Old National completes CapStar merger; pro forma assets $52B, AUM $29B

OLD NATIONAL BANCORP /IN/

CapStar had ~$3.1B assets, $2.7B deposits, $2.3B net loans as of Dec 31, 2023.
Pro forma combined assets ~$52B, AUM ~$29B; among top 30 U.S. bank holding companies.
System and banking center conversions expected in Q3 2024; CapStar Bank to operate as a division of Old National Bank until then.
Deal closed April 1, 2024, per October 26, 2023 merger agreement.

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