Company: ONBPP
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000707179-25-000005
Chunk: 151

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 151
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 — — 27,910 Stock activity under incentive   compensation plans— 2,317 (1,584)(681)— 52 Balance, December 31, 2023230,500 292,655 4,159,924 1,618,630 (738,809)5,562,900 Net income— — — 539,188 — 539,188 Other comprehensive income (loss)— — — — (7,234)(7,234)Acquisition of CapStar Financial   Holdings, Inc.— 24,014 393,584 — — 417,598 Cash dividends:Common ($0.56 per share)— — — (175,028)— (175,028)Preferred ($70.00 per share)— — — (16,135)— (16,135)Common stock issued— 62 972 — — 1,034 Common stock repurchased— (533)(8,351)— — (8,884)Share-based compensation expense— — 32,283 — — 32,283 Stock activity under incentive   compensation plans— 2,782 (7,547)(607)— (5,372)Balance, December 31, 2024$230,500 $318,980 $4,570,865 $1,966,048 $(746,043)$6,340,350 

The accompanying notes to consolidated financial statements are an integral part of these statements.

79

OLD NATIONAL BANCORP

CONSOLIDATED STATEMENTS OF CASH FLOWS

Years Ended December 31,(dollars in thousands)202420232022Cash Flows From Operating ActivitiesNet income$539,188 $581,992 $428,287 Adjustments to reconcile net income to cash provided by operating activities:Depreciation38,104 38,180 36,436 Amortization of other intangible assets27,528 24,155 25,857 Amortization of tax credit investments13,329 15,367 10,961 Net premium amortization on investment securities9,879 7,416 18,684 Accretion income related to acquired loans(42,952)(22,191)(72,007)Share-based compensation expense32