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.

Original reporting
Published Oct 21, 2026, 11:39 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 21, 2026, 11:41 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
Bearish
high confidence
Mentioned
$ONB
Relevance
7/10
AlphAI data visualization · based on rttnews.com
Decision brief

The 30-second read

$ONBBearishMed
01

Why it matters

Earnings release provides fresh data for traders to assess credit risk and earnings quality.

02

Market read

Earnings move influences regional banking stocks and informs credit risk assessment.

03

What to watch

Higher net interest income and stable noninterest revenue may offset credit loss concerns.

Relevance 7/10Novelty 7/10Timing: pre‑market today

Background

Old National Bancorp reported Q3 results with higher net income and EPS, modest revenue growth, and increased credit loss provisions.

Company-level read

Ticker impact

$ONBBearishHigh confidence
Context

Q3 earnings released showing profit rise to $250M and EPS $0.66, with shares down ~1% pre‑market.

Expected impact

likely modest decline as market prices in the earnings beat and higher credit loss provision

Evidence & confidence

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

  • Old National Bancorp

    Regional bank reporting Q3 earnings.

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$ONBMed

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.

$ONBHighAI 8/10

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.