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Old National Bancorp ONB Sales of notes receivable originally classified as held for investment

Sales of notes receivable originally classified as held for investment at other companies

Fifth Third Bank logo
Fifth Third BankFITB
$90M+13.9%
Huntington Bancshares logo
Huntington BancsharesHBAN
$133M+171%
Regions Financial logo
Regions FinancialRF
$38M+90.0%
PNC Financial Services logo
PNC Financial ServicesPNC
$177M+23.8%
KeyCorp logo
KeyCorpKEY
$35M-2.8%

Other financials

Income statement

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Revenue$694.9M+44.3%
Net income$233.7M+61.5%
EPS (diluted)$0.59+34.1%

Balance sheet

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Cash & equivalents$1.8B+41.5%
Total debt$243.3M+11.6%
Total equity$8.5B+30.2%
Total assets$73.0B+35.5%

Cash flow

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Operating cash flow$206.1M+90.5%
CapEx$12.9M+122%
Free cash flow$193.3M+88.7%

Valuation

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Market cap$9.58B+27.4%
Enterprise value$8.07B+23.8%
P/E12.6×-0.7×
P/S3.5×-0.4×

Profitability

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Net margin27.7%-1.5pp
FCF margin26.6%-4.4pp

Returns & leverage

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Return on equity10.1%+0.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Old National Bancorp in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfLoansHeldForInvestment.

The official record: Old National Bancorp’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Old National Bancorp's sales of notes receivable originally classified as held for investment?
Old National Bancorp (ONB) reported sales of notes receivable originally classified as held for investment of $10.57M in Q1 2026.
How has Old National Bancorp's sales of notes receivable originally classified as held for investment changed year-over-year?
Old National Bancorp's sales of notes receivable originally classified as held for investment decreased by 87.8% year-over-year, from $86.58M to $10.57M.
What does sales of notes receivable originally classified as held for investment mean?
Cash received from selling loans that were originally meant to be kept in the portfolio.
How do you interpret sales of notes receivable originally classified as held for investment?
Higher proceeds indicate a strategic decision to offload credit risk or generate liquidity, while lower proceeds suggest a focus on portfolio retention.
How does sales of notes receivable originally classified as held for investment compare across companies?
Common practice for banks managing balance sheet concentration and liquidity.