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Old National Bancorp Capital (ONB)
NASDAQ:ONB
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.51Last Year’s EPS
0.46Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 22, 2025
|% Change Since: 7.29%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Neutral
Old National Bancorp delivered strong financial results with better-than-expected earnings, robust deposit and loan growth, and a successful Bremer Bank partnership. However, challenges include economic uncertainties impacting loan forecasts and competitive pressures in the CRE market. Overall, the sentiment is balanced with confidence in strategic initiatives but caution due to external factors.Company Guidance
During the Old National Bancorp First Quarter 2025 Earnings Conference Call, the company provided guidance indicating a positive outlook for the year, despite the challenging economic environment. The company's adjusted earnings per share for the first quarter were $0.45, with net interest income and margin performance in line with expectations. Old National reported a tangible book value per share increase of 5% from the previous quarter and 13% year-over-year, with a strong CET1 ratio of 11.62%. Deposit growth was strong, with total deposits up 2.1% annualized and core deposits ex-brokered up 1.7% annualized. The company maintained a loan-to-deposit ratio of 89% and reported a cumulative total deposit beta of 37%. Moving forward, the company expects continued growth in net interest income and margin, supported by repricing dynamics and the Bremer Bank partnership. The guidance for the second quarter and full year 2025 includes expected full-year loan growth of 4% to 6%, with the Bremer partnership anticipated to close on May 1, providing additional scale and earnings growth.Better-than-Expected Earnings
Old National Bancorp reported earnings per share of $0.44, with adjusted earnings per share at $0.45, driven by strong loan and deposit growth.
Strong Deposit and Loan Growth
Total deposit growth was up 2.1% annualized, and core deposits excluding brokered deposits increased by 1.7% annualized. End-of-period total loans increased 1.5% annualized from last quarter.
Successful Bremer Bank Partnership
Old National received regulatory approvals for the Bremer Bank partnership, with legal close anticipated on May 1. This partnership enhances their footprint and provides a boost for balance sheet and earnings growth.
Improved Tangible Book Value
Tangible book value per share increased by 5% compared to the previous quarter and by 13% year-over-year.
Strong Capital Position
CET1 ratio increased to 11.62%, up 86 basis points from a year ago, providing significant flexibility for future growth.
ONB Earnings History
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 |
|---|---|---|---|
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% |
Jul 23, 2024 | $19.25 | $19.66 | +2.13% |
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 Jul 29, 2025, TBA Not Confirmed.
What is Old National Bancorp Capital (ONB) earnings time?
Old National Bancorp Capital (ONB) earnings time is at Jul 29, 2025, TBA Not 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 (Q2) is 0.51.