--- title: "Old Natl Bancorp Pref Share ONBPO 7.0 PERP 08/20/25 | 8-K: FY2026 Q2 Revenue: USD 732.55 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/293464298.md" datetime: "2026-07-22T11:15:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293464298.md) - [en](https://longbridge.com/en/news/293464298.md) - [zh-HK](https://longbridge.com/zh-HK/news/293464298.md) generator: "portal-rs" --- # Old Natl Bancorp Pref Share ONBPO 7.0 PERP 08/20/25 | 8-K: FY2026 Q2 Revenue: USD 732.55 M Revenue: As of FY2026 Q2, the actual value is USD 732.55 M. EPS: As of FY2026 Q2, the actual value is USD 0.65. EBIT: As of FY2026 Q2, the actual value is USD 324.19 M. ### Net Income Old National Bancorp reported net income applicable to common shares of $249.4 million for the second quarter of 2026, with an adjusted net income applicable to common shares of $250.4 million. Net income applicable to common shareholders was $249,381 thousand for the second quarter of 2026, compared to $229,638 thousand for the first quarter of 2026 and $121,375 thousand for the second quarter of 2025. ### Net Interest Income and Margin Net interest income on a fully taxable equivalent (FTE) basis was $586.5 million for the second quarter of 2026, increasing from $580.4 million in the prior quarter and $521,853 thousand in the second quarter of 2025. The net interest margin (FTE) was 3.54% for the second quarter of 2026, a decrease of 1 basis point from the prior quarter’s 3.55%, but up from 3.53% in the second quarter of 2025. ### Operating Performance Pre-provision net revenue (PPNR) was $367.9 million, with adjusted PPNR at $366.8 million for the second quarter of 2026. Noninterest expense totaled $372.2 million, and adjusted noninterest expense was $360.1 million. The company achieved a record efficiency ratio of 47.0% and a record adjusted efficiency ratio of 45.2%. Total noninterest expense for the second quarter of 2026 included $12.1 million in merger-related charges. ### Deposits and Funding Period-end total deposits reached $56.1 billion, representing an annualized increase of 3.4%. Total deposit costs were 171 basis points, down 1 basis point, and interest-bearing deposit costs were 223 basis points, also down 1 basis point. Average total deposits for the second quarter were $55.5 billion, an increase of $479.1 million. The loan to deposit ratio stood at 91%. ### Loans and Credit Quality Period-end total loans were $50.8 billion, an increase of $1.0 billion or 8.3% annualized, primarily driven by commercial and industrial growth of $495.0 million and commercial real estate growth of $342.3 million. The provision for credit losses was $36.2 million, with net charge-offs at $32.2 million, or 26 basis points of average loans. Excluding purchased credit deteriorated (PCD) loans, net charge-offs to average loans were 22 basis points. 30+ day delinquencies were 0.29% of total loans, and nonaccrual loans were 0.91% of total loans. The allowance for credit losses, including unfunded loan commitments, was $612.0 million, or 1.21% of total loans. ### Capital Preliminary regulatory Tier 1 common equity to risk-weighted assets was 11.09%, a decrease of 2 basis points. Old National Bancorp repurchased $107 million, or 4.4 million shares, of common stock during the quarter. The tangible common equity to tangible assets ratio was 7.68%. Preliminary total risk-based capital was 13.65%, and preliminary regulatory Tier 1 capital was 11.53%. The company paid $56 million in quarterly common stock cash dividends, resulting in a combined payout ratio of 65%. ### Return Profile Return on average tangible common equity (ROATCE) was 19.8%, with adjusted ROATCE at 19.9%. ### Other Income Total noninterest income was $153.6 million, or $140.4 million excluding a $13.2 million pre-tax gain from the settlement of the Bremer pension plan. Excluding the pension plan gain and realized debt securities gains, noninterest income increased by 14.8%. ### Notable Items The second quarter results included a $13.2 million pre-tax pension gain and $12.1 million of pre-tax merger-related charges. ### Outlook The specific financial metrics, operational data, or detailed outlook content are not provided within this Form 8-K filing itself, but are referenced as being in the accompanying press release and presentation available on the company’s website. ### Related Stocks - [ONBPO.US](https://longbridge.com/en/quote/ONBPO.US.md) ## Related News & Research - [Public Storage announces R$ 0.41 per unit dividend for Q3 2026](https://longbridge.com/en/news/296635332.md) - [ZTO Express Q2 2026 Earnings Preview](https://longbridge.com/en/news/296149351.md) - [REG - UIL Limited UIL Finance Ltd - Purchase of 2026 ZDP Shares](https://longbridge.com/en/news/296518280.md) - [Algorhythm Holdings Reports Second Quarter 2026 Financial Results](https://longbridge.com/en/news/296124832.md) - [Corning sets Q3 2026 dividend at R$ 0.25 per unit](https://longbridge.com/en/news/296635714.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**