NASDAQ$ONB

Old National Bancorp · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Old National Bancorp reported Q4 2025, revenue of $588.8M, net income of $212.6M, diluted EPS of $0.55.

For Q4 2025, Old National Bancorp reported revenue of $588.8M, net income of $212.6M, diluted EPS was $0.55, adjusted diluted EPS was $0.62. The filing discusses segment trends, liquidity, and management's outlook for upcoming periods.

  • Revenue $588.8M.
  • Net income $212.6M.
  • Diluted EPS $0.55.
  • Adjusted diluted EPS $0.62.

Headline financials

Total Revenue

$589M

Previous: $490M+20.2%
EPS (adj)

$0.62

Previous: $0.49+26.5%
Efficiency ratio

51.6%

No prior period
Adjusted efficiency

46.0%

No prior period
Net interest margin

3.6%

No prior period
ROAA

1.2%

No prior period
ROAE

10.4%

No prior period
ROATCE

17.8%

No prior period
Adj. ROATCE

19.9%

No prior period
Net charge-offs to avg loans

0.3%

No prior period
ACL to EOP loans

1.2%

No prior period
Nonaccrual to loans

1.1%

No prior period
Tier 1 common equity

11.1%

No prior period
Tier 1 capital

11.5%

No prior period
Total capital

12.8%

No prior period
Leverage ratio

8.9%

No prior period
Equity to avg assets

11.7%

No prior period
TCE to RWA

10.0%

No prior period
TCE to TA

7.7%

No prior period
30+ day delinq. to loans

0.2%

No prior period
Net Income

$213M

Previous: $154M+38.2%
Operating Income

$312M

Previous: $186M+67.8%

Revenue & EPS history

Old National · Revenue · Quarterly

$589M

Q4 2025+20.2%vs Q4 2024
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

Old National · $54.5M total across 6 segments · Q3 2023

  • Deposit account fees
    $18.5M-7.6%
  • Debit & ATM fees
    $10.8M+2.0%
  • Other income
    $10.5M+51.1%
  • Capital markets
    $5.89M-33.9%
  • Mortgage banking
    $5.06M-5.5%
  • Life insurance income
    $3.74M+11.3%

Forward guidance

Management discusses Old National Bancorp's outlook, including capital deployment, operating priorities, and key risks, alongside any formal guidance in the earnings materials.

Tailwinds

  • Old National Bancorp cites execution on strategic priorities and demand in core markets.
  • Liquidity and balance sheet capacity support continued investment and returns.

Headwinds

  • Macro, rates, and input costs may pressure margins or volumes.
  • Segment mix and non-recurring items can affect sequential comparability.

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 Q4 2025

Historical avgQ4 2025

-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

Earnings price reactions
QuarterReport dateReaction (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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