Old National Bancorp (ONB) Financial Statements (2025 and earlier)

Company Profile

Business Address ONE MAIN ST
EVANSVILLE, IN 47708
State of Incorp. IN
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,318,5671,024,4531,255,4301,733,3101,269,8391,186,093
Cash and cash equivalents1,233,046939,4991,175,0581,663,4301,197,8861,113,935
Short-term investments85,52184,95480,37269,88071,95372,158
Total current assets:1,318,5671,024,4531,255,4301,733,3101,269,8391,186,093
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization32,75918,87719,82020,57120,43521,173
Operating lease, right-of-use asset194,591189,593185,506179,284184,700183,687
Intangible assets, net (including goodwill)2,306,2042,095,5112,100,9662,106,8352,112,8752,118,935
Goodwill2,170,7091,998,7161,998,7161,998,7161,998,7161,998,716
Intangible assets, net (excluding goodwill)135,49596,795102,250108,119114,159120,219
Total noncurrent assets:2,533,5542,303,9812,306,2922,306,6902,318,0102,323,795
Other undisclosed assets49,267,52446,206,48445,528,11445,019,44844,908,90644,332,756
TOTAL ASSETS:53,119,64549,534,91849,089,83649,059,44848,496,75547,842,644
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt790,998824,778410,449304,304336,690418,261
Total current liabilities:790,998824,778410,449304,304336,690418,261
Noncurrent Liabilities
Liabilities, other than long-term debt116,47994,458103,40281,65463,34355,762
Investment program, proportional amortization method, elected, commitment116,47994,458103,40281,65463,34355,762
Total noncurrent liabilities:116,47994,458103,40281,65463,34355,762
Other undisclosed liabilities46,137,09643,020,27443,013,08543,433,95342,804,62742,091,195
Total liabilities:47,044,57343,939,51043,526,93643,819,91143,204,66042,565,218
Equity
Equity, attributable to parent6,075,0725,595,4085,562,9005,239,5375,292,0955,277,426
Preferred stock230,500230,500230,500230,500230,500230,500
Common stock318,969293,330292,655292,586292,597291,922
Additional paid in capital4,550,9654,157,5424,159,9244,153,9774,149,0894,144,730
Accumulated other comprehensive loss(791,408)(779,628)(738,809)(968,815)(808,633)(708,358)
Retained earnings1,766,0461,693,6641,618,6301,531,2891,428,5421,318,632
Total equity:6,075,0725,595,4085,562,9005,239,5375,292,0955,277,426
TOTAL LIABILITIES AND EQUITY:53,119,64549,534,91849,089,83649,059,44848,496,75547,842,644

Income Statement (P&L) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Revenues650,420582,879577,382565,338533,977493,597
Net investment income650,420582,879577,382565,338533,977485,437
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(23,922)     
Gross profit:626,498582,879577,382565,338533,977493,597
Operating expenses(84,290)(73,537)(76,151)(71,906)(72,663)(74,280)
Other operating income, net
(Noninterest Income, Other Operating Income)
10,03610,4709,38110,45611,6518,467
Operating income:552,244519,812510,612503,888472,965427,784
Nonoperating income
(Bank Owned Life Insurance Income)
5,7393,4343,7733,7404,6983,186
Interest and debt expense  (239,523)(225,343)(201,433)(162,731)(114,161)
Income from continuing operations before equity method investments, income taxes:557,983283,723289,042306,195314,932316,809
Loss from equity method investments(2,747)(2,749)(7,200)(2,644)(2,762)(2,761)
Other undisclosed loss from continuing operations before income taxes(398,757)(128,202)(113,170)(111,371)(109,741)(126,027)
Income from continuing operations before income taxes:156,479152,772168,672192,180202,429188,021
Income tax expense(35,250)(32,488)(36,192)(44,304)(47,393)(41,421)
Net income attributable to parent:121,229120,284132,480147,876155,036146,600
Preferred stock dividends and other adjustments(4,033)(4,034)(4,034)(4,034)(4,033)(4,034)
Net income available to common stockholders, diluted:117,196116,250128,446143,842151,003142,566

Comprehensive Income ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Net income:121,229120,284132,480147,876155,036146,600
Other comprehensive income (loss)5,03314,935(75,559)54,65734,919(12,715)
Comprehensive income:126,262135,21956,921202,533189,955133,885
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(16,813)(55,754)305,565(214,839)(135,194)90,779
Comprehensive income (loss), net of tax, attributable to parent:109,44979,465362,486(12,306)54,761224,664

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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