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.
How this was made

The 30-second read
Why it matters
Earnings release provides fresh data for traders to assess credit risk and earnings quality.
Market read
Earnings move influences regional banking stocks and informs credit risk assessment.
What to watch
Higher net interest income and stable noninterest revenue may offset credit loss concerns.
Background
Old National Bancorp reported Q3 results with higher net income and EPS, modest revenue growth, and increased credit loss provisions.
Ticker impact
Q3 earnings released showing profit rise to $250M and EPS $0.66, with shares down ~1% pre‑market.
likely modest decline as market prices in the earnings beat and higher credit loss provision
Pre‑market price down ~1% despite profit increase indicates investors are cautious about credit losses and revenue growth.
Market effects
Banking sector may see scrutiny on credit loss trends as regional banks report earnings.
Midwest regional banks could experience similar pressure if credit loss provisions rise.
Limited to U.S. regional banking market.
Counterpoint
Despite the share dip, the profit increase could signal resilience and support a short‑term bounce.
Key entities
- companyOld National Bancorp
Regional bank reporting Q3 earnings.
