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

6 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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