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Old National Bancorp

Old National Bancorp is a bank holding company based in Evansville, Indiana, USA. The company operates through its subsidiary, Old National Bank, which provides a range of banking services to individuals, businesses, and institutions.

Old National Bancorp's stock is listed on the NASDAQ stock exchange under the ticker symbol "ONB." As of February 10, 2023, the company has a market capitalization of approximately $4.8 billion.

Old National Bancorp's business operates in two segments: Community Banking and Specialized Financial Services. The Community Banking segment offers a range of financial services, including deposit accounts, loans, credit cards, and wealth management services. The Specialized Financial Services segment provides asset management, investment advisory, and brokerage services.

As of December 31, 2021, Old National Bancorp had approximately $24.8 billion in assets, $16.2 billion in loans, and $19.9 billion in deposits. The company operates in Indiana, Kentucky, Michigan, Minnesota, and Wisconsin.

Old National Bancorp's financial performance has been strong in recent years. In 2021, the company reported net income of $275.5 million, up from $211.9 million in 2020. The company's return on average assets (ROAA) and return on average equity (ROAE) were 1.30% and 11.29%, respectively, in 2021.

Old National Bancorp has a long history, tracing its roots back to 1834. The company has a reputation for community involvement and has been recognized for its commitment to diversity and inclusion.

It's important to note that investing in the stock market always carries risk, and past performance is not indicative of future results. Investors should conduct their own research or consult with a financial advisor before making investment decisions.

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