Old National Q2 2020 Earnings Report
Key Takeaways
Old National Bancorp reported a net income of $51.7 million, or $0.32 per share, for the second quarter of 2020. The strong loan production was driven by the ability to help new and existing clients secure Paycheck Protection Program funding.
Net income of $51.7 million.
Earnings per share of $0.32.
Net interest income on a fully taxable equivalent basis of $149.0 million.
End-of-period total loans of $13,738.2 million.
Old National
Old National
Old National Revenue by Segment
Forward Guidance
Old National announced a strategic technology partnership with Infosys, one of the world's foremost information technology companies. This partnership will enable faster adoption of digital solutions, modernize Old National's existing technology infrastructure and enhance both the employee and client experience.
Revenue & Expenses
Visualization of income flow from segment revenue to net income