Old National Bancorp - Common Stock (ONB)

Competitors to Old National Bancorp - Common Stock (ONB)

Associated Banc-Corp

Associated Banc-Corp and Old National Bancorp compete primarily in the Midwest banking sector, offering similar banking products such as loans, deposits, and wealth management services. Both banks aim to build strong relationships with their customers. Associated has a slight advantage with its focus on innovation and technology, promoting digital solutions that cater to the evolving needs of customers, such as online banking and mobile apps. However, Old National's established local presence and community-oriented service put it in a strong position to compete effectively.

BMO Financial Group (Bank of Montreal) 

BMO Financial Group competes with Old National Bancorp not just through traditional banking services but also by offering a variety of investment services and products to both personal and commercial clients. BMO's larger size and international presence allow it to leverage economies of scale and a more comprehensive product offering, giving it an advantage in investment banking and wealth management. Old National, however, can compete strongly on customer service and community relationships, which are essential in the banking sector.

First Midwest Bancorp, Inc.

First Midwest Bancorp competes with Old National Bancorp by offering similar financial services and products, including personal banking, business banking, and investment management. Both banks target the same demographic and geographic areas, but First Midwest is known for its strong emphasis on community involvement and tailored banking solutions, which can give it an edge in local markets. However, Old National has made significant investments in technology and branch expansions that help it close the gap in the competitive landscape.

Huntington Bancshares Incorporated 

Huntington Bancshares competes with Old National Bancorp primarily through its extensive branch network and the variety of financial products offered, including commercial banking, consumer banking, and wealth management services. Both banks focus on providing personalized customer service and have a strong presence in the Midwest region. However, Huntington has a broader geographical footprint and a more established digital banking platform, giving it a competitive edge in attracting younger customers and tech-savvy clients.

Regions Financial Corporation 

Regions Financial Corporation competes with Old National Bancorp primarily as a regional bank with a similar focus on retail and commercial banking services. Regions has a much larger asset base and a wider geographic reach, which allows it to offer more diverse products and services, including mortgage loans and asset management. Its significant market presence provides a competitive advantage in economic scale and operational efficiency, making it a formidable competitor in the banking landscape.