HIGHBuilt-inGeographic
Midwest and Southeast
“10-K Item 1A: 'Substantially all of Old National's loans are to individuals and businesses in Old National's market areas in the Midwest and Southeast regions of the United States'”
ONB · Concentration risk · 10-K extracted
Old National Bancorp (ONB) concentration risks
Updated
The most significant concentration Old National Bancorp discloses is Midwest and Southeast, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: Old National Bancorp’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH2
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHBuilt-inRegulatory
OCC
“10-K Item 1: 'Old National Bank is subject to primary regulation, supervision, and examination by the OCC'”
MEDIUMBuilt-inGeographic
32.8%
Chicago-Naperville-Elgin
“10-K Item 1: 'Chicago-Naperville-Elgin, IL-IN-WI| 32.8'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's concentration profile reflects two high-share structural exposures that together define the shape of the credit and funding book. First, substantially all of the bank's loans are made to individuals and businesses in its market areas in the Midwest and Southeast regions of the United States — a high-share geographic concentration by disclosed size. This is structural: it reflects a deliberate community and regional banking model rather than an accidental accumulation, and its primary risk channel is regional economic performance rather than any single counterparty. Second, the company is subject to primary regulation, supervision, and examination by the OCC, a high-share regulatory dependency that is standard for nationally chartered banks but nonetheless represents a structural constraint on strategy and capital deployment. Within the geographic footprint, the Chicago-Naperville-Elgin metro area is the disclosed largest single market — a moderate-share exposure within the broader regional book. The pipe-table presentation of the Chicago figure means only the label rather than a precise share is citable here, but the filing identifies it as the largest single-market component of the deposit base. On balance, the concentration profile is typical for a regional bank of this character: geographically bounded, OCC-supervised, and exposed to Midwest and Southeast economic conditions. These are well-understood structural concentrations rather than idiosyncratic risks, and they argue for monitoring regional employment and commercial real estate trends as the primary investment variables.
For the engine’s reasoning on ONB’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Banks - Regional
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ASB | Associated Banc-Corp | 2 | 3 | 0 | 5 |
| ONB● | Old National Bancorp | 2 | 1 | 0 | 3 |
| BANC | Banc of California, Inc. | 2 | 0 | 0 | 2 |
| AX | Axos Financial, Inc. | 1 | 1 | 0 | 2 |
| AUB | Atlantic Union Bankshares Corpo | 0 | 3 | 0 | 3 |
| ABCB | Ameris Bancorp | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.