In Q3 FY2021 (ended September 30, 2021), Old National Bancorp reported revenue of $31.8 million, up 6.1% year-over-year. Net income was $233.7 million, a 61.5% increase, with diluted EPS of $0.59, up 34.1%.
•Revenue of $31.8 million, up 6.1% YoY.
•Net income of $233.7 million, up 61.5% YoY.
•Diluted EPS of $0.59, up 34.1% YoY.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Old National Bancorp is the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States. It accepts deposit accounts, such as noninterest-bearing demand, interest-bearing checking and negotiable order of withdrawal, savings and money market, and time deposits, as well as loans including home equity lines of credit, residential real estate loans, and consumer loans
Loans to commercial clients comprising commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing. Additionally, it offers debit and automated teller machine cards, telephone access and online banking, and electronic and mobile banking services private banking, wealth management, trust, investment advisory, brokerage, and foreign currency services.
Its portfolio also includes treasury management, merchant, and capital markets services for businesses, and community development lending and equity investment solutions. Founded in 1834, Old National Bancorp is headquartered in Evansville, Indiana.
Old National Bancorp is a bank holding company for Old National Bank, providing a wide range of consumer and commercial banking services across the United States. For consumers, it offers deposit accounts such as noninterest-bearing demand, interest-bearing checking, savings, money market, and time deposits, along with loans including home equity lines of credit, residential real estate loans, and consumer loans. It also provides debit and ATM cards, telephone and online banking, and mobile banking services. For businesses, it offers commercial loans, commercial real estate loans, agricultural loans, letters of credit, lease financing, treasury management, merchant services, and capital markets solutions. Additionally, the company delivers private banking, wealth management, trust, investment advisory, brokerage, and foreign currency services, as well as community development lending and equity investment solutions.
Where is Old National Bancorp (ONB) listed and what currency does it trade in?
Old National Bancorp is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol ONB. Its shares are traded in US dollars (USD), reflecting its primary operations in the United States. The company is headquartered in Evansville, Indiana, and its stock is available to investors through US-based brokerage platforms.
What sector and industry does Old National Bancorp (ONB) belong to?
Old National Bancorp operates in the Financial Services sector, specifically within the Banks - Regional industry. As a regional bank, it focuses on providing banking and financial services to individuals and businesses primarily in the United States. Its activities include accepting deposits, making loans, and offering various financial products such as wealth management, trust services, and investment advisory. The regional bank classification indicates that it serves a specific geographic area rather than operating on a national or global scale, though its services are available across multiple states.
Where is Old National Bancorp (ONB) headquartered and what markets does it serve?
Old National Bancorp is headquartered in Evansville, Indiana, United States. Founded in 1834, it has a long history of serving customers primarily in the US market. As a regional bank, its operations are concentrated in the United States, offering consumer and commercial banking services through its subsidiary, Old National Bank. The company provides deposit accounts, loans, and a variety of financial services including wealth management, treasury management, and capital markets solutions to clients across the country. Its focus on the US market is reflected in its currency (USD) and its listing on the NasdaqGS exchange.
How does Old National Bancorp (ONB) make money?
Old National Bancorp generates revenue primarily through net interest income from its lending and deposit activities. It earns interest on loans such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, and lease financing. It also earns fees from deposit accounts, including noninterest-bearing demand, interest-bearing checking, savings, money market, and time deposits. Additionally, the company generates non-interest income from services like treasury management, merchant services, capital markets services, wealth management, trust, investment advisory, brokerage, and foreign currency services. Community development lending and equity investments also contribute to its revenue stream.