First Trust Advisors Boosts Stake in Old National Bancorp

Investment firm increases ownership in regional bank by over 100%

Published on Mar. 9, 2026

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First Trust Advisors LP has significantly increased its stake in Old National Bancorp (NASDAQ:ONB), the parent company of Old National Bank, by purchasing an additional 2,672,319 shares during the third quarter. This represents a 104.6% increase in First Trust's ownership, bringing its total stake to 5,227,241 shares or 1.34% of the bank's outstanding stock.

Why it matters

The substantial increase in First Trust's position in Old National Bancorp suggests the investment firm sees significant potential in the regional bank's future performance and growth prospects. As one of the bank's largest institutional investors, First Trust's increased stake could signal confidence in Old National's strategic direction and ability to generate returns for shareholders.

The details

According to a 13F filing with the Securities and Exchange Commission, First Trust Advisors purchased the additional 2,672,319 shares of Old National Bancorp during the third quarter of 2025. This brought the firm's total ownership in the bank to 5,227,241 shares, or 1.34% of the company's outstanding stock. The purchase was part of a broader strategy by First Trust to increase its exposure to the financial sector.

  • First Trust Advisors increased its stake in Old National Bancorp during the 3rd quarter of 2025.

The players

First Trust Advisors LP

An investment management firm that provides a variety of financial products and services, including mutual funds, exchange-traded funds, and other investment vehicles.

Old National Bancorp

The parent company of Old National Bank, a regional financial services firm headquartered in Evansville, Indiana that provides commercial and consumer banking services, as well as specialty financial offerings such as treasury management, wealth management, and insurance solutions.

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The takeaway

The significant increase in First Trust Advisors' stake in Old National Bancorp suggests the investment firm sees strong potential in the regional bank's future performance and growth prospects. As one of the bank's largest institutional investors, First Trust's increased ownership could signal confidence in Old National's strategic direction and ability to generate returns for shareholders.