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Dec 31, 2020
Old National Q4 2020 Earnings Report
Reported net income and EPS, driven by growth strategy and strong commercial loan production.
Key Takeaways
Old National Bancorp reported a strong fourth quarter with a net income of $74.1 million and diluted EPS of $0.44. The company's success was attributed to the implementation of the ONB Way growth strategy and strong commercial loan production. The quarter was capped off with a very strong year of earnings.
Net income for the fourth quarter was $74.1 million.
Earnings per diluted share for the fourth quarter was $0.44.
Net interest income on a fully taxable equivalent basis was $164.6 million.
Adjusted PPNR increased 27.2% over the fourth quarter of 2019.
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Old National
Old National Revenue by Segment
Forward Guidance
The press release does not contain explicit forward guidance. Therefore, I cannot provide the positives or negative bullet points.
Revenue & Expenses
Visualization of income flow from segment revenue to net income