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

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