Fly News Breaks for July 23, 2018
Jul 23, 2018 | 12:48 EDT
Stephens analyst Terry McEvoy said the value of Old National Bancorp's stable low-cost deposit base was evident again in Q2 and he feels sentiment around the bank's M&A strategy has improved. Following the company's earnings report, he raised his price target on Old National shares to $22 and keeps an Overweight rating on the stock, which is up 3.7% to $19.90 in early afternoon trading.
News For ONB From the Last 2 Days
Apr 22, 2019 | 06:32 EDT
Reports Q1 provision for loan losses $1.0M compared to $3.4M last year; and net charge-offs $900,000, or 0.03% annualized, compared to net charge-offs of $600,000 last year.