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Stock impact report

Old National to partner with St. Paul, Minn.-based Bremer Financial Corporation [Yahoo! Finance]

Old National Bancorp (ONB) 
Last old national bancorp earnings: 4/20 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The partnership will expand Old National's reach into Minnesota, North Dakota, and Wisconsin, and create a bank with over $70 billion in assets. The transaction is expected to close in mid-2025, subject to regulatory approvals and Bremer shareholder approval. The Otto Bremer Trust, a private charitable trust and majority owner of Bremer, will retain an 11% stake in Old National and have a representative on the Old National Board of Directors. Bremer, with $16.2 billion in total assets, bolsters Old National's presence in the Twin Cities and expands its footprint into several other vibrant Midwestern markets EVANSVILLE, Ind. and ST. PAUL, Minn., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) (“Old National”) and Bremer Financial Corporation (“BFC” or “Bremer”) jointly announced today that they entered into a definitive merger agreement. Founded in 1943, BFC is the bank holding company for Bremer Bank. As of September 30, 2024, Bremer had $16.2 billion in tot Show less Read more
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