Old National Bancorp
Old National Bancorp (ONB) Financial Performance & Income Statement Overview
Explore the financials of Old National Bancorp (ONB), including yearly and quarterly data on income, cash flow, and balance sheets.
Old National Bancorp (ONB) Income Statement & Financial Overview
Review Old National Bancorp ONB income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $724.19M | $757.85M | $774.06M | $750.93M |
| Cost of Revenue | $274.16M | $294.92M | $316.70M | $311.46M |
| Gross Profit | $450.03M | $462.93M | $457.37M | $439.48M |
| Gross Profit Ratio | $0.62 | $0.61 | $0.59 | $0.59 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $169.94M | $171.23M | $170.25M | $180.15M |
| Operating Expenses | $268.47M | $276.82M | $272.28M | $283.00M |
| Total Costs & Expenses | $542.63M | $571.74M | $588.98M | $594.46M |
| Interest Income | $630.40M | $662.08M | $679.92M | $663.66M |
| Interest Expense | $242.76M | $267.90M | $288.20M | $275.24M |
| Depreciation & Amortization | $16.38M | $16.89M | $16.91M | $16.69M |
| EBITDA | $197.94M | $203.00M | $202.00M | $173.17M |
| EBITDA Ratio | $0.27 | $0.27 | $0.26 | $0.23 |
| Operating Income | $181.56M | $186.10M | $185.08M | $156.48M |
| Operating Income Ratio | $0.25 | $0.25 | $0.24 | $0.21 |
| Other Income/Expenses (Net) | $0.00 | $0.00 | $0.00 | $0.00 |
| Income Before Tax | $181.56M | $186.10M | $185.08M | $156.48M |
| Income Before Tax Ratio | $0.25 | $0.25 | $0.24 | $0.21 |
| Income Tax Expense | $36.90M | $32.23M | $41.28M | $35.25M |
| Net Income | $144.66M | $153.87M | $143.80M | $121.23M |
| Net Income Ratio | $0.20 | $0.20 | $0.19 | $0.16 |
| EPS | $0.45 | $0.47 | $0.44 | $0.37 |
| Diluted EPS | $0.44 | $0.47 | $0.44 | $0.37 |
| Weighted Avg Shares Outstanding | $315.93M | $315.67M | $315.62M | $315.58M |
| Weighted Avg Shares Outstanding (Diluted) | $321.02M | $318.80M | $317.33M | $316.46M |
The company's financials show resilient growth, with revenue advancing from $750.93M in Q2 2024 to $724.19M in Q1 2025. Gross profit remained healthy with margins at 62% in Q1 2025 compared to 59% in Q2 2024. Operating income hit $181.56M last quarter, sustaining a consistent 25% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $197.94M. Net income dropped to $144.66M, while earnings per share reached $0.45. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan