The earnings call reflected a strong performance in the second quarter with impressive earnings growth, successful integration of the Bremer partnership, and improved credit metrics. However, challenges such as increased competition in loan growth and ongoing economic uncertainties were noted.

Company Guidance -

Q3 2025

During Old National Bancorp's second quarter 2025 earnings call, the company reported strong performance, meeting or exceeding all previous guidance metrics. Notably, the allowance for credit losses improved by 8 basis points to 1.24%, and the CET1 ratio was better than expected at 10.74%. The tangible book value increased by 14% year-over-year despite the recent partnership with Bremer Bank, which closed ahead of schedule on May 1st. The integration of Bremer is on track for systems conversion by mid-October. Net charge-offs remained within the expected range, while legacy criticized and classified assets were reduced by 9%. The company highlighted a significant increase in adjusted earnings per share to $0.53, an 18% increase over the prior quarter, with strong contributions from Bremer operations, organic growth in loans and deposits, margin expansion, and well-controlled expenses. Looking ahead, Old National expects continued growth in net interest income and margin, driven by loan growth, Bremer's integration, and favorable repricing dynamics. They project full-year loan growth, excluding Bremer's impact, to be in the 4% to 6% range, but likely toward the lower end due to competition and economic uncertainties.

Strong Second Quarter Earnings

Old National reported GAAP Q2 earnings per share of $0.34. Excluding $0.19 of net merger-related expenses, adjusted EPS was $0.53, marking an 18% increase over the prior quarter and a 15% increase year over year.

Successful Bremer Partnership

Closed the partnership with Bremer Bank two months ahead of schedule, contributing to higher than expected capital levels and enabling retention of CRE loans initially slated for sale.

Improved Credit Metrics

Legacy criticized and classified assets reduced by 9%, and allowance for credit losses improved by 8 basis points to 1.24%.

Growth in Core Deposits

Total deposits increased by $13.3 billion, with core deposits ex-brokered up $11.6 billion. Non-interest-bearing deposits represent 25% of core deposits, up 2% from the previous quarter.

Increase in Tangible Book Value

Tangible book value increased by 14% year over year despite the impact of the Bremer partnership.

Old National Bancorp Capital (ONB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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ONB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q3)	0.56 / -	0.46	―	―	―
Jul 22, 2025	2025 (Q2)	0.52 / 0.53	0.46	15.22% (+0.07)
Apr 22, 2025	2025 (Q1)	0.43 / 0.45	0.45	0.00% (0.00)
Jan 21, 2025	2024 (Q4)	0.46 / 0.49	0.46	6.52% (+0.03)
Oct 22, 2024	2024 (Q3)	0.46 / 0.46	0.51	-9.80% (-0.05)
Jul 23, 2024	2024 (Q2)	0.44 / 0.46	0.54	-14.81% (-0.08)
Apr 23, 2024	2024 (Q1)	0.43 / 0.45	0.54	-16.67% (-0.09)
Jan 23, 2024	2023 (Q4)	0.48 / 0.46	0.56	-17.86% (-0.10)
Oct 24, 2023	2023 (Q3)	0.50 / 0.51	0.51	0.00% (0.00)
Jul 25, 2023	2023 (Q2)	0.50 / 0.54	0.46	17.39% (+0.08)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ONB Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 22, 2025	$22.65	$22.31	-1.50%
Apr 22, 2025	$19.07	$19.80	+3.83%
Jan 21, 2025	$22.63	$23.35	+3.18%
Oct 22, 2024	$18.51	$18.51	0.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Old National Bancorp Capital (ONB) report earnings?

Old National Bancorp Capital (ONB) is schdueled to report earning on Oct 28, 2025, Before Open (Confirmed).

What is Old National Bancorp Capital (ONB) earnings time?

Old National Bancorp Capital (ONB) earnings time is at Oct 28, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ONB EPS forecast?

ONB EPS forecast for the fiscal quarter 2025 (Q3) is 0.56.

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