Old National Bancorp (ONB) Financial Statements

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Old National Bancorp financial statements at a glance

Old National Bancorp reported revenue of $2.52 billion for fiscal year 2025 (ended December 31, 2025), up 33.9% from fiscal year 2024. Net income was $653.12 million, a net margin of 25.9%.

At the end of fiscal year 2025 it had total assets of $72.15 billion, total liabilities of $63.66 billion and shareholders' equity of $8.49 billion, with cash of $1.83 billion and total debt of $7.09 billion.

Its operations brought in $681.47 million of cash; capital spending was $44.06 million, leaving free cash flow of $637.41 million.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Old National Bancorp

ONBUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
2.52B
Prev Year: 1.89B
YoY: +33.9%
Net Interest Income
2.06B
Prev Year: 1.53B
YoY: +34.4%
Interest Income
3.27B
Prev Year: 2.60B
YoY: +25.7%
Interest Expense
1.21B
Prev Year: 1.07B
YoY: +13.2%
Other Noninterest Expense
288.47M
Prev Year: 177.88M
YoY: +62.2%
Pre-tax Income
841.39M
Prev Year: 680.44M
YoY: +23.7%
Provision for Credit Losses
-
Prev Year: -110.62M
Provision for Income Taxes
172.14M
Prev Year: 141.25M
YoY: +21.9%
Non Interest Expense
-
Prev Year: 1.09B
Net Income Common Stockholders
653.12M
Prev Year: 523.05M
YoY: +24.9%
Special Income Charges
-
Net Income
669.26M
Prev Year: 539.19M
YoY: +24.1%
Gain on Sale of Business
-
Net Income Including Non-Controlling Interests
669.26M
Prev Year: 539.19M
YoY: +24.1%
Net Income from Continuing Operations
669.26M
Prev Year: 539.19M
YoY: +24.1%
Diluted NI Available to Com Stockholders
653.12M
Prev Year: 523.05M
YoY: +24.9%
Net Income from Continuing and Discontinued Operation
669.26M
Prev Year: 539.19M
YoY: +24.1%
Normalized Income
669.26M
Prev Year: 539.19M
YoY: +24.1%
Reconciled Depreciation
123.60M
Prev Year: 65.63M
YoY: +88.3%
Interest Income After Provision for Loan Loss
-
Prev Year: 1.42B
Net Income from Continuing Operation Net Minority Interest
669.26M
Prev Year: 539.19M
YoY: +24.1%
Tax Rate for Calcs
0.205
Prev Year: 0
Preferred Stock Dividends
16.14M
Prev Year: 16.14M
YoY: 0.0%
Securities Amortization
26.12M
Prev Year: 13.33M
YoY: +95.9%
Total Unusual Items Excluding Goodwill
-
Prev Year: 0
Gain on Sale of Securities
-37.0K
Prev Year: -212.0K
YoY: +82.5%
Total Unusual Items
-
Prev Year: 0
Depreciation Amortization Depletion
78.66M
Prev Year: 27.53M
YoY: +185.7%
Depreciation and amortization
78.66M
Prev Year: 27.53M
YoY: +185.7%
Amortization
78.66M
Prev Year: 27.53M
YoY: +185.7%
Amortization of Intangibles
78.66M
Prev Year: 27.53M
YoY: +185.7%
Selling General and Administrative
852.62M
Prev Year: 693.38M
YoY: +23.0%
Selling and Marketing Expense
55.21M
Prev Year: 45.61M
YoY: +21.1%
General and Administrative Expense
797.41M
Prev Year: 647.78M
YoY: +23.1%
Insurance and Claims
48.39M
Prev Year: 44.68M
YoY: +8.3%
Salaries and Wages
749.01M
Prev Year: 603.10M
YoY: +24.2%
Operating Revenue
2.52B
Occupancy And Equipment
177.52M
Prev Year: 147.02M
YoY: +20.8%
Professional and Contract Services Expense
61.90M
Prev Year: 35.29M
YoY: +75.4%
Values in USD

Old National Bancorp key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$2.5B$1.9B$1.8B$1.7B$810.6M
Net income$653.1M$523.1M$565.9M$414.2M$277.5M
Total assets$72.2B$53.6B$49.1B$46.8B$24.5B
Total liabilities$63.7B$47.2B$43.5B$41.6B$21.4B
Shareholders' equity$8.5B$6.3B$5.6B$5.1B$3.0B
Cash$1.8B$1.2B$1.2B$728.4M$822.0M
Total debt$7.1B$5.1B$5.0B$4.6B$2.3B
Operating cash flow$681.5M$622.3M$516.3M$814.4M$330.4M
Capital spending$44.1M$30.3M$38.4M$37.9M$48.7M
Free cash flow$637.4M$592.0M$478.0M$776.5M$281.7M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Old National Bancorp's revenue in fiscal year 2025?

$2.52 billion, up 33.9% from $1.89 billion in fiscal year 2024.

How much profit does Old National Bancorp make?

Old National Bancorp reported net income of $653.12 million for fiscal year 2025 (25.9% of revenue).

How much cash and debt does Old National Bancorp have?

At the end of fiscal year 2025: cash of $1.83 billion and total debt of $7.09 billion.

What is Old National Bancorp's free cash flow?

$637.41 million in fiscal year 2025 (operating cash flow of $681.47 million minus capital spending of $44.06 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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