Old National Bancorp (ONB) Tops Q3 EPS by 2c

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Go back to Old National Bancorp (ONB) Tops Q3 EPS by 2c

Old National’s 3rd quarter results highlighted by continued loan growth and increase in tangible book value(1)

October 31, 2016 8:00 AM EDT

3rd Quarter vs. 2nd Quarter 2016 Highlights:

Earnings of $34.7 million, or $0.25 per common shareLoan growth of 4.1% annualizedTangible book value1 increase of 2.4%Stable Core Net Interest Margin1Decline in Noninterest ExpensesSuccessful conversion of Anchor BanCorpCurrent dividend yield of 3.6%

1 Non-GAAP measures refer to Tables 4 & 11 for Non-GAAP reconciliations

EVANSVILLE, Ind., Oct. 31, 2016 (GLOBE NEWSWIRE) -- Today Old National Bancorp (the Company or Old National) (NASDAQ: ONB) reported 3rd quarter 2016 net income of $34.7 million, or $0.25 per share.  Included in the current quarter were pre-tax merger and... More