OLD NATIONAL BANCORP /IN/

ONB 10-Q · Q1 2026

ONB Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Interest And Fee Income Loans And Leases 696,362 515,766 +35.0%
Show Reclassification Type breakouts
Segment Portfolio Reclassification, Adjusted Balance [Member] 497.7
Interest And Fee Income Nontaxable 20,090 10,177 +97.4%
Interest Income Securities Taxable 140,359 85,534 +64.1%
Interest Income Securities Tax Exempt 9,636 10,107 -4.7%
Interest Income Deposits With Financial Institutions 10,944 8,815 +24.2%
Interest And Dividend Income Operating 877,391 630,399 +39.2%
Interest Expense Deposits 233,331 190,495 +22.5%
Interest Expense Federal Funds Purchased 23 1,625 -98.6%
Interest Expense Securities Sold Under Agreements To Repurchase 594 551 +7.8%
Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term 58,052 41,896 +38.6%
Interest Expense Other Long Term Debt 12,818 8,189 +56.5%
Interest Expense Operating 304,818 242,756 +25.6%
Interest Income Expense Net 572,573 387,643 +47.7%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -1,665 -1,196 -39.2%
Unrecognized Gains and Losses on Held-to-Maturity Securities · Reclassification Out Of Accumulated Other Comprehensive Income -3,656 -3,915 +6.6%
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal 34,946 31,403 +11.3%
Show Fair Value By Asset Class breakouts
Impaired Commercial and Commercial Real Estate Loans 2.1 9.6 -78.1%
Interest Income Expense After Provision For Loan Loss 537,627 356,240 +50.9%
Fees And Commission Fiduciary And Trust Activities 39,715 29,648 +34.0%
Fees And Commissions Depositor Account 26,937 21,156 +27.3%
Debit Card And Atm Fees 12,038 9,991 +20.5%
Fees And Commissions Mortgage Banking And Servicing 9,554 6,879 +38.9%
Capital Markets Income 11,016 4,506 +144.5%
Bank Owned Life Insurance Income 7,561 5,381 +40.5%
Debt And Equity Securities Gain Loss 75 -76 +198.7%
Show Equity Components breakouts
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income 75 -76 +198.7%
Noninterest Income Other Operating Income 15,450 16,309 -5.3%
Noninterest Income 122,346 93,794 +30.4%
Labor And Related Expense 184,073 148,305 +24.1%
Occupancy Net 36,995 29,053 +27.3%
Equipment Expense 12,075 8,901 +35.7%
Marketing And Advertising Expense 16,434 11,940 +37.6%
Information Technology And Data Processing 29,025 22,020 +31.8%
Communication 6,196 4,134 +49.9%
Professional Fees 12,356 7,919 +56.0%
Federal Deposit Insurance Corporation Premium Expense 13,756 9,700 +41.8%
Amortization Of Intangible Assets 25,623 6,830 +275.2%
Income Loss From Affordable Housing Projects Equity Method Investments 7,111 3,424 +107.7%
Other Noninterest Expense 21,060 16,245 +29.6%
Noninterest Expense 364,704 268,471 +35.8%
Income Before Taxes 295,269 181,563 +62.6%
Income Tax Expense (Benefit) 61,597 36,904 +66.9%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -431 -309 -39.5%
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income 19 -20 +195.0%
Unrecognized Gains and Losses on Held-to-Maturity Securities · Reclassification Out Of Accumulated Other Comprehensive Income -928 -994 +6.6%
Net Income 233,672 144,659 +61.5%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -1,234 -887 -39.1%
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income 56 -56 +200.0%
Retained Earnings 233,672 144,659 +61.5%
Unrecognized Gains and Losses on Held-to-Maturity Securities · Reclassification Out Of Accumulated Other Comprehensive Income -2,728 -2,921 +6.6%
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income -3,906 -3,864 -1.1%
Preferred Stock Dividends Income Statement Impact -4,034 -4,034 0.0%
Net Income Loss Available To Common Stockholders Basic 229,638 140,625 +63.3%
EPS (Basic) 0.6 0.45 +33.3%
EPS (Diluted) 0.59 0.44 +34.1%
Wtd Avg Shares (Basic) 385,849 315,925 +22.1%
Wtd Avg Shares (Diluted) 388,054 321,016 +20.9%
Common Stock Dividends Per Share Declared 0.14 0.14 +3.6%
Comprehensive Income 169,089 242,193 -30.2%
Other Comprehensive Income -64,583 97,534 -166.2%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -64,583 97,534 -166.2%
Interest Expense (Q)
Show Financial Instrument breakouts
Loans held-for-sale -38 -9 -322.2%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 1,754,148
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 1,754,148
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 1,754,148
Non-Current Assets
Goodwill 2,429,756 2,175,251 +11.7%
Intangible Assets 456,663 114,017 +300.5%
Show Finite Lived Intangible Assets By Major Class breakouts
Core Deposits 397,529 87,880 +352.4%
Customer Relationships 59,134 26,137 +126.2%
Total Assets 73,002,651
Operating Lease Right-of-Use Assets 204,165 176,826 +15.5%
Other Assets
Cash And Due From Banks 537,322 486,061 +10.5%
Interest Bearing Deposits In Banks 1,216,826 753,719 +61.4%
Equity Securities Fv Ni 125,596 91,650 +37.0%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 125,596 91,650 +37.0%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure · Fair Value Measurements Recurring 125,596 91,650 +37.0%
Debt Securities Available For Sale Excluding Accrued Interest 11,446,062
Show Financial Instrument breakouts
Mortgage Backed Securities 9,399,295
Other Debt Securities 172,269
Pooled trust preferred securities 11,799
US Government Sponsored Enterprises Debt Securities 1,334,918
US States And Political Subdivisions 314,529
US Treasury Securities 213,252
Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss 2,859,826
Federal Home Loan Bank Stock And Federal Reserve Bank Stock 505,476 378,692 +33.5%
Loans Receivable Held For Sale Net Not Part Of Disposal Group 56,128 40,424 +38.8%
Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss 49,731,844
Show Financial Instrument Performance Status breakouts
Nonperforming Financing Receivable · Direct 5,478
Nonperforming Financing Receivable · Home equity 19,142
Nonperforming Financing Receivable · Indirect 5,956
Nonperforming Financing Receivable · Residential Portfolio Segment 72,124
Performing Financing Receivable · Direct 622,124
Performing Financing Receivable · Home equity 1,530,721
Performing Financing Receivable · Indirect 1,116,458
Performing Financing Receivable · Residential Portfolio Segment 8,549,285
Show Financing Receivable Portfolio breakouts
BBCC · Automobiles 218
BBCC · Blanket Lien 610
BBCC · Doubtful 1,049
BBCC · Financial Asset Not Past Due 409,393
BBCC · Financial Asset Past Due 2,380
BBCC · Financing Receivables Equal To Greater Than90 Days Past Due 1,009
BBCC · Financing Receivables30 To59 Days Past Due 1,296
BBCC · Financing Receivables60 To89 Days Past Due 75
BBCC · Investment Securities/Cash 254
BBCC · Nonaccrual 2,610
BBCC · Pass 393,507
BBCC · Portfolio Segment Reclassifications 411,773
BBCC · Real Estate 2,577
BBCC · Segment Portfolio Reclassification, Adjusted Balance [Member] 411,773
BBCC · Special Mention 10,198
BBCC · Substandard 4,409
Commercial Portfolio Segment 15,617,656
Commercial Portfolio Segment · Automobiles 4,653
Commercial Portfolio Segment · Blanket Lien 153,748
Commercial Portfolio Segment · Doubtful 154,776
Commercial Portfolio Segment · Financial Asset Not Past Due 15,301,955
Commercial Portfolio Segment · Financial Asset Past Due 89,038
Commercial Portfolio Segment · Financing Receivables Equal To Greater Than90 Days Past Due 69,617
Commercial Portfolio Segment · Financing Receivables30 To59 Days Past Due 14,923
Commercial Portfolio Segment · Financing Receivables60 To89 Days Past Due 4,498
Commercial Portfolio Segment · Investment Securities/Cash 9,427
Commercial Portfolio Segment · Nonaccrual 34,494
Commercial Portfolio Segment · Other 1,410
Commercial Portfolio Segment · Pass 14,221,916
Commercial Portfolio Segment · Portfolio Segment Reclassifications -226,663
Commercial Portfolio Segment · Real Estate 18,750
Commercial Portfolio Segment · Segment Portfolio Reclassification, Adjusted Balance [Member] 15,390,993
Commercial Portfolio Segment · Special Mention 408,846
Commercial Portfolio Segment · Substandard 570,961
Commercial Real Estate Portfolio Segment 22,192,900
Commercial Real Estate Portfolio Segment · Blanket Lien 3,353
Commercial Real Estate Portfolio Segment · Doubtful 166,423
Commercial Real Estate Portfolio Segment · Financial Asset Not Past Due 21,868,996
Commercial Real Estate Portfolio Segment · Financial Asset Past Due 138,794
Commercial Real Estate Portfolio Segment · Financing Receivables Equal To Greater Than90 Days Past Due 92,763
Commercial Real Estate Portfolio Segment · Financing Receivables30 To59 Days Past Due 38,698
Commercial Real Estate Portfolio Segment · Financing Receivables60 To89 Days Past Due 7,333
Commercial Real Estate Portfolio Segment · Investment Securities/Cash 1,212
Commercial Real Estate Portfolio Segment · Nonaccrual 49,907
Commercial Real Estate Portfolio Segment · Other 113
Commercial Real Estate Portfolio Segment · Pass 20,100,474
Commercial Real Estate Portfolio Segment · Portfolio Segment Reclassifications -185,110
Commercial Real Estate Portfolio Segment · Real Estate 210,578
Commercial Real Estate Portfolio Segment · Segment Portfolio Reclassification, Adjusted Balance [Member] 22,007,790
Commercial Real Estate Portfolio Segment · Special Mention 384,984
Commercial Real Estate Portfolio Segment · Substandard 1,306,002
Consumer Portfolio Segment 3,299,879
Consumer Portfolio Segment · Portfolio Segment Reclassifications -3,299,879
Direct 627,602
Direct · Automobiles 244
Direct · Blanket Lien 11
Direct · Financial Asset Not Past Due 620,900
Direct · Financial Asset Past Due 6,702
Direct · Financing Receivables Equal To Greater Than90 Days Past Due 2,854
Direct · Financing Receivables30 To59 Days Past Due 3,164
Direct · Financing Receivables60 To89 Days Past Due 684
Direct · Other 38
Direct · Portfolio Segment Reclassifications 627,602
Direct · Real Estate 4,284
Direct · Segment Portfolio Reclassification, Adjusted Balance [Member] 627,602
Finance Leases Portfolio Segment 65.7
Home equity 1,549,863
Home equity · Financial Asset Not Past Due 1,532,951
Home equity · Financial Asset Past Due 16,912
Home equity · Financing Receivables Equal To Greater Than90 Days Past Due 7,661
Home equity · Financing Receivables30 To59 Days Past Due 6,491
Home equity · Financing Receivables60 To89 Days Past Due 2,760
Home equity · Portfolio Segment Reclassifications 1,549,863
Home equity · Real Estate 19,142
Home equity · Segment Portfolio Reclassification, Adjusted Balance [Member] 1,549,863
Indirect 1,122,414
Indirect · Automobiles 5,956
Indirect · Financial Asset Not Past Due 1,110,742
Indirect · Financial Asset Past Due 11,672
Indirect · Financing Receivables Equal To Greater Than90 Days Past Due 1,940
Indirect · Financing Receivables30 To59 Days Past Due 8,167
Indirect · Financing Receivables60 To89 Days Past Due 1,565
Indirect · Portfolio Segment Reclassifications 1,122,414
Indirect · Segment Portfolio Reclassification, Adjusted Balance [Member] 1,122,414
Residential Portfolio Segment 8,621,409
Residential Portfolio Segment · Financial Asset Not Past Due 8,526,134
Residential Portfolio Segment · Financial Asset Past Due 95,275
Residential Portfolio Segment · Financing Receivables Equal To Greater Than90 Days Past Due 34,435
Residential Portfolio Segment · Financing Receivables30 To59 Days Past Due 51,652
Residential Portfolio Segment · Financing Receivables60 To89 Days Past Due 9,188
Residential Portfolio Segment · Real Estate 72,124
Residential Portfolio Segment · Segment Portfolio Reclassification, Adjusted Balance [Member] 8,621,409
Show Financing Receivable Recorded Investment By Class Of Financing Receivable breakouts
Automobiles 11,071
Blanket Lien 157,722
Investment Securities/Cash 10,893
Other 1,561
Real Estate 327,455
Show Financing Receivables Period Past Due breakouts
Financial Asset Not Past Due · Segment Portfolio Reclassification, Adjusted Balance [Member] 49,371,071
Financial Asset Past Due · Segment Portfolio Reclassification, Adjusted Balance [Member] 360,773
Financing Receivables Equal To Greater Than90 Days Past Due · Segment Portfolio Reclassification, Adjusted Balance [Member] 210,279
Financing Receivables30 To59 Days Past Due · Segment Portfolio Reclassification, Adjusted Balance [Member] 124,391
Financing Receivables60 To89 Days Past Due · Segment Portfolio Reclassification, Adjusted Balance [Member] 26,103
Show Reclassification Type breakouts
Segment Portfolio Reclassification, Adjusted Balance [Member] 49,731,844
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest -574,358 -401,932 -42.9%
Show Financing Receivable Portfolio breakouts
BBCC -2,779 -2,695 -3.1%
Commercial Portfolio Segment -244,640 -157,587 -55.2%
Commercial Real Estate Portfolio Segment -266,797 -198,110 -34.7%
Direct -2,412 -2,053 -17.5%
Home equity -9,657 -8,210 -17.6%
Indirect -8,309 -9,063 +8.3%
Residential Portfolio Segment -39,764 -24,214 -64.2%
Show Reclassification Type breakouts
Segment Portfolio Reclassification, Adjusted Balance [Member] -574,358 -401,932 -42.9%
Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss 49,157,486
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 15,533,643
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 22,153,282
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 7,672,612
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 3,129,418
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure · Commercial Portfolio Segment 15,371,472
Carrying Reported Amount Fair Value Disclosure · Commercial Real Estate Portfolio Segment 21,924,868
Carrying Reported Amount Fair Value Disclosure · Consumer Portfolio Segment 3,279,501
Carrying Reported Amount Fair Value Disclosure · Residential Portfolio Segment 8,581,645
Show Reclassification Type breakouts
Segment Portfolio Reclassification, Adjusted Balance [Member] 49,157,486
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 690,400 584,664 +18.1%
Bank Owned Life Insurance 1,054,824 859,211 +22.8%
Interest Receivable And Other Assets 2,466,286 1,685,489 +46.3%
Non-Current Liabilities
Total Liabilities 64,491,998 47,343,290 +36.2%
Other Liabilities
Noninterest Bearing Deposit Liabilities Domestic 12,927,096
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 12,927,096
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 12,927,096
Deposits Negotiable Order Of Withdrawal N O W 10,969,731 8,237,335 +33.2%
Deposits Savings Deposits 4,985,949 4,715,329 +5.7%
Deposits Money Market Deposits 16,871,237 11,638,653 +45.0%
Time Deposits 9,918,459
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 9,878,366
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 9,918,459
Deposits 55,672,472
Federal Funds Purchased 200,583
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 200,583
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 200,583
Securities Sold Under Agreements To Repurchase 264,518 290,256 -8.9%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 264,518
Show Assets Sold Under Agreements To Repurchase breakouts
US Treasury Securities 264,518
US Treasury Securities · Maturity Overnight 264,518
Show Assets Sold Under Agreements To Repurchase Maturity Periods breakouts
Maturity Overnight 264,518
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 264,518
Advances From Federal Home Loan Banks 6,026,801
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 6,003,186
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 6,026,801
Other Borrowings 1,331,296
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 1,359,709
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 1,331,296
Accrued Liabilities And Other Liabilities 996,328 861,664 +15.6%
Stockholders' Equity
Preferred Stock Value 230,500 230,500 0.0%
Common Stock 386,315 319,236 +21.0%
Additional Paid In Capital Common Stock 5,855,180 4,572,106 +28.1%
Retained Earnings 2,581,912 2,061,321 +25.3%
Accumulated Other Comprehensive Income -543,254 -648,509 +16.2%
Total Stockholders' Equity 8,510,653 6,534,654 +30.2%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent 16,941 13,643 +24.2%
Accumulated Net Unrealized Investment Gain Loss -492,459 -582,779 +15.5%
Accumulated Other Comprehensive Income -543,254 -648,509 +16.2%
Additional Paid In Capital 5,855,180 4,572,106 +28.1%
Common Stock 386,315 319,236 +21.0%
Preferred Stock 230,500 230,500 0.0%
Retained Earnings 2,581,912 2,061,321 +25.3%
Unrecognized Gains and Losses on Held-to-Maturity Securities -67,736 -79,373 +14.7%
Total Liabilities & Equity 73,002,651 53,877,944 +35.5%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Depreciation 12,234 9,547 +28.1%
Investment Income Net Amortization Of Discount And Premium -43,287 -8,363 -417.6%
Stock-Based Compensation 9,181 14,411 -36.3%
Gains Losses On Sales Of Assets -2,642 -6,925 +61.8%
Payments For Origination Of Mortgage Loans Held For Sale -285,318 -194,336 -46.8%
Proceeds From Sale Of Mortgage Loans Held For Sale 289,627 200,115 +44.7%
Increase Decrease In Accrued Interest Receivable Net 7,731 14,403 -46.3%
Increase Decrease In Other Operating Assets 53,851 25,981 +107.3%
Increase Decrease In Other Operating Liabilities -128,950 -127,634 -1.0%
Net Cash from Operations 206,143 108,210 +90.5%
Investing Activities
Purchases of Investments -1,004,913 -449,714 -123.5%
Payments To Acquire Restricted Investments -17,325
Payments To Acquire Equity Securities Fv Ni -3,284 -2,711 -21.1%
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 778,452 295,032 +163.9%
Proceeds From Sale Of Available For Sale Securities Debt 84,250 10,187 +727.0%
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities 38,509 15,181 +153.7%
Proceeds From Sale Of Restricted Investments 5,432 13 +41684.6%
Proceeds From Sale Of Trading Securities Heldforinvestment 7,677 2,777 +176.4%
Payments For Proceeds From Loans And Leases Excluding Loans Held For Sale -973,195 -229,265 -324.5%
Proceeds From Sale Of Loans Held For Investment 10,567 86,581 -87.8%
Proceeds From Life Insurance Policies 3,746 5,978 -37.3%
Proceeds From Sale Of Property Plant And Equipment 153 1,190 -87.1%
Capital Expenditures -12,885 -5,802 -122.1%
Net Cash from Investing -1,082,816 -270,553 -300.2%
Financing Activities
Net Change Interest Bearing Deposits Domestic 584,277 211,012 +176.9%
Increase Decrease In Federal Funds Purchased 100,386 -215 +46791.2%
Proceeds From Payments For In Securities Sold Under Agreements To Repurchase1 3,152 21,281 -85.2%
Proceeds From Repayments Of Other Debt 485,669 -46,863 +1136.4%
Repayments Of Federal Home Loan Bank Borrowings -2,280,000 -250,285 -811.0%
Proceeds From Federal Home Loan Bank Borrowings 2,075,000 301,200 +588.9%
Payments Of Dividends Common Stock -60,094 -48,687 -23.4%
Share Repurchases -104,072 -13,538 -668.7%
Proceeds From Issuance Of Common Stock For E S P P 326 250 +30.4%
Net Cash from Financing 804,644 174,155 +362.0%
Supplemental
Interest Paid 307,525 257,981 +19.2%
Income Taxes Paid 10,779 2,170 +396.7%
Right Of Use Asset Obtained In Exchange For Operating Lease Liability 2,529 1,640 +54.2%
Right Of Use Asset Modified And Obtained In Exchange For Finance Lease Liability -1,082 831 -230.2%
Other Cash Flow
Net Change in Cash -72,029 11,812 -709.8%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,754,148 1,239,780 +41.5%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

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