Company: ONBPP
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000707179-25-000005
Chunk: 148

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 148
---
 banking revenue26,237 16,319 23,015 Capital markets income20,299 24,419 25,986 Company-owned life insurance20,987 15,397 14,564 Debt securities gains (losses), net(212)(6,265)(88)Gain on sale of Visa Class B restricted shares— 21,635 — Gain on sale of health savings accounts— — 90,673 Other income49,020 39,955 32,050 Total noninterest income354,697 333,342 399,779 Noninterest ExpenseSalaries and employee benefits603,095 546,364 575,626 Occupancy110,429 106,676 100,421 Equipment36,588 32,163 27,637 Marketing45,607 39,511 32,264 Technology88,797 80,343 84,865 Communication17,337 16,980 18,846 Professional fees35,291 27,335 39,046 FDIC assessment44,681 56,730 19,332 Amortization of intangibles27,528 24,155 25,857 Amortization of tax credit investments13,329 15,367 10,961 Property optimization— 1,559 26,818 Other expense71,741 79,123 76,510 Total noninterest expense1,094,423 1,026,306 1,038,183 Income before income taxes680,438 751,302 544,733 Income tax expense141,250 169,310 116,446 Net income539,188 581,992 428,287 Preferred dividends(16,135)(16,135)(14,118)Net income applicable to common shareholders$523,053 $565,857 $414,169 Net income per common share - basic$1.69 $1.95 $1.51 Net income per common share - diluted1.68 1.94 1.50 Weighted average number of common shares outstanding - basic309,499 290,748 275,179 Weighted average number of common shares outstanding - diluted311,001 291,855 276,688 Dividends per common share$0.56 $0.56 $0.56