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

Earnings data Q1 2023

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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

Indiana-based bank Old National Bancorp and Illinois-based First Midwest Bancorp announced Tuesday a "merger of equals" deal with a total market value of $6.5 billion. Under terms of the deal, First Midwest shareholders will receive 1.1336 shares of Old National shares for each First Midwest share they own.

Old National, First Midwest to merger in a deal valuing First Midwest at $2.5 billion

EVANSVILLE, Ind. & CHICAGO--(BUSINESS WIRE)--Old National Bancorp (“Old National”) (NASDAQ: ONB) and First Midwest Bancorp, Inc. (“First Midwest”) (NASDAQ: FMBI), jointly announced today they have entered into a definitive merger agreement to combine in an all-stock merger of equals transaction with a total market value of $6.5 billion to create a premier Midwestern bank with $45 billion in combined assets. With nearly 270 combined years of service and a shared commitment to Midwestern values,

Old National and First Midwest Announce Merger to Create a Premier Midwestern Bank

EVANSVILLE, Ind., May 10, 2021 (GLOBE NEWSWIRE) -- John Moran, who served as Old National's Director of Corporate Development and Strategy from 2017 through 2019, has rejoined the Company as Chief Strategy Officer. Moran, who will be part of Old National's senior Operating Group, will assume responsibility for partnership activities, investor relations and corporate strategic planning.

John Moran Joining Old National's Senior Leadership Team

Old National Bancorp (ONB) CEO Jim Ryan on Q1 2021 Results - Earnings Call Transcript

Old National Bancorp (ONB) delivered earnings and revenue surprises of 30.00% and 1.39%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Old National Bancorp (ONB) Tops Q1 Earnings and Revenue Estimates

Shares of Old National Bancorp (NASDAQ:ONB) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share were up 108.00% over the past year to $0.52, which beat the estimate of $0.41.

Old National Bancorp: Q1 Earnings Insights

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

Old National reports 1st quarter earnings of $86.8 million, or $0.52 per share

EVANSVILLE, Ind., April 01, 2021 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) will release details of its financial results for the first-quarter 2021 on Monday, April 19, 2021, prior to the market opening. 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 first-quarter 2021 earnings and hold conference call / webcast

EVANSVILLE, Ind., March 11, 2021 (GLOBE NEWSWIRE) -- Old National Chief Administrative Officer Kendra Vanzo has been promoted from Executive Vice President to Senior Executive Vice President. A member of Old National's Operating Group (the company's senior-most team of leaders), Vanzo joined Old National in 1994 and first served as Assistant Vice President, Human Resources Manager at ONB's Danville, Ill. location. During her career at ONB, Vanzo has advanced steadily in the organization while leading numerous departments, projects and initiatives. Before joining Old National, she worked for NACCO Materials Handling Group in Danville.

Old National promotes Kendra Vanzo to Senior Executive VP

EVANSVILLE, Ind., March 09, 2021 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bank has released its inaugural Environmental, Social and Governance (ESG) Report, which is available in PDF form at oldnational.com. This 2020 ESG Report focuses on a wide range of topics, including governance and ethics; client service; team member growth and development; diversity, equity and inclusion; community engagement; and sustainability.

ONB shares 2020 Environmental, Social & Governance (ESG) Report, adds ESG webpage to oldnational.com

Recognition honors those companies who understand the importance of leading, making hard but values-based decisions, and their overall commitment to integrity. Recognition honors those companies who understand the importance of leading, making hard but values-based decisions, and their overall commitment to integrity.

Ethisphere Announces Old National Bank as One of the 2021 World's Most Ethical Companies for the 10th Year

Moody's affirms the ratings of Old National (ONB) and its banking subsidiary. The rating outlook is stable.

Old National (ONB) Ratings Affirmed by Moody's, Outlook Stable

EVANSVILLE, Ind., Jan. 28, 2021 (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, 2021, to shareholders of record on March 1, 2021. For purposes of broker trading, the ex-date of the cash dividend is February 26, 2021. Based on Old National's closing price of $17.09 on January 27, 2021, the quarterly dividend represents an annualized dividend yield of 3.3%.

Old National Bancorp announces quarterly cash dividend and stock repurchase plan

Old National Bancorp (ONB) CEO Jim Ryan on Q4 2020 Results - Earnings Call Transcript

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.

Old National Bancorp (ONB) Earnings Expected to Grow: Should You Buy?

EVANSVILLE, Ind., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) will release details of its financial results for the fourth-quarter and the full-year 2020 on Tuesday, January 19, 2021, prior to the market opening. 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 2020 earnings and hold conference call / webcast

Old National Bancorp's (ONB) CEO Jim Ryan on Q3 2020 Results - Earnings Call Transcript

Old National Bancorp's (ONB) CEO Jim Ryan on Q3 2020 Results - Quick Version Earnings Call Transcript

Old National Bancorp (ONB) delivered earnings and revenue surprises of 35.29% and 6.50%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Old National Bancorp (ONB) Beats Q3 Earnings and Revenue Estimates

Shares of Old National Bancorp (NASDAQ:ONB) moved higher by 0.1% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share rose 12.20% over the past year to $0.46, which beat the estimate of $0.33.

Recap: Old National Bancorp Q3 Earnings

EVANSVILLE, Ind., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) reports 3Q20 net income of $77.9 million, diluted EPS of $0.47. Adjusted1 net income of $76.4 million, or $0.46 per diluted share.

Old National reports 3rd quarter earnings of $77.9 million, or $0.47 per share

On Monday, October 19, Old National Bancorp (NASDAQ: ONB) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

A Preview Of Old National Bancorp's Earnings

Old National Bancorp (ONB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Old National Bancorp (ONB) Expected to Beat Earnings Estimates: Should You Buy?

EVANSVILLE, Ind., Oct. 05, 2020 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) will release details of its financial results for the third-quarter 2020 on Monday, October 19, 2020, prior to the market opening. 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 2020 earnings and hold conference call / webcast

EVANSVILLE, Ind., Oct. 01, 2020 (GLOBE NEWSWIRE) -- October is National Cybersecurity Awareness Month, and Old National is joining the ABA and other banks across the U.S. in a month-long “Banks Never Ask That” anti-phishing campaign. The Federal Trade Commission estimates that consumers lost $1.9 billion to phishing schemes in 2019, and the ongoing pandemic has only increased the threat.

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