About Old National Bank
Old National Bank is a company based in Evansville (United States) founded in 1834.. The company has 4,070 employees as of December 31, 2024. Old National Bank has completed 7 acquisitions, including AnchorLink, Bremer Bank and Founders Financial. Old National Bank offers products and services including Checking Account, Savings Account, Mortgages, Credit Cards, and Digital Banking. Old National Bank operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
- Headquarter Evansville, United States
- Employees 4070 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Old National Bancorp
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Annual Revenue
$2.96 B16.54as on Dec 31, 2024
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Net Profit
$539.19 M-7.35as on Dec 31, 2024
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
4070
as on Dec 31, 2024
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Investments & Acquisitions
AnchorLink
& 6 more
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IPO & Listings of Old National Bank
Old National Bank is a publicly listed company on the NASDAQ with ticker symbol ONB in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Old National Bank
Old National Bank offers a comprehensive portfolio of products and services, including Checking Account, Savings Account, Mortgages, Credit Cards, and Digital Banking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Account for daily transactions and payments with bonus offers.
Account to earn interest on deposits and build savings.
Loans for home purchases with current rate options.
Cards for payments and rewards through digital access.
Platform for mobile check deposits and bill payments.
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Leadership Team
128 people
Software Development Team
115 people
Legal and Compliance
19 people
Human Resources and Administration
13 people
Mortgage Team
8 people
Sales and Marketing
7 people
Banking Team
7 people
Branch Team
6 people
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Funding Insights of Old National Bank
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2011 | Amount | Grant - Old National Bank | Valuation |
investors |
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| Jul, 2008 | Amount | Grant - Old National Bank | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Old National Bank
Old National Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include U.S. Department of the Treasury. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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The U.S. Department of the Treasury is tasked with formulating and implementing fiscal policy for the United States government.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Old National Bank
Old National Bank has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include AnchorLink, Bremer Bank and Founders Financial. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Commercial banking services are provided to businesses and individuals.
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2002 | ||||
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Commercial banking services are provided to businesses and individuals.
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1998 | ||||
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Second-party asset management platform is provided for investments and consulting.
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1992 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Old National Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Old National Bank Comparisons
Competitors of Old National Bank
Old National Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking and wealth management services are offered globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Old National Bank
Frequently Asked Questions about Old National Bank
When was Old National Bank founded?
Old National Bank was founded in 1834 and raised its 1st funding round 174 years after it was founded.
Where is Old National Bank located?
Old National Bank is headquartered in Evansville, United States. It is registered at Evansville, Indiana, United States.
How many employees does Old National Bank have?
As of Dec 31, 2024, the latest employee count at Old National Bank is 4,070.
What is the annual revenue of Old National Bank?
Annual revenue of Old National Bank is $2.96B as on Dec 31, 2024.
What does Old National Bank do?
Old National Bank was founded in 1834 in Evansville, United States, and operates as a commercial bank within the financial sector. Core activities include deposit accounts, commercial lending, and related services for businesses and individuals. The bank maintains operations primarily in the Midwest and Southeast regions. In 2022, annual revenues were recorded at 2.03 billion, alongside a net profit of 0.6 billion.
Who are the top competitors of Old National Bank?
What products or services does Old National Bank offer?
Old National Bank offers Checking Account, Savings Account, Mortgages, Credit Cards, and Digital Banking.
Is Old National Bank publicly traded?
Yes, Old National Bank is publicly traded on NASDAQ under the ticker symbol ONB.
How many acquisitions has Old National Bank made?
Old National Bank has made 7 acquisitions, including AnchorLink, Bremer Bank, and Founders Financial.
Who are Old National Bank's investors?
Old National Bank has 1 investor. Key investors include U.S. Department of the Treasury.
What is Old National Bank's ticker symbol?
The ticker symbol of Old National Bank is ONB on NASDAQ.
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