Old National Bancorp (ONB) Tops Q4 EPS by 1c

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Go back to Old National Bancorp (ONB) Tops Q4 EPS by 1c

Old National’s 2016 net income is highest in the Company’s history increasing 15% over 2015 with organic loan growth exceeding 7%

January 24, 2017 8:01 AM EST

2016 HIGHLIGHTS:

Earnings of $134.3 million, or $1.05 per shareOrganic loan growth1 of 7.1%; organic commercial and commercial real estate growth of 10.7%Tangible book value2 increase of 8.9% over 2015

4TH QUARTER VS. 3RD QUARTER 2016 HIGHLIGHTS:

Earnings of $33.5 million, or $0.25 per shareOrganic loan growth1 of 6.1% annualized; organic commercial and commercial real estate growth of 9.7% annualizedStable Core Net Interest Margin2

1 Excludes acquired loans; includes loans held for sale2 Non-GAAP measures refer to Tables 4 & 11 for Non-GAAP reconciliations

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