Old National Bancorp Reports Record Third Quarter 2026 Results
Old National Bancorp reported record third-quarter 2026 net income applicable to common shares of $250.0 million, or $0.66 per diluted share, with adjusted EPS also at $0.66. Net interest margin held at 3.52% (down 2 bps), while deposits grew 10.6% annualized to $57.6 billion and loans rose 2.9% annualized to $51.2 billion; credit quality was stable with net charge-offs of 27 bps of average loans.
Key figures
- Eps
- 0.66
- Revenue
- $592.0 million net interest income (FTE) plus $128.4 million noninterest income
- Guidance
- No formal forward guidance; management notes the franchise is well positioned to build on momentum
- Ppnr
- 365000000
- Roatce
- 19.6%
- Nim fte
- 3.52%
- Cet1 ratio
- 11.11%
- Total loans
- $51.2 billion
- Adjusted eps
- 0.66
- Total assets
- $74.4 billion
- Adjusted ppnr
- 364800000
- Buyback amount
- $100 million
- Dividends paid
- $55 million
- Total deposits
- $57.6 billion
- Efficiency ratio
- 46.1%
- Shares repurchased
- 3.9 million shares
- Adjusted net income
- 249700000
- Noninterest expense
- 355400000
- Net income to common
- 250000000
- Combined payout ratio
- 62%
- Net charge offs ratio
- 27 bps
- Loan growth annualized
- 2.9%
- Adjusted efficiency ratio
- 44.9%
- Deposit growth annualized
- 10.6%
- Provision for credit losses
- 33600000
AI analysis
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