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Sep 30, 2024
Old National Q3 2024 Earnings Report
Old National's financial performance was solid, driven by deposit and loan growth, effective credit and capital management, and disciplined expense control.
Key Takeaways
Old National Bancorp reported a strong 3rd quarter in 2024, with net income applicable to common shares of $139.8 million and diluted EPS of $0.44. Adjusted net income was $147.2 million, with adjusted EPS of $0.46. The company focused on growing deposits and loans, managing credit and capital, and controlling expenses.
Net income applicable to common shares was $139.8 million, or $0.44 per diluted share.
Net interest income was $397.9 million on a fully taxable equivalent basis.
Total deposits reached $40.8 billion, up $0.8 billion, with core deposits up $1.0 billion.
Total loans were $36.5 billion, reflecting a 2.7% annualized increase.
Old National
Old National
Old National Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the report.