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WKN: A0DPKZ / ISIN: US05969A1051

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25.07.2025 14:22:46

Old National Bancorp Grows Q2 Revenue

Old National Bancorp (NASDAQ:ONB), a regional banking company, reported quarterly results on July 22, 2025, covering the second quarter of fiscal 2025. The headline news was the successful closing of the Bremer acquisition, which contributed to substantial growth in loans, deposits, and fee income. Non-GAAP earnings per share reached $0.53, beating the consensus non-GAAP EPS estimate of $0.52. Overall, the quarter reflected solid execution on strategic initiatives, driven by both organic expansion and merger activity, alongside stable credit and capital trends.Old National Bancorp is a regional banking company providing commercial and consumer banking, wealth management, and capital markets services across the Midwest. It has grown its presence through mergers and acquisitions, which expand its asset base and geographic reach. The scale-up means a broader footprint and the ability to serve more clients with a diverse array of financial services.Recently, the company has focused on growth via mergers, such as its acquisitions of CapStar and most notably, Bremer. Key success factors include maintaining strong regulatory compliance and managing financial health. Human capital management and a competitive service offering are also central to its strategy, with attention to both organic growth and synergy realization from recent deals.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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