Old National Bancorp (ONB) Investor presentation summary
Event summary combining transcript, slides, and related documents.
Investor presentation summary
6 Aug, 2026Strategic 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.
Latest events from Old National Bancorp
- Record Q2 2026 net income, strong loan growth, and robust capital return drive positive outlook.ONB
Q2 2026 - Record efficiency and profitability in 1Q26, with strong credit and capital positions.ONB
Investor presentation - All proposals passed amid strong financial results and strategic growth initiatives.ONB
AGM 2026 - Q1 2026 net income reached $229.6M with 8% loan growth and record efficiency.ONB
Q1 2026 - Annual meeting to vote on directors, pay, auditor, and equity plan after record 2025 results.ONB
Proxy filing - Record adjusted earnings, strong loan growth, and robust capital ratios support a positive 2026 outlook.ONB
Q4 2025 - Q3 2025 saw strong earnings, loan growth, and efficiency, with Bremer integration completed.ONB
Q3 2025 - $1.4B deal forms a $70B Midwest bank, targeting 22% EPS accretion and top market share.ONB
M&A Announcement - Strong 2024 growth and returns, with 2025 guidance above consensus and Bremer integration ahead.ONB
Q4 2024