Company: ONBPP
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000707179-25-000009
Chunk: 189

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 2
Chunk 189
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FDIC special assessment— — — — 2,994 Less: tax effect on net total adjustments (2)(1,103)(2,089)(2,134)(7,888)(4,695)Net income applicable to common shares, adjusted (1)$145,454 $155,989 $147,216 $144,058 $130,791 Weighted average diluted common shares outstanding321,016 318,803 317,331 316,461 292,207 Net income per common share, diluted$0.44 $0.47 $0.44 $0.37 $0.40 Adjusted net income per common share, diluted (1)$0.45 $0.49 $0.46 $0.46 $0.45 Tangible common book value:Shareholders’ common equity$6,290,935 $6,096,631 $6,123,579 $5,831,353 $5,351,689 Deduct:  Goodwill and intangible assets2,289,268 2,296,098 2,305,084 2,306,204 2,095,511 Tangible shareholders’ common equity (1)$4,001,667 $3,800,533 $3,818,495 $3,525,149 $3,256,178 Period end common shares319,236 318,980 318,955 318,969 293,330 Tangible common book value (1)12.54 11.91 11.97 11.05 11.10 Return on average tangible common equity:Net income applicable to common shares$140,625 $149,839 $139,768 $117,196 $116,250 Add:  Intangible amortization (net of tax) (2)5,122 5,428 5,558 5,569 4,091 Tangible net income (1)$145,747 $155,267 $145,326 $122,765 $120,341 Average shareholders’ common equity$6,172,766 $6,095,234 $5,946,352 $5,735,257 $5,321,823 Deduct:  Average goodwill and intangible assets