Old National Bancorp

Old National Bancorp announced that its Board of Directors declared a quarterly cash dividend of $0.145 per share on its common stock, payable on September 15, 2026, to shareholders of record as of September 5, 2026. The Board also declared a quarterly cash dividend of $17.50 per share, equivalent to $0.4375 per depositary share, on its 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A and Series C, payable on November 20, 2026, to shareholders of record as of November 5, 2026. Old National Bancorp is the holding company of Old National Bank, the sixth largest commercial bank headquartered in the Midwest, with approximately $74 billion of assets and $41 billion of assets under management.

Old National Bancorp reported stronger-than-expected second-quarter 2026 results, sending shares up 3.17% in premarket trading. The bank posted adjusted earnings per share of $0.65, beating the analyst consensus of $0.63, while revenue on a fully taxable equivalent basis reached $740.06 million, above the $716.25 million forecast. Net income attributable to common shareholders hit a record $249.4 million, supported by a 13% year-over-year revenue increase and a $13.2 million pretax gain from the Bremer pension plan settlement. Period-end loans grew 8.3% annualized to $50.8 billion, and total deposits rose to $56.1 billion with a slight decline in deposit costs. The bank also returned capital to shareholders through $107 million in stock repurchases and $56 million in dividends, while its adjusted efficiency ratio improved to a record 45.2%.