Old National Bancorp (ONB) Investor presentation summary

Strategic objectives and business model

• Aims to be a top quartile performing basic bank, trusted by clients and valued as an employer, with a focus on empowering team members and community engagement.

• Strategy emphasizes a quality, low-cost deposit base, granular and diversified loan portfolio, and long-term shareholder value.

• Proven acquirer with a strong credit culture and diversified revenue streams.

Financial performance and profitability

• Achieved record second quarter results in 2Q26, with EPS of $0.65 and a record adjusted efficiency ratio of 45.2%.

• Adjusted ROAA at 1.39% and adjusted ROATCE at 19.9%, both peer-leading metrics.

• Net income applicable to common shares rose 104% YoY to $249 million; adjusted net income up 31% YoY.

• Tangible book value per share increased 14% YoY to $14.32.

Balance sheet, capital, and liquidity

• Total assets reached $74.2 billion, with loans up 6% YoY and deposits up 3% YoY.

• CET1 capital ratio at 11.09%, TCE/TA at 7.68%, and a loan-to-deposit ratio of 91%.

• Strong capital position with $163 million returned to shareholders in 2Q26, including $107 million in share repurchases.