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Old National Bancorp: Business Overview, Financials & Competitive Analysis

Old National Bancorp (NASDAQ: ONB) is a financial services bank holding company and the parent of Old National Bank, classified in the commercial banking industry with a focus on community-oriented banking and related...

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What's in This Report
Old National Bancorp OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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7/ 10Strong

Cyborg Score thesis

Solid regional bank benefiting from acquisition-driven growth and Midwest/Southeast market positioning with analyst consensus...

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Industry Commercial Banking / Regional Banking
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: June 15, 2026
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Old National Bancorp Overview

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Old National Bancorp (NASDAQ: ONB) is a financial services bank holding company and the parent of Old National Bank, classified in the commercial banking industry with a focus on community-oriented banking and related financial services. Headquartered in Evansville, Indiana, it is the sixth largest commercial bank headquartered in the Midwest with approximately $71 billion of assets, ranking among the top 25 banking companies headquartered in the United States.

Strategic Profile

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Old National Bank operates banking centers located primarily throughout the Midwestern and Southeastern United States, including Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, North Carolina, Tennessee, and Wisconsin. In 2025, Old National Bancorp's revenue was $2.30 billion, an increase of 30.60% compared to the previous year, with earnings of $653.12 million. The company's growth trajectory has been bolstered by strategic acquisitions, most notably the May 2025 Bremer Financial Corporation merger.

Competitive Landscape

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Old National Bancorp is the sixth largest commercial bank headquartered in the Midwest. The company competes in the regional banking space against other mid-sized institutions and larger national banks across its Midwest and Southeast footprint. The bank's community-oriented approach and wealth management services differentiate it in a competitive landscape where consolidation continues to shape regional banking dynamics.

Industry Context

Old National Bancorp operates in Commercial Banking / Regional Banking.

Key facts

Founded: 1834 · Headquarters: Evansville, Indiana · Revenue: $2.3B · Market cap: $9.7B

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The top findings that survived the multi-agent debate for Old National Bancorp.

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

U.S. BancorpMajor regional bank with extensive Midwest operationsTruist FinancialRegional bank with Southeast and broader footprintKeyBankMidwest and national regional banking platformPNC BankLarge regional bank with Midwest exposure

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Industry context

Old National Bancorp operates in Commercial Banking / Regional Banking. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Old National Bancorp do?+
Old National Bancorp (NASDAQ: ONB) is a financial services bank holding company and the parent of Old National Bank, classified in the commercial banking industry with a focus on community-oriented banking and related...
What is Old National Bancorp's Cyborg Score?+
Old National Bancorp has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Old National Bancorp's main competitors?+
Named competitors include U.S. Bancorp, Truist Financial, KeyBank, PNC Bank. The full competitive landscape is in the AskCyborg report.
How can I get the full Old National Bancorp research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Old National Bancorp research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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