Old National Bancorp /In/ (NASDAQ: ONBPO)

Old National Bancorp is a financial holding company that owns Old National Bank its wholly owned banking subsidiary. The company is incorporated in Indiana and is the sixth largest Midwestern headquartered bank by asset size with consolidated assets of $72.2 billion at December 31 2025. It ranks among the top 25 banking companies headquartered in the United States. Its corporate headquarters are in Evansville Indiana while its commercial and consumer banking operations are headquartered in Chicago Illinois. Through Old National Bank and non bank affiliates the company provides a wide range of services primarily throughout the Midwest and Southeast regions of the United States including consumer and commercial banking wealth management and capital markets.

The company earns interest income on loans as well as fee income from the origination of loans and from providing other services to clients. Deposit accounts generate revenue through service fees on various accounts and interest paid on interest bearing deposits. Wealth management trust investment advisory brokerage and foreign currency services also contribute to fee based revenue. For businesses the company provides treasury management merchant and capital markets services as well as community development lending and equity investment solutions. These activities together form the core of Old National Bancorp’s revenue streams.

Old National Bancorp is the sixth largest Midwestern headquartered bank by asset size and ranks among the top 25 banking companies headquartered in the United States. The company competes with other commercial banks savings and loan associations credit unions mortgage banking firms FinTech companies consumer finance companies securities brokerage firms insurance companies money market mutual funds private equity and debt funds and other financial services providers. Many competitors are larger and have substantially greater resources than Old National Bancorp. The company’s competitive advantages stem from its community banking focus long term client relationships diversified product offerings and strong capital position. Its strategic acquisitions have expanded its footprint in the Midwest and Southeast while reinforcing its commitment to local markets.

Old National Bancorp serves individual consumers small businesses and commercial clients across its Midwest and Southeast footprint. The company provides depository services lending and wealth management solutions to retail customers and to corporate entities. Community development lending and equity investment solutions target local businesses and municipalities seeking to spur job creation and revitalization. Overall the customer base consists of a broad mix of retail households and commercial enterprises seeking traditional banking and related financial services.