Old National Bancorp reported record third-quarter 2026 net income of $250.0 million, or $0.66 per diluted share, with adjusted net income of $249.7 million. Period-end deposits reached $57.6 billion, up 10.6% annualized, and loans totaled $51.2 billion, up 2.9% annualized, driven mainly by high-quality commercial lending. Net interest income rose to $592.0 million, but net interest margin fell 2 bps to 3.52% as deposit costs increased. Credit quality was stable, with net charge-offs of $34.1 million, while the efficiency ratio hit a record 46.1%. The bank held CET1 at 11.11% and returned $155 million to shareholders.
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