secwatch.observer — SEC 8-K summary
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Issuer:     OLD NATIONAL BANCORP /IN/ (ONB)
CIK:        0000707179
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0001628280-23-034949
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Old National Q3 2023 EPS $0.49, adjusted $0.51; deposits up 2.8%
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- Net income applicable to common shares $143.8M; diluted EPS $0.49; adjusted net income $149.3M, adjusted EPS $0.51.
- Period-end total deposits $37.3B, up 2.8%; core deposits up 3.1%; total deposit cost 1.61% (up 46 bps).
- Net interest margin (FTE) 3.49%, down 11 bps; net interest income $380.9M.
- Net charge-offs $19.7M (24 bps), including $12.2M isolated C&I credit; NPL ratio 0.80%.
- Preliminary total risk-based capital 12.32%, up 18 bps; tangible common equity to tangible assets 6.15%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/707179/000162828023034949/0001628280-23-034949-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/707179/000162828023034949/onb-20231024.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-034949

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