NASDAQ Framework: Old National Bancorp

Regional bank offering diverse financial services 1.
1: Old National Bancorp (NASDAQ: ONB) is the largest financial services holding company headquartered in Indiana. With approximately $45.7 billion in total assets, we rank among the top 35 banking companies in the U.S. Headquartered in Evansville, Indiana, and Chicago, Illinois, Old National Bancorp has financial centers in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota and Wisconsin. Since our founding in Evansville, Ind., in 1834, we have focused on community banking by building long-term, highly valued partnerships with our clients. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investments and brokerage services. For more information and financial data, please visit Investor Relations at oldnational.com. View Source
Old National Bancorp (NASDAQ: ONB) is the largest financial services holding company headquartered in Indiana, with approximately $45.7 billion in total assets, ranking among the top 35 banking companies in the U.S. Headquartered in Evansville, Indiana, and Chicago, Illinois, Old National Bancorp operates financial centers in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, and Wisconsin. Founded in 1834, the company focuses on community banking, providing extensive services in retail and commercial banking, wealth management, investments, and brokerage services 23.
2: Old National Bancorp (NASDAQ: ONB) is the largest financial services holding company headquartered in Indiana. With approximately $45.7 billion in total assets, we rank among the top 35 banking companies in the U.S. Headquartered in Evansville, Indiana, and Chicago, Illinois, Old National Bancorp has financial centers in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota and Wisconsin. Since our founding in Evansville, Ind., in 1834, we have focused on community banking by building long-term, highly valued partnerships with our clients. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investments and brokerage services. For more information and financial data, please visit Investor Relations at oldnational.com. View Source3: Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, and capital markets services, as well as community development lending and equity investment solutions. The company was founded in 1834 and is headquartered in Evansville, Indiana. View Source
NO

Old National Bancorp is not still led by its founders, nor are the founders heavily involved. The company was founded in 1834, and there is no indication that the original founders are currently leading or heavily involved in the company 45.
4: Old National Bancorp (NASDAQ: ONB) is the largest financial services holding company headquartered in Indiana. With approximately $45.7 billion in total assets, we rank among the top 35 banking companies in the U.S. Headquartered in Evansville, Indiana, and Chicago, Illinois, Old National Bancorp has financial centers in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota and Wisconsin. Since our founding in Evansville, Ind., in 1834, we have focused on community banking by building long-term, highly valued partnerships with our clients. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investments and brokerage services. For more information and financial data, please visit Investor Relations at oldnational.com. View Source5: Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, and capital markets services, as well as community development lending and equity investment solutions. The company was founded in 1834 and is headquartered in Evansville, Indiana. View Source
MEDIUM RISK

Old National Bancorp has shown positive financial performance, including exceeding earnings expectations and achieving strong revenue growth 67. However, the company has also faced some challenges, such as a decrease in earnings per share due to merger-related costs 8. Additionally, the investment rating has been downgraded to SELL with a target price of $16.00, indicating some concerns about future performance 9. While the company is not in a high-risk situation, these factors suggest a medium risk level.
6: Good morning. Earlier today, Old National reported our second quarter 2024 results. Our earnings per share exceeded expectations due to better-than-expected revenue growth and lower expenses which led to positive operating leverage. These strong second quarter results were driven by our investments in new markets and talent in our footprint, supported by our peer-leading low-cost deposit franchise, solid credit performance and ample capital. We remain focused on the acceleration of our wealth management, treasury management and capital markets businesses. View Source7: Executives from Old National Bancorp said in an earnings call Tuesday that the bank exceeded both analyst and internal predictions for earnings in its second quarter this year because of positive net interest margin trends and increased revenue from accelerated loan growth, improving asset yields and a lower-cost deposit base. View Source8: After acquiring CapStar, Old National paid out over $34 million in merger-related costs. Including the fees associated with the acquisition of CapStar, Old National's diluted earnings per share fell to $0.37. However, excluding these fees, the bank exceeded market expectations by two cents at $0.46 per share. This is a decrease from last year's second quarter, which saw earnings of $0.52 per share prior to the acquisition of CapStar. View Source9: Lowering target price to $16.00 OLD NATIONAL BANCORP has an Investment Rating of SELL; a target price of $16.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low. Rating Price Target Argus• 7 days ago   Rating decreased to a SELL OLD NATIONAL BANCORP has an Investment Rating of SELL; a target price of $18.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low. Rating Price Target Argus• 14 days ago   Raising target price to $18.00 OLD NATIONAL BANCORP has an Investment Rating of HOLD; a target price of $18.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low. Rating Price Target Argus• 21 days ago   What does Argus have to say about ONB? OLD NATIONAL BANCORP has an Investment Rating of HOLD; a target price of $17.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low. Rating Price Target Argus• 28 days ago View Source
NO

There is no evidence in the provided facts indicating that Old National Bancorp is launching any new product offerings. The available information focuses on their existing services, financial performance, and other operational aspects 10111213.
10: Old National Bank 21,217 followers 18h Report this post Eder Garcia Bautista grew up in Guatemala and moved to the U.S. when he was 12 years old. That’s why he takes great pride in assisting the Chicagoland area migrant and immigrant population because he knows first-hand the financial barriers they face. Learn more about how Old National assists migrants and immigrants with getting their start. https://bit.ly/4dhfqcn How Old National Bank Assists Migrants, Immigrants Getting Their Start in Chicagoland oldnational.com 21 Like Comment Share Old National Bank 21,217 followers 1d Report this post As we mark #DisabilityPrideMonth in July we highlight the work done, and the work still yet to be done, to advance disability inclusion. Learn more about Disability Pride Month and Old National’s commitment to workplace disability inclusion. https://bit.ly/3zTeBrG Disability Pride Month and Old National's Commitment to Workplace Disability Inclusion oldnational.com 21 Like Comment Share Old National Bank 21,217 followers 4d Edited Report this post It’s the journey, not the destination. Old National’s Corliss V Garner, CFP, CTFA features in the latest issue of Hoosier Banker magazine, sharing her personal story in the article, “Diversity, Equity & Inclusion: The Journey and Your Business.” https://bit.ly/3WtUrgH Diversity, Equity & Inclusion: The Journey and Your Business - Hoosier Banker https://hoosier-banker.thenewslinkgroup.org 23 Like Comment Share Old National Bank 21,217 followers 5d Report this post Don’t overlook one of the most important aspects of personal finances. Nearly 50 percent of Americans say that they have no life insurance coverage at all. Learn more about the role life insurance can play in your family’s financial picture. https://lnkd.in/eCRZVJD9 14 Like Comment Share Old National Bank 21,217 followers 6d Report this post Congratulations to Old National Chairman & CEO Jim Ryan, Chief Impact Officer Rafael A. Sanchez, and Board of Directors member Ryan Kitchell who were honored in the 3rd annual Indiana 250, a list of the state’s most influential and impactful business and community leaders! Learn more at indiana250.com. #Indiana250 236 11 Comments Like Comment Share Old National Bank 21,217 followers 1w Report this post Last week, interns from across our footprint convened in Indianapolis for our 2024 Mid-Summer Intern Connection. The two-day event featured volunteering, networking with the Indiana Banker’s Association and an event at Top Golf. Interns also got to hear from several ONB leaders and complete a Clifton Strengths Session. Thank you to everyone who played a part in making this event happen! +1 167 4 Comments Like Comment Share Old National Bank 21,217 followers 1w Report this post We are saddened to learn of the passing of Indiana icon and former ONB Board member Jim Morris, whose impact on our lives and our state will be felt for years to come. Our hearts are with his family as they mourn his passing. 121 1 Comment Like Comment Share Old National Bank 21,217 followers 1w Report this post Life’s milestones are meant to be celebrated, not stressed over. That’s where a formal financial plan can help. Talk to an Old National Private Wealth Advisor to learn more about our approach. https://bit.ly/3XY55xn …see more 5 Reasons to Have a Formal Financial Plan https://www.youtube.com/ 30 Like Comment Share Old National Bank 21,217 followers 1w Report this post If you're a business owner, opening a credit card account for your business could offer a lot of benefits. Let's take a closer look at a few of these features and how the right small business credit card can make managing your business easier. https://bit.ly/3LlZEkt The Little-Known Tools and Features of Top Business Credit Cards oldnational.com 25 Like Comment Share Old National Bank 21,217 followers 2w Report this post While many workers try their best to save regularly for retirement, it's not always easy. Many hope their Social Security benefits will make up the difference between what they have and what they need. Here are three common mistakes that could shrink your checks and how you can avoid them in retirement. https://bit.ly/3xG9Wc1 3 Ways You Could Be Leaving Some of Your Social Security Benefits on the Table oldnational.com 14 Like Comment Share View Source11: Old National Bancorp (NASDAQ: ONB) is the largest financial services holding company headquartered in Indiana. With approximately $45.7 billion in total assets, we rank among the top 35 banking companies in the U.S. Headquartered in Evansville, Indiana, and Chicago, Illinois, Old National Bancorp has financial centers in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota and Wisconsin. Since our founding in Evansville, Ind., in 1834, we have focused on community banking by building long-term, highly valued partnerships with our clients. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investments and brokerage services. For more information and financial data, please visit Investor Relations at oldnational.com. View Source12: Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, and capital markets services, as well as community development lending and equity investment solutions. The company was founded in 1834 and is headquartered in Evansville, Indiana. 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Find a Wealth Advisor Find a Private Banker Reach the Investment Strategies Team About Us Our Company Leadership Team Community Careers Diversity, Equity & Inclusion Partnership with CapStar Bank News and Insights Get Insights Read Press Releases View ESG Report Find a Location Resources Financial Lifestages Calculators Video Tutorials Insights Subscribe for Insights I want to... Calculate a Mortgage Payment Calculate If I Should Consolidate My Debts Calculate if an Auto Refinance Makes Sense Connect with a Banker About Your Financial Life Get Fraud Prevention Tips Customer Service & FAQs Hours & Locations Careers Investor Relations Welcome CapStar Bank View Source
Old National Bancorp's expansion strategy for 2024 through 2026 focuses on leveraging its recent acquisition of CapStar Bank to increase its presence in the Southeast market, including Nashville, Tennessee, and other vibrant Southeastern markets 1415. The company aims to drive growth through disciplined loan expansion, strong deposit franchise, and solid credit quality, supported by investments in new markets and talent within its footprint 16. Additionally, Old National plans to continue evaluating share buybacks and maintaining a peer-leading low-cost deposit franchise to sustain its financial performance 17.
14: Before moving to our second quarter highlights, I also want to provide you an update on our previously announced partnership with the Nashville-based CapStar Bank, which closed on April 1, and expanded our franchise to several strong and vibrant southeastern markets. I'm pleased to share that last week, we successfully completed all banking center and systems conversion for this partnership. As of July 15, all former CapStar branches have been converted to Old National banking centers, and all legacy CapStar team members are now operating in the Old National network. View Source15: "We achieved these outstanding results while also successfully closing on our CapStar Bank partnership and working to complete the associated systems integration," Ryan said. "Old National has meaningfully increased our presence in Nashville, Tennessee, while expanding our operations into several other vibrant Southeastern markets." View Source16: Good morning. Earlier today, Old National reported our second quarter 2024 results. Our earnings per share exceeded expectations due to better-than-expected revenue growth and lower expenses which led to positive operating leverage. These strong second quarter results were driven by our investments in new markets and talent in our footprint, supported by our peer-leading low-cost deposit franchise, solid credit performance and ample capital. We remain focused on the acceleration of our wealth management, treasury management and capital markets businesses. View Source17: Ryan added that Old National will continue to evaluate share buybacks, but doesn't believe it is necessary as of yet to buy back stock. "I think we'll just continue to evaluate each day to see if the tool makes sense to use at this point in time," Ryan said. "I don't think we need to rush into anything and we'll just let the back half of the year play out." View Source