earnings
confidence high
sentiment neutral
materiality 0.75
Old National Q1 EPS $0.59 ($0.61 adj); loan growth 8% annualized, NIM 3.55%
OLD NATIONAL BANCORP /IN/
2026-Q1 EPS
reported $0.59
vs consensus $0.61
▼ miss
(-3.6%)
- Net income applicable to common shares $229.6M, diluted EPS $0.59; adjusted EPS $0.61.
- Net interest income (FTE) $580.4M; NIM 3.55%, down 10 bps linked quarter.
- Period-end total loans $49.8B, up 8.0% annualized; deposits $55.7B, up 4.2% annualized.
- Net charge-offs 26 bps of avg loans (19 bps ex-PCD); nonaccrual loans 1.03%.
- Repurchased 3.9M shares; issued $450M subordinated notes; Tier 1 common equity 11.11%.