An update from Old National Bancorp Capital ( (ONB) ) is now available.
On May 1, 2025, Old National Bancorp completed its merger with Bremer Financial Corporation, significantly enhancing its market presence and operational scale. This merger, which included the integration of Bremer Bank into Old National Bank, positions Old National among the top 25 U.S. banking companies and increases its Community Growth Plan commitments to $11.1 billion. The merger also sees the addition of Daniel Reardon to the Old National Board of Directors, further strengthening its leadership team.
Spark’s Take on ONB Stock
According to Spark, TipRanks’ AI Analyst, ONB is a Outperform.
Old National Bancorp scores well due to its strong financial performance, particularly its revenue growth and zero-debt position. The successful Bremer Bank partnership and robust deposit growth highlighted in the earnings call contribute positively. However, challenges such as declining net profit margins, substantial investing cash outflows, and economic uncertainties slightly offset these strengths.
To see Spark’s full report on ONB stock, click here.
More about Old National Bancorp Capital
Old National Bancorp is a prominent financial institution headquartered in the Midwest, primarily serving clients in the Midwest and Southeast regions of the United States. With roots dating back to 1834, the company offers a wide range of services in consumer and commercial banking, wealth management, and capital markets. As the fifth largest commercial bank in the Midwest, Old National manages approximately $70 billion in assets and $37 billion in assets under management, ranking it among the top 25 banking companies in the U.S.
YTD Price Performance: -4.54%
Average Trading Volume: 3,027,068
Technical Sentiment Signal: Sell
Current Market Cap: $6.57B
See more data about ONB stock on TipRanks’ Stock Analysis page.