Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 234

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 2
Chunk 234
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613 $422,065 Weighted average diluted common shares outstanding357,278 308,605 Net income per common share, diluted$1.23 $1.21 Adjusted net income per common share, diluted (1)$1.59 $1.37 Tangible common book value:Shareholders’ common equity$8,065,552 $6,123,579 Deduct:  Goodwill and intangible assets2,926,960 2,305,084 Tangible shareholders’ common equity (1)$5,138,592 $3,818,495 Period end common shares390,768 318,955 Tangible common book value (1)$13.15 $11.97 Return on average tangible common equity:Net income applicable to common shares$440,533 $373,214 Add:  Intangible amortization (net of tax) (2)39,483 15,218 Tangible net income (1)$480,016 $388,432 Average shareholders’ common equity$7,108,424 $5,668,827 Deduct:  Average goodwill and intangible assets2,633,858 2,216,437 Average tangible shareholders’ common equity (1)$4,474,566 $3,452,390 Return on average tangible common equity (1)14.30 %15.00 %Net interest margin:Net interest income$1,477,042 $1,136,603 Taxable equivalent adjustment20,398 18,737 Net interest income - taxable equivalent basis (1)$1,497,440 $1,155,340 Average earning assets$57,115,572 $46,500,942 Net interest margin (1)3.50 %3.31 %Efficiency ratio:Noninterest expense$1,098,971 $817,599 Deduct:  Intangible amortization expense52,644 20,291 Adjusted noninterest expense (1)$1,046,327 $797,308 Net interest income - taxable equivalent basis (1)    (see above)$1,497,440 $1,155,340 Noninterest income356,772 258,931 Deduct:  Debt securities gains (losses), net(110)(90)Adjusted total revenue (1)$