Shares of Old National Bancorp (NASDAQ:ONB – Get Free Report) have been assigned an average rating of “Moderate Buy” from the twelve analysts that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $29.2727.
Several equities research analysts recently issued reports on ONB shares. Stephens lifted their price target on shares of Old National Bancorp from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Jefferies Financial Group reissued a “hold” rating and issued a $27.00 price objective on shares of Old National Bancorp in a research note on Wednesday. Citigroup boosted their target price on shares of Old National Bancorp from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday. TD Cowen upped their target price on Old National Bancorp from $30.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Barclays increased their target price on Old National Bancorp from $30.00 to $31.00 and gave the company an “overweight” rating in a research report on Tuesday, July 7th.
Read Our Latest Research Report on ONB
Old National Bancorp Price Performance Shares of ONB stock opened at $26.49 on Thursday. The business has a fifty day simple moving average of $25.13 and a 200 day simple moving average of $24.03. The company has a market cap of $10.23 billion, a P/E ratio of 11.77 and a beta of 0.83. The company has a quick ratio of 0.93, a current ratio of 0.90 and a debt-to-equity ratio of 0.89. Old National Bancorp has a twelve month low of $19.39 and a twelve month high of $27.32.
Old National Bancorp (NASDAQ:ONB – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The bank reported $0.65 EPS for the quarter, topping the consensus estimate of $0.63 by $0.02. The firm had revenue of $726.86 million during the quarter, compared to the consensus estimate of $716.25 million. Old National Bancorp had a return on equity of 16.16% and a net margin of 21.60%.The business’s quarterly revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.53 earnings per share. On average, sell-side analysts forecast that Old National Bancorp will post 2.58 EPS for the current fiscal year.
Old National Bancorp Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were issued a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Friday, June 5th. Old National Bancorp’s dividend payout ratio (DPR) is 25.78%.
Institutional Investors Weigh In On Old National Bancorp Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its stake in shares of Old National Bancorp by 2.0% during the first quarter. Royal Bank of Canada now owns 214,065 shares of the bank’s stock valued at $4,536,000 after acquiring an additional 4,153 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Old National Bancorp by 87.8% in the first quarter. Jones Financial Companies Lllp now owns 12,696 shares of the bank’s stock worth $269,000 after purchasing an additional 5,936 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Old National Bancorp by 8.2% in the first quarter. Goldman Sachs Group Inc. now owns 2,843,946 shares of the bank’s stock valued at $60,263,000 after purchasing an additional 215,203 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Old National Bancorp by 7.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 913,117 shares of the bank’s stock valued at $19,349,000 after purchasing an additional 64,110 shares during the period. Finally, Russell Investments Group Ltd. increased its holdings in Old National Bancorp by 6.1% in the second quarter. Russell Investments Group Ltd. now owns 53,853 shares of the bank’s stock valued at $1,149,000 after purchasing an additional 3,091 shares during the period. 83.66% of the stock is owned by institutional investors.
About Old National Bancorp (Get Free Report)
Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.
In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.
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Old National Bancorp (NASDAQ:ONB) reported what management described as a record second quarter for 2026, citing strong loan growth, fee income gains, expense control and continued capital returns to shareholders.
Chairman and CEO Jim Ryan said the quarter reflected “an exceptional” performance for the company, including record adjusted earnings per share, record net income and a record efficiency ratio. He said Old National generated an adjusted return on average tangible common equity of about 20% and an adjusted return on assets of 1.39%.
“These results show what happens when we stay focused on the fundamentals,” Ryan said, pointing to high-quality relationship growth, disciplined credit and expense management, investments in talent and technology, and tangible book value growth.
Loan Growth and Pipeline Strength Drive Quarter Old National said end-of-period loans increased by $1 billion, or 8% annualized, during the quarter. Ryan said the increase was driven by “robust, high-quality commercial production.” Commercial production reached $3.5 billion, while the company’s period-end commercial pipeline rose to a record $5.6 billion.
John, who reviewed the company’s financial results on the call, said total loans grew 8.3% annualized from the prior quarter, with balanced growth across commercial real estate and commercial and industrial portfolios. He said production was diversified across the commercial book and was predominantly floating rate.
During the question-and-answer session, Tim said the company is beginning to see larger loan opportunities in its middle-market C&I business, particularly in growth markets. However, Ryan added that the average C&I loan in the bank remains below $1 million, underscoring that Old National still handles a large number of smaller commercial loans.
Management said loan growth expectations have improved, and the company now expects full-year loan growth of 6% to 8%, supported by year-to-date results and the current pipeline.
Fee Businesses Outperform Expectations Fee income was another area of strength. Ryan said the company saw broad-based gains across all fee businesses and described the diversification as intentional, saying Old National is seeking to build “a stronger, more balanced earnings engine” that is less dependent on net interest income.
Adjusted non-interest income was $140 million for the quarter, exceeding management’s guidance. John said all fee businesses performed better than expected. He noted that the “other income” line was elevated by approximately $10 million due to market value adjustments, higher bank-owned life insurance income and an asset recovery. While those items were described as core, John said the line should run closer to first-quarter levels for the rest of the year.
In response to an analyst question, John said wealth management has been “terrific,” investments have been good, mortgage performed solidly and capital markets remained strong. He said Old National is “reasonably bullish” on capital markets revenue because of the company’s commercial pipelines and production levels.
Looking longer term, John said aggregate fee income growth is likely a mid- to high-single-digit growth item, with some businesses, including wealth and capital markets, having potential to grow at double-digit rates.
Expenses Controlled as Efficiency Ratio Hits Record Old National reported GAAP second-quarter earnings per share of $0.65. Excluding $12.1 million in merger-related expenses and a $13.2 million valuation gain tied to the settlement of the Bremer pension plan, adjusted earnings per share were also $0.65.
Adjusted non-interest expense totaled $360 million. John said expenses remained well controlled and drove positive operating leverage both sequentially and year over year. Ryan said the company’s adjusted efficiency ratio was 45.2%, marking the seventh straight quarter of positive year-over-year operating leverage.
Ryan said Old National is investing in technology, artificial intelligence and process improvements to make the company more scalable while maintaining expense discipline.
Net Interest Income Outlook Holds Steady Management left net interest income guidance unchanged, while noting it had been updated for the impact of a subordinated debt issuance. John said second-quarter net interest margin was affected by two basis points from the full-quarter impact of subordinated debt issued in late January and lower SOFR rates. Without those factors, he said the margin would have been up slightly.
John said net interest income growth should be supported by strong asset generation, stable funding costs, fixed-asset repricing and earning-asset remix opportunities. He said new money yields on securities are running about 100 basis points above back-book yields, while fixed-to-fixed loan repricing offers about 60 basis points of opportunity.
During the Q&A, John said management sees “more opportunities than challenges” in the second half of the year, citing higher average earning assets, repricing opportunities, the potential for SOFR to become a tailwind, remix opportunities and additional calendar days in both the third and fourth quarters.
Old National said total deposits increased 3.4% annualized, led by commercial and public fund growth, partly offset by seasonal retail tax outflows. Non-interest-bearing deposits remained 23% of total deposits. John said total deposit costs decreased by one basis point during the quarter, even as the company continued to pursue new client acquisition in a competitive deposit environment.
Credit and Capital Remain Management Priorities Credit quality improved in several areas. Ryan said non-accrual loans declined by $50 million, or 10%, from the prior quarter. John said non-accrual loans fell to 91 basis points of total loans, while criticized and classified loans decreased by $109 million during the quarter.
Net charge-offs were 26 basis points, or 22 basis points excluding charge-offs on purchased credit deteriorated loans. John said the allowance for credit losses to total loans, including the reserve for unfunded commitments, was 121 basis points, down one basis point from the prior quarter, primarily due to charge-offs on PCD loans and improved credit quality.
Old National’s capital position remained strong. The company’s CET1 ratio was 11.09%, and tangible book value per share increased 14% year over year. John said tangible book value per share grew 11% annualized from the prior quarter, even as the company absorbed Bremer-related charges, supported better-than-expected balance sheet growth and returned capital.
The company returned $163 million to shareholders in the quarter through dividends and share repurchases. That included $107 million of common stock repurchases, representing 4.4 million shares. John said Old National has $277 million remaining under its buyback program and expects to use the remaining authorization opportunistically through the plan period ending in February 2027.
Asked about capital levels, John said the company is comfortable with its position and has enough capital to support organic growth while continuing capital returns. Ryan said the company is balancing organic investment, tangible book value growth, strong capital ratios and shareholder returns.
Ryan closed by saying Old National does not need to rely on acquisitions to meet its goals and remains focused on organic growth, client relationships, investments in people and platforms, risk management and long-term shareholder value.
About Old National Bancorp (NASDAQ:ONB) Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.
In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.
SummaryOld National Bancorp delivered a strong Q2, with record net income of $249.4M and adjusted EPS beating consensus by $0.02.ONB posted robust 8.3% annualized loan growth, a stable net interest margin at 3.54%, and a record commercial lending pipeline of $5.6B.Credit quality remains excellent, with net charge-offs flat at 0.26% and nonaccrual loans improving to 0.91%; the efficiency ratio hit a record 45.2%.Despite strong fundamentals and raised guidance, ONB stock's valuation near $26 per share appears rich versus book, supporting a continued neutral stance.Looking for a helping hand in the market? Members of BAD BEAT Investing get exclusive ideas and guidance to navigate any climate. Learn More » Brian Logan/iStock via Getty Images
We are making significant progress in our ongoing Q2 regional bank earnings updates and understanding how the tough macro situation is impacting performance and the outlook for the group as a whole. If you regularly
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Old National Bancorp (ONB - Free Report) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +4.84%. A quarter ago, it was expected that this holding company for Old National Bank would post earnings of $0.6 per share when it actually produced earnings of $0.61, delivering a surprise of +1.67%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Old National Bancorp, which belongs to the Zacks Banks - Midwest industry, posted revenues of $740.06 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.55%. This compares to year-ago revenues of $654.37 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Old National Bancorp shares have added about 17.3% since the beginning of the year versus the S&P 500's gain of 9.7%.
What's Next for Old National Bancorp?While Old National Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Old National Bancorp was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.65 on $729.15 million in revenues for the coming quarter and $2.57 on $2.88 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Midwest is currently in the top 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, First Financial Corp. (THFF - Free Report) , is yet to report results for the quarter ended June 2026.
This holding company for First Financial Bank is expected to post quarterly earnings of $1.71 per share in its upcoming report, which represents a year-over-year change of +8.9%. The consensus EPS estimate for the quarter has been revised 0.5% higher over the last 30 days to the current level.
First Financial Corp.'s revenues are expected to be $72.05 million, up 14.3% from the year-ago quarter.
For the quarter ended June 2026, Old National Bancorp (ONB - Free Report) reported revenue of $740.06 million, up 13.1% over the same period last year. EPS came in at $0.65, compared to $0.53 in the year-ago quarter.
The reported revenue represents a surprise of +3.55% over the Zacks Consensus Estimate of $714.7 million. With the consensus EPS estimate being $0.62, the EPS surprise was +4.84%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Old National Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net interest margin (FTE): 3.5% versus 3.6% estimated by two analysts on average.Efficiency Ratio: 47% compared to the 50.6% average estimate based on two analysts.Net Interest Income (FTE): $586.5 million versus the two-analyst average estimate of $589.5 million.Total noninterest income: $153.56 million compared to the $125.2 million average estimate based on two analysts.View all Key Company Metrics for Old National Bancorp here>>>
Shares of Old National Bancorp have returned +3.4% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Old National Bancorp NASDAQ: ONB reported what management described as a record second quarter for 2026, citing strong loan growth, fee income gains, expense control and continued capital returns to shareholders.
Chairman and CEO Jim Ryan said the quarter reflected “an exceptional” performance for the company, including record adjusted earnings per share, record net income and a record efficiency ratio. He said Old National generated an adjusted return on average tangible common equity of about 20% and an adjusted return on assets of 1.39%.
“These results show what happens when we stay focused on the fundamentals,” Ryan said, pointing to high-quality relationship growth, disciplined credit and expense management, investments in talent and technology, and tangible book value growth.
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Loan Growth and Pipeline Strength Drive Quarter Old National said end-of-period loans increased by $1 billion, or 8% annualized, during the quarter. Ryan said the increase was driven by “robust, high-quality commercial production.” Commercial production reached $3.5 billion, while the company’s period-end commercial pipeline rose to a record $5.6 billion.
John, who reviewed the company’s financial results on the call, said total loans grew 8.3% annualized from the prior quarter, with balanced growth across commercial real estate and commercial and industrial portfolios. He said production was diversified across the commercial book and was predominantly floating rate.
During the question-and-answer session, Tim said the company is beginning to see larger loan opportunities in its middle-market C&I business, particularly in growth markets. However, Ryan added that the average C&I loan in the bank remains below $1 million, underscoring that Old National still handles a large number of smaller commercial loans.
Management said loan growth expectations have improved, and the company now expects full-year loan growth of 6% to 8%, supported by year-to-date results and the current pipeline.
Fee Businesses Outperform Expectations Fee income was another area of strength. Ryan said the company saw broad-based gains across all fee businesses and described the diversification as intentional, saying Old National is seeking to build “a stronger, more balanced earnings engine” that is less dependent on net interest income.
Adjusted non-interest income was $140 million for the quarter, exceeding management’s guidance. John said all fee businesses performed better than expected. He noted that the “other income” line was elevated by approximately $10 million due to market value adjustments, higher bank-owned life insurance income and an asset recovery. While those items were described as core, John said the line should run closer to first-quarter levels for the rest of the year.
In response to an analyst question, John said wealth management has been “terrific,” investments have been good, mortgage performed solidly and capital markets remained strong. He said Old National is “reasonably bullish” on capital markets revenue because of the company’s commercial pipelines and production levels.
Looking longer term, John said aggregate fee income growth is likely a mid- to high-single-digit growth item, with some businesses, including wealth and capital markets, having potential to grow at double-digit rates.
Expenses Controlled as Efficiency Ratio Hits Record Old National reported GAAP second-quarter earnings per share of $0.65. Excluding $12.1 million in merger-related expenses and a $13.2 million valuation gain tied to the settlement of the Bremer pension plan, adjusted earnings per share were also $0.65.
Adjusted non-interest expense totaled $360 million. John said expenses remained well controlled and drove positive operating leverage both sequentially and year over year. Ryan said the company’s adjusted efficiency ratio was 45.2%, marking the seventh straight quarter of positive year-over-year operating leverage.
Ryan said Old National is investing in technology, artificial intelligence and process improvements to make the company more scalable while maintaining expense discipline.
Net Interest Income Outlook Holds Steady Management left net interest income guidance unchanged, while noting it had been updated for the impact of a subordinated debt issuance. John said second-quarter net interest margin was affected by two basis points from the full-quarter impact of subordinated debt issued in late January and lower SOFR rates. Without those factors, he said the margin would have been up slightly.
John said net interest income growth should be supported by strong asset generation, stable funding costs, fixed-asset repricing and earning-asset remix opportunities. He said new money yields on securities are running about 100 basis points above back-book yields, while fixed-to-fixed loan repricing offers about 60 basis points of opportunity.
During the Q&A, John said management sees “more opportunities than challenges” in the second half of the year, citing higher average earning assets, repricing opportunities, the potential for SOFR to become a tailwind, remix opportunities and additional calendar days in both the third and fourth quarters.
Old National said total deposits increased 3.4% annualized, led by commercial and public fund growth, partly offset by seasonal retail tax outflows. Non-interest-bearing deposits remained 23% of total deposits. John said total deposit costs decreased by one basis point during the quarter, even as the company continued to pursue new client acquisition in a competitive deposit environment.
Credit and Capital Remain Management Priorities Credit quality improved in several areas. Ryan said non-accrual loans declined by $50 million, or 10%, from the prior quarter. John said non-accrual loans fell to 91 basis points of total loans, while criticized and classified loans decreased by $109 million during the quarter.
Net charge-offs were 26 basis points, or 22 basis points excluding charge-offs on purchased credit deteriorated loans. John said the allowance for credit losses to total loans, including the reserve for unfunded commitments, was 121 basis points, down one basis point from the prior quarter, primarily due to charge-offs on PCD loans and improved credit quality.
Old National’s capital position remained strong. The company’s CET1 ratio was 11.09%, and tangible book value per share increased 14% year over year. John said tangible book value per share grew 11% annualized from the prior quarter, even as the company absorbed Bremer-related charges, supported better-than-expected balance sheet growth and returned capital.
The company returned $163 million to shareholders in the quarter through dividends and share repurchases. That included $107 million of common stock repurchases, representing 4.4 million shares. John said Old National has $277 million remaining under its buyback program and expects to use the remaining authorization opportunistically through the plan period ending in February 2027.
Asked about capital levels, John said the company is comfortable with its position and has enough capital to support organic growth while continuing capital returns. Ryan said the company is balancing organic investment, tangible book value growth, strong capital ratios and shareholder returns.
Ryan closed by saying Old National does not need to rely on acquisitions to meet its goals and remains focused on organic growth, client relationships, investments in people and platforms, risk management and long-term shareholder value.
About Old National Bancorp (NASDAQ:ONB)Old National Bancorp NASDAQ: ONB is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.
In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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EVANSVILLE, Ind., July 22, 2026 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) reports 2Q26 net income applicable to common shares of $249.4 million, diluted EPS of $0.65; $250.4 million and $0.65 on an adjusted1 basis, respectively.
Bank of New York Mellon Corp cut its holdings in shares of Old National Bancorp (NASDAQ:ONB – Free Report) by 1.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,512,346 shares of the bank’s stock after selling 40,961 shares during the quarter. Bank of New York Mellon Corp owned about 0.91% of Old National Bancorp worth $77,623,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kemnay Advisory Services Inc. purchased a new position in Old National Bancorp during the 4th quarter valued at about $27,000. Flagship Harbor Advisors LLC acquired a new position in shares of Old National Bancorp in the fourth quarter valued at approximately $28,000. Los Angeles Capital Management LLC acquired a new position in shares of Old National Bancorp in the fourth quarter valued at approximately $36,000. JFS Wealth Advisors LLC increased its stake in Old National Bancorp by 811.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 1,604 shares of the bank’s stock worth $36,000 after buying an additional 1,428 shares during the period. Finally, Peterson Wealth Services increased its stake in Old National Bancorp by 9,711.8% during the 4th quarter. Peterson Wealth Services now owns 1,668 shares of the bank’s stock worth $37,000 after buying an additional 1,651 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several equities analysts have commented on the stock. Stephens boosted their price target on shares of Old National Bancorp from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Keefe, Bruyette & Woods lifted their target price on Old National Bancorp from $27.00 to $28.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Truist Financial boosted their target price on Old National Bancorp from $27.00 to $28.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. UBS Group started coverage on Old National Bancorp in a research report on Tuesday, July 7th. They issued a “buy” rating and a $32.00 price target on the stock. Finally, Barclays lifted their price objective on Old National Bancorp from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Tuesday, July 7th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $28.55.
Check Out Our Latest Analysis on Old National Bancorp
Old National Bancorp Stock Performance NASDAQ:ONB opened at $26.17 on Wednesday. Old National Bancorp has a 12 month low of $19.39 and a 12 month high of $27.32. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.93. The firm has a market capitalization of $10.11 billion, a PE ratio of 13.49 and a beta of 0.83. The business’s fifty day moving average price is $24.96 and its 200 day moving average price is $23.96.
Old National Bancorp (NASDAQ:ONB – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The bank reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.01. Old National Bancorp had a return on equity of 11.23% and a net margin of 18.90%.The firm had revenue of $702.70 million during the quarter, compared to the consensus estimate of $706.62 million. During the same period in the prior year, the company posted $0.45 earnings per share. The firm’s quarterly revenue was up 44.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Old National Bancorp will post 2.57 earnings per share for the current fiscal year.
Old National Bancorp Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were given a dividend of $0.145 per share. The ex-dividend date was Friday, June 5th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.2%. Old National Bancorp’s dividend payout ratio (DPR) is 29.90%.
About Old National Bancorp (Free Report)
Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.
In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.
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Old National Bancorp (ONB - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on July 22, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis holding company for Old National Bank is expected to post quarterly earnings of $0.62 per share in its upcoming report, which represents a year-over-year change of +17%.
Revenues are expected to be $714.7 million, up 9.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.26% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Old National Bancorp?For Old National Bancorp, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.53%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Old National Bancorp will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Old National Bancorp would post earnings of $0.6 per share when it actually produced earnings of $0.61, delivering a surprise of +1.67%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Old National Bancorp doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerPeoples Bancorp (PEBO - Free Report) , another stock in the Zacks Banks - Midwest industry, is expected to report earnings per share of $0.84 for the quarter ended June 2026. This estimate points to a year-over-year change of +40%. Revenues for the quarter are expected to be $119.65 million, up 4.5% from the year-ago quarter.
The consensus EPS estimate for Peoples Bancorp has remained unchanged over the last 30 days. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -1.43%.
This Earnings ESP, combined with its Zacks Rank #2 (Buy), makes it difficult to conclusively predict that Peoples Bancorp will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
EVANSVILLE, Ind., July 13, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – In celebration of its 20th anniversary and two decades of helping build stronger, more vibrant and prosperous communities, the Old National Bank Foundation is donating a total of $20,000 to 20 nonprofit organizations throughout its nine-state footprint.
Since its start in 2006, the Old National Bank Foundation has granted more than $40 million to nonprofit organizations in the communities Old National serves. The most recent grant cycle, with more than 200 grants awarded totaling more than $3 million, was the largest in the Foundation’s history.
“For 20 years, the (Old National Bank) Foundation has helped turn compassion into action and possibility into progress for communities across our footprint,” said Kathy Schoettlin, Old National Chief Communications, Culture, & Social Responsibility Officer. “While that legacy is something we are deeply proud of, what inspires us most is knowing there is still so much more impact we can make. As we look ahead, our commitment remains clear: to invest in the people, partnerships and organizations that help communities thrive for generations to come.”
‘20 for 20’ Campaign Honors Nonprofit Impact
As part of the anniversary celebration, the Foundation is launching "20 for 20: Celebrating Two Decades of Community Impact." This campaign will recognize 20 nonprofit organizations who have used past Foundation support to make a meaningful impact in the communities they serve. Each of the 20 nonprofit organizations will receive a $1,000 donation and be featured on oldnational.com through a weekly spotlight that runs through the end of the year.
“Our ‘20 for 20’ campaign recognizes 20 organizations that have helped strengthen communities and expand opportunity through their partnership with the Old National Bank Foundation,” said Old National Bank Foundation President Joe Kiser. “Their leadership, innovation, and commitment to serving others reflect the very best of what can happen when communities come together around a shared purpose. As we celebrate the Foundation’s 20th anniversary, these organizations represent the many communities, causes, and partnerships that have shaped the Foundation’s work over the past two decades.”
A Legacy of Commitment, A Future of Opportunity
For two decades, the Old National Bank Foundation has partnered with nonprofit organizations to support impactful programs and projects that create meaningful, lasting change. As part of Old National Bank's broader charitable giving efforts, the Foundation invests in initiatives designed to enhance quality of life and expand opportunities across the Bank's multi-state footprint, which stretches from the Upper Midwest into portions of the Southeast.
Recent Foundation grantees have included:
Hearts & Hammers Twin Cities (Minneapolis, MN) -- ONB Foundation funding enables free home-improvement assistance to low-income seniors, disabled individuals, and veteran homeowners, ensuring they can age in place safely.ChooseWell Communities (Louisville, KY) – ONB grant funding supports CWC’s Housing First initiative which ensures Louisville-area families remain anchored in safe, affordable housing as their parents navigate early recovery and their children’s crucial first five years.BizStarts Milwaukee (Milwaukee, WI) -- Through its funding, the ONB Foundation enables an ecosystem of training and support for new or emerging Milwaukee entrepreneurs from low- to moderate-income BIPOC communities.
Old National Bank Foundation Funding Priorities
Funding from the Old National Bank Foundation targets innovative programs that enhance the quality of life within Old National-served communities in support of the following strategic initiatives: Affordable Housing, Workforce Development, Economic Development and Financial Empowerment.
To learn more about the Old National Bank Foundation, and to view the ’20 for 20’ weekly recipient spotlights, click here.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $73 billion of assets and $39 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2026, Points of Light named Old National to “The Civic 50” for the third consecutive year – an honor recognizing the 50 most community-minded companies in the United States – and also named Old National the Financials Sector Leader among nominated banks and financial services organizations.
July 07, 2026 11:00 ET | Source: Old National Bancorp
EVANSVILLE, Ind., July 07, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”), the holding company of Old National Bank, today announced the following schedule for its second-quarter earnings release and conference call:
Earnings Release:Wednesday, July 22, 2026, at approximately 7:00 A.M. ET Conference Call:Wednesday, July 22, 2026, at 10:00 A.M. ET Dial-in Numbers:U.S./International: (833) 461-5787; Meeting ID 181 433 839 Webcast:Via Old National’s Investor Relations website at oldnational.com Webcast Replay:Available approximately two hours after completion of the call, until midnight ET on July 22, 2027, via Old National’s Investor Relations website at oldnational.com ABOUT OLD NATIONAL
Old National Bancorp is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $73 billion of assets and $39 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2026, Points of Light named Old National to “The Civic 50” for the third consecutive year – an honor recognizing the 50 most community-minded companies in the United States – and also named Old National the Financials Sector Leader among nominated banks and financial services organizations.
EVANSVILLE, Ind., June 23, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – For the third consecutive year, Old National Bank, a wholly-owned banking subsidiary of Old National Bancorp (“Old National”), has been named to Points of Light’s “The Civic 50.” This annual designation is reserved for the 50 most community-minded organizations in the United States, as determined by the Points of Light Foundation.
Old National was also named the 2026 Financials Sector Leader, recognizing the company as the leading financial services organization among this year’s “The Civic 50” honorees.
Now in its 14th year, The Civic 50 is the nation’s leading corporate social impact recognition program. Honorees are selected through a comprehensive assessment of corporate civic engagement across four dimensions: investment of resources, integration into business functions, institutionalization through policies and systems, and measurable impact.
“Being named to The Civic 50 reflects the heart and passion our team members bring to the communities we serve,” said Jim Ryan, Old National Chairman & CEO. “Caring for our communities is central to who we are, and our team members value making a meaningful difference through community engagement and by helping our clients build stronger financial futures.”
In 2025, Old National and its team members provided:
More than 67,500 hours of volunteer service across the bank’s nine-state footprint$13.6 million in total grants and sponsorships supporting more than 2,100 nonprofit and community-minded organizationsApproximately $721 million in Community Reinvestment Act (CRA)-eligible community development loans that supported affordable housing, economic development, and community services for low-to-moderate-income individuals and communities
“Community impact is woven into Old National’s culture, business strategy and values,” said Kathy Schoettlin, Old National Chief Communications, Culture, & Social Responsibility Officer. “Whether we’re helping small businesses grow, expanding access to financial literacy or advancing inclusion, we are focused on creating meaningful, lasting change in the communities we serve. This recognition reinforces that commitment and inspires us to keep moving forward.”
“Old National demonstrates how to embed purpose into the employee experience, build authentic relationships with communities and use business as a force for good,” said Jennifer Sirangelo, President and CEO of Points of Light. “Today’s leading companies understand that community engagement is more than a program, it’s a reflection of their commitment to advancing social impact in ways that strengthen both their company and the communities they serve.”
For more information about Old National’s commitment to clients and community, see our Community Action Report.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $73 billion of assets and $39 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2026, Points of Light named Old National to “The Civic 50” for the third consecutive year – an honor recognizing the 50 most community-minded companies in the United States – and also named Old National the Financials Sector Leader among nominated banks and financial services organizations.
ABOUT POINTS OF LIGHT
Points of Light is a nonpartisan, global nonprofit organization that inspires, equips and mobilizes millions of people to create positive change through volunteering and civic engagement. Through work with nonprofits, companies and social impact leaders, the organization galvanizes volunteers to meet critical needs in communities. As the world’s largest organization dedicated to increasing volunteer service, Points of Light engages more than 3.8 million volunteers across 32 countries. For more information, visit pointsoflight.org.
Old National Bancorp (NASDAQ: ONB - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the eleven brokerages that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company.
EVANSVILLE, Ind., March 30, 2026 (GLOBE NEWSWIRE) -- Old National Bank announced today that it has received an “Outstanding” overall rating — the highest possible — under the Community Reinvestment Act (CRA), recognizing the bank’s exceptional commitment to meeting the credit, investment and community service needs of the neighborhoods it serves. In a typical review cycle, fewer than 10% of U.S. banks earn an “Outstanding” rating.
The rating reflects Old National’s long‑standing dedication to expanding access to financial resources, supporting affordable housing initiatives, and fostering economic empowerment across low‑ and moderate‑income communities throughout its footprint. Evaluated by the Office of the Comptroller (OCC), this rating considered lending, investment, and community service activities from a quantitative and qualitative perspective between 2022 and 2024.
“This recognition affirms the work our teams do every day to partner with and uplift the communities we proudly serve,” said Old National Chairman and CEO Jim Ryan. “During the evaluation period, Old National provided nearly $2.4 billion in CRA-eligible community development loans that supported affordable housing, economic development, community services for low- and moderate-income people, and revitalization or stabilization of low-to-moderate income communities. Every dollar provided makes a positive impact on our communities.”
The CRA evaluation highlights Old National Bank’s ratings for each of the following areas:
The Lending Test – “Outstanding”: The OCC noted Old National’s significant level of Community Development lending activities and extensive use of innovative and flexible loan products to meet credit and community development needs. Three of the five Multistate Metropolitan Statistical Areas (MMSAs) assessed, and the State of Indiana performance, were rated Outstanding.The Investment Test – “Outstanding”: Old National had an excellent level of Community Development investments which were responsive to community needs throughout the rating areas. All five MMSAs were rated Outstanding in addition to the states of Indiana, Michigan, Minnesota, Tennessee and Wisconsin.The Services Test – “High Satisfactory”: Delivery systems were deemed accessible to geographies and individuals of different income levels. Old National had good levels of Community Development services which demonstrated responsiveness to community needs, leadership, and complexity. Three of the MMSAs were rated Outstanding.
During the course of the evaluation, Old National provided information highlighting more than 20,000 hours of volunteerism across 10 states, reflecting active board and committee service, financial education, technical assistance, and direct engagement with community-based organizations. The activities demonstrate sustained leadership and responsiveness at the local level. Old National also highlighted proprietary financial literacy programming, and partnerships with nonprofit organizations addressing critical community needs.
“We believe that healthy communities are the foundation of a strong financial institution,” said Old National Chief Community, Culture & Social Responsibility Officer Kathy Schoettlin. “Old National is proud to play a role in driving positive change and expanding opportunities for individuals and families across our markets.”
The CRA was enacted in 1977 to ensure banks meet the credit needs of all segments of their communities. An “Outstanding” rating is reserved for institutions that go above and beyond standard regulatory expectations in their community development activities. Old National Bank continues to deepen its investments, strengthen community partnerships, and expand financial inclusion initiatives as part of its ongoing commitment to responsible, community‑focused banking.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the sixth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $72 billion of assets and $37 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light named Old National one of "The Civic 50" -- an honor reserved for the 50 most community-minded companies in the United States.
March 31, 2026 15:00 ET | Source: Old National Bancorp
EVANSVILLE, Ind., March 31, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”), the holding company of Old National Bank, today announced the following schedule for its first-quarter earnings release and conference call:
Earnings Release: Wednesday, April 22, 2026, at approximately 7:00 A.M. ET
Conference Call: Wednesday, April 22, 2026, at 10:00 A.M. ET
Webcast: Via Old National’s Investor Relations website at oldnational.com
Webcast Replay: Available approximately one hour after completion of the call, until midnight ET on April 22, 2027, via Old National’s Investor Relations website at oldnational.com
Telephone Replay: U.S. (800) 770-2030; International: (609) 800-9909; Access code 9394540. The replay will be available approximately one hour after completion of the call until midnight ET on May 6, 2026
ABOUT OLD NATIONAL
Old National Bancorp is the holding company of Old National Bank. As the sixth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $72 billion of assets and $37 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light named Old National one of "The Civic 50" - an honor reserved for the 50 most community-minded companies in the United States.
EVANSVILLE, Ind., April 13, 2026 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) today announced a strategic alignment of its Commercial Banking leadership structure to better match leadership roles and responsibilities with the capabilities, reach, and complexity of its commercial clients. As part of this updated structure, Chris Doyle has joined Old National as President of Commercial Banking, and John C. Thurston has been promoted to President of Corporate Banking.
“We are thrilled to welcome Chris to Old National, and we are equally excited to welcome John into an expanded leadership role,” said Old National Chairman and CEO Jim Ryan. “This new alignment not only allows us to fully leverage the strengths and experience of both leaders, it also reflects the growing scale of our Commercial business and our commitment to providing exceptional, highly individualized service to all our commercial clients.”
Additionally, Old National is further aligning key Treasury Management and Commercial middle office functions. Joe Wicklander, president of Treasury Solutions & Payments, will continue to lead Treasury Management, Merchant Services, and the Financial Institutions Group while also taking on responsibility for Old National’s Foreign Exchange (FX) business and building out FinTech and Liquidity solutions. Tim Kocher will transition from Chief Credit Strategy Officer to Chief Service Delivery Officer, providing leadership that strengthens service delivery for Commercial Banking clients.
These leadership updates follow the departure of Commercial Banking CEO Jim Sandgren, who retired on April 1, 2026, after 34 years of service with the organization.
About Chris Doyle
Old National welcomes Chris Doyle as President of Commercial Banking. Doyle brings more than 20 years of banking experience, most recently serving as Commercial Regional Leader, SVP, at a super-regional bank, where he spent nine years supporting complex client transactions, growth strategies, capital needs, and succession planning.
In this new leadership role, Doyle will oversee Commercial & Industrial (C&I) Banking (including SBA lending and Agricultural lending), Middle Market Banking (including Asset-Based Lending, Small Business Investment Company, and Family Office), Commercial Real Estate and Expansion Markets.
Doyle is active in the local Cleveland-area community where he serves as a board member of Urban Community School (Board Chair), Boys and Girls Clubs of Greater Cleveland, Cleveland Clinic Children’s Hospital, and GESU Finance Council. He is also a member of Leadership Cleveland class of 2026. Chris earned a Bachelor of Business Administration in Finance from Saint Louis University.
About John C. Thurston
John C. Thurston, who joined Old National in 2023 and most recently served as Corporate Banking Director, has been appointed President of the Corporate Bank, which will serve Old National’s largest commercial banking clients. Thurston brings 30 years of industry experience spanning multiple geographies, lines of business, and industry verticals.
He has led teams across the country while driving strategic initiatives, new business development, and long‑term client growth strategies. In his expanded leadership role, Thurston will oversee Corporate Banking, Specialty Banking, and Capital Markets (including Syndications, Tax Credit, Term Loan B, Sponsor Finance, and Investment Banking/M&A).
A resident of Chicago for more than 30 years, John is highly active in the Chicago community, serving as a member of the Board of Directors at Christ the King Jesuit College Prep, as well as a Board Member at Mercy Home for Boys and Girls. He is the past Chairman of the Old St. Mary’s Church Finance Committee, and a member of the Old St. Mary’s School Finance Sub-committee and Amate House Board of Directors. John earned a Bachelor of Business Administration and Bachelor of Arts in Finance and Business Economics from the University of Notre Dame.
About Joe Wicklander
As President of Treasury Solutions & Payments, Joe Wicklander has modernized and enhanced Old National’s Treasury Management and Merchant Services offerings while also launching a Financial Institutions Group. He will continue to lead Treasury Management, Merchant Services, and the Financial Institutions Group with added responsibility for Old National’s Foreign Exchange (FX) business. Prior to joining Old National in 2023, he led the Financial Institutions Group for CIBC Bank in Chicago.
About Tim Kocher
Tim Kocher will transition from Chief Credit Strategy Officer to Chief Service Delivery Officer, providing operational leadership that strengthens service delivery for Commercial Banking clients. In this role, he will oversee Commercial Administration (including loan fulfillment and commercial support) and Treasury Management middle office functions, helping ensure consistent execution, strong controls, and a seamless client experience. Formerly a member of Bremer Bank’s executive leadership team, Kocher officially transitioned to Old National’s leadership with the completion of the bank’s Bremer Bank partnership in 2025.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the sixth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $72 billion of assets and $37 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light named Old National one of "The Civic 50" – an honor reserved for the 50 most community-minded companies in the United States.
Old National Bancorp (NASDAQ:ONB – Get Free Report) will likely be posting its Q1 2026 results before the market opens on Wednesday, April 22nd. Analysts expect Old National Bancorp to post earnings of $0.61 per share and revenue of $706.6220 million for the quarter. Interested persons may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Wednesday, April 22, 2026 at 10:00 AM ET.
Old National Bancorp (NASDAQ:ONB – Get Free Report) last released its quarterly earnings results on Wednesday, January 21st. The bank reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. Old National Bancorp had a net margin of 17.91% and a return on equity of 10.75%. The business had revenue of $698.53 million for the quarter, compared to analyst estimates of $705.62 million. During the same period last year, the firm earned $0.49 earnings per share. On average, analysts expect Old National Bancorp to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Old National Bancorp Price Performance ONB stock opened at $23.44 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.86. Old National Bancorp has a 12 month low of $18.83 and a 12 month high of $26.17. The firm has a market cap of $9.06 billion, a P/E ratio of 13.10 and a beta of 0.83. The company’s 50-day moving average price is $23.20 and its two-hundred day moving average price is $22.48.
Old National Bancorp Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Saturday, May 16th. Shareholders of record on Tuesday, May 5th will be issued a $0.145 dividend. This represents a $0.58 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, May 5th. Old National Bancorp’s dividend payout ratio (DPR) is currently 32.40%.
Analysts Set New Price Targets Several equities analysts have commented on ONB shares. Truist Financial raised their target price on shares of Old National Bancorp from $26.00 to $27.00 and gave the company a “buy” rating in a report on Monday, January 26th. UBS Group restated a “neutral” rating and issued a $26.00 price target on shares of Old National Bancorp in a research note on Wednesday, February 4th. Citigroup raised their price target on shares of Old National Bancorp from $28.00 to $29.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Royal Bank Of Canada raised their price target on shares of Old National Bancorp from $25.00 to $26.00 and gave the company a “sector perform” rating in a research note on Thursday, January 22nd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Old National Bancorp in a research report on Monday, December 29th. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.50.
Get Our Latest Stock Analysis on Old National Bancorp
Insider Transactions at Old National Bancorp In other Old National Bancorp news, insider Nicholas J. Chulos sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $25.05, for a total transaction of $751,500.00. Following the completion of the transaction, the insider owned 20,438 shares in the company, valued at approximately $511,971.90. This trade represents a 59.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.72% of the company’s stock.
Institutional Trading of Old National Bancorp Several hedge funds have recently modified their holdings of the stock. Morgan Stanley increased its stake in Old National Bancorp by 69.8% during the 4th quarter. Morgan Stanley now owns 6,776,716 shares of the bank’s stock valued at $151,189,000 after purchasing an additional 2,785,474 shares in the last quarter. First Trust Advisors LP increased its stake in Old National Bancorp by 37.5% during the 4th quarter. First Trust Advisors LP now owns 7,188,766 shares of the bank’s stock valued at $160,381,000 after purchasing an additional 1,961,525 shares in the last quarter. Balyasny Asset Management L.P. increased its stake in Old National Bancorp by 2,942.4% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,743,757 shares of the bank’s stock valued at $38,903,000 after purchasing an additional 1,686,442 shares in the last quarter. Verition Fund Management LLC increased its stake in Old National Bancorp by 51.3% during the 3rd quarter. Verition Fund Management LLC now owns 3,156,744 shares of the bank’s stock valued at $69,291,000 after purchasing an additional 1,070,282 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in Old National Bancorp during the 4th quarter valued at $22,977,000. Institutional investors own 83.66% of the company’s stock.
About Old National Bancorp (Get Free Report)
Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.
In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.
Further Reading Five stocks we like better than Old National Bancorp
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Shares of Old National Bancorp (NASDAQ:ONB – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the ten brokerages that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $27.50.
Several equities research analysts have recently weighed in on ONB shares. Royal Bank Of Canada upped their price target on shares of Old National Bancorp from $25.00 to $26.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 22nd. Barclays upped their price target on shares of Old National Bancorp from $29.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 7th. Citigroup upped their price target on shares of Old National Bancorp from $28.00 to $29.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Stephens began coverage on shares of Old National Bancorp in a research report on Friday, March 27th. They issued an “overweight” rating and a $27.00 price target for the company. Finally, National Bank Financial set a $30.00 target price on shares of Old National Bancorp in a research report on Thursday, January 22nd.
View Our Latest Research Report on Old National Bancorp
Old National Bancorp Price Performance Shares of ONB opened at $23.29 on Tuesday. The company has a 50 day moving average price of $23.11 and a 200-day moving average price of $22.49. Old National Bancorp has a fifty-two week low of $18.83 and a fifty-two week high of $26.17. The stock has a market capitalization of $9.00 billion, a PE ratio of 13.01 and a beta of 0.83. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.93 and a current ratio of 0.93.
Old National Bancorp (NASDAQ:ONB – Get Free Report) last announced its quarterly earnings results on Wednesday, January 21st. The bank reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.03. Old National Bancorp had a net margin of 17.91% and a return on equity of 10.75%. The firm had revenue of $698.53 million during the quarter, compared to analysts’ expectations of $705.62 million. During the same quarter in the prior year, the company earned $0.49 EPS. Equities analysts predict that Old National Bancorp will post 2.08 earnings per share for the current fiscal year.
Old National Bancorp Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Saturday, May 16th. Investors of record on Tuesday, May 5th will be given a dividend of $0.145 per share. The ex-dividend date of this dividend is Tuesday, May 5th. This represents a $0.58 dividend on an annualized basis and a yield of 2.5%. Old National Bancorp’s dividend payout ratio is presently 32.40%.
Insider Buying and Selling at Old National Bancorp In other news, insider Nicholas J. Chulos sold 30,000 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $25.05, for a total value of $751,500.00. Following the completion of the sale, the insider owned 20,438 shares of the company’s stock, valued at $511,971.90. This trade represents a 59.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.72% of the stock is owned by insiders.
Institutional Trading of Old National Bancorp Institutional investors have recently made changes to their positions in the business. MAI Capital Management boosted its position in shares of Old National Bancorp by 156.8% in the 3rd quarter. MAI Capital Management now owns 1,153 shares of the bank’s stock worth $25,000 after purchasing an additional 704 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of Old National Bancorp in the 4th quarter worth $27,000. Covestor Ltd boosted its position in shares of Old National Bancorp by 157.0% in the 3rd quarter. Covestor Ltd now owns 1,236 shares of the bank’s stock worth $27,000 after purchasing an additional 755 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Old National Bancorp in the 4th quarter worth $28,000. Finally, Rothschild Investment LLC boosted its position in shares of Old National Bancorp by 72.3% in the 3rd quarter. Rothschild Investment LLC now owns 1,275 shares of the bank’s stock worth $28,000 after purchasing an additional 535 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.
About Old National Bancorp (Get Free Report)
Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.
In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.
See Also Five stocks we like better than Old National Bancorp
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EVANSVILLE, Ind., April 20, 2026 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National” or the “Company”) has released its 2025 Community Action Report, which uses impactful storytelling, metrics, and photography to showcase Old National’s commitment to community investment, exceptional client service, team member and community engagement, sustainability, strong governance and ethics, and more.
“Throughout 2025, Old National team members strengthened our communities, supported small businesses, advanced affordable housing, and showed up in record numbers to serve others,” said Kathy Schoettlin, Old National’s Chief Communications, Culture & Social Responsibility Officer. “That impact is a direct reflection of who we are – a regional bank with community bank DNA, grounded in relationships, committed to understanding our clients’ needs, and leading with purpose in every market we serve.”
The 2025 Community Action Report includes more details about:
Old National’s commitment to clients, with a special emphasis on programs and products that address the needs of traditionally underserved individuals and communities.How Old National strengthened and served its communities in 2025, including $13.6 million in total grants and scholarships to more than 2,100 organizations, and more than 67,000 hours of volunteer time donated by team members.The robust learning and development resources Old National provides to engage team members and foster a culture of belonging and connection.Old National’s commitment to strong Risk Management and Corporate Governance. Old National’s 2025 Community Action Report can be found at oldnational.com/about-us/community. The publication includes Old National’s 2025 SASB (Sustainability Accounting Standards Board) Index, which provides industry-specific standards that assist companies in disclosing financially material sustainability information to investors.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the sixth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $72 billion of assets and $37 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light named Old National one of "The Civic 50" -- an honor reserved for the 50 most community-minded companies in the United States.
Wall Street analysts forecast that Old National Bancorp (ONB - Free Report) will report quarterly earnings of $0.60 per share in its upcoming release, pointing to a year-over-year increase of 33.3%. It is anticipated that revenues will amount to $704.83 million, exhibiting an increase of 44.8% compared to the year-ago quarter.
The current level reflects a downward revision of 0.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some Old National Bancorp metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus among analysts is that 'Net interest margin (FTE)' will reach 3.7%. The estimate is in contrast to the year-ago figure of 3.3%.
The consensus estimate for 'Efficiency Ratio' stands at 48.9%. The estimate compares to the year-ago value of 53.7%.
According to the collective judgment of analysts, 'Net Interest Income (FTE)' should come in at $589.33 million. Compared to the present estimate, the company reported $393.00 million in the same quarter last year.
Analysts predict that the 'Total noninterest income' will reach $119.50 million. The estimate is in contrast to the year-ago figure of $93.79 million.
View all Key Company Metrics for Old National Bancorp here>>>
Old National Bancorp shares have witnessed a change of +12.5% in the past month, in contrast to the Zacks S&P 500 composite's +9.3% move. With a Zacks Rank #2 (Buy), ONB is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Old National Bancorp (ONB - Free Report) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.6 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.11%. A quarter ago, it was expected that this holding company for Old National Bank would post earnings of $0.59 per share when it actually produced earnings of $0.62, delivering a surprise of +5.08%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Old National Bancorp, which belongs to the Zacks Banks - Midwest industry, posted revenues of $702.77 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.29%. This compares to year-ago revenues of $486.8 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Old National Bancorp shares have added about 6.5% since the beginning of the year versus the S&P 500's gain of 3.2%.
What's Next for Old National Bancorp?While Old National Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Old National Bancorp was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.63 on $715.5 million in revenues for the coming quarter and $2.58 on $2.89 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Midwest is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, First Financial Bancorp (FFBC - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on April 23.
This holding company for First Financial Bank is expected to post quarterly earnings of $0.71 per share in its upcoming report, which represents a year-over-year change of +12.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
First Financial Bancorp's revenues are expected to be $259.5 million, up 28.7% from the year-ago quarter.
For the quarter ended March 2026, Old National Bancorp (ONB - Free Report) reported revenue of $702.77 million, up 44.4% over the same period last year. EPS came in at $0.61, compared to $0.45 in the year-ago quarter.
The reported revenue represents a surprise of -0.29% over the Zacks Consensus Estimate of $704.83 million. With the consensus EPS estimate being $0.60, the EPS surprise was +1.11%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Old National Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net interest margin (FTE): 3.6% versus 3.7% estimated by two analysts on average.Efficiency Ratio: 48.3% versus the two-analyst average estimate of 48.9%.Net Interest Income (FTE): $580.42 million versus the two-analyst average estimate of $589.33 million.Total noninterest income: $122.35 million versus the two-analyst average estimate of $119.5 million.View all Key Company Metrics for Old National Bancorp here>>>
Shares of Old National Bancorp have returned +9.4% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Old National Bancorp delivered solid Q1 results, with strong credit quality and no signs of economic slowdown across its Midwest and Southeast footprint. ONB achieved 8% annualized loan growth and a record $5.5B commercial pipeline, while deposits grew 4.2% annualized and deposit costs declined. The bank posted a record efficiency ratio of 45.7%, strong return metrics, and manageable asset quality, though net interest margin compressed by 10 bps to 3.55%.
EVANSVILLE, Ind., May 04, 2026 (GLOBE NEWSWIRE) -- Old National Bank (“Old National”) at the end of April participated in the U.S. Department of the Treasury’s Financial Literacy Month Roundtable with Community Bank leaders in Washington, D.C., hosted by U.S. Treasury Secretary Scott Bessent and top department officials.
Old National team member Ben Joergens, Financial Empowerment Program Director and host of the bank’s Real-Life Finance® podcast, was one of 14 bank leaders sharing perspectives on the importance of financial literacy and local banks’ efforts to provide financial education in their communities.
“We know that financial literacy is the foundation for the long-term success of our clients and the bank,” Joergens said. “From budgeting basics to homeownership readiness, our workshops, along with our podcasts and videos, empower people of all ages to take control of their financial future.”
Old National has been nationally recognized for its commitment to financial education that strengthens individuals, families, and communities. Its Real-Life Finance® platform, delivered throughout the bank’s primarily Midwest and Southeast footprint, offers financial education through school programs, workshops, nonprofit partnerships, workforce programs and digital-only platforms, often in collaboration with nationally recognized initiatives such as Junior Achievement, Bank On, and large universities. The curriculum recently expanded to include “Dinero Inteligente,” delivering translated content for Spanish-only or primarily Spanish-speaking clients and families.
The Financial Literacy Month Roundtable with Community Bank Leaders roundtable was part of the U.S. Treasury Department’s concurrent work on updating a National Strategy for Financial Inclusion to increase access to transaction accounts and reduce unbanked households. Bessent reiterated the critical role community bankers play in their communities to expand financial education and create additional opportunities.
“In my own life experiences, as an economic historian, and now as the 79th Treasury secretary, it is my firm belief financial literacy is what fuels the American Dream,” Bessent said. “Understanding how to make informed financial decisions unlocks opportunity for every American and their families.”
U.S. President Donald Trump also reinforced the importance of financial education in his Presidential Message on National Financial Literacy Month.
“I urge all Americans to invest in themselves by increasing their financial literacy,” President Trump said, “because the American promise is fully achieved when our citizens take the initiative to save, invest, and build a glorious American future.”
For more information on Old National’s Real-Life Finance® platform, the podcast or educational videos, go to oldnational.com/about-us/community/financial-education-courses/real-life-finance.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the sixth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $73 billion of assets and $39 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light named Old National one of “The Civic 50” — an honor reserved for the 50 most community-minded companies in the United States.
EVANSVILLE, Ind., May 13, 2026 (GLOBE NEWSWIRE) -- Old National Bancorp (the “Company” or “Old National”) today announced that its Board of Directors declared a quarterly cash dividend of $0.145 per share on the Company’s outstanding shares of common stock. This quarterly cash dividend will be payable on June 15, 2026, to shareholders of record as of the close of business on June 5, 2026.
In addition, the Board of Directors declared a quarterly cash dividend of $17.50 per share (equivalent to $0.4375 per depositary share or 1/40th interest per share) on Old National’s 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (NASDAQ: ONBPP) and Series C (NASDAQ: ONBPO). The dividends are payable on August 20, 2026, to shareholders of record as of the close of business on August 5, 2026.
ABOUT OLD NATIONAL
Old National Bancorp is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $73 billion of assets and $39 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light named Old National one of "The Civic 50" - an honor reserved for the 50 most community-minded companies in the United States.
CHICAGO, May 28, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bank, a wholly-owned banking subsidiary of Old National Bancorp (“Old National”), has named Shane Print President of Commercial & Industrial (“C&I”) Banking, where he will lead the company’s C&I Banking business and help accelerate growth across the organization.
Print brings nearly 25 years of financial services experience, most recently serving as Senior Vice President, Commercial Banking Market Executive for a major U.S. bank in Chicago where he led commercial banking activities across multiple markets.
“We are excited for Shane to drive innovation, client engagement, and growth through his deep financial services experience,” said Old National Commercial Banking President Chris Doyle. “His leadership will help us further strengthen and expand our Commercial Banking business capabilities across C&I, Agribusiness and SBA lending.”
Print’s background spans retail, small business, healthcare, commercial, and corporate banking across the Midwest and Southeast, with experience building high-performing teams, fueling growth and innovation, and advancing strategic priorities across complex, multi-state markets.
He is also highly engaged in the Chicago business community where he presently serves as Chairman of the Better Business Bureau of Chicago & Northern Illinois and is a member of the Board of Governors for The Metropolitan Club. He previously served on the Board of Directors for the Chicagoland Chamber of Commerce and was a member of the Executives’ Club of Chicago. Over his career, he has contributed to numerous civic and philanthropic organizations and has been recognized with the Gallup Great Workplace Award for Leadership Excellence.
He will office out of Old National’s Chicago Triangle location and will report to Doyle.
Print succeeds current C&I Banking President Kevin Anderson, who will retire at the end of the year following a 43-year banking career.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $73 billion of assets and $39 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light named Old National one of “The Civic 50” – an honor reserved for the 50 most community-minded companies in the United States.
EVANSVILLE, Ind., June 11, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bank, a wholly-owned banking subsidiary of Old National Bancorp (“Old National”), has been awarded Bauer Financials’ 5-Star “Superior” rating, the highest distinction for financial strength and stability.
Bauer Financial, Inc., (“Bauer Financial”) is the nation’s leading independent bank rating firm whose 5-Star “Superior” rating recognizes institutions with exceptional financial performance, and are considered among the strongest in the country.
“This recognition reinforces the disciplined way we manage our business and the trust our clients place in us each and every day,” said Jim Ryan, Chairman and CEO of Old National. “We remain focused on long-term strength, prudent risk management, and consistently delivering value for our clients and communities. We are proud to be recognized as one of the nation’s strongest financial institutions.”
Old National’s performance reflects a long-standing commitment to cultivating relationships, disciplined lending, and steady, consistent growth across the Midwest and Southeast. Bauer Financial’s ratings are designed to help consumers understand the overall financial condition of banks and credit unions.
Old National’s financial strength supports its ongoing work with individuals, families, and businesses across the communities it serves.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $73 billion of assets and $39 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light named Old National one of “The Civic 50” – an honor reserved for the 50 most community-minded companies in the United States.
