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

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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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EVANSVILLE, Ind., Dec. 07, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Carrie Goldfeder, a seasoned credit executive with over 25 years of credit and corporate finance experience across all facets of loan production, credit performance and portfolio management, has joined Old National Bank, the wholly-owned banking subsidiary of Old National Bancorp (“Old National”), as Chief Credit Officer.

Old National Names Goldfeder Chief Credit Officer

Old National Bancorp (ONB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Old National Bancorp (ONB) Surges 5.8%: Is This an Indication of Further Gains?

EVANSVILLE, Ind., Nov. 13, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bank announced today that it has earned the 2024 Military Friendly® Employer designation, evaluated from both public data sources and responses from a proprietary survey.

Old National Bank Earns 2024 Military Friendly® Employer Designation

Old National to Partner with Nashville-based CapStar

Old National Bancorp (NASDAQ:ONB ) Q3 2023 Earnings Call Transcript October 24, 2023 10:00 AM ET Company Participants Jim Ryan - CEO Brendon Falconer - CFO Mark Sander - President & COO Conference Call Participants Scott Siefers - Piper Sandler Terry McEvoy - Stephens Jon Arfstrom - RBC Capital Markets Chris McGratty - KBW Brody Preston - UBS Operator Welcome to the Old National Bancorp Third Quarter 2023 Earnings Conference Call. This call is being recorded and has been made accessible to the public in accordance with SEC's regulations, FD.

Old National (ONB) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for Old National Bancorp (ONB) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Old National Bancorp (ONB) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Old National Bancorp (ONB) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.51 per share a year ago.

Old National Bancorp (ONB) Q3 Earnings and Revenues Surpass Estimates

CHICAGO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- ( NASDAQ: ONB) – Joe Wicklander has joined Old National Bank as Senior Director of a newly created Financial Institutions Group. In this new role, Wicklander will be responsible for building out a team to focus on providing credit, liquidity, treasury management and capital markets solutions to financial sponsors, hedge funds, proprietary trading firms, asset managers, broker dealers, futures commission merchants, financial exchanges, specialty finance companies, and more.

Old National Names Wicklander Senior Director of New Financial Institutions Group

EVANSVILLE, Ind., Oct. 05, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Honoring National Disability Employment Awareness Month in October, the National Organization on Disability (NOD) named Old National Bank as one of only 65 Leading Disability Employers for 2023.

Old National Bank Recognized as 2023 Leading Disability Employer

Old National Bancorp has attractive growth potential in the banking sector, with growth in loans, securities, and cash, as well as increasing deposits. The company has expanded through acquisitions and mergers, becoming the 6th largest commercial bank in the Midwest. Despite increasing debt levels, Old National Bancorp has seen growth in net interest income and net profits, driven by higher spreads on loans and greater asset values.

Old National Bancorp: A Quality Bank Investors Should Take A Close Look At

EVANSVILLE, Ind., Oct. 04, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp, the holding company of Old National Bank, today announced the following schedule for its third-quarter 2023 earnings release and conference call:

Old National Bancorp Announces Schedule for Third-Quarter 2023 Earnings and Conference Call

With a new digital platform, powered by Supernova Technology, Old National's private bankers can now provide easy, fast, and transparent custom lending solutions without disrupting a client's investment strategies CHICAGO , Oct. 4, 2023 /PRNewswire/ -- Supernova Technology announces a partnership with Old National Bancorp ("Old National") (NASDAQ: ONB) for their recently enhanced wealth lending solutions, Old National Private Prestige Line of Credit and Old National Private Elite Line of Credit. Supernova is a Chicago-based FinTech company that is a leading solution provider for digital wealth lending solutions.

Old National Bancorp Launches Streamlined Securities-Based Lending Solution with Supernova Technology™

EVANSVILLE, Ind., Sept. 28, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Joe Kiser, a 13-year Old National team member with extensive strategic partnership and community relations experience, has been named president of the Old National Bank Foundation, the giving arm of Old National Bank.

Joe Kiser Named President of Old National Bank Foundation

EVANSVILLE, Ind., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Old National Bank celebrated its 2nd annual Better Together Volunteer Days event on September 20th and 21st. This two-day volunteer blitz provided team members across Old National's Midwest footprint with a chance to give back to the communities where they live and work.

Old National team members volunteer more than 7,200 hours during ‘Better Together Days' volunteer blitz

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EVANSVILLE, Ind., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) announced today that its Chief Executive Officer Jim Ryan will present at the 2023 Barclays Global Financial Services Conference in New York, NY at 3:30 p.m. ET on Tuesday, September 12, 2023.

Old National to Present at the 2023 Barclays Global Financial Services Conference

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Regional banks facing credit losses for commercial real estate: Moody's study

CHICAGO, Aug. 31, 2023 (GLOBE NEWSWIRE) -- ( NASDAQ: ONB) – Jim Roolf, senior vice president and corporate relations officer of Old National Bank, received the Illinois Bankers Association's (IBA) top honor when he was named 2023 Banker of the Year.

Old National's Jim Roolf Named Illinois Bankers Association 2023 Banker of the Year

CHICAGO, Aug. 29, 2023 (GLOBE NEWSWIRE) -- ( NASDAQ: ONB) – Monica Rubio has been promoted to Community Lending Market Executive, Vice President, for Northwest Indiana and the Southwest suburbs of Chicago. In this new role, she will focus on increasing lending and investment activities for women- and minority-owned businesses, driving business development opportunities, and working closely with ONB's Diversity, Equity & Inclusion team.

Old National promotes Monica Rubio to Chicago Community Lending Market Executive

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Ratings agency Moody's said the U.S. banking sector is still strong even after it downgraded several small to mid-sized lenders and warned it might cut the ratings of several major banks.

Moody's says US banks are still strong despite downgrades

Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.

Moody's Downgrades Credit Ratings For 10 Banks, Puts Six Others On Notice

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