Old National Announces Completion of Merger with CapStar
Portfolio Pulse from Benzinga Newsdesk
Old National Bancorp has completed its merger with CapStar Financial Holdings, Inc., making it one of the top 30 U.S. banking companies with approximately $52 billion in assets. CapStar Bank will operate as a division of Old National Bank until the banking centers and systems conversions are completed in Q3 2024.
April 01, 2024 | 10:56 am
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POSITIVE IMPACT
Old National Bancorp's completion of the merger with CapStar positions it among the top 30 U.S. banking companies, with significant growth in assets.
The completion of the merger with CapStar significantly increases Old National Bancorp's assets, enhancing its market position and potentially its stock value due to the expanded operational scale and increased assets under management.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100