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Old National Bancorp ONB Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

Huntington Bancshares logo
Huntington BancsharesHBAN
$3.67B+31.2%
Wintrust Financial logo
Wintrust FinancialWTFC
$223.7M+1.9%
Valley National Bank logo
Valley National BankVLY
$740.41M+1.0%
SouthState logo
SouthStateSSB
$1.3B+2.3%
BOK Financial logo
BOK FinancialBOKF
$424.49M+1.3%
Columbia Banking Systems logo
Columbia Banking SystemsCOLB
$1.22B+74.4%

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:BankOwnedLifeInsurance.

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 bank owned life insurance?
Old National Bancorp (ONB) reported bank owned life insurance of $1.05B in Q1 2026.
How has Old National Bancorp's bank owned life insurance changed year-over-year?
Old National Bancorp's bank owned life insurance increased by 22.8% year-over-year, from $859.21M to $1.05B.
What is the long-term trend for Old National Bancorp's bank owned life insurance?
Over 5 years (2020 to 2025), Old National Bancorp's bank owned life insurance has grown at a 18.2% compound annual growth rate (CAGR), from $456.11M to $1.05B.
What does bank owned life insurance mean?
Life insurance policies held by the bank on key employees to help fund benefit obligations.
How do you interpret bank owned life insurance?
An increase represents a strategic allocation of capital into tax-advantaged assets, while a decrease may indicate policy surrenders.
How does bank owned life insurance compare across companies?
Widely used across the banking industry as a standard tool for managing benefit costs.