Back to top

Image: Bigstock

Old National Bancorp (ONB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Read MoreHide Full Article

For the quarter ended September 2026, Old National Bancorp (ONB - Free Report) reported revenue of $720.4 million, up 1% over the same period last year. EPS came in at $0.66, compared to $0.59 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $735.94 million, representing a surprise of -2.11%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.66.

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.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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% compared to the 3.6% average estimate based on five analysts.
  • Efficiency Ratio: 46.1% versus the four-analyst average estimate of 49.3%.
  • Net charge-offs to average loans: 0.3% versus the four-analyst average estimate of 0.3%.
  • Average Balance - Total earning assets: $67.3 billion versus the four-analyst average estimate of $67.36 billion.
  • Nonaccrual loans: $470.2 million versus the two-analyst average estimate of $447.31 million.
  • Total underperforming assets: $477.16 million versus the two-analyst average estimate of $455.31 million.
  • Net Interest Income (FTE): $591.95 million versus $607.72 million estimated by five analysts on average.
  • Total noninterest income: $128.45 million compared to the $128.22 million average estimate based on five analysts.
  • Debit card and ATM fees: $13.33 million compared to the $13.16 million average estimate based on four analysts.
  • Other income: $15.05 million versus the four-analyst average estimate of $16.56 million.
  • Mortgage banking revenue: $8.97 million compared to the $9.73 million average estimate based on four analysts.
  • Wealth and investment services fees: $42.24 million versus the four-analyst average estimate of $42.59 million.

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

Shares of Old National Bancorp have returned +1.2% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

Published in