Old National Bancorp (ONB) Tops Q1 EPS by 2c
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Old National's 1st quarter Net Income increases 29% compared to 1st quarter 2015
May 2, 2016 8:45 AM EDT Agreement reached to sell Old National Insurance Anchor BanCorp Wisconsin Inc. partnership closes
1STÂ QUARTER 2016 HIGHLIGHTS:
Earnings of $27.0 million, or $0.24 per common shareAdjusted earnings1 of $28.1 million, or $0.25 per common shareIncrease in Core Net Interest Margin1Organic loan growth of 4.6% annualized, excluding covered loansTangible book value1Â increase of 2.4%; current dividend yield of 3.9%7.8% decline in operational noninterest expenses1 from 1st quarter 20151 Non-GAAP measures refer to Tables 1, 2, 3 and 9 for Non-GAAP reconciliations
EVANSVILLE, Ind., May 02, 2016... More

