OLD NATIONAL BANCORP /IN/
For the period ended Sep 30, 2026. Filed Oct 28, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 28, 2026
ONB$25.26-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows (unaudited)
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| (dollars in thousands) | 2026 | 2025 |
| Cash Flows From Operating Activities | ||
| Net income | $741,080 | $452,634 |
| Adjustments to reconcile net income to cash provided by operating activities: | ||
| Depreciation | 37,240 | 32,115 |
| Amortization of other intangible assets | 72,946 | 52,644 |
| Amortization of tax credit investments | 23,049 | 16,296 |
| Net (discount accretion) premium amortization | (120,786) | (95,091) |
| Share-based compensation expense | 26,609 | 30,760 |
| Provision for credit losses | 104,732 | 164,976 |
| Debt securities (gains) losses, net | (46) | 110 |
| Net (gains) losses on sales of loans and other assets | (9,210) | (9,585) |
| Increase in cash surrender value of company-owned life insurance | (23,418) | (19,571) |
| Residential real estate loans originated for sale | (990,082) | (865,826) |
| Proceeds from sales of residential real estate loans | 1,021,736 | 838,225 |
| (Increase) decrease in interest receivable | (2,131) | (50,927) |
| (Increase) decrease in other assets | (89,216) | 128,383 |
| Increase (decrease) in accrued expenses and other liabilities | 72,929 | (152,855) |
| Net cash flows provided by (used in) operating activities | 865,432 | 522,288 |
| Cash Flows From Investing Activities | ||
| Cash received from merger, net | — | 135,124 |
| Purchases of investment securities available-for-sale | (2,424,244) | (4,077,327) |
| Purchases of Federal Home Loan Bank/Federal Reserve Bank stock | (41,747) | (93,325) |
| Purchases of equity securities | (10,609) | (6,923) |
| Proceeds from maturities, prepayments, and calls of investment securities available-for-sale | 1,874,769 | 1,149,256 |
| Proceeds from sales of investment securities available-for-sale | 91,308 | 2,082,052 |
| Proceeds from maturities, prepayments, and calls of investment securities held-to-maturity | 81,140 | 54,213 |
| Proceeds from sales of Federal Home Loan Bank/Federal Reserve Bank stock | 11,058 | 71,234 |
| Proceeds from sales of equity securities | 12,321 | 4,636 |
| Loan originations and payments, net | (2,383,208) | (546,956) |
| Proceeds from sales of commercial loans | 15,289 | 95,298 |
| Proceeds from company-owned life insurance death benefits | 16,208 | 16,507 |
| Proceeds from sales of premises and equipment and other assets | 347 | 2,368 |
| Purchases of premises and equipment and other assets | (23,109) | (22,189) |
| Net cash flows provided by (used in) investing activities | (2,780,477) | (1,136,032) |
| Cash Flows From Financing Activities | ||
| Net increase (decrease) in: | ||
| Deposits | 2,550,912 | 1,320,267 |
| Federal funds purchased and interbank borrowings | (99,713) | (384) |
| Securities sold under agreements to repurchase | (20,668) | (40,512) |
| Other borrowings | 565,164 | (72,730) |
| Payments for maturities of Federal Home Loan Bank advances | (4,055,000) | (2,295,285) |
| Proceeds from Federal Home Loan Bank advances | 3,325,000 | 1,926,200 |
| Cash dividends paid | (179,133) | (166,472) |
| Common stock repurchased | (319,680) | (46,698) |
| Common stock issued for ESPP | 1,014 | 771 |
| Common stock issued for forward sale agreements | — | 443,236 |
| Net cash flows provided by (used in) financing activities | 1,767,896 | 1,068,393 |
| Net increase (decrease) in cash and cash equivalents | (147,149) | 454,649 |
| Cash and cash equivalents at beginning of period | 1,826,177 | 1,227,968 |
| Cash and cash equivalents at end of period | $1,679,028 | $1,682,617 |
CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) – (Continued)
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| (dollars in thousands) | 2026 | 2025 |
| Supplemental Cash Flow Information: | ||
| Total interest paid | $951,423 | $925,019 |
| Total income taxes paid (net of refunds) | 64,959 | 54,159 |
| Noncash Investing and Financing Activities: | ||
| Common stock issued for merger, net | — | 1,033,262 |
| Investment securities purchased but not settled | 74,482 | — |
| Operating lease right-of-use assets obtained in exchange for lease obligations | 4,555 | 55,398 |
| Finance lease right-of-use assets obtained in exchange for lease obligations | (1,082) | 7,728 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.