Company: ONBPP
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000707179-25-000005
Chunk: 91

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 91
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3,218,215 Period end common shares318,980 318,955 318,969 293,330 292,655 Tangible common book value (1)11.91 11.97 11.05 11.10 11.00 Return on average tangible common equity:Net income applicable to common shares$149,839 $139,768 $117,196 $116,250 $128,446 Add:  Intangible amortization (net of tax) (2)5,428 5,558 5,569 4,091 4,402 Tangible net income (1)$155,267 $145,326 $122,765 $120,341 $132,848 Average shareholders’ common equity$6,095,234 $5,946,352 $5,735,257 $5,321,823 $5,037,768 Deduct:  Average goodwill and intangible assets2,301,177 2,304,597 2,245,405 2,098,338 2,103,935 Average tangible shareholders’ common equity (1)$3,794,057 $3,641,755 $3,489,852 $3,223,485 $2,933,833 Return on average tangible common equity (1)16.37 %15.96 %14.07 %14.93 %18.11 %Net interest margin:Net interest income$394,180 $391,724 $388,421 $356,458 $364,408 Taxable equivalent adjustment5,777 6,144 6,340 6,253 6,100 Net interest income – taxable equivalent basis (1)$399,957 $397,868 $394,761 $362,711 $370,508 Average earning assets$48,411,803 $47,905,463 $47,406,849 $44,175,079 $43,701,283 Net interest margin (1)3.30 %3.32 %3.33 %3.28 %3.39 %Efficiency ratio:Noninterest expense$276,824 $272,283 $282,999 $262,317 $284,235 D