Old National Bancorp Continues To Grind Out Gains

Impact · against what's priced in

Old National Bancorp demonstrates strong operational momentum with record profitability and an exceptionally low efficiency ratio. The combination of an EPS beat and a record commercial pipeline suggests a trajectory of growth that exceeds current expectations.

ONB+0.60

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In context

The company achieved record net income of $249.4M and a record efficiency ratio of 45.2%, while maintaining high credit quality with net charge-offs flat at 0.26%.

Read from the article alone

• net interest margin▲433%
• earnings▲<1%
• banking
• ONB
• credit quality
• efficiency ratio
• loan growth
• net income