--- title: "Old Natl Bancorp Pref Share ONBPO 7.0 PERP 08/20/25 | 8-K: FY2025 Q4 Revenue: USD 690.59 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/273228895.md" datetime: "2026-01-21T12:21:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273228895.md) - [en](https://longbridge.com/en/news/273228895.md) - [zh-HK](https://longbridge.com/zh-HK/news/273228895.md) generator: "portal-rs" --- # Old Natl Bancorp Pref Share ONBPO 7.0 PERP 08/20/25 | 8-K: FY2025 Q4 Revenue: USD 690.59 M Revenue: As of FY2025 Q4, the actual value is USD 690.59 M. EPS: As of FY2025 Q4, the actual value is USD 0.55. EBIT: As of FY2025 Q4, the actual value is USD -309.31 M. #### Net Income and Earnings Per Share Net income applicable to common shares was $212.6 million for the fourth quarter of 2025, with a diluted EPS of $0.55. On an adjusted basis, net income applicable to common shares was $241.0 million, and diluted EPS was $0.62 for the fourth quarter of 2025. For the full year 2025, net income applicable to common shares was $653.1 million, and diluted EPS was $1.79. Adjusted full-year 2025 net income applicable to common shares was $808.6 million, with an adjusted diluted EPS of $2.21. #### Net Interest Income and Net Interest Margin Net interest income on a fully taxable equivalent (FTE) basis for the fourth quarter of 2025 was $588.8 million. The net interest margin (NIM) on an FTE basis increased by 1 basis point to 3.65% in the fourth quarter of 2025. For the full year 2025, net interest income (GAAP) was $2,057,874 thousand, and on an FTE basis, it was $2,086,285 thousand. The full-year 2025 FTE NIM was 3.54%. #### Operating Performance Pre-provision net revenue (PPNR) was $312.3 million for the fourth quarter of 2025, while adjusted PPNR was $349.6 million, representing a 4% increase. Noninterest expense for the fourth quarter of 2025 was $386.3 million, and adjusted noninterest expense was $364.8 million. The efficiency ratio was 51.6%, with an adjusted efficiency ratio of 46.0% for the fourth quarter of 2025. For the full year 2025, PPNR was $1,067,525 thousand, and adjusted PPNR was $1,200,328 thousand. Full-year 2025 noninterest expense was $1,485,291 thousand, and adjusted noninterest expense was $1,347,402 thousand. The full-year 2025 efficiency ratio was 55.1%, and the adjusted efficiency ratio was 48.8%. #### Deposits and Funding Period-end total deposits were $55.1 billion, reflecting a 0.6% annualized increase, while core deposits decreased by 3.2% annualized in the fourth quarter of 2025. Average total deposits for the fourth quarter were $55.1 billion, an increase of $0.2 billion. Total deposit costs were 180 basis points, down 17 basis points. The loan to deposit ratio was 89%. #### Loans and Credit Quality End-of-period total loans were $48.8 billion, an increase of $768.8 million or 6.4% annualized, including commercial and industrial loan growth of $477.5 million in the fourth quarter of 2025. Total commercial loan production for the fourth quarter was $3.5 billion, up 25%, and the period-end commercial pipeline was $4.8 billion, up 15%. Average total loans in the fourth quarter were $48.2 billion, consistent with the third quarter of 2025. Provision for credit losses was $32.7 million in the fourth quarter of 2025, compared to $26.7 million in the prior quarter. Net charge-offs were $32.1 million, or 27 basis points of average loans, compared to 24 basis points in the prior quarter. Excluding purchased credit deteriorated (PCD) loans, net charge-offs to average loans were 16 basis points, compared to 17 basis points. 30+ day delinquencies were 0.22% of total loans, while nonaccrual loans were 1.07% of total loans. The allowance for credit losses, including unfunded commitments, stood at $605.2 million, or 1.24% of total loans. For the full year 2025, provision for credit losses was $197,721 thousand, and net charge-offs were $110,290 thousand. #### Noninterest Income Total noninterest income was $109.7 million, or $125.6 million excluding a $15.9 million pre-tax loss from the termination of the Bremer pension plan. Excluding the pension plan loss and realized debt securities gains, noninterest income decreased by 3.7%, primarily due to lower other income, partially offset by record capital markets and higher mortgage banking revenue. #### Noninterest Expense Noninterest expense was $386.3 million, which included $24.5 million in pre-tax merger-related charges and a $3.0 million pre-tax reduction to the FDIC special assessment. Adjusted noninterest expense was $364.8 million, down from $376.5 million in the previous quarter, driven by cost savings from the Bremer transaction. #### Income Taxes Income tax expense was $54.9 million, resulting in an effective tax rate of 20.2%, down from 21.5% in the prior quarter, primarily due to the finalization of federal and state tax returns. On an adjusted fully taxable equivalent (FTE) basis, the effective tax rate was 22.7%. Income tax expense included $10.5 million in tax credit benefits. #### Capital Preliminary total risk-based capital increased by 7 basis points to 12.85%, and preliminary regulatory Tier 1 capital increased by 4 basis points to 11.53%, driven by strong retained earnings partly offset by loan growth. Tangible common equity to tangible assets was 7.72%, up 2.5%. The Company repurchased 1.1 million shares of common stock during the quarter. #### Outlook/Guidance No specific forward-looking outlook or guidance content was found in the provided reference text beyond historical performance and current quarter results. ### Related Stocks - [ONBPO.US](https://longbridge.com/en/quote/ONBPO.US.md) ## Related News & Research - [Inside Coca-Cola’s secretive innovation labs: How the beverage giant wants to automate dirty soda and refreshers](https://longbridge.com/en/news/296681725.md) - [Powerful Growth, Multiple Endorsements Bode Well for Oracle Stock](https://longbridge.com/en/news/296686709.md) - [TRB Wealth Management LLC Makes New $828,000 Investment in Thermo Fisher Scientific Inc. $TMO](https://longbridge.com/en/news/296680142.md) - [William Blair Investment Management LLC Buys Shares of 379,732 Mercury Systems Inc $MRCY](https://longbridge.com/en/news/296680261.md) - [NFJ Investment Group LLC Makes New Investment in Cathay General Bancorp $CATY](https://longbridge.com/en/news/296678930.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**