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Fly News Breaks for June 7, 2018
ONB
Jun 7, 2018 | 17:26 EDT
DA Davidson analyst Kevin Reevey initiated Old National Bancorp with a Neutral rating and $20 price target, with the analyst stating that Old National Bancorp should "trade at a premium to its peers, given its attractive & low-cost funding base, as well as its continued positioning in attractive geographies in the Midwest."
News For ONB From the Last 2 Days
ONB
Apr 24, 2024 | 05:31 EDT
Barclays raised the firm's price target on Old National Bancorp to $21 from $20 and keeps an Overweight rating on the shares. The analyst cites the bank's solid earnings outlook and potential for capital return for the target bump.
ONB
Apr 23, 2024 | 08:04 EDT
Reports Q1 revenue $440.233M, consensus $439.91M. "Old National's positive quarterly results were highlighted by continued growth in our granular, peer-leading deposit franchise, disciplined loan growth, a year-over-year tangible book value increase, and stable credit quality," said Chairman and CEO Jim Ryan. "We accomplished these strong results while driving toward a successful close of our partnership with Nashville-based CapStar Bank."