Old National Bancorp Reports Record Adjusted EPS and Net Income for Full Year 2025
ONB sits 36% above its 52-week low of $16.825.
Summary
Old National Bancorp announced strong fourth quarter and record full-year 2025 financial results, driven by record adjusted earnings per share, net income, and an improved efficiency ratio.
Key Events · Earnings and Guidance · ONB
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Record Full-Year Adjusted Performance
The company achieved new organizational records for adjusted diluted EPS of $2.21, adjusted net income of $808.6 million, and an adjusted efficiency ratio of 46.0% for the full year 2025.
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Strong Fourth Quarter Earnings
For Q4 2025, Old National Bancorp reported adjusted diluted EPS of $0.62 and adjusted net income applicable to common shares of $241.0 million.
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Improved Efficiency and Net Interest Margin
The adjusted efficiency ratio improved to 46.0% in Q4, and the net interest margin on a fully taxable equivalent basis increased 1 basis point to 3.65%.
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Solid Loan Growth and Capital
Period-end total loans grew 6.4% annualized to $48.8 billion, and preliminary regulatory Tier 1 common equity to risk-weighted assets increased to 11.08%.
Analysis · ONB · Finance
Old National Bancorp delivered strong fourth quarter results, capping an exceptional year with new organizational records for adjusted earnings per share, net income, and efficiency ratio. The company demonstrated solid operational performance with an improved net interest margin and significant loan growth. While there was a slight increase in provision for credit losses and net charge-offs, nonaccrual loans decreased, and capital ratios remained robust, indicating a healthy financial position. Investors should view these results as a positive indicator of the company's operational efficiency and growth trajectory.
At the time of this filing, ONB was trading at $22.88 on NASDAQ in the Finance sector, with a market capitalization of approximately $8.9B. The 52-week trading range was $16.83 to $24.49. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.