Old National Bancorp Announces Pricing of Common Stock Offering Sep 23, 2009
Source: Old National Bancorp ... Sept. 22, 2009 (GLOBE NEWSWIRE) -- Old National Bancorp (NYSE: - ), the holding company for Old National Bank, today announced that it priced a public offering of 18 million shares of common stock at $10 per share ... About Old National Bancorp. (Primezone Releases)
Blankfein Deflects Public Backlash by Paying Geithner's Loans Back in Full Jul 24, 2009
Lawmakers were concerned that banks may shortchange taxpayers after Old National Bancorp, in Evansville, Indiana, paid less than half of fair market value for its warrants in May, according to valuations by Wilson and Pluris Valuation Advisors LLC.. It seems like there is a little bit more realism on the valuation from both the buyer and the seller in this case, that people are coming a little bit closer together, said , president of Pluris in New York. (Bloomberg -- US)
Charles D. Storms Resigns From Old National Bancorp Board Jul 24, 2009
Source: Old National Bancorp ... July 23, 2009 (GLOBE NEWSWIRE) -- Old National Bancorp (NYSE: - ) announced today that Charles D. Storms has resigned as a member of the Old National Bancorp Board of Directors ... Storms has been affiliated with Old National since 1975, serving initially as a director of Old National Bank before assuming a position on the Old National Bancorp Board of Directors in 1988. (Primezone Releases)
Old National Schedules Earnings Release and Conference Call / Web Cast Jul 9, 2009
Source: Old National Bancorp ... July 8, 2009 (GLOBE NEWSWIRE) -- Old National Bancorp (NYSE: - ) will release details of its second-quarter 2009 earnings before the market opens on Monday, July 27, 2009, and will hold a conference call with the financial community at 10:00 a.m. (Central), 11:00 a.m. (Eastern) that same day to discuss these results, strategic developments, and the company's financial outlook ... Old National Bancorp, celebrating its 175th anniversary in 2009, is the largest... (Primezone Releases)
Treasury Ready to Throw Away Billions Jul 2, 2009
One of the first banks to pay back their loan was Old National Bancorp of Evansville, Ind ... Linus Wilson, assistant professor of finance for the University of Louisiana at Lafayette, estimates that the Treasury only recouped 20 cents on the dollar of their original investment in Old National Bancorp, calling it "the worst deal the Treasury has made.". (Newsmax)
How You, the Taxpayer, Could Lose $9 Billion Jun 26, 2009
That deal was with Old National Bancorp of Evansville, Ind ... If the government had more possible buyers for the warrants other than only Old National Bancorp, that would likely have led to a higher price and more money back into taxpayers' pockets. (ABC News -- Business)
Old National Bancorp to Webcast Annual Shareholders' Meeting May 9, 2009
Press Release Source: Old National Bancorp ... May 8, 2009 (GLOBE NEWSWIRE) -- Old National Bancorp (NYSE: - ) will conduct its Annual Meeting of Shareholders on Tuesday, May 12, 2009 ... Old National Bancorp, celebrating its 175th anniversary in 2009, is the largest financial services holding company headquartered in Indiana and, with $8. (Primezone Releases)
New Jersey Bank Returns Money From Bailout Fund Apr 12, 2009
The two largest individual paybacks were made by Signature Bank of New York which returned $120 million and Old National Bancorp of Evansville, Ind. which returned $100 million. (ABC News -- Wire)
5 Banks Repay $353M in Bailout Funds Apr 3, 2009
Old National Bancorp. of Evansville, Ind. (ABC News -- Wire)
House OKs Bill Letting Treasury Set Banker Pay Apr 2, 2009
" Signature Bank of New York, Old National Bancorp of Indiana, Iberiabank of Louisiana, and Bank of Marin Bancorp of Novato, Calif., recently became the first four banks to return Tarp money. The total returned was almost $340 million. The Treasury estimates that at least $25 billion in Tarp funds will be returned. Several banking giants, including Goldman Sachs () and Bank of America (), have voiced plans or hopes to do so this year. But some smaller banks are less concerned. "We don't see it... (Investors Business Daily)
Why some banks returned rescue money Apr 2, 2009
A: Signature Bank, Old National Bancorp, Iberiabank and Bank of Marin Bancorp returned a total of $338 million, plus five percent interest. Q: If they didn't need the money, why did they take it. (AZCentral -- Business)
Stimulus bill's CEO salary caps affect small banks, too Feb 17, 2009
Old National Bancorp CEO Robert Jones, for instance, was paid $1. 5 million in 2007 but will get up to $6 million if his job is terminated. (USA Today -- Money)
