DBRS confirms Old National

DBRS said it confirmed Old National Bancorp's issuer and senior debt ratings of BBB (high).

The trend remains stable.

The confirmation recognizes the company's relatively sound asset quality, resilient earnings power, solid capital and ample liquidity, the agency said.

Ratings also reflect a deeply rooted community-based banking franchise, which is underpinned by substantial core deposit funding, the agency noted.

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