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Old National Bancorp (ONB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended June 2026, Old National Bancorp (ONB - Free Report) reported revenue of $740.06 million, up 13.1% over the same period last year. EPS came in at $0.65, compared to $0.53 in the year-ago quarter.
The reported revenue represents a surprise of +3.55% over the Zacks Consensus Estimate of $714.7 million. With the consensus EPS estimate being $0.62, the EPS surprise was +4.84%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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:
Net interest margin (FTE): 3.5% versus 3.6% estimated by two analysts on average.
Efficiency Ratio: 47% compared to the 50.6% average estimate based on two analysts.
Net Interest Income (FTE): $586.5 million versus the two-analyst average estimate of $589.5 million.
Total noninterest income: $153.56 million compared to the $125.2 million average estimate based on two analysts.
Shares of Old National Bancorp have returned +3.4% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Old National Bancorp (ONB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2026, Old National Bancorp (ONB - Free Report) reported revenue of $740.06 million, up 13.1% over the same period last year. EPS came in at $0.65, compared to $0.53 in the year-ago quarter.
The reported revenue represents a surprise of +3.55% over the Zacks Consensus Estimate of $714.7 million. With the consensus EPS estimate being $0.62, the EPS surprise was +4.84%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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:View all Key Company Metrics for Old National Bancorp here>>>
Shares of Old National Bancorp have returned +3.4% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.