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Old National Bancorp reported a strong 3rd quarter with net income of $71.7 million and diluted EPS of $0.43. The results were driven by commercial loan growth, deposit growth, increased fee income, reduced expenses, and strong credit metrics.
Net income was $71.7 million, with earnings per diluted share of $0.43.
Net interest income on a fully taxable equivalent basis was $155.1 million.
Total commercial loans increased by $171.7 million, excluding PPP loans.
Period-end total deposits were $18,196.1 million, an increase of $327.2 million.
Visualization of income flow from segment revenue to net income