(photo courtesy of Old National Bank)
by: Alex Brown, Inside INdiana Business
Posted:
Feb 23, 2021 / 10:56 AM EST
NEW YORK (Inside INdiana Business) Three Hoosier companies are included in the New York-based Ethisphere Institute’s 2021 list of the “World’s Most Ethical Companies.” The institute says the list recognizes companies “for their unwavering commitment to business integrity.”
Evansville-based Old National Bancorp (Nasdaq: ONB), Columbus-based Cummins Inc. (NYSE: CMI) and Eli Lilly and Co. (NYSE: LLY) in Indianapolis are the only Indiana-based companies to make the list. Cummins has made the list every year since its inception in 2008.
Old National has made the list for the 10th consecutive year and is one of only five banks on this year’s list. Chief Executive Officer Jim Ryan calls the accomplishment an “exceptional milestone.”
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(photo courtesy of Old National Bank)
by: Alex Brown, Inside INdiana Business
Posted:
Jan 19, 2021 / 11:14 AM EST
EVANSVILLE, Ind. (Inside INdiana Business) Evansville-based Old National Bancorp is reporting full-year net income of $226 million, down from $238 million the previous year. Chief Executive Officer Jim Ryan credits a strong fourth quarter as one of the main factors for the bank’s 2020 results.
The bank is also reporting fourth quarter net income of $74.1 million, down slightly from $78 million in the fourth quarter of 2019.
“Another significant factor was the successful implementation of our ONB Way growth strategy in 2020, which enabled us to effectively and efficiently serve all client segments with streamlined processes and enhanced technology,” Ryan said in a news release. “This led to a phenomenal year of commercial loan production and outstanding performance.”