Citigroup Reduces Stake in Old National Bancorp

Institutional investor trims position in regional bank by over 30%

Published on Mar. 2, 2026

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Citigroup Inc. has reduced its stake in Old National Bancorp (NASDAQ:ONB) by 30.3% during the third quarter, according to a recent SEC filing. The financial services firm now owns 432,256 shares of the regional bank's stock, down from 620,215 shares previously.

Why it matters

This move by a major institutional investor like Citigroup could signal a shift in sentiment around Old National Bancorp, which has seen its stock price fluctuate in recent quarters. The reduction in Citigroup's position may influence trading activity and investor perceptions of the bank's outlook.

The details

According to the 13F filing, Citigroup sold 187,959 shares of Old National Bancorp during the third quarter. The firm now owns a 0.11% stake in the bank, valued at $9.49 million as of the most recent reporting period. Other notable institutional investors in Old National Bancorp include Vanguard Group, Thrivent Financial for Lutherans, and Qube Research & Technologies.

  • Citigroup reduced its stake in Old National Bancorp during the third quarter of 2026.

The players

Citigroup Inc.

A multinational investment bank and financial services corporation headquartered in New York City.

Old National Bancorp

A regional bank holding company based in Evansville, Indiana that provides a range of commercial and consumer banking services through its network of community banking offices.

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The takeaway

Citigroup's reduction in its Old National Bancorp position could signal a shift in investor sentiment around the regional bank, though the reasons behind the move are not entirely clear. Analysts will likely monitor the stock's performance and any further changes in institutional ownership in the coming quarters.