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Stock impact report

ONB Q4 Deep Dive: Margin Expansion, Bremer Integration, and Strategic Loan Growth [Yahoo! Finance]

Old National Bancorp (ONB) 
Last old national bancorp earnings: 4/20 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Its non-GAAP profit of $0.62 per share was 4.8% above analysts' consensus estimates. Is now the time to buy ONB? Find out in our full research report (it's free). Revenue: $714.4 million vs analyst estimates of $708.1 million (44.1% year-on-year growth, 0.9% beat) Adjusted EPS: $0.62 vs analyst estimates of $0.59 (4.8% beat) Adjusted Operating Income: $316.9 million vs analyst estimates of $335.1 million (44.4% margin, 5.4% miss) Market Capitalization: $9.39 billion Old National Bank's fourth quarter results drew a positive market response, as management attributed the performance to strong core deposit growth, disciplined expense control, and credit improvement. CEO Jim Ryan highlighted the successful completion of the Bremer Bank integration and noted the company's ability to boost tangible book value per share, despite merger charges and share repurchases. Management also emphasized positive trends in fee income, particularly in mortgage and capital markets, which benef Show less Read more
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