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Old National Bancorp (ONB) Reports Q3 Earnings: What Key Metrics Have to Say

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For the quarter ended September 2025, Old National Bancorp (ONB - Free Report) reported revenue of $713.05 million, up 44.9% over the same period last year. EPS came in at $0.59, compared to $0.46 in the year-ago quarter.

The reported revenue represents a surprise of +2.35% over the Zacks Consensus Estimate of $696.7 million. With the consensus EPS estimate being $0.56, the EPS surprise was +5.36%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Old National Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Efficiency Ratio: 58.8% compared to the 55.5% average estimate based on four analysts.
  • Net interest margin (FTE): 3.6% versus 3.6% estimated by four analysts on average.
  • Net charge-offs to average loans: 0.3% versus the three-analyst average estimate of 0.3%.
  • Average Balance - Total earning assets: $64.03 billion compared to the $63.86 billion average estimate based on two analysts.
  • Total noninterest income: $130.46 million versus the four-analyst average estimate of $120.33 million.
  • Net Interest Income (FTE): $582.58 million compared to the $576.36 million average estimate based on four analysts.
  • Service charges on deposit accounts: $27.86 million versus the two-analyst average estimate of $25.3 million.
  • Wealth and investment services fees: $39.68 million compared to the $36.59 million average estimate based on two analysts.
  • Mortgage banking revenue: $10.44 million versus the two-analyst average estimate of $10.52 million.

View all Key Company Metrics for Old National Bancorp here>>>

Shares of Old National Bancorp have returned -7.1% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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