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Old National Reports Record $250 Million Third-Quarter Profit

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Old National Bancorp (NASDAQ: ONB) reported record third-quarter 2026 net income applicable to common shares of $250.0 million, or $0.66 per diluted common share. GAAP net income totaled $254.0 million for the quarter ended September 30, 2026.

The bank reported $57.6 billion in period-end deposits and $51.2 billion in period-end loans. It repurchased $100 million of common stock and paid $55 million in quarterly cash dividends during the quarter.

  • Net interest income was $584.3 million, while fully taxable-equivalent net interest income was $592.0 million.
  • GAAP net interest margin was 3.47%; fully taxable-equivalent net interest margin was 3.52%.
  • Provision for credit losses was $33.6 million, and net charge-offs were $34.1 million.
  • Noninterest income was $128.4 million and noninterest expense was $355.4 million.
  • The efficiency ratio was 46.1%, and the preliminary common equity tier 1 ratio was 11.11%.

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