Old National Bancorp Reports Record Q4 2025 Performance and Strong 2026 Outlook
ONB sits 53% above its 52-week low of $16.825.
Summary
Old National Bancorp announced record adjusted earnings and efficiency for Q4 and full-year 2025, alongside robust loan and deposit growth, improved credit quality, and a positive outlook for over 15% EPS growth in 2026.
Key Events · Earnings and Guidance · ONB
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Record Financial Performance
Achieved record adjusted EPS, net income, and efficiency ratio for full-year 2025, demonstrating peer-leading profitability.
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Strong Profitability & Capital
Reported adjusted Return on Average Tangible Common Equity (ROATCE) of 19.9% and Return on Average Assets (ROAA) of 1.37%, with Common Equity Tier 1 (CET1) capital at 11.08% and 2.2 million shares repurchased in 2025.
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Robust Growth & Credit Quality
Saw 6.4% annualized loan growth and 0.6% annualized deposit growth in Q4, coupled with an 8% decline in criticized and classified loans and low net charge-offs of 16 basis points (excluding PCD loans).
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Positive 2026 Outlook
Provided guidance for over 15% year-over-year EPS growth in 2026, driven by positive operating leverage and stable net interest income.
Analysis · ONB · Finance
This 8-K details Old National Bancorp's strong financial results for the fourth quarter and full-year 2025, highlighting record profitability and efficiency. The company demonstrated robust loan and deposit growth, alongside significant improvements in credit quality and capital generation, including substantial share repurchases. The positive outlook for 2026, projecting over 15% EPS growth, suggests continued operational strength and favorable market positioning. Investors should view this as a strong signal of the company's health and future prospects, especially as it trades near its 52-week high.
At the time of this filing, ONB was trading at $25.67 on NASDAQ in the Finance sector, with a market capitalization of approximately $10B. The 52-week trading range was $16.83 to $26.17. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.