earnings
confidence high
sentiment positive
materiality 0.85
Old National Q4 EPS $0.67 ($0.56 adjusted), up 43% from Q3; full-year adjusted EPS $1.96
OLD NATIONAL BANCORP /IN/
2022-FY EPS reported
$1.50
- Q4 net income applicable to common $196.7M, diluted EPS $0.67; adjusted net income $164.3M, adjusted EPS $0.56.
- Full-year net income $414.2M, diluted EPS $1.50; adjusted net income $540.9M, adjusted EPS $1.96.
- Net interest margin (FTE) 3.85%, up 14 bps from Q3; cost of total deposits 0.34%.
- Total loans $31.1B, up 7.7% annualized; commercial loans up 7.9% annualized.
- Pre-tax gain $90.7M from sale of health savings accounts; property optimization charges $26.8M, merger charges $20.3M.