St. Paul-based Bremer Bank to be acquired in $1.4 billion merger with Old National Bank [Yahoo! Finance]
Old National Bancorp (ONB)
Last old national bancorp earnings: 4/20 07:00 am
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Source: Yahoo! Finance
The deal, which still requires regulatory approval and approval by Bremer shareholders, would combine Bremer's $16.2 billion in assets with Old National's nearly $54 billion to create a bank with more than $70 billion in total assets. "This partnership represents an outstanding fit between two highly compatible, relationship- and community-focused banks," Old National Chairman and CEO Jim Ryan said in a joint announcement released Monday, Nov. 25. Ryan said what has made Bremer Bank a leading institution since 1943 aligns closely with the "strategic priorities and cultural principles that have guided Old National's success for 190 years: a strong deposit franchise, a diversified loan portfolio accentuated by exceptional credit quality, and a passion for investing in and strengthening communities." "For more than 80 years, we've been honored to carry out the legacy of our founder, Otto Bremer," said Jeanne Crain, president and CEO of Bremer. "When our majority shareholder, the
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ONB
Earnings
- 10/22/24 - In-Line
ONB
Sec Filings
- 12/19/24 - Form 4
- 12/11/24 - Form 4
- 12/10/24 - Form 4
- ONB's page on the SEC website