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finance.yahoo.comOCT 213 min read$ONB

Old National Bancorp (ONB) (Q3 2026) Earnings Call Highlights: Record EPS

Old National Bancorp (ONB) reported Q3 2026 record EPS of $0.66, net income, and adjusted diluted EPS. Deposits grew 11% annualized, with $1B in organic increases. Credit quality remained strong, but net interest margin declined due to higher funding costs. The company expects full-year net interest income at the lower end of its range and mid-single-digit loan growth in Q4. Management discussed capital levels, M&A appetite, and expense outlook.

Original reporting
finance.yahoo.com
Published Oct 21, 2026, 11:02 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 21, 2026, 11:05 PM UTC. Informational, not investment advice.
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Old National Bancorp (ONB) (Q3 2026) Earnings Call Highlights: Record EPS — source image
Source · finance.yahoo.com
Decision brief

The 30-second read

$ONBBullishMed
01

Why it matters

Record EPS and deposit growth provide upside, while margin compression and guidance at the low end introduce downside risk.

02

Market read

Earnings beat with mixed guidance creates a nuanced trade case for ONB; sector peers may be impacted by similar cost dynamics.

03

What to watch

Potential Basel III capital ratio boost may enable future share repurchases, offsetting margin concerns.

Relevance 7/10Novelty 7/10Timing: post‑market release today

Background

Old National Bancorp (NASDAQ:ONB) is a regional bank that released its Q3 2026 earnings call transcript.

Company-level read

Ticker impact

$ONBBullishHigh confidence
Context

Old National Bancorp reported record Q3 EPS of $0.66, strong deposit growth and provided full-year guidance on net interest income and expenses.

Expected impact

likely modest upside as investors price in record earnings, tempered by concerns over rising deposit costs and lower net interest margin.

Evidence & confidence

The combination of record earnings and guidance at the lower end of ranges creates a mixed but generally positive outlook, supporting a short‑term price lift.

Market effects

Sector

Strong deposit growth may signal resilience in regional banking, but higher funding costs could pressure peers.

Regional

Positive for Mid‑west regional banks with similar deposit profiles.

Global

Limited; primarily a US regional banking story.

Counterpoint

What could challenge this read

Higher deposit costs could erode profitability more than earnings beat suggests, prompting a sell‑off.

Key entities

  • Executive
    John Moran

    CFO who discussed capital ratios, deposit costs, and expense guidance.

  • Executive
    Jim Ryan

    CEO who addressed M&A appetite and overall strategy.

Read at source← All news

StoryOld National Bancorp posts record Q3 2026 net income and returns $155 million to shareholders

Also covered by

5 outlets

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OCT 21
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Old National (ONB) Q3 2026 Earnings Call Transcript

Old National (ONB) reported Q3 2026 earnings per share of $0.66, with record earnings driven by strong deposit and loan growth, stable credit, and disciplined expense management. The company added 26 relationship managers and expanded in key markets. It maintained a CET1 ratio above 11% and returned $100 million to shareholders through buybacks. Loan growth was 3% annualized, led by commercial portfolios, while deposit growth was 11% annualized.

finance.yahoo.com3 min
OCT 21
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What Old National Bancorp (ONB) Said on Its Q3 Earnings Call

Old National Bancorp (ONB) reported Q3 earnings, noting 3% annualized loan growth and 4% net interest income growth. Management expects Q4 net interest income to rise above $592M and margin to improve slightly. Credit quality remained stable, and the company repurchased $100M in shares. ONB maintained its 2026 guidance, including 15% EPS growth and 6-8% loan growth. The company is focusing on organic growth and talent investments.

finance.yahoo.com2 min
OCT 21
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Old National Bancorp Q3 2026 Earnings Call Summary

Old National Bancorp reported Q3 2026 earnings with record net income, driven by 12% C&I loan growth and $1B in organic deposits. Profitability was 19.6% ROE, with efficiency at 44.9%. Management expects 15%+ EPS growth, 6-8% loan growth, and $1.8B cash flow from investments. They plan to use $177M for share buybacks. Credit quality remains stable, and expansion into Ohio markets is underway.

finance.yahoo.com3 min
OCT 21
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Old National Bancorp Q3 Profit Rises

Old National Bancorp reported Q3 net income of $249.96M, or $0.66 per share, up from $178.53M, or $0.46 per share, a year earlier. Revenue rose to $720.4M, while provision for credit losses increased to $33.58M. Shares were down 1% in pre-market trading.

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