Old National Bancorp ONB

ONB Company Overview

Old National Bancorp (NASDAQ: ONB) is a U.S. regional bank holding company headquartered in Evansville, Indiana, operating primarily through its banking subsidiary, Old National Bank. The company provides a broad range of financial services including commercial and consumer banking, wealth management, brokerage, capital markets, and treasury management services. ONB operates within the banking and financial services industry, with revenue primarily generated through net interest income from lending activities and noninterest income derived from service fees, wealth advisory services, mortgage banking, and capital markets activities.

The company’s primary customer base includes middle-market commercial clients, small businesses, institutional customers, and retail consumers across the Midwestern and Southeastern United States. Old National has historically pursued a community banking model combined with selective scale expansion through acquisitions. Its strategic positioning has been strengthened by regional density in core Midwest markets, diversified commercial lending capabilities, and expanded fee-based services. Founded in 1834 as the Evansville National Bank, the institution evolved through multiple mergers and acquisitions over nearly two centuries. A major milestone occurred in 2022 through the merger with First Midwest Bancorp, significantly expanding ONB’s asset base and geographic footprint.