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Old National Bancorp (ONB) investor relations material
Old National Bancorp Investor presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic objectives and business model
Aims to be a top quartile performing basic bank, trusted by clients and valued as an employer, with a focus on empowering team members and community engagement.
Prioritizes organic and capital growth over mergers and acquisitions, with a proven track record as an acquirer.
Maintains a quality, low-cost deposit base and a granular, diversified loan portfolio.
Emphasizes strong credit culture and diversified revenue streams.
Financial performance and profitability
Achieved record adjusted EPS, net income, and efficiency ratio for full-year 2025.
4Q25 adjusted ROAA of 1.37% and adjusted ROATCE of 19.9%, with an adjusted efficiency ratio of 46.0%.
Total loan and deposit growth of 5.1% and 4.9% YoY, respectively, excluding Bremer.
Tangible book value per share up 15% YoY, with 2.2 million shares repurchased in 2025.
Balance sheet, capital, and liquidity
Total assets of $72B, loans of $49B, and deposits of $55B as of 12/31/2025.
CET1 capital ratio at 11.08%, TCE/TA at 7.72%, and loan-to-deposit ratio at 89%.
Ample liquidity and capital, with tangible book value per share up 17% annualized vs. 3Q25.
75% of core deposits have tenure over 5 years; insured deposits exceed 70% of total.
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