Recent Updates — ONBPP

Old National Bancorp reported third-quarter 2026 net income applicable to common shares of $250.0 million, representing a record adjusted earnings per diluted share of $0.66. Net interest income on a fully taxable equivalent basis reached $592.0 million with a margin of 3.52%. The company achieved a record efficiency ratio of 46.1% and reported pre-provision net revenue of $365.0 million. Total deposits grew to $57.6 billion, while total loans increased to $51.2 billion. During the quarter, the firm repurchased $100 million in common stock and paid a quarterly cash dividend of $0.145 per share. Old National Bancorp is a Midwest-based financial holding company providing commercial banking, wealth management, and capital markets services.

Old National Bancorp filed a Form 8-K to distribute an investor presentation titled '2nd Quarter 2026 Investment Thesis' dated August 5, 2026. The materials highlight record second-quarter financial results, including adjusted earnings per share of $0.65 and a record adjusted efficiency ratio of 45.2%. The company reported total assets of $74 billion, with loans growing to $51 billion and deposits reaching $56 billion. Management emphasized strong capital generation, noting tangible book value per share increased 14% year-over-year to $14.32, alongside the repurchase of 4.4 million shares for $107 million. The presentation also outlines full-year 2026 guidance projecting net interest income of approximately $2.4 billion and adjusted noninterest income between $515 million and $525 million. Old National Bancorp operates as a regional banking holding company headquartered in Evansville, Indiana.

Old National Bancorp reported record second quarter 2026 net income applicable to common shares of $249.4 million, or $0.65 per diluted common share. The company also announced an enhanced executive leadership structure, including the formation of an Operating Group and the expansion of its Executive Leadership Team, alongside the appointment of several new leaders. Old National Bancorp is a financial services company providing consumer and commercial banking, wealth management, and capital markets services.