OLD NATIONAL BANCORP /IN/

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 19, 2026

ONB$25.26-0.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Income

	Years Ended December 31,
(dollars and shares in thousands, except per share data)	2025	2024	2023
Interest Income
Loans including fees:
Taxable	$2,621,105	$2,139,437	$1,815,390
Nontaxable	67,445	50,517	44,687
Investment securities:
Taxable	492,918	323,703	263,210
Nontaxable	40,161	42,159	43,851
Money market and other interest-earning investments	48,224	45,835	39,683
Total interest income	3,269,853	2,601,651	2,206,821
Interest Expense
Deposits	953,217	846,262	484,360
Federal funds purchased and interbank borrowings	4,448	3,262	11,412
Securities sold under agreements to repurchase	2,568	2,752	3,299
Federal Home Loan Bank advances	214,856	177,317	161,860
Other borrowings	36,890	41,275	42,737
Total interest expense	1,211,979	1,070,868	703,668
Net interest income	2,057,874	1,530,783	1,503,153
Provision for credit losses	197,721	110,619	58,887
Net interest income after provision for credit losses	1,860,153	1,420,164	1,444,266
Noninterest Income
Wealth and investment services fees	144,161	116,791	107,784
Service charges on deposit accounts	100,406	78,175	71,945
Debit card and ATM fees	49,288	43,400	42,153
Mortgage banking revenue	38,406	26,237	16,319
Capital markets income	37,329	20,299	24,419
Company-owned life insurance	26,670	20,987	15,397
Debt securities gains (losses), net	(37)	(212)	(6,265)
Gain on sale of Visa Class B restricted shares	—	—	21,635
Other income	70,308	49,020	39,955
Total noninterest income	466,531	354,697	333,342
Noninterest Expense
Salaries and employee benefits	749,013	603,095	546,364
Occupancy	129,170	110,429	106,676
Equipment	48,354	36,588	32,163
Marketing	55,210	45,607	39,511
Technology	120,476	88,797	80,343
Communication	23,616	17,337	16,980
Professional fees	61,902	35,291	27,335
FDIC assessment	48,394	44,681	56,730
Amortization of intangibles	78,660	27,528	24,155
Amortization of tax credit investments	26,118	13,329	15,367
Other expense	144,378	71,741	80,682
Total noninterest expense	1,485,291	1,094,423	1,026,306
Income before income taxes	841,393	680,438	751,302
Income tax expense	172,136	141,250	169,310
Net income	669,257	539,188	581,992
Preferred dividends	(16,135)	(16,135)	(16,135)
Net income applicable to common shareholders	$653,122	$523,053	$565,857
Net income per common share - basic	$1.80	$1.69	$1.95
Net income per common share - diluted	1.79	1.68	1.94
Weighted average number of common shares outstanding - basic	363,513	309,499	290,748
Weighted average number of common shares outstanding - diluted	365,464	311,001	291,855
Dividends per common share	$0.56	$0.56	$0.56

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.