Business Context and Reporting Period
Company: Old National Bancorp
Filing Type: Form 8-K (Current Report)
Date of Report: May 14, 2025
Event: Declaration of quarterly cash dividends for common and preferred stock.
Key Financial Metrics
This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. It solely reports on dividend declarations.
Material Changes
No material changes to financial performance or operations are reported in this document. The filing announces the following new dividend obligations:
- Common Stock: Quarterly cash dividend of $0.14 per share.
- Preferred Stock (Series A & C): Quarterly cash dividend of $17.50 per share (equivalent to $0.4375 per depositary share).
Guidance, Outlook, and Risks
The filing contains no management guidance, outlook, risk factors, or discussion of contingencies. It is a routine disclosure of a board action regarding shareholder distributions.
Investor Verification Checklist
- Common Dividend Record Date: Verify ownership by the close of business on June 5, 2025.
- Common Dividend Payment Date: Confirm payment receipt on June 16, 2025.
- Preferred Dividend Record Date: Verify ownership by the close of business on August 5, 2025.
- Preferred Dividend Payment Date: Confirm payment receipt on August 20, 2025.
- Preferred Stock Rate: Confirm the 7.0% Fixed Rate Non-Cumulative Perpetual status for Series A (ONBPP) and Series C (ONBPO).