Quarterly ResultApr 22, 2026, 07:03 AM
Old National Bancorp Reports 1Q26 EPS of $0.59; Loans Up 8.0%
AI Summary
Old National Bancorp reported strong first-quarter 2026 results, with diluted EPS of $0.59 ($0.61 adjusted) and net income of $229.6 million ($237.7 million adjusted). The company achieved robust loan growth of 8.0% annualized and deposit growth of 4.2% annualized, while maintaining strong credit quality and capital levels. CEO Jim Ryan highlighted disciplined execution and confidence in full-year expectations, further supported by share repurchases.
Key Highlights
- 1Q26 diluted EPS was $0.59, or $0.61 adjusted.
- Net income applicable to common shares was $229.6 million, or $237.7 million adjusted.
- Period-end total deposits reached $55.7 billion, up 4.2% annualized.
- End-of-period total loans were $49.8 billion, up 8.0% annualized.
- Repurchased 3.9 million shares of common stock during the quarter.