Old National Bancorp achieved the 2026 Military Friendly® Employer designation for supporting veterans and military employees.
Quiver AI Summary
Old National Bancorp has been awarded the 2026 Military Friendly® Employer designation, recognizing its commitment to supporting veterans and military personnel. The designation is based on a comprehensive evaluation, including public data and a proprietary survey, with over 1,200 companies participating. Old National's Bronze level award is bolstered by its Military Veteran’s Impact Network (MVIN), which connects employees passionate about honoring veterans and provides them with exclusive volunteer opportunities. Carrie Ellspermann, Chief People Officer, emphasized the unique contributions of veterans to the organization, enhancing innovation and teamwork. Old National's achievement will be highlighted in the 2026 Military Friendly® Employers Guide and reflects its dedication to creating impactful benefits for the military community.
Potential Positives
- Old National Bancorp has earned the prestigious 2026 Military Friendly® Employer designation, highlighting its commitment to supporting veterans and military personnel.
- The designation reflects the company's strong recruitment, retention, and promotion practices for veterans, demonstrating a positive workplace culture and organizational values.
- Old National’s Military Veteran’s Impact Network (MVIN) fosters community engagement and volunteer opportunities, enhancing its corporate social responsibility efforts.
- Being featured in the 2026 Military Friendly® Employers Guide and on MilitaryFriendly.com enhances Old National’s visibility and reputation in the competitive banking industry.
Potential Negatives
- Despite earning the Military Friendly® designation, the company is not competing at the highest level, as it only achieved the Bronze level award.
- The press release does not provide specific metrics or data on how Old National performed compared to other organizations in the survey, which may cast doubt on the significance of their achievement.
- While the press release emphasizes the value of veterans to the company, it may raise questions about how well veterans are actually integrated and supported within the organization, especially since military-friendly designations can vary widely in their criteria and impact.
FAQ
What is the Military Friendly® Employer designation?
The Military Friendly® Employer designation recognizes organizations that excel in recruiting and retaining military talent.
How did Old National Bancorp earn this designation?
Old National earned this designation through a survey and assessment based on key criteria for veteran employment and support.
What initiatives does Old National have for veterans?
Old National has a Military Veteran’s Impact Network (MVIN) that connects team members dedicated to supporting veterans and their families.
Where will Old National be featured for this achievement?
Old National will be showcased in the 2026 Military Friendly® Employers Guide and on MilitaryFriendly.com.
What is Old National Bancorp's commitment to the military community?
Old National is committed to honoring and empowering veterans through initiatives that foster leadership and community impact.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ONB Insider Trading Activity
$ONB insiders have traded $ONB stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $ONB stock by insiders over the last 6 months:
- MARK G SANDER (PRESIDENT AND COO) has made 0 purchases and 2 sales selling 67,343 shares for an estimated $1,491,333.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ONB Hedge Fund Activity
We have seen 217 institutional investors add shares of $ONB stock to their portfolio, and 168 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP removed 7,165,341 shares (-90.9%) from their portfolio in Q2 2025, for an estimated $152,908,376
- FMR LLC added 5,068,673 shares (+20.0%) to their portfolio in Q2 2025, for an estimated $108,165,481
- VANGUARD GROUP INC added 3,379,577 shares (+10.1%) to their portfolio in Q3 2025, for an estimated $74,181,715
- CITADEL ADVISORS LLC added 2,797,617 shares (+98.3%) to their portfolio in Q2 2025, for an estimated $59,701,146
- THRIVENT FINANCIAL FOR LUTHERANS added 2,745,384 shares (+5033.0%) to their portfolio in Q3 2025, for an estimated $60,261,178
- BALYASNY ASSET MANAGEMENT L.P. removed 2,207,823 shares (-97.5%) from their portfolio in Q2 2025, for an estimated $47,114,942
- UBS GROUP AG removed 1,471,041 shares (-43.3%) from their portfolio in Q2 2025, for an estimated $31,392,014
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ONB Analyst Ratings
Wall Street analysts have issued reports on $ONB in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 10/23/2025
- Truist Securities issued a "Buy" rating on 10/23/2025
- Barclays issued a "Overweight" rating on 07/08/2025
To track analyst ratings and price targets for $ONB, check out Quiver Quantitative's $ONB forecast page.
$ONB Price Targets
Multiple analysts have issued price targets for $ONB recently. We have seen 6 analysts offer price targets for $ONB in the last 6 months, with a median target of $26.0.
Here are some recent targets:
- Janet Lee from TD Cowen set a target price of $26.0 on 10/27/2025
- Scott Siefers from Piper Sandler set a target price of $26.0 on 10/23/2025
- Brian Foran from Truist Securities set a target price of $26.0 on 10/23/2025
- Jon Arfstrom from RBC Capital set a target price of $24.0 on 07/23/2025
- Jared Shaw from Barclays set a target price of $28.0 on 07/08/2025
- David Chiaverini from Jefferies set a target price of $24.0 on 05/21/2025
Full Release
EVANSVILLE, Ind., Nov. 11, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”) announced today that it has earned the 2026 Military Friendly ® Employer designation.
Institutions earning the Military Friendly ® Employers designation were evaluated using both public data sources and responses from a proprietary survey. Over 1,200 companies participated in the Military Friendly survey. Methodology, criteria, and weightings were determined by Military Friendly®, in consultation with the Military Friendly ® Advisory Council, a group of independent leaders in the military recruitment community. Final ratings were determined by combining an organization’s survey score with an assessment of the organization’s ability to meet and exceed thresholds for Recruitment, New Hire Retention, Employee Turnover, and Promotion & Advancement of veterans and military employees.
In addition to fostering a culture that appreciates and thrives as a result of the contributions of its former and current military team members, an important driver behind Old National Bank’s Bronze level award is its Military Veteran’s Impact Network (MVIN) which connects its team members who are passionate about honoring and supporting veterans, service members, and their families. MVIN members have access to exclusive volunteer opportunities, events, and a community committed to making a meaningful impact.
“Veterans and service members bring a unique blend of leadership, resilience, and mission-driven focus that strengthens our organization at every level. Their experiences foster innovation, teamwork, and a deep sense of purpose that aligns with our values,” said Carrie Ellspermann, Chief People Officer. “At Old National Bank, we’re proud to support and empower these individuals—not only to honor their service, but to recognize the extraordinary contributions they make to our culture and our success.”
“Earning the Military Friendly ® designation is more than a badge; it’s a reflection of deep-rooted values and strategic foresight. These organizations don’t just open doors for veterans, spouses, and service members; they build pathways for lasting impact. Their commitment isn’t performative; it’s transformative. It’s proof that honoring military talent is not only the right thing to do, it’s the smart thing to do.” — Kayla Lopez, Vice President of Memberships, Military Friendly ®
Old National Bank will be showcased in the 2026 Military Friendly ® Employers Guide in the Winter issue of G.I. Jobs ® magazine and on MilitaryFriendly.com.
Military Friendly ® is the standard that measures an organization’s commitment, effort, and success in creating sustainable and meaningful benefits for the military community. Over 2,900 organizations compete annually for Military Friendly ® designation annually. Military Friendly ® , a service-disabled, veteran-owned small business. Military Friendly ® is not affiliated with or endorsed by the U.S. Department of Defense or the federal government. Results are produced via a rules-based algorithm. The data-driven Military Friendly ® lists and methodology can be found at https://www.militaryfriendly.com/mfcguide/.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the sixth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $71 billion of assets and $38 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light again named Old National one of "The Civic 50" -- an honor reserved for the 50 most community-minded companies in the United States.
Media Relations:
Scott Reinhard
(612)716-0304
[email protected]