NASDAQ$ONB
Old National Bancorp · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Old National's first quarter was driven by the transformative merger with First Midwest and strong commercial loan growth.
Old National Bancorp reported a net loss applicable to common shares of $29.6 million, or $(0.13) per diluted share, for 1Q22. However, adjusted net income applicable to common shares was $91.6 million, or $0.40 per diluted common share. The results were driven by robust commercial loan growth and the completion of the merger with First Midwest.
- Net loss applicable to common shares of $29.6 million; adjusted net income applicable to common shares of $91.6 million.
- EPS of $(0.13); adjusted EPS of $0.40.
- Net interest income on a fully taxable equivalent basis of $226.6 million.
- Net interest margin on a fully taxable equivalent basis of 2.88%.
Headline financials
Revenue & EPS history
Old National · Revenue · Quarterly
$288M
Revenue by segment
Old National · $54.5M total across 6 segments · Q3 2023
- Deposit account fees$18.5M-7.6%34.0%
- Debit & ATM fees$10.8M+2.0%19.9%
- Other income$10.5M+51.1%19.2%
- Capital markets$5.89M-33.9%10.8%
- Mortgage banking$5.06M-5.5%9.3%
- Life insurance income$3.74M+11.3%6.9%
Forward guidance
This communication contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, descriptions of Old National’s financial condition, results of operations, asset and credit quality trends, profitability and business plans or opportunities.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
-0.0%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+2.6%
Avg return
30 days after
54%
37 / 69 earnings
Positive
+10.8%
Q2 2020
Best reaction
-8.0%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | -0.1% | +0.6% | |
| Q4 2025 | +4.9% | +3.4% | +10.0% | |
| Q3 2025 | +0.4% | +0.5% | +2.0% | |
| Q2 2025 | -1.0% | -1.3% | +3.8% | |
| Q1 2025 | +3.8% | +8.5% | +8.1% | |
| Q4 2024 | +2.2% | +0.6% | +4.5% | |
| Q3 2024 | +0.2% | -0.8% | +12.1% | |
| Q2 2024 | +0.5% | +2.3% | -5.5% | |
| Q1 2024 | +0.8% | +0.7% | +1.6% | |
| Q4 2023 | -0.4% | +1.2% | -1.9% | |
| Q3 2023 | -3.8% | -1.9% | +5.6% | |
| Q2 2023 | +9.4% | +7.9% | -2.5% | |
| Q1 2023 | +0.9% | -0.7% | -5.6% | |
| Q4 2022 | -6.4% | -6.0% | -0.9% | |
| Q3 2022 | +4.0% | +5.7% | +2.8% | |
| Q2 2022 | +4.7% | +7.3% | +7.8% | |
| Q1 2022 | -1.0% | -1.6% | +3.0% | |
| Q4 2021 | -3.7% | -6.9% | -12.0% | |
| Q3 2021 | +3.9% | +3.9% | +7.0% | |
| Q2 2021 | +1.1% | -0.4% | +1.2% | |
| Q1 2021 | -3.0% | +0.4% | +0.8% | |
| Q4 2020 | +1.0% | +1.3% | -0.4% | |
| Q3 2020 | +3.5% | +7.0% | +18.7% | |
| Q2 2020 | +10.8% | +7.8% | +8.9% | |
| Q1 2020 | -1.0% | -0.9% | -2.4% | |
| Q4 2019 | -2.5% | -1.7% | -1.5% | |
| Q3 2019 | +4.0% | +5.4% | +5.9% | |
| Q2 2019 | +3.2% | +5.4% | +1.3% | |
| Q1 2019 | +0.6% | +0.9% | -1.4% | |
| Q4 2018 | -3.7% | -0.8% | +6.3% | |
| Q3 2018 | -6.5% | -9.3% | -3.0% | |
| Q2 2018 | +3.9% | +1.5% | +5.2% | |
| Q1 2018 | +7.4% | +4.2% | +7.4% | |
| Q4 2017 | -3.5% | -5.2% | -5.7% | |
| Q3 2017 | +1.1% | +0.8% | -5.1% | |
| Q2 2017 | -2.1% | -3.3% | -2.1% | |
| Q1 2017 | -1.4% | -3.7% | -6.6% | |
| Q4 2016 | +3.2% | +2.3% | +8.0% | |
| Q3 2016 | +0.5% | -0.2% | +18.6% | |
| Q2 2016 | -0.1% | +4.2% | +7.6% | |
| Q1 2016 | -4.6% | — | — | |
| Q4 2015 | -8.0% | — | — | |
| Q3 2015 | -3.2% | — | — | |
| Q2 2015 | +0.7% | — | — | |
| Q1 2015 | -4.7% | — | — | |
| Q4 2014 | +0.4% | — | — | |
| Q3 2014 | +8.2% | — | — | |
| Q2 2014 | -2.1% | — | — | |
| Q1 2014 | +0.1% | — | — | |
| Q4 2013 | -3.9% | — | — | |
| Q3 2013 | -2.6% | — | — | |
| Q2 2013 | -1.2% | — | — | |
| Q1 2013 | -5.1% | — | — | |
| Q4 2012 | +3.7% | — | — | |
| Q3 2012 | -7.2% | — | — | |
| Q2 2012 | +1.0% | — | — | |
| Q1 2012 | +0.5% | — | — | |
| Q4 2011 | -0.5% | — | — | |
| Q3 2011 | -3.1% | — | — | |
| Q4 2009 | -4.7% | — | — | |
| Q2 2011 | -4.7% | — | — | |
| Q4 2010 | -4.7% | — | — | |
| Q1 2010 | -0.8% | — | — | |
| Q1 2011 | +1.8% | — | — | |
| Q4 2008 | +1.0% | — | — | |
| Q3 2009 | +2.0% | — | — | |
| Q3 2010 | +2.0% | — | — | |
| Q2 2010 | +1.3% | — | — | |
| Q2 2009 | +1.3% | — | — |
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