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ONB Earnings Exceed Expectations

John Gibson
/
WNIN News
Old National Bank headquarters

The Evansville-based banking company reported net income of nearly $154 million

Old National Bancorp is reporting fourth-quarter net income of nearly 154-million dollars. WNIN’s John Gibson has more:

The Evansville-based bank said it had earnings of 47 cents per share.

Earnings, adjusted for one-time gains and costs, came to 49 cents a share.

The results surpassed Wall Street expectations.

The holding company for Old National posted revenue of $757.8 million during the period.

For the year, ONB reported a profit of $539.2 million, or $1.68 per share.

Revenue was reported at $1.91 billion.