Old National Bancorp (ONB) Posts Q3 EPS of 26c

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Old National's 3rd Quarter Highlighted by 6.5% Annualized Organic Loan Growth (Excluding Covered Loans) and a Continued Strong Loan Pipeline

October 27, 2014 9:00 AM EDT

3rd Quarter Highlights:

Earnings of $29.1 million represent a 21.7% increase over the $23.9 million earned in the 3rd quarter of 2013 Earnings include $3.6 million of pre-tax merger and integration expenses and a $19.1 million pre-tax unfavorable change in indemnification asset Credit quality and capital levels remained strong United Bancorp, Inc. acquisition completed

EVANSVILLE, Ind., Oct. 27, 2014 (GLOBE NEWSWIRE) --Today Old National Bancorp (the "Company" or "Old National") (Nasdaq: ONB) reported 3rd quarter 2014 net income of $29.1 million, or $.26 per share. Benefitting current quarter results was $34.3 million of accretion income... More