---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-025529"
form_type: "8-K"
ticker: "ONB"
cik: "0000707179"
company_name: "OLD NATIONAL BANCORP /IN/"
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:34:34.880360+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001628280-23-025529
- form_type: 8-K
- ticker: ONB
- cik: 0000707179
- company_name: OLD NATIONAL BANCORP /IN/
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/707179/000162828023025529/0001628280-23-025529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/707179/000162828023025529/onb-20230725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-025529
- JSON: https://secwatch.observer/filing/0001628280-23-025529.json
- Plain text: https://secwatch.observer/filing/0001628280-23-025529.txt

## Key facts
- Earnings Releases
  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
  source text: Old National Bancorp (the “Company”) issued a press release (“Press Release”) reporting its financial results for the second quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/707179/000162828023025529/0001628280-23-025529-index.htm

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