Old National reports record Q2 2026 net income of $249.4 million, $0.65 diluted EPS
Old National Bancorp reported record second quarter 2026 net income applicable to common shares of $249.4 million, or $0.65 per diluted share, up from $229.6 million and $0.59 in the first quarter of 2026. The company also restructured its senior leadership by forming an Operating Group, adding four leaders to its Executive Leadership Team, and creating a Chief Government and Corporate Affairs Officer role.
Key points
- Net income applicable to common shares was $249.4 million, or $0.65 per diluted share, versus $229.6 million and $0.59 in the first quarter of 2026
- Net interest margin on a fully taxable equivalent basis was 3.54%, down 1 basis point; period-end total loans were $50.8 billion
- Eight executives form the new Operating Group, including CEO Jim Ryan and CFO John Moran; four leaders were added to the Executive Leadership Team
- Rafael Sanchez moves to Chief Government and Corporate Affairs Officer and reports to Chief Risk Officer Scott Evernham
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits 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 July 22, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.