← OLD NATIONAL BANCORP /IN/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $428.3m | $582.0m | $539.2m | $669.3m | |
| Net Income (Loss) Attributable to Parent | $134.3m | $95.7m | $190.8m | $238.2m | $226.4m | $277.5m | $428.3m | $582.0m | $539.2m | $669.3m | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | $277.5m | $414.2m | $565.9m | $523.1m | $653.1m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | $190.8m | $238.2m | $226.4m | $277.5m | $428.3m | — | — | — | |
| Amortization of Intangible Assets | $12.5m | $11.8m | $14.4m | $16.9m | $14.1m | $11.3m | $25.9m | $24.2m | $27.5m | $78.7m | |
| Depreciation | $16.6m | $22.2m | $23.8m | $26.7m | $28.9m | $27.3m | $36.4m | $38.2m | $38.1m | $44.9m | |
| Amortization Cash Flow | — | — | — | — | — | — | $25.9m | $24.2m | $27.5m | $78.7m | |
| Amortization Of Intangibles | — | — | — | — | — | — | $25.9m | $24.2m | $27.5m | $78.7m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $62.3m | $62.3m | $65.6m | $123.6m | |
| Deferred Income Tax Expense (Benefit) | $40.2m | $72.9m | $993k | $24.8m | $3.4m | $20.9m | ($23.4m) | $10.6m | $20.4m | $82.0m | |
| Deferred Income Tax | — | — | — | — | — | — | $11.0m | $15.4m | $13.3m | $26.1m | |
| Deferred Tax | — | — | — | — | — | — | $11.0m | $15.4m | $13.3m | $26.1m | |
| Share-based Payment Arrangement, Noncash Expense | $7.3m | $6.3m | $8.1m | $8.0m | $7.7m | $7.5m | $28.7m | $27.9m | $32.3m | $38.2m | |
| Share-based Payment Arrangement, Expense | — | $6.3m | $8.1m | $8.0m | $7.7m | $7.5m | $28.7m | $27.9m | $32.3m | $38.2m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | $0 | $117k | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | $58.9m | $110.6m | $197.7m | |
| Gain (Loss) on Disposition of Business | $41.9m | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets for Financial Service Operations | — | — | $2.3m | $7.4m | $23.8m | $36.7m | ($13.1m) | $3.1m | $7.8m | $11.3m | |
| Income Tax Expense (Benefit) | $66.2m | $72.9m | $17.9m | $52.1m | $29.1m | $61.3m | $116.4m | $169.3m | $141.2m | $172.1m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Other Operating Assets | ($46.5m) | ($45.0m) | ($2.0m) | ($23.3m) | $105.2m | ($2.6m) | $40.5m | $66.1m | $54.0m | ($33.2m) | |
| Bank Owned Life Insurance Income | $8.5m | $8.7m | $10.6m | $11.5m | $12.0m | $10.6m | $14.6m | $15.4m | $21.0m | $26.7m | |
| Increase (Decrease) in Other Operating Liabilities | ($24.5m) | $12.1m | $134k | ($24.9m) | $20.2m | $17.2m | $327.4m | ($79.9m) | ($40.2m) | ($170.8m) | |
| Proceeds from Stock Options Exercised | $2.3m | $2.7m | $948k | $280k | $0 | $0 | — | — | — | — | |
| Debt and Equity Securities, Gain (Loss) | — | — | $2.1m | $1.9m | $10.8m | $4.3m | ($88k) | ($6.3m) | ($212k) | ($37k) | |
| Equipment Expense | $13.4m | $13.6m | $14.9m | $16.9m | $16.7m | $16.7m | $27.6m | $32.2m | $36.6m | $48.4m | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | $700k | $1.4m | $200k | ($4.9m) | $21.5m | $900k | $900k | |
| Goodwill | $655.0m | $828.1m | $1.0b | $1.0b | $1.0b | $1.0b | $2.0b | $2.0b | $2.2b | $2.4b | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $38.4m | ($28.8m) | $144.8m | — | — | — | |
| Beginning Cash Position | — | — | — | — | — | — | $822.0m | $728.4m | $1.2b | $1.2b | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $777.5m | $1.7b | $802.6m | $1.8b | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.7b) | ($1.8b) | ($1.4b) | ($1.8b) | |
| Change In Accrued Expense | — | — | — | — | — | — | $327.4m | ($79.9m) | ($40.2m) | ($170.8m) | |
| Change In Other Current Assets | — | — | — | — | — | — | ($40.5m) | ($66.1m) | ($54.0m) | $33.2m | |
| Change In Other Working Capital | — | — | — | — | — | — | ($14.6m) | ($15.4m) | ($21.0m) | ($26.7m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $327.4m | ($79.9m) | ($40.2m) | ($170.8m) | |
| Change In Receivables | — | — | — | — | — | — | ($52.9m) | ($34.6m) | $4.1m | ($61.4m) | |
| Change In Working Capital | — | — | — | — | — | — | $219.4m | ($196.0m) | ($111.2m) | ($225.7m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($52.9m) | ($34.6m) | $4.1m | ($61.4m) | |
| Changes In Cash | — | — | — | — | — | — | ($93.6m) | $446.6m | $52.9m | $598.2m | |
| End Cash Position | — | — | — | — | — | — | $728.4m | $1.2b | $1.2b | $1.8b | |
| Financing Cash Flow | — | — | — | — | — | — | $777.5m | $1.7b | $802.6m | $1.8b | |
| Free Cash Flow | — | — | — | — | — | — | $776.5m | $478.0m | $592.0m | $637.4m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $88k | ($15.4m) | $212k | $37k | |
| Gain Loss On Sale Of Business | — | — | — | — | — | $0 | ($90.7m) | $0 | $0 | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.7b) | ($1.8b) | ($1.4b) | ($1.8b) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $809k | $1.1m | $1.0m | $444.3m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $1.9b | $0 | $177.8m | $135.1m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($33.4m) | ($34.9m) | ($28.7m) | ($41.7m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($77.5m) | ($18.4m) | ($7.6m) | ($11.2m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($21.2m) | ($941k) | $13.1m | $4.1m | |
| Purchase Of PPE | $224.7m | $37.3m | $33.4m | $37.4m | $30.9m | $48.7m | ($37.9m) | ($38.4m) | ($30.3m) | ($44.1m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($71.2m) | ($44.3m) | ($8.9m) | ($71.8m) | |
| Sale Of Business | — | — | — | — | — | — | $1.9b | $0 | $177.8m | $135.1m | |
| Sale Of PPE | — | — | — | — | — | — | $4.5m | $3.5m | $1.6m | $2.4m | |
| Stock Based Compensation | — | — | — | — | — | — | $28.7m | $27.9m | $32.3m | $38.2m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($103k) | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $82.1m | $290.7m | $234.4m | $233.8m | $219.8m | $330.4m | $814.4m | $516.3m | $622.3m | $681.5m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $224.7m | $37.3m | $33.4m | $37.4m | $30.9m | $48.7m | $37.9m | $38.4m | $30.3m | $44.1m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $62.5m | ($2.6m) | ($60.8m) | — | — | — | — | — | — | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($173.8m) | $167.2m | ($391.1m) | ($687.6m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($1.6b) | ($1.1b) | ($1.8b) | ($4.6b) | |
| Sale Of Investment | — | — | — | — | — | — | $1.4b | $1.3b | $1.5b | $4.0b | |
| Net Other Investing Changes | — | — | — | — | — | — | ($319.2m) | ($35.2m) | $21.9m | ($3.6m) | |
| Net Cash Provided by (Used in) Investing Activities | — | — | ($271.4m) | ($525.4m) | ($2.1b) | ($1.4b) | ($1.7b) | ($1.8b) | ($1.4b) | ($1.8b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $1.2b | $438.8m | $419.3m | $1.2b | $2.0b | $1.5b | $1.3b | $1.1b | $1.1b | $1.8b | |
| Issuance Of Debt | — | — | — | — | — | — | $3.1b | $2.7b | $1.4b | $2.7b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $3.1b | $2.7b | $1.4b | $2.7b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $974.6m | $466.8m | ($10.4m) | $158.8m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $974.6m | $466.8m | ($10.4m) | $158.8m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($2.1b) | ($2.3b) | ($1.4b) | ($2.6b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($2.1b) | ($2.3b) | ($1.4b) | ($2.6b) | |
| Proceeds from Issuance of Common Stock | $388k | $404k | $497k | $567k | $577k | $583k | $809k | $1.1m | $1.0m | — | |
| Common Stock Issuance | — | — | — | — | — | — | $809k | $1.1m | $1.0m | $444.3m | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($70.4m) | ($43.2m) | ($7.8m) | $372.5m | |
| Payments for Repurchase of Common Stock | $2.0m | $2.8m | $1.8m | $102.4m | $82.4m | $3.7m | $71.2m | $44.3m | $8.9m | $71.8m | |
| Payments of Ordinary Dividends, Common Stock | $68 | $73 | $82 | $89 | $93 | $93 | $178 | $180 | $191 | $225 | |
| Common Stock Payments | — | — | — | — | — | — | ($71.2m) | ($44.3m) | ($8.9m) | ($71.8m) | |
| Payments of Dividends | $68 | $73 | $82 | $89 | $93 | $93 | $178 | $180 | $191 | $225 | |
| Cash Dividends Paid | — | — | — | — | — | — | ($177.6m) | ($180.0m) | ($191.2m) | ($225.1m) | |
| Net Cash Provided by (Used in) Financing Activities | — | — | $63.7m | $250.8m | $2.2b | $1.3b | $777.5m | $1.7b | $802.6m | $1.8b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($40.8m) | $313.4m | $232.3m | ($93.6m) | $446.6m | $52.9m | $598.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $276.3m | $589.7m | $822.0m | $728.4m | $1.2b | $1.2b | $1.8b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($93.6m) | $446.6m | $52.9m | $598.2m | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $91.8m | $127.7m | $70.0m | $42.2m | $118.2m | $666.1m | $1.1b | $1.2b | |
| Income Taxes Paid, Net | $23.6m | $4.3m | ($2.5m) | $5.5m | $24.4m | $31.9m | $66.1m | $190.3m | $100.6m | $154.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.