Old National Bancorp (ONB) Tops Q3 EPS by 1c

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Go back to Old National Bancorp (ONB) Tops Q3 EPS by 1c

Old National Bancorp's 3rd Quarter Highlighted by 5.6% Annualized Loan Growth and Reduction in Noninterest Expenses

October 26, 2015 8:02 AM EDT

3rd Quarter Highlights:

Earnings of $37.7 million, or $.33 per common share Adjusted net income1 of $29.4 million, or $.26 per share Loan growth of $98.0 million, or 5.6% annualized, over 2Q15, excludes loans sold and covered loans Stable Core Net Interest Margin Increase in tangible book value1 of 3.8% Decline in noninterest expenses

1 Adjusted net income and tangible book value are non-GAAP measures refer to Tables 1&2 for non-GAAP reconciliations

EVANSVILLE, Ind., Oct. 26, 2015 (GLOBE NEWSWIRE) -- Today Old National Bancorp (the "Company" or "Old National") (NASDAQ:... More

Old National Bancorp's 3rd Quarter Highlighted by 5.6% Annualized Loan Growth and Reduction in Noninterest Expenses

October 26, 2015 8:01 AM EDT

3rd Quarter Highlights:

Earnings of $37.7 million, or $.33 per common share Adjusted net income1 of $29.4 million, or $.26 per share Loan growth of $98.0 million, or 5.6% annualized, over 2Q15, excludes loans sold and covered loans Stable Core Net Interest Margin Increase in tangible book value1 of 3.8% Decline in noninterest expenses

1 Adjusted net income and tangible book value are non-GAAP measures refer to Tables 1&2 for non-GAAP reconciliations

EVANSVILLE, Ind., Oct. 26, 2015 (GLOBE NEWSWIRE) -- Today Old National Bancorp (the "Company" or "Old National") (NASDAQ:... More