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Stock impact report

Old National reports 4th quarter earnings, announces dividend increase, stock repurchase plan, and ONB Way strategic update

Old National Bancorp (ONB) 
Last old national bancorp earnings: 4/20 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
EVANSVILLE, Ind., Jan. 21, 2020 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) reports 4Q19 net income of $49.2 million, diluted EPS of $0.29. Adjusted1 net income of $55.2 million, or $0.32 per diluted share. 2019 annual net income of $238.2 million, diluted EPS of $1.38. Adjusted1 2019 annual net income of $249.9 million, diluted EPS of $1.45.  CEO COMMENTARY: “Our 4th quarter results capped a strong year of earnings for Old National,” said CEO Jim Ryan. “Full-year 2019 results included three quarters of record net income, stellar credit metrics, well controlled expenses and record commercial loan production, all of which was accomplished while finalizing a new strategic plan – known as The ONB Way – that will ensure our clients remain at the center of all we do.”  FOURTH QUARTER HIGHLIGHTS2: Net Income Net income of $49.2 millionEarnings per share of $0.29 Net Interest Income/NIM Net interest income on a fully taxable equivalent basis was $152.2 million compared to $1 Show less Read more
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