Scott Siefers

Brendan Nosal

Christopher McGratty

Jared Shaw

Jon Arfstrom

Ben Gerlinger

Benjamin Gerlinger

Brian Foran

Terence McEvoy

Terry McEvoy

Chris McGratty

David Long

Janet Lee

John Astrom

Jared David Shaw

John Rob

Robert Siefers

R. Scott Siefers

- ONB reported strong **adjusted earnings per diluted share of $0.59** for Q3 2025.  **[0000707179_2195259:11]** 
- 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.  **[0000707179_2195259:7]** **[0000707179_2195259:8]** 
- 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.  **[0000707179_2195259:7]** **[0000707179_2195259:11]** 
- 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.  **[0000707179_2195259:7]** **[0000707179_2195259:9]** **[0000707179_2195259:14]** 
- For Q4 2025, the company anticipates **Net Interest Income (FTE basis) of approximately $585 million** and **Noninterest expense of approximately $370 million**.  **[0000707179_2195259:15]** **[0000707179_2195259:16]**

ONB Reports Strong Q3 2025 Results and Provides Q4 2025 Outlook

- 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**.  **[0000707179_2195756_2]** 
- 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%**.  **[0000707179_2195756_1]** **[0000707179_2195756_3]** 
- Credit metrics showed improvement, with a **6% reduction in total criticized and classified loans** and normalized charge-offs.  **[0000707179_2195756_2]** **[0000707179_2195756_3]** 
- 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.  **[0000707179_2195756_1]** **[0000707179_2195756_2]** 
- 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.  **[0000707179_2195756_1]** **[0000707179_2195756_5]** **[0000707179_2195756_11]**

Old National Bancorp Reports Strong Q3 2025 Results with Increased Profitability and Capital

- 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**.  **[0000707179_2195793_1]** **[0000707179_2195793_2]** **[0000707179_2195793_3]** 
- 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.  **[0000707179_2195793_1]** **[0000707179_2195793_2]** **[0000707179_2195793_4]** 
- 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.  **[0000707179_2195793_1]** **[0000707179_2195793_2]** **[0000707179_2195793_4]** **[0000707179_2195793_9]** **[0000707179_2195793_11]**

Old National Bancorp Reports Strong Q3 2025 Results and Positive Outlook

- Old National Bancorp reported **Q3 2025** adjusted net income of **$231.3 million** and adjusted diluted EPS of **$0.59**.  **[707179_0001628280-25-045771_onb_exhibit991er3q25.htm:0]**  CEO Jim Ryan stated that the completion of Bremer partnership conversion activities positions the company well for the remainder of 2025 and beyond.  **[707179_0001628280-25-045771_onb_exhibit991er3q25.htm:0]** 
- 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**.  **[707179_0001628280-25-045771_onb_exhibit991er3q25.htm:0]** **[707179_0001628280-25-045771_onb_exhibit991er3q25.htm:1]** 
- 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**.  **[707179_0001628280-25-045771_onb_exhibit991er3q25.htm:0]** 
- 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%**.  **[707179_0001628280-25-045771_onb_exhibit991er3q25.htm:0]**  The quarter's results included **$69.3 million** in pre-tax merger-related charges.  **[707179_0001628280-25-045771_onb_exhibit991er3q25.htm:0]**

Old National Bancorp Reports Strong Third Quarter 2025 Results

- 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.  **[707179_a411fc2bdd154f32969994e914187a6b_0]** **[707179_a411fc2bdd154f32969994e914187a6b_1]** 
- 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.  **[707179_a411fc2bdd154f32969994e914187a6b_0]** **[707179_a411fc2bdd154f32969994e914187a6b_1]** 
- 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.  **[707179_a411fc2bdd154f32969994e914187a6b_0]** 
- 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**.  **[707179_a411fc2bdd154f32969994e914187a6b_1]** **[707179_a411fc2bdd154f32969994e914187a6b_2]** 
- **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**.  **[707179_a411fc2bdd154f32969994e914187a6b_1]** **[707179_a411fc2bdd154f32969994e914187a6b_2]**

Old National Bancorp Reports Third Quarter 2025 Results

OLD NATIONAL BANCORP /IN/ (ONB)