Old National Bancorp (ONB) Tops Q1 EPS by 6c
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Old National's 1st Quarter Driven by Transformative Merger with First Midwest and Strong Commercial Loan Growth
April 26, 2022 8:00 AM EDTEVANSVILLE, Ind., April 26, 2022 (GLOBE NEWSWIRE) --
Reflective of the CECL Day 1 provision expense and merger related expenses, all as expected, Old National Bancorp (NASDAQ: ONB) reports 1Q22 net loss applicable to common shares of $29.6 million, diluted EPS of $(0.13). Adjusted net income applicable to common shares1 of $91.6 million, or $0.40 per diluted common share.
CEO COMMENTARY:
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