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) is the bank holding company for Old National Bank and a regional commercial bank headquartered in Evansville, Indiana. The company describes itself as the sixth largest commercial bank headquartered in the Midwest, serving clients primarily in the Midwest and Southeast. With approximately $71 billion of assets and $38 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States, according to its public statements.
This news page aggregates coverage of ONB, highlighting developments that matter to shareholders, depositors, and other stakeholders. Regular items include quarterly and annual earnings releases, where Old National reports metrics such as net income, net interest income, net interest margin, loan and deposit trends, credit quality indicators, and capital ratios. These earnings updates often reference non-GAAP measures that management uses to evaluate operating performance.
Investors can also follow dividend announcements on both common stock and preferred stock, as disclosed in press releases and corresponding Form 8-K filings. Old National’s news flow further covers corporate actions and strategic developments, such as its partnership and merger with Bremer Financial Corporation, as well as leadership updates and participation in industry conferences.
Because Old National emphasizes community engagement and relationship banking, news items may also feature community initiatives and volunteer programs, including events like its "Better Together Days" volunteer blitz across its Midwest and Southeast footprint. For those tracking the company’s wealth management expansion, updates from its 1834 division provide insight into services for high and ultra-high net-worth clients and institutional relationships.
By reviewing the ONB news feed, users can monitor financial performance, capital actions, strategic transactions, and community-focused activities in one place.
Old National Bancorp has appointed John Moran as Chief Strategy Officer, rejoining the firm where he previously served as Director of Corporate Development and Strategy from 2017 to 2019. Moran will oversee partnership activities, investor relations, and corporate strategic planning, bringing extensive experience from his prior role as CFO at NBT Bancorp. His background includes over 15 years in investment research. Old National, headquartered in Indiana, has $23.7 billion in assets and has been recognized as a World's Most Ethical Company for ten consecutive years.
The Board of Directors of Old National Bancorp (NASDAQ: ONB) has declared a quarterly cash dividend of $0.14 per share, payable on June 15, 2021, to shareholders of record by June 1, 2021. The ex-dividend date is set for May 28, 2021. Based on the closing price of $19.11 on April 28, 2021, this dividend represents an annualized yield of 2.9%. Old National is recognized as a top 100 banking company in the U.S. with $23.7 billion in assets, emphasizing community banking across several states.
Old National Bancorp (NASDAQ: ONB) reported a strong 1Q21 with a net income of $86.8 million and a diluted EPS of $0.52. Adjusted net income also stood at $86.4 million. Key highlights include record commercial loan production of $718 million and a total loan increase to $13.98 billion. Despite a decrease in net interest income to $148.1 million and a net interest margin drop to 2.94%, the bank showed strong credit quality with non-performing loans decreasing to 1.13%.
Old National Bancorp (NASDAQ: ONB) will announce its first-quarter 2021 financial results on April 19, 2021, before market opening. Following the release, a conference call will occur at 9:00 a.m. Central Time to discuss results and future outlook. The earnings release, audio webcast, and presentation will be available on the company’s Investor Relations page. Old National, established in 1834, has $23.0 billion in assets and is recognized for its ethical standards, serving clients across Indiana, Kentucky, Michigan, Minnesota, and Wisconsin.
Old National Bancorp announces the promotion of Kendra Vanzo to Senior Executive Vice President. Vanzo, with the company since 1994, has held various leadership positions and has been instrumental in numerous projects. CEO Jim Ryan praised her as a passionate leader who inspires others. Vanzo holds a Bachelor's degree in business administration and an MBA. She is actively involved in her community, serving on several boards and earning multiple awards for her contributions. Old National, based in Indiana, is a top 100 U.S. bank with $23.0 billion in assets.
Old National Bank has been recognized as one of the World's Most Ethical Companies in 2021 by Ethisphere for the 10th consecutive year. The bank is among five recognized in the banking sector, with 135 honorees across 22 countries. Ethisphere's index shows these companies outperformed large-cap peers by 7.1% from January 2016 to January 2021. The recognition highlights the bank's commitment to high ethical standards, transparency, and integrity in serving clients and communities.
Old National Bancorp (NASDAQ: ONB) has declared a quarterly cash dividend of $0.14 per share, payable on March 15, 2021, to shareholders of record on March 1, 2021. This dividend yields 3.3% based on the closing price of $17.09 on January 27, 2021. Additionally, the company has approved a stock repurchase plan authorizing the buyback of up to $100 million of its common stock through January 31, 2022, aimed at enhancing shareholder value.
Old National Bancorp (ONB) reported a strong fourth quarter for 2020, with a net income of $74.1 million and diluted earnings per share (EPS) of $0.44. Adjusted net income was $76.6 million, or $0.46 per share. Full-year net income reached $226.4 million, or $1.36 per share, with adjusted net income of $250.3 million and $1.50 EPS. The bank's net interest income rose to $164.6 million, and its net interest margin improved to 3.26%. Total loans stood at $13.8 billion, with significant growth in commercial loans.
Old National Bancorp (NASDAQ: ONB) will announce its fourth-quarter and full-year 2020 financial results on January 19, 2021, before markets open. A conference call will follow at 9:00 a.m. CST to discuss these results and the company’s financial outlook. The audio webcast, earnings release, and presentation slides will be available on their Investor Relations page. Old National Bancorp, with $22.5 billion in assets, is recognized as one of the top 100 U.S. banking companies and has been named one of the World’s Most Ethical Companies for nine years in a row.
FAQ
What is the current stock price of Old Natl Bancorp Ind (ONB)?
What is the market cap of Old Natl Bancorp Ind (ONB)?
