Old National Bancorp (ONB)

Old National Bancorp's stock increased by +2.38% over the past six months. In October 2025, the company reported its third-quarter earnings, with revenues exceeding expectations but EPS lagging slightly, and also reported a net charge-off. In August 2025, a dividend of US$0.14 per share was announced. In February 2025, the company announced an equity buyback plan. The company finalized its $1.4 billion merger with Minnesota-based Bremer Bank in October 2025, creating a combined bank worth $70 billion.

Old National Bancorp's Q1 2025 earnings call transcript indicated that bank fees show normal seasonality. However, wealth, mortgage, and capital markets were reported as stable despite choppy market conditions during that quarter, suggesting consistent demand for a significant portion of their offerings.

Old National Bancorp (ONB) operates in the Financials sector, specifically within the Banks - Regional industry, providing a range of banking and financial solutions, including community banking, commercial, real estate, and consumer loans, as well as deposit accounts. The company also offers private banking, capital markets, brokerage, wealth management, trust, and investment advisory services, along with debit and ATM cards, online and mobile banking, treasury management, merchant services, foreign currency services, and community development lending and equity investment solutions.

Old National Bancorp's geographic footprint is concentrated across the Midwestern United States, with nearly 200 retail branches and 250 banking centers in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin. The company is headquartered in Evansville, Indiana, and has a presence in Chicago, Illinois.

Old National Bancorp has maintained a positive brand reputation, particularly in corporate social responsibility, being named one of "The Civic 50" honorees for 2025 by Points of Light for the second consecutive year. The company's leadership is focused on building a stronger franchise by leveraging its market position, investing in itself, and strategically recruiting top talent.

Major institutional owners of Old National Bancorp include Old National Bancorp itself, holding approximately 11.45% of the company's shares. Other significant institutional holders as of October 2025 include Fuller & Thaler Asset Management with 4.38% ownership, Undiscovered Managers Behavioral Value Fund Class L with 3.67%, American Century Companies with 3.23%, and Macquarie Group holding 2.78% of the shares. Overall, the total shares owned by institutions increased by 1.82% in the three months leading up to October 2025.