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Old National Bancorp Announces Schedule for Fourth-Quarter and Full-Year 2024 Earnings Release and Conference Call
Newsfilter· 2025-01-08 14:15
Earnings Announcement Schedule - Old National Bancorp will release its fourth-quarter and full-year 2024 earnings on Tuesday, January 21, 2025, at approximately 7:00 AM ET [1] - A conference call will follow at 10:00 AM ET on the same day, with dial-in numbers provided for both U S and international participants [1] - A webcast of the call will be available on Old National's Investor Relations website, with a replay accessible until midnight ET on January 20, 2026 [1] - A telephone replay will also be available until midnight ET on February 4, 2025 [1] Company Overview - Old National Bancorp is the holding company of Old National Bank, the sixth largest commercial bank headquartered in the Midwest [2] - The company primarily serves clients in the Midwest and Southeast, with approximately $54 billion in assets and $31 billion in assets under management [2] - Old National ranks among the top 30 banking companies headquartered in the United States, tracing its roots back to 1834 [2] - The company focuses on building long-term partnerships with clients and supporting communities, offering services in consumer and commercial banking, wealth management, and capital markets [2] - In 2024, Old National was named one of "The Civic 50" by Points of Light, recognizing it as one of the most community-minded companies in the United States [2] Contact Information - Investor Relations can be reached via Lynell Durchholz at (812) 464-1366 or lynell durchholz@oldnational com [3] - Media Relations can be contacted through Rick Vach at (904) 535-9489 or rick vach@oldnational com [3]
Old National Bancorp Announces Schedule for Fourth-Quarter and Full-Year 2024 Earnings Release and Conference Call
Globenewswire· 2025-01-08 14:15
Earnings Announcement Schedule - Old National Bancorp will release its fourth-quarter and full-year 2024 earnings on Tuesday, January 21, 2025, at approximately 7:00 AM ET [1] - A conference call will follow at 10:00 AM ET on the same day, with dial-in numbers provided for both U S and international participants [1] - A webcast of the conference call will be available on the company's Investor Relations website, with a replay accessible for one year [1] - A telephone replay will also be available until February 4, 2025 [1] Company Overview - Old National Bancorp is the holding company of Old National Bank, the sixth largest commercial bank headquartered in the Midwest [2] - The company primarily serves clients in the Midwest and Southeast regions of the United States [2] - With approximately $54 billion in assets and $31 billion in assets under management, Old National ranks among the top 30 banking companies in the U S [2] - The company traces its roots back to 1834 and focuses on building long-term partnerships with clients while supporting local communities [2] Business Operations - Old National provides extensive services in consumer and commercial banking [2] - The company also offers comprehensive wealth management and capital markets services [2] - In 2024, Old National was named one of "The Civic 50" by Points of Light, recognizing it as one of the most community-minded companies in the U S [2]
ONB to Expand Midwest Presence With $1.4B Bremer Acquisition, Stock Up
ZACKS· 2024-11-26 16:25
Shares of Old National Bancorp. (ONB) rose 6% on Monday, hitting a new 52-week high of $23.76 as the bank announced its decision to acquire Bremer Financial Corp. (“Bremer”). The transaction is valued at $1.4 billion. The consideration will be paid through 50 million shares of ONB and $315 million in cash.Details of the Acquisition Pursued by Old National Bancorp.Per the agreement, Old National Bancorp will pay $26.22 per share in cash with a fixed exchange ratio of 4.182 ONB shares for each share of Bremer ...
Old National Bank Earns 2025 Military Friendly® Employer, Supplier, Brand Designations
GlobeNewswire News Room· 2024-11-22 15:58
EVANSVILLE, Ind., Nov. 22, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”) announced today that it has earned the 2025 Military Friendly® Employer designation, evaluated from both public data sources and responses from a proprietary survey. More than 1,200 companies participated in this year’s Military Friendly® survey. Results for the 2025 recognitions, published by G.I. Jobs magazine, recognized Old National in four award categories: The top Gold Award as a Military Friendly ...
Old National Launches Financial Education Podcast, Videos
GlobeNewswire News Room· 2024-11-13 15:00
EVANSVILLE, Ind., Nov. 13, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”) is expanding upon its long-standing commitment as a leader in the financial education space with two new, engaging digital initiatives: a Real-Life Finance Podcast, and a Smart Money Half-Minute video series. The Real-Life Finance Podcast is a complement to Old National’s popular Real-Life Finance eLearning education platform and in-person workshops. Hosted by Old National Financial Empowerment Director ...
Old National, Axletree Solutions Collaborate for New Level of Secure Transaction Messaging Leveraging Swift
GlobeNewswire News Room· 2024-10-28 15:13
EVANSVILLE, Ind., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp ("Old National") and Axletree Solutions today announced an innovative collaboration whereby Axletree will host Old National Bank's Swift architecture, providing a new level of highly-secure transaction messaging. This will ensure endto-end control and complete transparency of banking transactions via Swift (Society for Worldwide Interbank Financial Telecommunication). Axletree Solutions, a "Software as a Service" provider specializing ...
Old National Bancorp (ONB) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-22 15:01
Old National Bancorp (ONB) reported $492.01 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 6.5%. EPS of $0.46 for the same period compares to $0.51 a year ago.The reported revenue represents a surprise of +1.95% over the Zacks Consensus Estimate of $482.6 million. With the consensus EPS estimate being $0.46, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...
Old National Bancorp (ONB) Matches Q3 Earnings Estimates
ZACKS· 2024-10-22 14:35
Old National Bancorp (ONB) came out with quarterly earnings of $0.46 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this holding company for Old National Bank would post earnings of $0.44 per share when it actually produced earnings of $0.46, delivering a surprise of 4.55%.Over the last four quarters, the company has surpassed consensus EPS estimates two time ...
Old National Bancorp(ONB) - 2024 Q3 - Quarterly Results
2024-10-22 11:34
Exhibit 99.1 Old National Bancorp Reports Third Quarter 2024 Results Evansville, Ind. (October 22, 2024) Old National Bancorp (NASDAQ: ONB) reports 3Q24 net income applicable to common shares of $139.8 million, diluted EPS of $0.44; $147.2 million and $0.46 on an adjusted basis, respectively. 1 CEO COMMENTARY: "Old National's strong 3rd quarter was driven by a focus on our fundamentals: continuing to grow deposits and loans, effectively managing both credit and capital, and creating positive operating lever ...
Here's Why Old National (ONB) Stock is Worth Buying Right Now
ZACKS· 2024-08-08 16:00
Old National Bancorp (ONB) is well-positioned on strong loan growth, high interest rates and strategic initiatives. Moreover, solid liquidity and efforts to improve fee income are likely to support its financials. Over the past 30 days, the Zacks Consensus Estimate for 2024 and 2025 earnings has remained unchanged. ONB currently carries a Zacks Rank #2 (Buy). Over the past year, shares of Old National have gained 7.3%. Let's dig deeper into the factors that make ONB stock worth buying now. Earnings Growth: ...