Company: ONBPP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000707179-25-000018
Chunk: 81

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 1
Chunk 81
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,646 — Less: tax effect on net total adjustments (2)(26,372)(1,103)(2,089)(2,134)(7,888)Net income applicable to common shares, adjusted (1)$190,853 $145,454 $155,989 $147,216 $144,058 Weighted average diluted common shares outstanding361,436 321,016 318,803 317,331 316,461 Net income per common share, diluted$0.34 $0.44 $0.47 $0.44 $0.37 Adjusted net income per common share, diluted (1)$0.53 $0.45 $0.49 $0.46 $0.46 Tangible common book value:Shareholders’ common equity$7,882,668 $6,290,935 $6,096,631 $6,123,579 $5,831,353 Deduct:  Goodwill and intangible assets2,944,372 2,289,268 2,296,098 2,305,084 2,306,204 Tangible shareholders’ common equity (1)$4,938,296 $4,001,667 $3,800,533 $3,818,495 $3,525,149 Period end common shares391,818 319,236 318,980 318,955 318,969 Tangible common book value (1)12.60 12.54 11.91 11.97 11.05 Return on average tangible common equity:Net income applicable to common shares$121,375 $140,625 $149,839 $139,768 $117,196 Add:  Intangible amortization (net of tax) (2)14,722 5,122 5,428 5,558 5,569 Tangible net income (1)$136,097 $145,747 $155,267 $145,326 $122,765 Average shareholders’ common equity$7,208,397 $6,172,766 $6,095,234 $5,946,352 $5,735,257 Deduct:  Average goodwill and intangible assets2,670,710 2,292,526