Old National Bancorp Q2 2023 EPS $0.52, adjusted EPS $0.54; deposits up 3.8%

OLD NATIONAL BANCORP /IN/

2023-Q2 EPS reported $1.01

Net income applicable to common shares $151.0M ($0.52 diluted EPS); adjusted net income $156.3M ($0.54 adjusted EPS).
Total deposits rose 3.8% to $36.2B; core deposits up 2.4%; loans up 2.2% to $32.5B.
Net interest margin (FTE) 3.60%, down 9 bps QoQ; net interest income (FTE) $388.0M.
Provision for credit losses $14.8M; net charge-offs $10.1M (13 bps); NPLs 0.91% vs 0.74% prior quarter.
Adjusted PPNR $229.0M; adjusted efficiency ratio 49.4%; Tier 1 capital ratio 10.79% (up 15 bps).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OLD NATIONAL BANCORP /IN/ reported second quarter of 2023 results: net income $151.0 million, EPS $0.52.

Period: second quarter of 2023
Net income: $151.0 million
EPS: $0.52
Result: reported results

Exact text from the filing

Old National Bancorp (the “Company”) issued a press release (“Press Release”) reporting its financial results for the second quarter of 2023.

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5 earnings releases filed in the last 30 days. Browse all earnings releases →

OLD NATIONAL BANCORP /IN/ filing history →

Source: SEC EDGAR

accession 0001628280-23-025529

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