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Old National Bancorp ONB Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

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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$10.2B+25.7%
Enterprise value$8.67B+32.0%
P/E11.5×-2.8×
P/S3.6×-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:BankOwnedLifeInsuranceIncome.

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
Debit card and ATM fees13,09212,92225,13022,913
Mortgage banking revenue11,16310,03220,71716,911
Capital markets income12,3297,11423,34511,620
Company-owned life insurance8,5316,62516,09212,006
Debt securities gains (losses), net(34)(41)41(117)
Other income38,37636,17053,82652,479
Total noninterest income153,564132,517275,910226,311
Noninterest Expense

Item 1. Financial Statements

FAQ

What is Old National Bancorp's bank owned life insurance income?
Old National Bancorp (ONB) reported bank owned life insurance income of $8.53M in Q2 2026.
How has Old National Bancorp's bank owned life insurance income changed year-over-year?
Old National Bancorp's bank owned life insurance income increased by 28.8% year-over-year, from $6.63M to $8.53M.
What is the long-term trend for Old National Bancorp's bank owned life insurance income?
Over 4 years (2021 to 2025), Old National Bancorp's bank owned life insurance income has grown at a 26.0% compound annual growth rate (CAGR), from $10.59M to $26.67M.
What does bank owned life insurance income mean?
This is the income earned on life insurance policies purchased by the bank on the lives of its employees or executives. The bank is the beneficiary, and the cash value growth provides a tax-advantaged source of noninterest income.

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