Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 232

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 2
Chunk 232
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 5,428 5,558 Tangible net income (1)$198,171 $136,097 $145,747 $155,267 $145,326 Average shareholders’ common equity$7,924,856 $7,208,397 $6,172,766 $6,095,234 $5,946,352 Deduct:  Average goodwill and intangible assets2,931,319 2,670,710 2,292,526 2,301,177 2,304,597 Average tangible shareholders’ common equity (1)$4,993,537 $4,537,687 $3,880,240 $3,794,057 $3,641,755 Return on average tangible common equity (1)15.87 %12.00 %15.02 %16.37 %15.96 %Net interest margin:Net interest income$574,609 $514,790 $387,643 $394,180 $391,724 Taxable equivalent adjustment7,975 7,063 5,360 5,777 6,144 Net interest income - taxable equivalent basis (1)$582,584 $521,853 $393,003 $399,957 $397,868 Average earning assets$64,032,811 $59,061,249 $48,077,320 $48,411,803 $47,905,463 Net interest margin (1)3.64 %3.53 %3.27 %3.30 %3.32 %Efficiency ratio:Noninterest expense$445,734 $384,766 $268,471 $276,824 $272,283 Deduct:  Intangible amortization expense26,184 19,630 6,830 7,237 7,411 Adjusted noninterest expense (1)$419,550 $365,136 $261,641 $269,587 $264,872 Net interest income - taxable equivalent basis (1)    (see above)$582,584 $521,853 $393,003 $399,957 $397,868 Noninterest income130,461 132,517 93,794 95,766 94,138