---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-001412"
form_type: "8-K"
ticker: "ONB"
cik: "0000707179"
company_name: "OLD NATIONAL BANCORP /IN/"
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T11:11:25.948298+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Old National Q4 EPS $0.67 ($0.56 adjusted), up 43% from Q3; full-year adjusted EPS $1.96

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-23-001412
- form_type: 8-K
- ticker: ONB
- cik: 0000707179
- company_name: OLD NATIONAL BANCORP /IN/
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/707179/000162828023001412/0001628280-23-001412-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/707179/000162828023001412/onb-20230124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-001412
- JSON: https://secwatch.observer/filing/0001628280-23-001412.json
- Plain text: https://secwatch.observer/filing/0001628280-23-001412.txt

## Key facts
- Earnings Releases
  OLD NATIONAL BANCORP /IN/ reported full year 2022 results: net income $414.2 million, EPS $1.50.
  - Period: full year 2022
  - Net income: $414.2 million
  - EPS: $1.50
  - Result: reported results
  source text: Full-year net income applicable to common shares of $414.2 million, diluted EPS of $1.50
  evidence_url: https://www.sec.gov/Archives/edgar/data/707179/000162828023001412/0001628280-23-001412-index.htm
- Earnings Releases
  OLD NATIONAL BANCORP /IN/ reported the fourth quarter of 2022 results: net income $196.7 million, EPS $0.67.
  - Period: the fourth quarter of 2022
  - Net income: $196.7 million
  - EPS: $0.67
  - Result: reported results
  source text: 4Q22 net income applicable to common shares of $196.7 million, diluted EPS of $0.67
  evidence_url: https://www.sec.gov/Archives/edgar/data/707179/000162828023001412/0001628280-23-001412-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.