Earnings summaries and quarterly performance for OLD NATIONAL BANCORP /IN/.
Executive leadership at OLD NATIONAL BANCORP /IN/.
James C. Ryan III
Detailed
Chief Executive Officer
CEO
CS
Carrie S. Goldfeder
Detailed
Chief Credit Officer
JA
James A. Sandgren
Detailed
CEO, Commercial Banking
JV
John V. Moran IV
Detailed
Chief Financial Officer
KL
Kendra L. Vanzo
Detailed
Chief Administrative Officer
MG
Mark G. Sander
Detailed
President and Chief Operating Officer
Board of directors at OLD NATIONAL BANCORP /IN/.
AM
Austin M. Ramirez
Detailed
Director
BA
Barbara A. Boigegrain
Detailed
Director
DC
Daniel C. Reardon
Detailed
Director
DS
Daniel S. Hermann
Detailed
Lead Independent Director
DJ
Derrick J. Stewart
Detailed
Director
EA
Ellen A. Rudnick
Detailed
Director
KE
Katherine E. White
Detailed
Director
KJ
Kathryn J. Hayley
Detailed
Director
MJ
Michael J. Small
Detailed
Director
PJ
Peter J. Henseler
Detailed
Director
RS
Rebecca S. Skillman
Detailed
Director
RC
Ryan C. Kitchell
Detailed
Director
SC
Stephen C. Van Arsdell
Detailed
Director
TE
Thomas E. Salmon
Detailed
Director
TL
Thomas L. Brown
Detailed
Director
Research analysts who have asked questions during OLD NATIONAL BANCORP /IN/ earnings calls.
SS
Scott Siefers
Piper Sandler
5 questions for ONB
Also covers: ASB, CFG, FITBI +6 more
Brendan Nosal
Hovde Group, LLC
4 questions for ONB
Also covers: ALRS, BWB, BY +11 more
Christopher McGratty
Keefe, Bruyette & Woods
4 questions for ONB
Also covers: ASB, BAC, BANC +33 more
Jared Shaw
Barclays
4 questions for ONB
Also covers: ASB, BANC, BKU +19 more
Jon Arfstrom
RBC Capital Markets
4 questions for ONB
Also covers: ALLY, ASB, BFH +24 more
Ben Gerlinger
Citigroup
3 questions for ONB
Also covers: BKU, BPOP, CADE +10 more
Benjamin Gerlinger
Citigroup Inc.
3 questions for ONB
Also covers: BANC, BKU, BOKF +18 more
BF
Brian Foran
Truist Financial
3 questions for ONB
Also covers: AXP, CMA, COF +6 more
TM
Terence McEvoy
Stephens Inc.
3 questions for ONB
Also covers: ASB, BY, CIVB +10 more
TM
Terry McEvoy
Stephens Inc.
3 questions for ONB
Also covers: ASB, BY, CIVB +9 more
CM
Chris McGratty
KBW
2 questions for ONB
Also covers: BAC, C, CFG +13 more
David Long
Raymond James Financial, Inc.
2 questions for ONB
Also covers: ALRS, BY, EFSC +10 more
JL
Janet Lee
TD Cowen
2 questions for ONB
Also covers: AUB, FHB, FHN +11 more
JA
John Astrom
RBC Capital Markets
2 questions for ONB
Jared David Shaw
Barclays Capital
1 question for ONB
Also covers: BANC, BKU, BOH +13 more
JR
John Rob
Barclays PLC
1 question for ONB
Also covers: WAL
Robert Siefers
Piper Sandler & Co.
1 question for ONB
Also covers: ASB, CFG, CMA +4 more
RS
R. Scott Siefers
Piper Sandler Companies
1 question for ONB
Also covers: ASB, CFG, FITB +6 more
Recent press releases and 8-K filings for ONB.
Old National Bancorp Reports Strong Q3 2025 Results and Provides 2025 Outlook
ONB
Earnings
Guidance Update
M&A
- Old National Bancorp reported strong Q3 2025 performance with an adjusted return on average tangible common equity (ROATCE) of 20.1%, an adjusted return on average assets (ROAA) of 1.32%, and an adjusted efficiency ratio of 48.1%. Adjusted earnings per diluted share for the quarter were $0.59.
- The company successfully completed the core systems conversion for Bremer Bank, with the acquisition having a full-quarter impact in Q3 2025.
- As of September 30, 2025, Old National Bancorp maintained a strong capital position, reflected by a CET1 capital to risk-weighted assets (RWA) ratio of 11.02% and a loan-to-deposit ratio of 87%. The company also repurchased 1.1 million shares of common stock.
- For Q4 2025, the company anticipates net interest income (FTE basis) of approximately $585 million, noninterest income of approximately $120 million, and noninterest expense of approximately $370 million. The full-year 2025 outlook for net interest income (FTE basis) is $2,080 - $2,090 million.
- Credit quality remained resilient in Q3 2025, with a 6% decline in criticized and classified loans and low net charge-offs of 17 basis points excluding purchased credit deteriorated (PCD) loans.
Nov 7, 2025, 10:23 PM
ONB Reports Strong Q3 2025 Results and Provides Q4 2025 Outlook
ONB
Earnings
Guidance Update
Share Buyback
- ONB reported strong adjusted earnings per diluted share of $0.59 for Q3 2025.
- The company achieved an adjusted return on average tangible common equity (ROATCE) of 20.1% and an adjusted return on average assets (ROAA) of 1.32% in Q3 2025.
- Credit quality remained resilient with a 6% decline in criticized and classified loans and a provision for credit losses of $27 million in Q3 2025.
- ONB maintained a strong capital position with a CET1 capital to RWA of 11.02% and repurchased 1.1 million shares of common stock during Q3 2025.
- For Q4 2025, the company anticipates Net Interest Income (FTE basis) of approximately $585 million and Noninterest expense of approximately $370 million.
Oct 22, 2025, 2:00 PM
Old National Bancorp Reports Strong Q3 2025 Results with Increased Profitability and Capital
ONB
Earnings
Share Buyback
M&A
- Old National Bancorp reported GAAP earnings per share of $0.46 and adjusted earnings per share of $0.59 for Q3 2025, representing an 11% increase over the prior quarter and a 28% increase year-over-year.
- The company achieved a 20% return on average tangible common equity and a 1.3% plus return on assets, alongside an improved efficiency ratio of 48%.
- Credit metrics showed improvement, with a 6% reduction in total criticized and classified loans and normalized charge-offs.
- The capital position strengthened, with the CET1 ratio increasing 28 basis points to over 11%, and 1.1 million shares were repurchased late in the quarter.
- Management stated that the best acquisition is themselves, focusing on organic growth and returning capital, with full run-rate cost savings from the Bremer partnership of over $115 million annually expected by Q1 2026.
Oct 22, 2025, 2:00 PM
Old National Bancorp Reports Strong Q3 2025 Results and Positive Outlook
ONB
Earnings
Guidance Update
Share Buyback
- Old National Bancorp reported strong Q3 2025 adjusted earnings per share of $0.59, an 11% increase quarter-over-quarter and 28% year-over-year, alongside an adjusted 20% return on average tangible common equity, a 1.3% plus ROA, and a 48% adjusted efficiency ratio.
- The company's CET1 increased 28 basis points to over 11%, and tangible book value per share grew 4% linked quarter, while credit metrics improved with a 6% reduction in total criticized and classified loans.
- ONB successfully completed the Bremer Bank systems conversion and repurchased 1.1 million shares late in the quarter, with management expecting net interest income to grow in 2026 and over $115 million in annualized cost savings from the Bremer integration to be fully realized by Q1 2026.
Oct 22, 2025, 2:00 PM
Old National Bancorp Reports Strong Third Quarter 2025 Results
ONB
Earnings
M&A
Share Buyback
- Old National Bancorp reported Q3 2025 adjusted net income of $231.3 million and adjusted diluted EPS of $0.59. CEO Jim Ryan stated that the completion of Bremer partnership conversion activities positions the company well for the remainder of 2025 and beyond.
- The company's net interest income on a fully taxable equivalent basis increased to $582.6 million, and the net interest margin (NIM) on a fully taxable equivalent basis rose by 11 basis points to 3.64% in Q3 2025.
- Balance sheet growth included period-end total deposits of $55.0 billion (up 4.8% annualized) and period-end total loans of $48.0 billion (up 0.6% annualized), alongside a provision for credit losses of $26.7 million.
- Operating performance for Q3 2025 showed an adjusted efficiency ratio of 48.1% and an adjusted return on average tangible common equity (ROATCE) of 20.1%, with preliminary regulatory Tier 1 common equity increasing to 11.02%. The quarter's results included $69.3 million in pre-tax merger-related charges.
Oct 22, 2025, 11:07 AM
Old National Bancorp Reports Third Quarter 2025 Results
ONB
Earnings
M&A
Guidance Update
- Old National Bancorp reported net income applicable to common shares of $178.5 million and diluted EPS of $0.46 for the third quarter of 2025.
- On an adjusted basis, the company reported net income applicable to common shares of $231.3 million and diluted EPS of $0.59 for 3Q25.
- Chairman and CEO Jim Ryan stated that the outstanding quarterly results reflect the benefits from the recent partnership with Bremer Bank, with conversion activities now complete, positioning the company well for the remainder of 2025 and beyond.
- Key financial highlights for the quarter include net interest income of $582.6 million on a fully taxable equivalent basis and a net interest margin of 3.64%, an increase of 11 basis points.
- Period-end total deposits reached $55.0 billion, marking a 4.8% annualized increase, while period-end total loans were $48.0 billion, up 0.6% annualized.
Oct 22, 2025, 11:00 AM
Old National Bancorp Provides Business Update and Bremer Transaction Details
ONB
Guidance Update
M&A
New Projects/Investments
- Old National Bancorp (ONB) anticipates growing to over $70 billion in assets following the Bremer transaction, which is projected to close in the middle of 2025.
- The company reaffirmed its loan growth guidance of 4% to 6% for the year, expecting a softer first quarter followed by building momentum.
- Management expressed confidence in the net interest margin (NIM) outlook, forecasting modest expansion in the first half of the year and a significant step up post-Bremer, supported by $1.5 billion in securities repricing and $3-$3.5 billion in annual loan book repricing.
- Modest fee income growth is expected, primarily driven by strong performance in wealth management and treasury management.
- Following the Bremer acquisition, ONB plans to focus on organic growth and potential capital returns, rather than pursuing additional M&A opportunities.
Mar 4, 2025, 3:40 PM
Old National Bancorp Provides Update on Bremer Acquisition and 2025 Outlook
ONB
M&A
Guidance Update
New Projects/Investments
- Old National Bancorp (ONB) anticipates its assets will reach $70+ billion pro forma for the Bremer transaction, which is expected to close in the middle of 2025. This acquisition is projected to result in a sub 50% efficiency ratio and very high-teens profitability ratios.
- The company maintains its loan growth guidance of 4% to 6% for the year, with growth anticipated to build throughout the year after a softer first quarter.
- Management expects net interest margin (NIM) to have bottomed in Q3/Q4 of last year, with modest expansion in the first half of 2025, and a significant step up in NIM and Net Interest Income (NII) in the second half due to the Bremer acquisition.
- Following the Bremer transaction, ONB plans to be on the sidelines for M&A, prioritizing organic growth and potential returns of capital to shareholders.
Mar 4, 2025, 3:40 PM
Old National Bancorp Discusses Bremer Acquisition, 2025 Outlook, and M&A Strategy
ONB
M&A
Guidance Update
New Projects/Investments
- Old National Bancorp (ONB) expects to close the Bremer Financial acquisition later in 2025, which will add $15 billion in assets, bringing the pro forma total to $70 billion, and is anticipated to drive significant earnings growth. This deal expands ONB's presence in Minnesota, Western Wisconsin, and North Dakota.
- For 2025, ONB projects 4%-6% organic loan growth and a net interest income (NII) guide of $1.96 billion-$1.99 billion. The company anticipates its net interest margin to be stable in Q1 2025 before modestly increasing.
- Management is focused on achieving positive operating leverage and an improved efficiency ratio in 2025, with potential to breach 50%.
- Credit quality is expected to normalize with 20-30 basis points of charge-offs through the cycle , and the company expressed confidence in its commercial real estate (CRE) portfolio, which primarily consists of smaller-ticket, suburban, and medical office properties.
Mar 3, 2025, 6:40 PM
Quarterly earnings call transcripts for OLD NATIONAL BANCORP /IN/.
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