secwatch.observer — SEC 8-K summary
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Issuer:     OLD NATIONAL BANCORP /IN/ (ONB)
CIK:        0000707179
Form:       8-K
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0001628280-25-035500
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Old National reports Q2 adjusted EPS $0.53, names Tim Burke President and COO
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- 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%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/0001628280-25-035500-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb-20250722.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-035500

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