Old National Bancorp (ONB) Tops Q2 EPS by 3c, Revenues Beat

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Go back to Old National Bancorp (ONB) Tops Q2 EPS by 3c, Revenues Beat

Old National reports 2nd quarter net income of $44.0 million, a 13.2% increase from a year ago

July 23, 2018 6:30 AM EDT

Commercial and industrial loan growth over 21% annualized

EVANSVILLE, Ind., July 23, 2018 (GLOBE NEWSWIRE) --

Old National Bancorp (NASDAQ: ONB) reports 2Q18 net income of $44.0 million, diluted EPS of $0.29.  Adjusted1 net income of $44.1 million, or $0.29 per share.

CEO COMMENTARY:

Disciplined expense management and a measured increase in deposit costs, together with the benefit of increased rates, resulted in a very successful second quarter for Old National highlighted by positive operating... More