Evansville, Indiana-based Old National Bancorp (NASDAQ: ONB) (“Old National”) and St. Paul, Minnesota-based Anchor Bancorp, Inc., (“Anchor”) jointly announced today the execution of a definitive agreement under which Old National will acquire Anchor through a stock and cash merger.
Today Old National Bancorp (the “Company” or “Old National”) (NASDAQ:ONB) reported 2nd quarter 2017 net income of $38.9 million, or $0.28 per diluted share.
Old National Bank, in cooperation with its Abilities First Associate Resource Group, is raising awareness to encourage lawmakers to update the Symbol of Accessibility sign from “handicapped” to “reserved,” and update the Symbol. All are invited to sign the petition which can be found at www.changethesign.com .
Kendra Vanzo – EVP, Associate Engagement and Integration for Old National Bank – was honored as one of two recipients of the 2017 Ogletree Deakins Human Resources Professional of the Year award.
Today Old National Bancorp (the “Company” or “Old National”) (NASDAQ: ONB) reported 1st quarter 2017 net income of $36.0 million, or $0.27 per diluted share. Included in the current quarter were $1.4 million in pre-tax branch consolidation charges related to the 15 banking centers that were consolidated by the Company in January 2017. This current quarter net income represents an increase of 33.4% over the 1st quarter of 2016 net income of $27.0 million and a 7.6% increase over 4th quarter 2016 net income of $33.5 million.
Old National Bank is sponsoring a $45,000 cash giveaway to benefit local nonprofit organizations. The winners will be chosen by the community. This promotion is only available for Old National banking centers in Wisconsin.
The World's Most Ethical Companies recognition honors those companies who lead with integrity and align principle with action. Old National earned the award for the 6th consecutive year.
Old National Bancorp has named Michael W. Woods Principal Accounting Officer of the Company, effective immediately. Mr. Woods will replace Joan Kissel, who is transitioning to the role of Chief Audit Officer and Ethics Officer.
Old National Bank (NASDAQ: ONB) is pleased to announce the promotion of Bob Smith as its Northwest Region President. Smith will oversee the activities in Old National’s Northwest Region which includes the communities of Lafayette, West Lafayette, Williamsport, Covington, Danville, Rockville, Clinton, Terre Haute, Greencastle and Marshall.
Old National Bank (NASDAQ: ONB) is pleased to name Dan Doan as Fort Wayne Region President. He will retain his responsibilities as CEO of Old National’s Central Super Region, which includes Northeast, Northwest and Northern Regions.
Today Old National Bancorp (the “Company” or “Old National”) (NASDAQ: ONB) reported full-year 2016 net income of $134.3 million, or $1.05 per diluted share. This net income represents an increase of 15.0% over full-year 2015 net income of $116.7 million, or $1.00 per diluted share, and represents the highest yearly earnings in the Company’s history. The successful conversion and integration of the Company’s largest partnership, strong loan growth and consistently low credit metrics all contributed to this positive year-over-year performance.
Old National Bank is recognized with the Seal of Distinction for the 5th consecutive year from WorldatWork, a nonprofit HR association and compensation authority.
During International Fraud Awareness Week – Nov. 13th to Nov. 19th – Old National Bank is joining companies throughout the world in an effort to educate and protect citizens from financial exploitation schemes.
Old National Bancorp reported 3rd quarter 2016 net income of $34.7 million, or $0.25 per share. Included in the current quarter were pre-tax merger and integration charges of $5.5 million related to the recently completed partnership with Anchor BanCorp Wisconsin Inc. (“Anchor”).
Madison, Wisc. (Sept. 12, 2016) – This past weekend (Friday evening through Sunday), all 46 AnchorBank offices were converted to Old National Bank facilities. The conversion included both banking systems and signage, with all offices re-opening today with existing staff in place. Twenty-one of the banking centers are in Madison, with additional branches concentrated in Milwaukee and Fox Valley.
As part of its ongoing effort to create more sustainable communities, Old National Bank is donating 150 computers to the Digital Divide Project in Madison, Wisconsin. The equipment donation is part of Old National’s partnership with AnchorBank. All AnchorBank branches will be converted to Old National banking centers this weekend.
Evansville, Ind. (August 18, 2016) – Old National Bank (NASDAQ: ONB) is pleased to announce the promotion of Mark Bradford to Indianapolis Region CEO. He will retain his responsibilities as CEO of the North Central Region, which includes Bloomington and Columbus. Bradford had been serving as Old National’s interim Indianapolis Region CEO since June.
Today Old National Bancorp reported 2nd quarter 2016 net income of $39.1 million, or $0.31 per share. These quarterly results compare to net income of $27.0 million in the 1st quarter of 2016 and $26.2 million recorded in the 2nd quarter of 2015.
