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 (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.
Old National Bancorp (NASDAQ: ONB) reported strong Q1 2025 financial results with net income of $140.6 million and diluted EPS of $0.44. On an adjusted basis, net income reached $145.5 million with EPS of $0.45.
Key highlights include:
- Net interest income of $393.0 million with a net interest margin of 3.27%
- Total deposits grew to $41.0 billion (up 2.1% annualized)
- Total loans reached $36.5 billion (up 1.5% annualized)
- Efficiency ratio of 53.7% (51.8% adjusted)
- Strong capital position with preliminary Tier 1 common equity ratio of 11.62%
The company demonstrated solid performance with disciplined expense management and maintained strong credit quality with net charge-offs at 24 basis points. The bank is preparing for its upcoming partnership with Bremer Bank, anticipated to close on May 1, 2025.
Old National Bancorp (NASDAQ: ONB) has announced the rebranding of its wealth advisory division from Old National Investments to Old National Wealth Advisors (ONWA). The division comprises approximately 125 team members, including over 70 wealth advisors, primarily operating throughout the Midwest and Southeast.
ONWA, backed by LPL Financial, offers comprehensive services including investment management, estate planning, retirement planning, college savings advice, insurance guidance, and tax strategies. The company delivers wealth management through three service models: the Investment Strategies Team, Private Wealth Management, and 1834 for high-net-worth clients.
Old National Bancorp, with $54 billion in assets and $30 billion in assets under management, ranks among the top 30 banking companies in the United States and is the sixth-largest commercial bank headquartered in the Midwest.
Old National Bancorp (NASDAQ: ONB) has announced its schedule for first-quarter 2025 earnings release and conference call. The earnings will be released on Tuesday, April 22, 2025, at 7:00 A.M. ET, followed by a conference call at 10:00 A.M. ET.
Old National, the sixth largest commercial bank headquartered in the Midwest, manages approximately $54 billion in assets and $30 billion in assets under management, ranking among the top 30 banking companies in the United States. The bank, established in 1834, primarily serves clients in the Midwest and Southeast regions, offering comprehensive services in consumer and commercial banking, wealth management, and capital markets.
Old National Bancorp (NASDAQ: ONB) announced upcoming presentations at two major financial conferences. Chairman and CEO Jim Ryan will present at the Raymond James & Associates 46th Annual Institutional Investors Conference on March 3, 2025, at 1:40 p.m. ET, followed by the 2025 RBC Capital Markets Global Financial Institutions Conference on March 4, 2025, at 10:40 a.m. ET.
The presentations will be accessible via live audio webcast through the Investor Relations section of oldnational.com, with replays available afterward. Old National, ranking as the sixth largest commercial bank in the Midwest with $54 billion in assets and $30 billion in assets under management, serves clients across the Midwest and Southeast regions. Founded in 1834, the bank ranks among the top 30 banking companies in the United States and was recently recognized as one of 'The Civic 50' most community-minded companies by Points of Light in 2024.
Old National Bancorp (NASDAQ: ONB) has announced key financial decisions including dividends and a stock repurchase program. The company declared a quarterly cash dividend of $0.14 per share on common stock, payable March 17, 2025, to shareholders of record as of March 5, 2025.
Additionally, a quarterly cash dividend of $17.50 per share was declared on its Series A and Series C Preferred Stock, payable May 20, 2025. The Board also approved a $200 million stock repurchase program effective until February 28, 2026.
Old National, the sixth largest commercial bank headquartered in the Midwest, manages approximately $54 billion in assets and $30 billion in assets under management, ranking among the top 30 U.S. banking companies.
Old National Bancorp (NASDAQ: ONB) reported strong Q4 2024 results with net income of $149.8 million and diluted EPS of $0.47. Adjusted figures show net income of $156.0 million and EPS of $0.49. Full-year performance included net income of $523.1 million with diluted EPS of $1.68 ($578.1 million and $1.86 adjusted).
Key Q4 highlights include net interest income of $400.0 million, with a net interest margin of 3.30%. Period-end total deposits reached $40.8 billion, while total loans stood at $36.3 billion. Credit quality remained strong with net charge-offs at 21 basis points of average loans.
The company announced the retirement of President and COO Mark Sander, effective June 30, 2025, and appointed Daniel S. Hermann as new Lead Independent Director. Additionally, Old National announced a pending partnership with Bremer Financial
Old National Bancorp (NASDAQ: ONB) has announced its schedule for fourth-quarter and full-year 2024 earnings release and conference call. The earnings will be released on Tuesday, January 21, 2025, at approximately 7:00 A.M. ET, followed by a conference call at 10:00 A.M. ET.
As the sixth largest commercial bank headquartered in the Midwest, Old National serves clients primarily in the Midwest and Southeast regions. The bank manages approximately $54 billion of assets and $31 billion of assets under management, ranking among the top 30 banking companies headquartered in the United States. The company, which traces its roots to 1834, focuses on building long-term partnerships while supporting local communities, offering comprehensive services in consumer and commercial banking, wealth management, and capital markets.
Old National Bancorp (NASDAQ: ONB) has announced the pricing of a public offering of 19,047,619 shares of common stock at $21.00 per share, totaling $400 million. The net proceeds will be approximately $384 million. The company entered into a forward sale agreement with Citigroup's affiliate, with settlement expected within 12 months. The underwriters have an option to purchase additional 2,857,143 shares. Old National plans to use the proceeds for general corporate purposes, including potentially contributing Tier 1 capital to Old National Bank. The offering is expected to close on November 26, 2024.