<span item_type="fundamental" item_id="87e43c486053bff95cd1c1745b5c63c1" counter_id="ST/US/ONBPO" env="prod"></span><span item_type="announcement" item_id="540971149679200129" env="prod"></span><p>EPS: As of FY2025 Q2, the actual value is USD 0.34.</p><p></p><h3>Net Income</h3><ul><li>Net income applicable to common shares for the second quarter of 2025 was $121.4 million, with adjusted net income of $190.9 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb_exhibit991er2q25.htm"></span></li></ul><h3>Net Interest Income</h3><ul><li>Net interest income on a fully taxable equivalent basis was $521.9 million, with a net interest margin of 3.53%, an increase of 26 basis points.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb_exhibit991er2q25.htm"></span></li></ul><h3>Operating Performance</h3><ul><li>Pre-provision net revenue was $269.6 million, with adjusted pre-provision net revenue of $289.9 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb_exhibit991er2q25.htm"></span></li><li>Noninterest expense was $384.8 million, with adjusted noninterest expense of $343.6 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb_exhibit991er2q25.htm"></span></li><li>Efficiency ratio was 55.8%, with an adjusted efficiency ratio of 50.2%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb_exhibit991er2q25.htm"></span></li></ul><h3>Deposits and Funding</h3><ul><li>Period-end total deposits were $54.4 billion, an increase of $13.3 billion, with core deposits up $11.6 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb_exhibit991er2q25.htm"></span></li></ul><h3>Loans and Credit Quality</h3><ul><li>End-of-period total loans were $48.0 billion, an increase of $11.5 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb_exhibit991er2q25.htm"></span></li><li>Provision for credit losses was $106.8 million, with net charge-offs of $26.5 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb_exhibit991er2q25.htm"></span></li></ul><h3>Return Profile &amp; Capital</h3><ul><li>Return on average tangible common equity was 12.0%, with adjusted ROATCE of 18.1%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb_exhibit991er2q25.htm"></span></li><li>Preliminary regulatory Tier 1 common equity to risk-weighted assets was 10.74%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb_exhibit991er2q25.htm"></span></li></ul><h3>Notable Items</h3><ul><li>$75.6 million of pre-tax CECL Day 1 non-PCD provision expense and $41.2 million of pre-tax merger-related charges.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb_exhibit991er2q25.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>Old National Bancorp is well-positioned for the remainder of the year, benefiting from a larger balance sheet and a stronger capital position following the successful closing of the partnership with Bremer.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/707179/000162828025035500/onb_exhibit991er2q25.htm"></span></li></ul>

Old Natl Bancorp Pref Share ONBPO 7.0 PERP 08/20/25 | 8-K: FY2025 Q2 EPS: USD 0.34