Key Developments: Old National Bancorp (ONB.OQ)

ONB.OQ on NASDAQ Stock Exchange Global Select Market

19 Dec 2014
Price Change (% chg)

$-0.18 (-1.21%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Search Stocks

Latest Key Developments (Source: Significant Developments)

Old National Bancorp declares quarterly cash dividend - Form 8-K
Monday, 27 Oct 2014 09:05am EDT 

Old National Bancorp:Declared quarterly cash dividend of $0.11 per common share.Dividend is payable on Dec. 15 to shareholders of record on Dec. 1.For purposes of broker trading, ex-date of the cash dividend is Nov. 26.  Full Article

Old National Bancorp prices senior debt offering
Tuesday, 12 Aug 2014 05:56pm EDT 

Old National Bancorp:Prices underwritten public offering of $175 mln in aggregate principal amount of unsecured Senior Notes (Notes) due Aug. 15, 2024.Notes will bear interest at rate of 4.125 pct per year, payable on Aug. 15 and Feb. 15 of each year, commencing on Feb. 15, 2015.Notes were priced at 100 pct of their face amount.Offering is expected to close on Aug. 15.Sandler O'Neill + Partners, L.P. is sole underwriter for Notes offering.  Full Article

Old National Bancorp announces senior debt offering
Monday, 11 Aug 2014 08:47am EDT 

Old National Bancorp:Announces that it has commenced an underwritten public offering of $150 million of its unsecured Senior Notes.Notes will be offered and sold pursuant to an effective shelf registration statement.Says the base prospectus included in the registration statement, and a preliminary prospectus supplement relating to the offering of the Notes filed with the Securities and Exchange Commission.  Full Article

Old National Bancorp to acquire Lafayette-Based LSB Financial Corp
Wednesday, 4 Jun 2014 08:30am EDT 

Old National Bancorp:Execution of definitive agreement under which Old National will acquire LSB Financial through stock and cash merger.Shareholders of LSB Financial will receive 2.269 shares of Old National common stock and $10.63 in cash (fixed) for each share of LSB Financial common stock.Transaction is valued at about $41.67 per share of LSB Financial common stock, or about $66.7 mln.  Full Article

Old National declares quarterly cash dividend
Monday, 28 Apr 2014 09:00am EDT 

Old National Bancorp:Declares a quarterly cash dividend of $.11 per share.Payable on June 16, to shareholders of record on June 2.  Full Article

Old National Bancorp increases cash dividend 10 pct
Thursday, 23 Jan 2014 02:00pm EST 

Old National Bancorp:Says it has declared an increase in its common stock dividend to $.11 per share on the company's outstanding shares.Says this new dividend level represents a 10 pct increase over the previous cash dividend level of $.10 per common share.The dividend is payable Mar. 17, 2014, to shareholders of record on Mar. 3, 2014. For purposes of broker trading, the ex-date of the cash dividend is Feb. 27, 2014.  Full Article

Old National Bancorp's Old National Insurance to purchase Evansville-Based Wells Fargo Insurance Accounts
Friday, 29 Nov 2013 11:42am EST 

Old National Bancorp:Says its subsidiary Old National Insurance has agreed to purchase the insurance accounts presently serviced by the Evansville branch office of Wells Fargo Insurance.Says the purchase consists primarily of commercial property and casualty accounts.Says the sale is expected to be completed on Dec. 1, subject to customary closing conditions.  Full Article

Old National Bancorp to Partner With Tower Financial Corporation
Tuesday, 10 Sep 2013 08:20am EDT 

Old National Bancorp and Fort Wayne-based Tower Financial Corporation jointly announced that the execution of a definitive agreement under which Old National will acquire Tower Financial Corporation through a stock and cash merger. With nearly $680.9 million in total assets, and an additional $523.3 million in trust assets under management, Tower Financial Corporation is an Indiana bank holding company with Tower Bank & Trust Company (Tower Bank) as its wholly-owned subsidiary. Tower Bank currently operates six full-service banking centers in Fort Wayne and one in Warsaw, Ind., with total deposits of $581.6 million and $438.6 million in loans. Under the terms of the merger agreement, which was unanimously approved by the boards of both companies, shareholders of Tower Financial Corporation will receive 1.20 shares of Old National Bancorp common stock and $6.75 in cash (fixed) for each share of Tower Financial common stock. Based upon the September 5, 2013, closing price of $13.52 per share of Old National common stock, the transaction is valued at approximately $107.7 million. The transaction value is likely to change due to fluctuations in the price of Old National common stock. As provided in the merger agreement, the exchange ratio is subject to adjustment (calculated prior to closing) in the event shareholders' equity of Tower Financial Corporation is below a specified amount. The transaction is expected to close in the first quarter of 2014.  Full Article

Old National Bancorp Expects To Voluntarily Delist From NYSE And Intend To Transfer Listing To NASDAQ-Form 8-K
Thursday, 25 Jul 2013 05:16pm EDT 

Old National Bancorp reported in its Form 8-K that on July 25, Old National Bancorp (Company) provided written notice to the New York Stock Exchange (NYSE) that the Company expects to voluntarily delist the Company’s common stock, from the NYSE effective as of the close of trading on August 13, 2013, and intends to transfer its listing to the NASDAQ Global Select Market (NASDAQ), expecting to commence trading on the next trading day, August 14, 2013. The Company’s Common Stock has been approved for listing on NASDAQ, and will continue to trade under the symbol ONB.  Full Article

Old National Bancorp's Old National Bank Completes Acquisition Of Branches In Northern Indiana and Southwestern Michigan-DJ
Monday, 15 Jul 2013 09:15am EDT 

Dow Jones reported that Old National Bancorp announced that its banking subsidiary, Old National Bank, completed its previously announced acquisition of 24 retail bank branches of Bank of America, effective July 12, 2013. As a result of this transaction, Old National acquired approximately $575 million in deposits and $5 million in loans based on July 9, 2013 balances. The branches are located in the Northern Indiana cities of South Bend and Elkhart, and the Southwestern Michigan communities of Adrian, Battle Creek, Benton Harbor, Blissfield, Brooklyn, Constantine, Jackson, Kalamazoo, Niles, Paw Paw, Portage and St. Joseph.  Full Article

Search Stocks