← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $465.5m | $482.0m | $127.4m | $130.8m | $118.4m | $125.6m | $1.7b | $1.8b | $1.9b | $2.5b | |
| Noninterest income: | |||||||||||
| Additional Financial Items | |||||||||||
| 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 | |
| Amortization of Intangible Assets | $12.5m | $11.8m | $14.4m | $16.9m | $14.1m | $11.3m | $25.9m | $24.2m | $27.5m | $78.7m | |
| Debt and Equity Securities, Gain (Loss) | $5.8m | $9.1m | $2.1m | $1.9m | $10.8m | $4.3m | ($88k) | ($6.3m) | ($212k) | ($37k) | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | $0 | $117k | $0 | $0 | $0 | $0 | $0 | |
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | — | — | $14 | $16 | $16 | $16 | |
| Taxable | $57.0m | $63.0m | $80.2m | $113.8m | $99.0m | $98.0m | $204.0m | $263.2m | $323.7m | $492.9m | |
| Nontaxable | $28.6m | $28.9m | $26.7m | $29.2m | $33.9m | $37.6m | $43.6m | $43.9m | $42.2m | $40.2m | |
| Money market and other interest-earning investments | $130k | $258k | $630k | $1.7m | $568k | $589k | $2.8m | $39.7m | $45.8m | $48.2m | |
| Deposits | $17.3m | $20.4m | $41.3m | $69.4m | $28.2m | $11.0m | $49.1m | $484.4m | $846.3m | $953.2m | |
| Federal funds purchased and interbank borrowings | $673k | $2.0m | $4.8m | $5.7m | $1.3m | $0 | $5.0m | $11.4m | $3.3m | $4.4m | |
| Securities sold under agreements to repurchase | $1.5m | $1.3m | $2.0m | $2.5m | $854k | $397k | $843k | $3.3m | $2.8m | $2.6m | |
| Federal Home Loan Bank advances | $15.5m | $24.8m | $34.9m | $37.5m | $27.3m | $21.1m | $51.5m | $161.9m | $177.3m | $214.9m | |
| Other borrowings | $9.4m | $9.8m | $11.5m | $11.1m | $9.6m | $9.8m | $19.8m | $42.7m | $41.3m | $36.9m | |
| Net interest income | $402.7m | $437.2m | $537.6m | $604.3m | $596.1m | $596.4m | $1.3b | $1.5b | $1.5b | $2.1b | |
| Provision for credit losses | — | — | — | $4.7m | $38.4m | ($28.8m) | $144.8m | $58.9m | $110.6m | $197.7m | |
| Net interest income after provision for credit losses | $401.7m | $434.1m | $530.6m | $599.5m | $557.7m | $625.2m | $1.2b | $1.4b | $1.4b | $1.9b | |
| Wealth and investment services fees | $34.6m | $37.3m | $36.9m | $37.1m | $36.8m | $40.4m | $69.1m | $107.8m | $116.8m | $144.2m | |
| Service charges on deposit accounts | $41.6m | $41.3m | $44.0m | $44.9m | $35.1m | $34.7m | $72.5m | $71.9m | $78.2m | $100.4m | |
| Debit card and ATM fees | $16.8m | $17.7m | $20.2m | $21.7m | $20.2m | $20.7m | $40.2m | $42.2m | $43.4m | $49.3m | |
| Mortgage banking revenue | $20.2m | $18.4m | $17.7m | $26.6m | $62.8m | $42.6m | $23.0m | $16.3m | $26.2m | $38.4m | |
| Capital markets income | $3.2m | $6.5m | $4.9m | $13.3m | $22.5m | $22.0m | $26.0m | $24.4m | $20.3m | $37.3m | |
| Company-owned life insurance | $8.5m | $8.7m | $10.6m | $11.5m | $12.0m | $10.6m | $14.6m | $15.4m | $21.0m | $26.7m | |
| Debt securities gains (losses), net | $5.8m | $9.1m | $2.1m | $1.9m | $10.8m | $4.3m | ($88k) | ($6.3m) | ($212k) | ($37k) | |
| Gain on sale of Visa Class B restricted shares | — | — | — | — | — | $0 | $0 | $21.6m | $0 | $0 | |
| Other income | $27.8m | $20.6m | $22.5m | $20.5m | $17.5m | $14.3m | $32.0m | $40.0m | $49.0m | $70.3m | |
| Salaries and employee benefits | $252.9m | $246.7m | $281.3m | $289.5m | $293.6m | $284.1m | $575.6m | $546.4m | $603.1m | $749.0m | |
| Occupancy | $50.9m | $46.5m | $51.9m | $55.3m | $55.3m | $54.8m | $100.4m | $106.7m | $110.4m | $129.2m | |
| Equipment | $13.4m | $13.6m | $14.9m | $16.9m | $16.7m | $16.7m | $27.6m | $32.2m | $36.6m | $48.4m | |
| Marketing | $14.6m | $13.2m | $15.8m | $15.9m | $10.9m | $12.7m | $32.3m | $39.5m | $45.6m | $55.2m | |
| Technology | $32.0m | $32.3m | $36.2m | $37.6m | $41.1m | $47.0m | $84.9m | $80.3m | $88.8m | $120.5m | |
| Communication | $10.0m | $9.3m | $10.8m | $10.7m | $9.7m | $10.1m | $18.8m | $17.0m | $17.3m | $23.6m | |
| Professional fees | $15.7m | $16.8m | $14.5m | $22.9m | $15.8m | $20.1m | $39.0m | $27.3m | $35.3m | $61.9m | |
| FDIC assessment | $8.7m | $9.5m | $10.6m | $6.0m | $6.7m | $6.1m | $19.3m | $56.7m | $44.7m | $48.4m | |
| Amortization of intangibles | $12.5m | $11.8m | $14.4m | $16.9m | $14.1m | $11.3m | $25.9m | $24.2m | $27.5m | $78.7m | |
| Amortization of tax credit investments | — | $11.7m | $22.9m | $2.7m | $18.8m | $6.8m | $11.0m | $15.4m | $13.3m | $26.1m | |
| Preferred dividends | — | — | — | — | $0 | $0 | ($14.1m) | ($16.1m) | ($16.1m) | ($16.1m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $200.4m | $168.7m | $208.7m | $290.4m | $255.6m | $338.9m | $544.7m | $751.3m | $680.4m | $841.4m | |
| Total interest income | $447.1m | $495.3m | $632.0m | $730.4m | $663.3m | $638.6m | $1.5b | $2.2b | $2.6b | $3.3b | |
| Total noninterest income | $252.8m | $183.4m | $195.3m | $199.3m | $239.3m | $214.2m | $399.8m | $333.3m | $354.7m | $466.5m | |
| Income before income taxes | $200.4m | $168.7m | $208.7m | $290.4m | $255.6m | $338.9m | $544.7m | $751.3m | $680.4m | $841.4m | |
| 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 | $134.3m | $95.7m | $190.8m | $238.2m | $226.4m | $277.5m | $414.2m | $565.9m | $523.1m | $653.1m | |
| Earnings Per Share, Basic | $1.05 | $0.69 | $1.23 | $1.39 | $1.37 | $1.68 | $1.51 | $1.95 | $1.69 | $1.80 | |
| Earnings Per Share, Diluted | $1.05 | $0.69 | $1.22 | $1.38 | $1.36 | $1.67 | $1.50 | $1.94 | $1.68 | $1.79 | |
| Common Stock, Dividends, Per Share, Declared | $0.52 | $0.52 | $0.52 | $0.52 | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 | |
| Preferred Stock, Dividends Per Share, Declared | $1.05 | $0.69 | $1.23 | $1.39 | $0.56 | $0.56 | $0.56 | $70.00 | $70.00 | $70.00 | |
| Weighted Average Number of Shares Outstanding, Basic | 127.7m | 137.8m | 155.7m | 171.9m | 165.5m | 165.2m | 275.2m | 290.7m | 309.5m | 363.5m | |
| Weighted average number of common shares outstanding - basic (in shares) | 127.7m | 137.8m | 155.7m | 171.9m | 165.5m | 165.2m | 275.2m | 290.7m | 309.5m | 363.5m | |
| Weighted average number of common shares outstanding - diluted (in shares) | 128.3m | 138.5m | 156.5m | 172.7m | 166.2m | 165.9m | 276.7m | 291.9m | 311.0m | 365.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 128.3m | 138.5m | 156.5m | 172.7m | 166.2m | 165.9m | 276.7m | 291.9m | 311.0m | 365.5m | |
| Noninterest expense: | |||||||||||
| Labor and Related Expense | $252.9m | $246.7m | $281.3m | $289.5m | $293.6m | $284.1m | $575.6m | $546.4m | $603.1m | $749.0m | |
| Equipment Expense | $13.4m | $13.6m | $14.9m | $16.9m | $16.7m | $16.7m | $27.6m | $32.2m | $36.6m | $48.4m | |
| Marketing and Advertising Expense | $14.6m | $13.2m | $15.8m | $15.9m | $10.9m | $12.7m | $32.3m | $39.5m | $45.6m | $55.2m | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | $11.0m | — | — | — | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | $58.9m | $110.6m | $197.7m | |
| Other expense | $28.7m | $25.0m | $32.8m | $26.9m | $58.8m | $30.9m | $76.5m | $79.1m | $71.7m | $144.4m | |
| Interest Expense | $44.4m | $58.2m | $94.4m | $126.1m | $67.2m | $42.2m | $126.3m | $703.7m | $1.1b | $1.2b | |
| Interest Expense, Securities Sold under Agreements to Repurchase | $1.5m | $1.3m | $2.0m | $2.5m | $854k | $397k | $843k | $3.3m | $2.8m | $2.6m | |
| Income tax expense | $66.2m | $72.9m | $17.9m | $52.1m | $29.1m | $61.3m | $116.4m | $169.3m | $141.2m | $172.1m | |
| Interest Income (Expense), Net | $402.7m | $437.2m | $537.6m | $604.3m | $596.1m | $596.4m | $1.3b | $1.5b | $1.5b | $2.1b | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($103k) | — | — | — | — | — | — | — | — | — | |
| Total interest expense | $44.4m | $58.2m | $94.4m | $126.1m | $67.2m | $42.2m | $126.3m | $703.7m | $1.1b | $1.2b | |
| Total noninterest expense | $454.1m | $448.8m | $517.3m | $508.5m | $541.4m | $500.6m | $1.0b | $1.0b | $1.1b | $1.5b | |
| Income Tax Expense (Benefit) | $66.2m | $72.9m | $17.9m | $52.1m | $29.1m | $61.3m | $116.4m | $169.3m | $141.2m | $172.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.