Short answer
OLD NATIONAL BANCORP /IN/ (ONB) filed its Q3 2025 10-Q quarterly report on Oct 29, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $917M (up 34.9% year over year) with net income of $183M.
Q3 2025 key financials · XBRL
- Revenue
- $917M
- +34.9% YoY · +11.2% QoQ
- Net income
- $183M
- +27.0% YoY · +45.6% QoQ
- EPS (diluted)
- $0.46
- +4.5% YoY · +39.4% QoQ
Source: XBRL data from the OLD NATIONAL BANCORP /IN/ (ONB) Q3 2025 10-Q on SEC EDGAR. USD.
OLD NATIONAL BANCORP /IN/ Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue (net interest income) $574.6M Q3 2025, up from $391.7M Q3 2024, +46.8% YoY, driven by Bremer acquisition and loan growth
- Operating margin (net interest margin) 3.59% Q3 2025 vs 3.27% Q3 2024; 3.45% YTD 2025 vs 3.26% YTD 2024
- Best performing segment: Commercial loans grew $4.22B (41.0%) to $14.51B; worst: Noninterest expense surged 63.7% to $445.7M Q3 2025 vs $272.3M
- Cash/assets increased $17.7B to $71.2B Sept 2025 vs Dec 2024, driven by Bremer acquisition; noninterest-bearing deposits up $3.4B Q3 YoY
- Management cites near-term headwinds including provision for credit losses up 97.3% YTD mainly from credit migration and Bremer loan allowances
Risk Factors
- New risk: Acquisition-related integration risk from Bremer acquisition completed May 1, 2025, with $1.3B consideration and system conversion in October 2025
- Materially updated risk: Credit risk provision nearly doubled YoY ($165M YTD 2025 vs $84M YTD 2024) due to acquired non-PCD loans impacting allowance for credit losses
- Regulatory/compliance risk: Potential impact of Federal Reserve interest rate cuts (4.00%-4.25% range at Sept 30, 2025 vs 4.83% prior year) on net interest margin and earnings
- Operational risk: Increased noninterest expense by 64% QoQ to $446M due to $69.3M merger-related expenses and full quarter impact of Bremer acquisition
- Financial risk: Deposit growth rapid at 35% YoY to $55.0B, requiring strong liquidity management amid loan increases to $48.0B and borrowed funds rising to $6.8B
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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