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Old National Bancorp ONB Goodwill impairment

Goodwill impairment at other companies

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Wintrust FinancialWTFC
$0
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Northwest BancsharesNWBI
$0
Valley National Bank logo
Valley National BankVLY
$0
CNB Financial logo
CNB FinancialCCNE
$0

Other financials

Income statement

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Revenue$732.6M+13.2%
Net income$253.4M+102%
EPS (diluted)$0.65+91.2%

Balance sheet

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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

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Operating cash flow$280.2M+284%
CapEx$4.4M-50.2%
Free cash flow$275.9M+330%

Valuation

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Market cap$10.33B+27.2%
Enterprise value$8.8B+33.9%
P/E11.7×-2.6×
P/S3.7×-0.2×

Profitability

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Net margin31.4%+4.4pp
FCF margin33.3%+9.0pp

Returns & leverage

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Return on equity10.6%+2.6pp
Debt / equity0.0×

Where this comes from

Reported directly by Old National Bancorp in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Old National Bancorp’s 10-Q, filed October 29, 2025.

Filed
Oct 29, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0000707179-25-000064

Old National performed the required annual goodwill impairment test as of August 31, 2025 and there was no impairment. No events or circumstances since the August 31, 2025 annual impairment test were noted that would indicate it was more likely than not a goodwill impairment exists.

Item 1. Financial Statements

FAQ

What is Old National Bancorp's goodwill impairment?
Old National Bancorp (ONB) reported goodwill impairment of $0 in Q3 2025.
What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

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