Old National Bancorp Capital (ONB) has released an update.
Old National Bancorp is set to acquire CapStar Financial Holdings, with the Federal Reserve and the Office of the Comptroller of the Currency having approved the merger and bank merger, respectively. Finalization hinges on CapStar shareholder approval in an upcoming meeting, alongside other standard closing conditions. The financial landscape is poised for change as this merger, slated for completion on April 1, 2024, promises to reshape the banking sector in Nashville and beyond.
For further insights into ONB stock, check out TipRanks’ Stock Analysis page.
