Old National Q1 adjusted EPS $0.45; completes CapStar acquisition

OLD NATIONAL BANCORP /IN/

2024-Q1 EPS reported $0.40

Net income applicable to common shares $116.3M ($0.40 diluted EPS); adjusted net income $130.8M ($0.45 adjusted EPS).
Net interest margin (FTE) 3.28%, down 11 bps QoQ; net interest income $362.7M.
Period-end total deposits $37.7B, up 5% annualized; total loans $33.6B, up 7.5% annualized.
Credit quality stable: net charge-offs 14 bps (7 bps excl. PCD loans), NPLs 0.98% of loans.
Closed CapStar Bank acquisition on April 1, adding ~$3B assets, $2.3B loans, $2.6B deposits.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.8

OLD NATIONAL BANCORP /IN/ reported first quarter of 2024 results: net income $116.3 million, EPS $0.40.

Period: first quarter of 2024
Net income: $116.3 million
EPS: $0.40
Result: reported results

Exact text from the filing

Old National Bancorp Reports First Quarter 2024 Results

View on SEC.gov

1341 earnings releases filed in the last 30 days. Browse all earnings releases →

OLD NATIONAL BANCORP /IN/ filing history →

Source: SEC EDGAR

accession 0001628280-24-017212

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