Old National reports record Q3 2026 net income of $250.0 million, EPS $0.66
Old National Bancorp reported record third quarter 2026 net income applicable to common shares of $250.0 million, or $0.66 per diluted share, up from $0.65 in the second quarter and $0.46 a year earlier. Results were helped by a $1.3 billion increase in average deposits and higher loan balances, while net interest margin fell 2 basis points to 3.52%. The company also repurchased $100 million of common stock during the quarter.
Key points
- Net income applicable to common shares was $250.0 million; adjusted figure was $249.7 million, with EPS of $0.66 on both bases.
- Period-end total deposits were $57.6 billion, up 10.6% annualized; total loans were $51.2 billion, up 2.9% annualized.
- Net interest margin was 3.52%, down 2 basis points; provision for credit losses was $33.6 million versus $36.2 million in the prior quarter.
- The company repurchased $100 million, or 3.9 million shares, of common stock during the quarter; a conference call is set for 9:00 a.m. Central Time on October 21, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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