---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-012672"
form_type: "8-K"
ticker: "ONB"
cik: "0000707179"
company_name: "OLD NATIONAL BANCORP /IN/"
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T17:22:48.873151+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Old National Q1 adj EPS $0.54; stable deposits, loan growth 2.2% QoQ; employees killed in Louisville

## Summary
- Five Old National employees killed in Louisville shooting on April 10; CEO thanks community and notes resilient team.
- Net income applicable to common shares $142.6M ($0.49 diluted EPS); adjusted net income $159.1M ($0.54 diluted EPS).
- Net interest margin (FTE) 3.69%, down 16 bps; net interest income $387.2M; deposit costs 72 bps, deposit beta 15%.
- Period-end total deposits $34.9B (stable); total loans $31.8B, up 2.2% QoQ; commercial pipeline $5.4B.
- Credit stable: net charge-offs 21 bps (5 bps ex-PCD); NPLs 0.74%; ACL 1.05%; ~70% deposits insured/collateralized.

## SEC filing metadata
- accession: 0001628280-23-012672
- form_type: 8-K
- ticker: ONB
- cik: 0000707179
- company_name: OLD NATIONAL BANCORP /IN/
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/707179/000162828023012672/0001628280-23-012672-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/707179/000162828023012672/onb-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-012672
- JSON: https://secwatch.observer/filing/0001628280-23-012672.json
- Plain text: https://secwatch.observer/filing/0001628280-23-012672.txt

## Key facts
- Earnings Releases
  OLD NATIONAL BANCORP /IN/ reported first quarter of 2023 results: net income net income applicable to common shares of $142.6 million, EPS diluted EPS of $0.49.
  - Period: first quarter of 2023
  - Net income: net income applicable to common shares of $142.6 million
  - EPS: diluted EPS of $0.49
  - Result: reported results
  source text: Old National Bancorp (NASDAQ: ONB) reports 1Q23 net income applicable to common shares of $142.6 million, diluted EPS of $0.49; $159.1 million and $0.54 on an adjusted 1 basis, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/707179/000162828023012672/0001628280-23-012672-index.htm

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