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Sep 30, 2023
Old National Q3 2023 Earnings Report
Old National's Q3 2023 financial results reflected a strong deposit franchise, ample capital, and expense discipline.
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.
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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