$199.66 Million in Sales Expected for Old National Bancorp (ONB) This Quarter

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Oct. 24, 2017 (GLOBE NEWSWIRE) — Today Old National Bancorp (the “Company” or “Old National”) (NASDAQ:ONB) reported 3 rd quarter. loans held for sale, at September 30, 2017, totaled $9.428 billion.

Equities research analysts expect Old National Bancorp (NASDAQ:ONB) to report $199.66 million in sales for the current quarter, according to Zacks. Five analysts have issued estimates for Old National Bancorp’s earnings. The lowest sales estimate is $196.60 million and the highest is $205.80 million.

(AP) _ Old National Bancorp (ONB) on Monday reported second-quarter earnings of $44 million. The Evansville, Indiana-based bank said it had earnings of 29 cents per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

 · Shares of Old National Bancorp (NASDAQ:ONB) have been assigned a consensus recommendation of “Hold” from the eight analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The [.]

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EVANSVILLE, Ind., July 23, 2018 (GLOBE NEWSWIRE) –. Old National bancorp (nasdaq:onb) reports 2q18 net income of $44.0 million, diluted EPS of $0.29. Adjusted1 net income of $44.1 million, or $0.29 per share.

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On average, analysts expect that Old National Bancorp will report full year sales of $800.78 million for the current fiscal year, with estimates ranging from $790.20 million to $821.20 million. For the next year, analysts forecast that the firm will post sales of $832.46 million, with estimates ranging from $812.00 million to $862.70 million.

Old National Bancorp (ONB) in Evansville, Ind., has agreed to buy Tower Financial (TOFC) in Fort Wayne. The $9.6 billion-asset Old National plans to pay $107.7 million for. The deal is expected to.

Inorganic growth strategy: Old National Bancorp has been growing through acquisitions. In June 2018, the bank announced a deal to acquire Minnesota-based Klein Financial, Inc. for roughly $434 million. Upon expected closure in fourth-quarter 2018, this transaction will be 6.2% accretive to 2020 earnings.

Old National Bancorp (NASDAQ:ONB) posted its earnings results on Monday. The bank reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.