AI brief of an SEC Form 8-K · Old National Bank (ONB)

Old National Q1 2025 net income $140.6 million, EPS $0.44, down from $0.47 in Q4

Mixed Impact 3 of 5 earnings Written later

Old National Bancorp reported first-quarter 2025 net income applicable to common shares of $140.6 million, or $0.44 per diluted share, compared with $149.8 million and $0.47 in the fourth quarter of 2024, and up from $116.3 million and $0.40 a year earlier. Net interest income fell sequentially to $393.0 million, and management said the bank anticipates closing its partnership with Bremer Bank on May 1, 2025.

Key points

  • Net income applicable to common shares $140.6 million; adjusted $145.5 million, or $0.45 per diluted share, excluding $5.9 million of pre-tax merger-related charges and realized debt securities losses
  • Net interest income $393.0 million vs $400.0 million in Q4 2024; net interest margin 3.27%, down 3 basis points
  • Period-end total deposits $41.0 billion, up 2.1% annualized; total loans $36.5 billion, up 1.5% annualized
  • Partnership with Bremer Bank anticipated to close on May 1, 2025, according to CEO Jim Ryan

The filing

CompanyOld National Bank (ONB)
Form8-K, current report
Filed with the SECApr 22, 2025, 7:05 AM ET
Accession number0001628280-25-018713

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 7:02 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 22, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.