secwatch.observer — SEC 8-K summary
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Issuer:     OLD NATIONAL BANCORP /IN/ (ONB)
CIK:        0000707179
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0001628280-24-032507
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Old National Q2 2024 adjusted EPS $0.46; GAAP EPS $0.37; CapStar closed Apr 1
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- Adjusted net income $144.1M ($0.46 diluted EPS); GAAP net income $117.2M ($0.37).
- Net interest margin (FTE) 3.33%, up 5 bps QoQ; net interest income $394.8M.
- Period-end deposits $40.0B (+$2.3B), loans $36.2B (+$2.6B) including CapStar.
- Credit quality: net charge-offs 16 bps, non-performing loans 0.94% of total loans.
- Pre-tax merger charges $19.4M; CECL Day 1 non-PCD provision expense $15.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/707179/000162828024032507/0001628280-24-032507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/707179/000162828024032507/onb-20240723.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-032507

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer