What is Old National Bancorp's acquisitions?

Old National Bancorp (ONB) reported acquisitions of $33.78M in Q4 2025.

How has Old National Bancorp's acquisitions changed year-over-year?

Old National Bancorp's acquisitions decreased by 24.0% year-over-year, from $44.45M to $33.78M.

What does acquisitions mean?

Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

Old National Bancorp ONB Acquisitions

Acquisitions at other companies

Fifth Third BankFITB

$740M—

Huntington BancsharesHBAN

$1.68B—

First Financial CorporationTHFF

$11.78M—

HBT

HBT Financial, Inc.HBT

-$15.04M—

Nicolet BanksharesNIC

-$165.64M—

Bridgewater Bancshares, Inc.BWB

-$4.32M—

Other financials

Income statement

See full

Revenue$732.6M+13.2%

Net income$253.4M+102%

EPS (diluted)$0.65+91.2%

Balance sheet

See full

Cash & equivalents$1.8B-2.2%

Total debt$234.5M-9.4%

Total equity$8.6B+5.6%

Total assets$74.2B+4.5%

Cash flow

See full

Operating cash flow$280.2M+284%

CapEx$4.4M-50.2%

Free cash flow$275.9M+330%

Valuation

See full

Market cap$10.21B+22.6%

Enterprise value$8.67B+28.1%

P/E11.5×-3.1×

P/S3.6×-0.3×

Profitability

See full

Net margin31.4%+4.4pp

FCF margin33.3%+9.0pp

Returns & leverage

See full

Return on equity10.6%+2.6pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Old National Bancorp in its filing.

Tagged under the XBRL concept us-gaap:CashAcquiredFromAcquisition.

The official record: Old National Bancorp’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

Ask your AI about Old National Bancorp's acquisitions.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Old National Bancorp's acquisitions?: Old National Bancorp (ONB) reported acquisitions of $33.78M in Q4 2025.
How has Old National Bancorp's acquisitions changed year-over-year?: Old National Bancorp's acquisitions decreased by 24.0% year-over-year, from $44.45M to $33.78M.
What does acquisitions mean?: Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.