$ONB

Old National Bancorp Reports Record Second Quarter 2026 Results

OLD NATIONAL BANCORP /IN/ (ONB) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 onb_exhibit991er2q26.htm EX-99.1 Document Exhibit 99.1 Old National Bancorp Reports Record Second Quarter 2026 Results; Announces Enhanced Executive Leadership Structure Evansville, Ind. (July 22, 2026) Old National Bancorp (NASDAQ: ONB) reports 2Q26 net income applicab

Original reporting
Published Jul 22, 2026, 11:12 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Jul 22, 2026, 11:30 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefEarnings
Primary signal
$ONB
Bullish
medium confidence
Mentioned
$ONB
Relevance
7/10
AlphAI data visualization · based on SEC EDGAR 8-K
Decision brief

The 30-second read

$ONBBullishMed
01

Why it matters

The filing combines fresh financial results (EPS, NIM, deposits, loans, credit losses) with capital actions (repurchase) and organizational changes, creating multiple near-term catalysts for ONB positioning.

02

Market read

Traders can update ONB models using the specific 2Q26 datapoints (EPS, NIM, deposit costs, loan growth, charge-offs, delinquencies) and incorporate the announced buyback and management structure changes.

03

What to watch

The release includes merger-related charges and a pension gain; traders may normalize earnings and focus on underlying revenue trends (PPNR/PPNR adjusted) and the sustainability of deposit cost improvements.

Relevance 7/10Novelty 8/10Timing: after-hours/filing today (8-K filed July 22, 2026) following 2Q26 results release

Background

This is an SEC Form 8-K (Item 2.02) with Exhibit 99.1 reporting Old National Bancorp’s 2Q26 results and announcing an enhanced executive leadership structure.

Company-level read

Ticker impact

$ONBBullishMedium confidence
Context

Old National Bancorp reported record 2Q26 net income of $249.4M, diluted EPS $0.65, plus deposit and loan growth, in an 8-K results release.

Expected impact

Moderately positive bias for the next session and earnings-follow-through, unless investors focus on the NIM dip and credit deterioration signals (delinquencies up).

Evidence & confidence

The filing provides fresh, decision-relevant datapoints (EPS, NIM 3.54% down 1 bp, deposits +3.4% annualized, loans +8.3% annualized, net charge-offs 26 bps, delinquencies 0.29%, nonaccrual 0.91%) plus a concrete buyback amount and management restructuring.

Market effects

Adds another data point on regional bank profitability drivers (NIM, efficiency) and credit performance, useful for read-across to peers’ near-term expectations.

May influence sentiment toward Midwest/regional bank franchises with similar deposit and commercial loan mixes.

Limited; this is company-specific to a US regional bank with no cross-border transaction disclosed.

Counterpoint

Investors may discount the “record” headline if NIM compression continues and credit quality metrics (30+ day delinquencies and nonaccruals) are trending less favorably.

Key entities

  • Old National Bancorp

    NASDAQ-listed regional bank reporting record 2Q26 net income and announcing leadership-structure changes plus a $107M share repurchase.

  • Jim Ryan

    Chairman and CEO quoted on record results and the Operating Group/expanded executive leadership team.

Related articles

$ONBMed

Old National Bancorp Q2 Earnings Call Highlights

Old National Bancorp (NASDAQ: ONB) reported Q2 GAAP EPS of $0.65 and adjusted EPS of $0.65, with adjusted non-interest income of $140 million versus guidance. Management raised full-year loan growth expectations to 6% to 8%, cited a 45.2% adjusted efficiency ratio, and left net interest income guidance unchanged. Credit improved and ONB returned $163 million to shareholders.

$ONBMedAI 8/10

Old National Bancorp Reports Record Second Quarter 2026 Results; Announces Enhanced Executive Leadership Structure

Old National Bancorp (NASDAQ: ONB) reported record 2Q26 net income applicable to common shares of $249.4M, or $0.65 diluted EPS, and record adjusted net income of $250.4M, or $0.65. Results included a $13.2M pre-tax pension gain and $12.1M merger charges. 2Q26 deposits were $56.1B and loans $50.8B. The company also announced an enhanced executive leadership structure.

$NKEHighAI 8/10

Analyst warns Nike's best quarter this year may be behind it

Nike (NKE) reported Q1 earnings beating estimates, but investors sold shares. Morgan Stanley warns this may be the best quarter of the year, citing inventory risks and weaker forecasts. Nike expects fiscal 2027 revenue to decline by a high single-digit percentage. Analysts cut price targets, with Morgan Stanley suggesting a 50% drop in EPS over the next three quarters.