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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:IncomeTaxExpenseBenefit.

The source filing: Old National Bancorp’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 11:02 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000707179-26-000046
(dollars and shares in thousands, except per share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other expense35,38028,64656,44044,891
Total noninterest expense372,161384,766736,865653,237
Income before income taxes324,185155,706619,454337,269
Income tax expense70,77130,298132,36867,202
Net income253,414125,408487,086270,067
Preferred dividends(4,033)(4,033)(8,067)(8,067)
Net income applicable to common shareholders$249,381$121,375$479,019$262,000
Net income per common share - basic$0.65$0.34$1.25$0.78

Item 1. Financial Statements

FAQ

What is Old National Bancorp's income tax?
Old National Bancorp (ONB) reported income tax of $70.77M in Q2 2026.
How has Old National Bancorp's income tax changed year-over-year?
Old National Bancorp's income tax increased by 133.6% year-over-year, from $30.3M to $70.77M.
What is the long-term trend for Old National Bancorp's income tax?
Over 4 years (2021 to 2025), Old National Bancorp's income tax has grown at a 29.4% compound annual growth rate (CAGR), from $61.32M to $172.14M.
What does income tax mean?
Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

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