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Sep 30, 2020
Old National Q3 2020 Earnings Report
Old National's financial performance reflected strong commercial production and net recoveries.
Key Takeaways
Old National Bancorp reported a net income of $77.9 million, with a diluted EPS of $0.47 for the third quarter of 2020. The quarter was marked by strong commercial production and credit metrics that resulted in net recoveries.
Net income was reported at $77.9 million.
Earnings per diluted share reached $0.47.
Net interest income remained unchanged at $145.6 million.
Net recoveries amounted to $3.0 million.
Old National
Old National
Forward Guidance
No specific forward guidance was provided in the document.