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Stock impact report

Old National reports 1st quarter earnings, announces $1.2 million commitment to COVID-19 relief efforts and support programs for clients

Old National Bancorp (ONB) 
Last old national bancorp earnings: 4/20 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
EVANSVILLE, Ind., April 20, 2020 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) reports 1Q20 net income of $22.6 million, diluted EPS of $0.13.Adjusted1 net income of $42.1 million, or $0.25 per diluted share. CEO COMMENTARY: “While we are pleased with our 1st quarter progress and the implementation of the ONB Way strategic initiatives, our commitment and focus today is on supporting our clients, team members and communities during the COVID-19 pandemic,” said Chairman & CEO Jim Ryan. “With this goal in mind, we are giving $1.2 million to COVID-19 relief efforts - both immediate and near-term - while also working diligently to help our clients take advantage of our own internal relief programs and the various government support programs. I’d also like to thank our team members for their hard work and unwavering commitment to serving our clients and communities during this difficult time.” FIRST QUARTER HIGHLIGHTS2: Net Income Net income of $22.6 millionEarnings pe Show less Read more
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