earnings
confidence high
sentiment positive
materiality 0.80
Old National reports Q2 adjusted EPS $0.53, names Tim Burke President and COO
OLD NATIONAL BANCORP /IN/
2025-Q2 EPS
reported $0.77
vs consensus $0.52
▲ beat
(+47.5%)
- Net income applicable to common $121.4M ($0.34 EPS); adjusted $190.9M ($0.53).
- Net interest margin 3.53%, up 26 bps QoQ; NII $521.9M on FTE basis.
- Bremer partnership closed May 1; loans $48B (3.7% annualized excl Bremer), deposits $54.4B.
- Tim Burke named President and COO; nearly 30 yrs banking experience; former EVP at regional bank.
- Adjusted PPNR $289.9M; adjusted efficiency ratio 50.2%; ROATCE 12.0% (adjusted 18.1%).
item 2.02item 9.01