately earned full-time membership on the PGA TOUR. The 24-year-old currently sits at No. 49 in the World Golf Rankings, No. 63 in Presidents Cup point standings, and No. 107 in FedEx Cup points, which determines eligibility for the FedEx Cup playoffs and the Tour Championship. He finished top 25 in his first Masters appearance in 2026.
Kiara Romero, NCAA Women’s Golf – The current No. 1-ranked player in the World Amateur Golf Rankings and recipient of the 2025 McCormack Medal as the leading female player, the University of Oregon standout is the first two-time, first-team all-American (2024-25) in school history. The 20-year-old’s six career individual tournament wins is a school record, along with seven runner-up finishes. In her college career she has recorded 21 top-10 finishes and 27 top-20 showings in 29 career collegiate tournaments. Prior to attending Oregon, Romero won the 2023 U.S. Girls’ Junior Championship.
By supporting these outstanding athletes and the sport of golf, Old National Bank champions their journeys while enhancing the bank’s visibility and connection within the communities we serve. This partnership spotlights both the athletes’ achievements and Old National’s commitment to engaging with clients and communities.
“Golf has a unique way of bringing people together, and Team Old National lets us be a part of that excitement throughout the entire season,” said Old National Bank Chief Marketing Officer Jim Stadler. “Michael has already shown he can compete with the best on the PGA TOUR, and Kiara is setting the pace as the No. 1 player in the world amateur rankings. We’re thrilled to support these players as they chase big moments this season and showcase the Old National brand alongside their journeys.”
Brennan in May will be competing in the 2nd Major of the year – the PGA Championship in Newton Square, Penn. this weekend (May 14-17). Romero will compete in the 2nd Women's Major of 2026 – the U.S. Women's Open in Los Angeles, CA. (June 4-7).
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) 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
Media Relations:
Rick Vach
(904) 535-9489
rick.vach@oldnational.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/7a8f5617-7794-46d1-ac54-77f7798c6a13
https://www.globenewswire.com/NewsRoom/AttachmentNg/5fc47c32-24cb-4aa0-8d92-ec675ce20108
