Mission Statement, Vision, & Core Values of Old National Bancorp (ONB)

You're looking at Old National Bancorp (ONB) not just as a regional bank, but as a financial institution whose stated purpose must translate into tangible results, especially as they manage $71.21 billion in total assets as of September 2025. Does a mission to help clients and communities thrive actually drive the kind of performance that led to a $140.6 million net income in Q1 2025, or is it just corporate window dressing? We need to know if their Core Values-like Integrity and Agility-are truly embedded in the strategy that guides a top 25 U.S. bank, or if they're defintely just words on a page.

In a banking environment where deposit flight and interest rate volatility are real risks, culture is a key differentiator. How does Old National's Vision to be the bank of choice translate into practical decisions about capital allocation or community reinvestment, and what does that mean for your investment thesis?

Old National Bancorp (ONB) Overview

You're looking for a clear, no-nonsense assessment of Old National Bancorp (ONB), and the headline is that their strategic growth-especially the Bremer Bank integration-has fundamentally reshaped their scale and profitability profile in 2025. This isn't your grandfather's regional bank anymore; they've become a major player in the Midwest and Southeast.

Old National Bancorp traces its roots back to 1834, making it one of the longest-standing financial institutions in the US. Today, it operates as the largest bank holding company headquartered in Indiana, focusing on building long-term, highly valued partnerships with clients across the Midwest and Southeast. They offer a diversified portfolio of services, which is key to their stability.

• Retail Banking: Checking, savings, mortgages, and consumer loans.
• Commercial Banking: Loans, lines of credit, treasury management, and capital markets services.
• Wealth Management: Financial planning, investment advisory, and trust services.

As of November 2025, the company manages approximately $71 billion in total assets and holds $38 billion in assets under management, a significant leap due to their recent strategic moves. That's a serious balance sheet.

Q3 2025 Financial Performance: A Post-Merger Surge

Honesty, the third quarter of 2025 was a massive inflection point, showing the real payoff from the Bremer Bank merger completed earlier in the year. The numbers are defintely strong, proving the integration is working faster than many analysts expected. You need to focus on the adjusted figures, as they strip out one-time merger costs, giving you a cleaner look at core profitability.

The company reported Q3 2025 revenue of $705.07 million, surpassing analyst expectations. But the real story is in the adjusted net income, which hit $231.3 million for the quarter. Here's the quick math: this translated to an adjusted Earnings Per Share (EPS) of $0.59, marking a powerful 28% year-over-year increase.

The core engine of their business, Net Interest Income (NII)-the profit from lending money-was a robust $582.6 million on a fully taxable equivalent basis for Q3 2025. This jump was directly driven by the full-quarter impact of the Bremer partnership and higher asset yields. Plus, they managed to grow their deposit base, with period-end total deposits reaching $55.0 billion, and core deposits rising at a strong 5.8% annualized rate. That's a great sign of client confidence and operational momentum.

Old National Bancorp's Industry Position

Old National Bancorp has cemented its position not just as a regional bank, but as a top-tier financial institution. With approximately $71 billion in assets, they rank among the top 25 banking companies headquartered in the United States and are the sixth largest commercial bank in the Midwest. They're playing in the big leagues now.

Their Q3 2025 performance, particularly the adjusted Return on Average Tangible Common Equity (ROATCE) of 20.1%, shows they are using shareholder capital incredibly efficiently. That kind of return profile is what drives significant capital generation and future growth. They've successfully completed the core systems conversion for the Bremer Bank acquisition, meaning the heavy lifting is done, and they are now positioned to fully realize the synergies and market expansion. If you want to dive deeper into the nuts and bolts of what's driving this success, you should check out the detailed breakdown: Breaking Down Old National Bancorp (ONB) Financial Health: Key Insights for Investors

Old National Bancorp (ONB) Mission Statement

You're looking for the bedrock of Old National Bancorp's (ONB) strategy-what truly drives their decisions beyond the quarterly earnings call. The mission statement is exactly that: a compass that guides their $71 billion in assets and their approach to every client interaction. It's not just a feel-good phrase; it maps directly to their operational focus and capital allocation.

Old National Bancorp's mission is clear: 'With deep roots as a trusted partner, we invest our time, heart and expertise so that our clients and communities thrive.' This statement is a powerful commitment, essentially breaking down into three actionable pillars-a focus on partnership, a dedication of resources, and a measurable outcome of shared prosperity. It's a simple sentence, but it dictates how they deploy capital and talent.

Pillar 1: Investing Our Expertise for Client Thriving

The core of a financial institution is its expertise, and Old National Bancorp commits to investing this knowledge to help you, the client, succeed. This isn't about selling a product; it's about being a trusted partner, which is why they emphasize Excellence and Agility in their core values.

Their Q3 2025 financial results show the scale of this commitment. The company reported adjusted net income of $231.3 million, driven by a net interest margin of 3.64%. This financial strength and scale, which positions Old National Bancorp as a top 25 U.S. bank, allows them to invest in the technology and talent required for high-quality service. For example, they recently introduced a new small business digital banking platform to provide modern money movement and comprehensive business management tools, reflecting a tangible investment in their client-facing expertise. You can dig deeper into the market perception of this performance by Exploring Old National Bancorp (ONB) Investor Profile: Who's Buying and Why?

• Deploy expertise for client-centric solutions.
• Maintain financial strength for strategic technology investment.
• Focus on Excellence in every service delivery.

Pillar 2: Committing Our Time and Heart to Community Growth

The 'heart' and 'time' components of the mission speak directly to their role as a community bank, even with their $71 billion in assets. This is where their values of Inclusion and Collaboration come into play. Honestly, a bank is only as strong as the communities it serves, so this is a smart, long-term risk management strategy, not just philanthropy.

In 2025, Old National Bancorp expanded its five-year Community Growth Plan to $11.1 billion. This massive commitment is specifically designed to foster lending, investment, and service opportunities for underserved populations. Plus, the company was recognized in 2025 as one of 'The Civic 50,' an honor for being among the most community-minded companies in the U.S. That's a concrete measure of action, not just words. They aren't just writing checks; they are dedicating time, as evidenced by the 67,000 volunteer hours their team members logged in 2024.

Pillar 3: The Outcome-Clients and Communities Thrive

The mission's ultimate goal is a reciprocal relationship where both clients and communities thrive. This is the ultimate metric of success, moving beyond simple profit to shared prosperity. It's a trend-aware realist view: a financially defintely healthy client base and robust local economies mean a stronger bank.

The integration of the Bremer Bank partnership in Q2 2025, which added $11.5 billion in core deposits, was a strategic move that aligns with this mission. It gave Old National Bancorp greater scale and density in the Upper Midwest, positioning them to serve a broader client base more effectively. This strategic expansion, combined with strong credit quality-nonaccrual loans were just 1.23% of total loans in Q3 2025-shows that their client-centric approach is financially sound. A thriving client base is one with manageable debt and growing deposits, which ultimately strengthens the bank's balance sheet for the long haul.

Old National Bancorp (ONB) Vision Statement

Old National Bancorp's strategic direction is clear: to be the preferred bank for all key stakeholders-clients, communities, and employees. This focus is directly tied to their impressive balance sheet expansion, with total assets reaching approximately $71.21 billion as of the third quarter of 2025, a significant jump that solidifies their position as a top 25 U.S. bank.

The core philosophy, or Mission, is simple but powerful: to invest time, heart, and expertise so that clients and communities thrive. This isn't corporate fluff; it's the operational mandate that underpins their Vision, which is: To be the bank of choice that helps our clients fulfill their dreams, passionately supports our communities, and invests in the growth and development of our team members.

Here's the quick math on why this matters: a clear, stakeholder-focused Vision drives performance, as evidenced by the adjusted Return on Average Tangible Common Equity (ROATCE) hitting a strong 20.1% in Q3 2025. That's a defintely strong return profile for a regional bank. You can see how this strategy has evolved over time by reviewing Old National Bancorp (ONB): History, Ownership, Mission, How It Works & Makes Money.

Helping Clients Fulfill Their Dreams

The first pillar of the Vision is all about the client. In practical terms, this means being the trusted partner who provides the capital and services clients need to grow their businesses or buy their first home. The bank's success here is quantifiable in its core banking activities.

As of the third quarter of 2025, Old National Bancorp reported total loans of approximately $48.0 billion, a book of business that directly reflects client dream-fulfillment, from commercial real estate to consumer mortgages. The strength of their funding-the money they use to make those loans-comes from a robust deposit base, which stood at a period-end total of $55.0 billion in Q3 2025. That loan-to-deposit ratio of 87% provides strong liquidity, which is exactly what you want to see. Clients are trusting them with their money, and they are putting that money to work.

• Grow the loan book: Total loans reached $48.0 billion.
• Maintain strong funding: Total deposits hit $55.0 billion.
• Focus on commercial: Commercial loan production was $2.8 billion in Q3 2025.

Passionately Supporting Our Communities

The second pillar, community support, is where the Mission and Vision statements most clearly intersect. For a bank, community thriving isn't just about charity; it's about economic development, especially in underserved areas. This is a non-negotiable part of their identity.

Old National Bancorp expanded its five-year Community Growth Plan in 2025 to a massive commitment of $11.1 billion. This plan is the concrete action behind the Vision, channeling funds into lending, investment, and services for low- and moderate-income individuals and communities. This isn't a vague promise; it's a specific capital allocation strategy.

Their community impact also extends beyond dollars. While the 2025 volunteer hours are still being tallied, the bank's team members logged 67,000 volunteer hours in 2024, demonstrating a deep, personal investment of time and heart. This community-first approach is key to their regional leadership, especially following the successful integration of Bremer Bank in May 2025, which expanded their footprint across the Midwest and Southeast.

Investing in the Growth and Development of Our Team Members

The final component recognizes that a bank is only as good as the people who serve the clients. Investing in team members is critical for maintaining the high-touch, community-bank feel even as the institution grows to over $71 billion in assets.

This is where the Core Values become the operating manual. The culture is rooted in six non-negotiable values: Integrity, Inclusion, Excellence, Collaboration, Optimism, and Agility. These values are the framework for team member development, ensuring that as the bank expands, the client experience remains consistent and high-quality.

For example, the value of Agility is a direct response to the fast-moving financial technology (FinTech) landscape. It means the bank is open to change and innovation, like the core systems conversion for Bremer Bank completed in Q3 2025, which enhances integration and efficiency. This commitment to a strong, inclusive culture is what allows them to attract and retain top talent, which is the only way to sustain a 20.1% adjusted ROATCE.

Old National Bancorp (ONB) Core Values

You want to know if a company's stated values actually translate into real-world performance and community impact. For Old National Bancorp (ONB), the answer is yes; their six core values are directly tied to their strategic moves, like the expansion of their Community Growth Plan to $11.1 billion in 2025 and their strong third-quarter financial results. This isn't just marketing copy, it's the framework for how they manage their $71 billion in assets.

If you're looking at their long-term viability, you need to see how these values drive decisions, especially in a volatile market. The firm's commitment to these principles is why they remain a top-tier regional bank, focusing on client and community thriving, as detailed in Old National Bancorp (ONB): History, Ownership, Mission, How It Works & Makes Money.

Integrity: Trusted and Authentic

Integrity, for a financial institution, means conservative risk management and transparency. Honestly, it's the foundation of all client relationships. Old National Bancorp demonstrates this value through its consistently strong capital position and credit culture, which is essential for weathering economic shifts. Their Common Equity Tier 1 (CET1) ratio finished Q2 2025 at 10.74%, which was 50 basis points above merger expectations, showing a defintely conservative and strong buffer. This focus on a durable, basic banking strategy is what kept them resilient in a challenging operating environment, prioritizing client security over excessive risk.

• Maintain strong capital levels, exceeding regulatory minimums.
• Prioritize conservative credit underwriting practices.
• Act in the best interest of clients and team members.

Inclusion: Courageously Embrace Our Differences

This value is about making sure financial opportunity isn't limited by zip code or background. Old National Bancorp puts its money where its mouth is with its Community Reinvestment Act (CRA) efforts, specifically targeting Low-to-Moderate Income (LMI) populations and underrepresented groups. They expanded their five-year Community Growth Plan in 2025 to a massive $11.1 billion commitment, up from the initial $8.3 billion. This plan facilitates lending, investment, and service opportunities in underserved areas, proving inclusion is an operational priority, not just a slogan.

Excellence: Consistently Delivering Our Best

Excellence translates directly into financial performance and client service. You can see this in their Q3 2025 results: adjusted earnings per share (EPS) hit $0.59, beating analyst forecasts. Plus, their adjusted Return on Average Tangible Common Equity (ROTCE) was an impressive 20%. That's an outstanding return profile, and it shows the success of their focus on fundamentals, like growing their balance sheet and expanding fee-based businesses. They set the bar high for performance, and their numbers back it up.

Collaboration: Work Together and Win as One Team

In the banking world, collaboration is key to successful integration and client experience. The best example of this in 2025 is the successful systems conversion and branding for the Bremer Bank partnership. The merger, which closed in May 2025, brought in a substantial $11.5 billion in period-end loans and significantly bolstered their market position. A major systems conversion is a huge undertaking, but the team's ability to complete it smoothly, as noted in the Q3 2025 earnings call, shows their internal collaboration is strong and focused on client continuity.

Optimism and Agility: Resourceful and Innovative

I group these two because they speak to a forward-looking, adaptable mindset. Optimism isn't blind hope; it's confidence in the future, backed by strategic action. Old National Bancorp's management forecasts full-year 2025 loan growth (excluding the Bremer impact) to be between 4% and 5%, showing a clear expectation for continued organic expansion. Their Agility is seen in their quick integration of the Bremer partnership, closing two months earlier than anticipated, which added to their 2025 earnings momentum. They also continue to invest in technology, like the new small business digital banking platform, to respond to changing client needs.

• Accelerate digital and technology capabilities.
• Adapt quickly to strategic opportunities, like the Bremer partnership.
• Forecast strong organic loan growth of 4-5% in 2025.