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Actionable news in ONB: Old National Bancorp,

Old National Bancorp (ONB) Stock Slumps Despite Q1 Earnings Beat

NEW YORK (TheStreet) -- Shares of Old National Bancorp (ONB - Get Report) are retreating by 3.51% to $12.93 on Monday morning, even after the company reported better-than-expected earnings for the 2016 first quarter.

Before the market open, the Evansville, IN-based financial holding company posted adjusted earnings of 25 cents per share, topping analysts' expectations of 23 cents per share.

Revenue for the period was $140.3 million, above analysts' forecasts of $139.26 million.

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