Old National Bancorp (ONB) Tops Q1 EPS by 2c

Old National Bancorp (NASDAQ: ONB) reported Q1 EPS of $0.33, $0.02 better than the analyst estimate of $0.31. Revenue for the quarter came in at $196.6 million versus the consensus estimate of $198.34 million.

“This was another quarter of extremely positive earnings, well controlled expenses and strong credit metrics as we continue to execute on our growth strategy,” said incoming CEO Jim Ryan. Chairman and current CEO Bob Jones added: “These strong results reflect the positive momentum that Old National enjoys as we transition to Jim Ryan as CEO. The transition is progressing extraordinarily well, and I’m incredibly confident in the future of the organization under Jim’s leadership.”

For earnings history and earnings-related data on Old National Bancorp (ONB) click here.

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