Old National Q1 2026 profit rises to $229.6 million, diluted EPS $0.59
Old National Bancorp reported first-quarter 2026 net income applicable to common shares of $229.6 million, or $0.59 per diluted share, up from $212.6 million and $0.55 in the fourth quarter of 2025. Excluding merger-related charges, a pension-related expense and realized debt securities gains, adjusted EPS was $0.61. Net interest margin fell 10 basis points to 3.55%, and the company repurchased 3.9 million shares during the quarter.
Key points
- Net income applicable to common shares was $229.6 million, compared with $212.6 million in Q4 2025 and $140.6 million in Q1 2025.
- Diluted EPS was $0.59, versus $0.55 in Q4 2025 and $0.44 in Q1 2025; adjusted EPS was $0.61.
- Net interest income (tax-equivalent basis) fell to $580.4 million from $588.8 million, and net interest margin decreased to 3.55%.
- Total loans rose to $49.8 billion and total deposits to $55.7 billion at March 31, 2026; the company repurchased 3.9 million shares.
The filing
Written by AI on Nov 8, 2026, 1:17 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, 2026.
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.