Old National Q3 2023 Earnings Report
Key Takeaways
Old National Bancorp reported a net income applicable to common shares of $143.8 million, with a diluted EPS of $0.49 for Q3 2023. The company's results were supported by a nearly 3% quarterly increase in total deposits, a strong capital and liquidity position, disciplined expense management, and excellent credit metrics.
Net income applicable to common shares was $143.8 million, or $0.49 per diluted share.
Net interest income on a fully taxable equivalent basis was $380.9 million.
Period-end total deposits reached $37.3 billion, up 2.8% from the previous quarter.
End-of-period total loans amounted to $32.7 billion, reflecting a 0.5% increase.
Old National
Old National
Old National Revenue by Segment
Forward Guidance
Old National will host a conference call and live webcast at 9:00 a.m. Central Time on Tuesday, October 24, 2023, to review third quarter financial results.