Old National Bancorp (ONB) Income Statement
ONB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsONB revenue and net income
Where ONB's revenue goes
2025Each bar shows an amount and its share of revenue. ONB kept 18.0% of revenue as net income.
ONB profit margins
ONB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +25.5% | +26.0% | +32.7% | +19.7% |
| Gross profit | +32.9% | +14.2% | +24.4% | +15.0% |
| Operating income | +28.5% | +17.1% | +27.9% | +18.3% |
| Net income | +24.1% | +16.0% | +24.2% | +19.1% |
| EPS (diluted) | +17.7% | +4.3% | +7.9% | +8.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ONB quarterly EPS vs estimates
Old National Bancorp beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 21, 2026 (estimate $0.66).
ONB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.71B | $2.96B | $2.54B | $1.85B | $852.9M | $902.6M | $929.7M | $813.4M | $672.1M | $650.5M |
| Cost of revenue | $1.35B | $1.18B | $762.6M | $271.1M | $12.6M | $110.1M | $130.9M | $101.4M | $61.2M | $45.4M |
| Gross profit | $2.36B | $1.77B | $1.78B | $1.58B | $840.2M | $792.5M | $798.8M | $712.0M | $610.9M | $605.1M |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $1.10B | $693.4M | $642.6M | $627.2M | $302.8M | $320.9M | $359.7M | $354.8M | $311.0M | $321.0M |
| Total operating expenses | $1.49B | $1.09B | $1.03B | $1.04B | $501.4M | $536.9M | $508.5M | $503.3M | $442.2M | $404.7M |
| Operating income | $874.1M | $680.4M | $751.3M | $544.7M | $338.9M | $255.6M | $290.4M | $208.7M | $168.7M | $200.4M |
| Interest income | $3.27B | $2.60B | $2.07B | $1.45B | $638.6M | $663.3M | $730.4M | $632.0M | $495.3M | $447.1M |
| Interest expense | $1.21B | $1.07B | $703.7M | $126.3M | $42.2M | $67.2M | $126.1M | $94.4M | $58.2M | $44.4M |
| Income before taxes | $841.4M | $680.4M | $751.3M | $544.7M | $338.9M | $255.6M | $290.4M | $208.7M | $168.7M | $200.4M |
| Income taxes | $172.1M | $141.2M | $169.3M | $116.4M | $61.3M | $29.1M | $52.1M | $17.9M | $72.9M | $66.2M |
| Net income | $669.3M | $539.2M | $582.0M | $428.3M | $277.5M | $226.4M | $238.2M | $190.8M | $95.7M | $134.3M |
| EBITDA | $997.7M | $746.1M | $816.6M | $607.0M | $377.5M | $298.6M | $334.0M | $246.9M | $202.7M | $231.0M |
| EPS (diluted) | $2.19 | $1.86 | $2.05 | $1.93 | $1.73 | $1.50 | $1.43 | $1.29 | $1.09 | $1.06 |
| Gross margin | 63.6% | 60.0% | 70.0% | 85.4% | 98.5% | 87.8% | 85.9% | 87.5% | 90.9% | 93.0% |
| Operating margin | 23.6% | 23.0% | 29.6% | 29.4% | 39.7% | 28.3% | 31.2% | 25.7% | 25.1% | 30.8% |
| Net margin | 18.0% | 18.2% | 22.9% | 23.1% | 32.5% | 25.1% | 25.6% | 23.5% | 14.2% | 20.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.00B | $999.7M | $1.01B | $1.02B | $957.5M | $724.2M | $757.8M | $774.1M | $750.9M | $673.5M | $689.8M | $657.5M |
| Cost of revenue | $339.8M | $339.8M | $316.5M | $342.6M | $417.0M | $274.2M | $294.9M | $316.7M | $311.5M | $258.4M | $236.9M | $220.5M |
| Gross profit | $665.0M | $660.0M | $690.6M | $678.3M | $540.5M | $450.0M | $462.9M | $457.4M | $439.5M | $415.1M | $452.9M | $437.0M |
| Sales, general & admin | $260.9M | $284.8M | $354.2M | $445.7M | $114.4M | $169.9M | $171.2M | $170.3M | $180.2M | $171.8M | $180.2M | $150.0M |
| Total operating expenses | $340.8M | $364.7M | $386.3M | $445.7M | $384.8M | $268.5M | $276.8M | $272.3M | $283.0M | $262.3M | $284.2M | $244.8M |
| Operating income | $324.2M | $295.3M | $304.3M | $232.6M | $155.7M | $181.6M | $186.1M | $185.1M | $156.5M | $152.8M | $168.7M | $192.2M |
| Interest income | $894.4M | $877.4M | $897.3M | $917.2M | $825.0M | $630.4M | $662.1M | $679.9M | $663.7M | $596.0M | $589.8M | $576.5M |
| Interest expense | $315.4M | $304.8M | $316.5M | $342.6M | $310.2M | $242.8M | $267.9M | $288.2M | $275.2M | $239.5M | $225.3M | $201.4M |
| Income before taxes | $324.2M | $295.3M | $271.5M | $232.6M | $155.7M | $181.6M | $186.1M | $185.1M | $156.5M | $152.8M | $168.7M | $192.2M |
| Income taxes | $70.8M | $61.6M | $54.9M | $50.0M | $30.3M | $36.9M | $32.2M | $41.3M | $35.2M | $32.5M | $36.2M | $44.3M |
| Net income | $253.4M | $233.7M | $216.6M | $182.6M | $125.4M | $144.7M | $153.9M | $143.8M | $121.2M | $120.3M | $132.5M | $147.9M |
| EBITDA | $360.6M | $333.1M | $343.1M | $270.5M | $186.1M | $197.9M | $203.0M | $202.0M | $173.2M | $167.9M | $185.3M | $208.0M |
| EPS (diluted) | $0.65 | $0.61 | $0.62 | $0.59 | $0.53 | $0.45 | $0.49 | $0.46 | $0.46 | $0.45 | $0.46 | $0.51 |
| Gross margin | 66.2% | 66.0% | 68.6% | 66.4% | 56.4% | 62.1% | 61.1% | 59.1% | 58.5% | 61.6% | 65.7% | 66.5% |
| Operating margin | 32.3% | 29.5% | 30.2% | 22.8% | 16.3% | 25.1% | 24.6% | 23.9% | 20.8% | 22.7% | 24.5% | 29.2% |
| Net margin | 25.2% | 23.4% | 21.5% | 17.9% | 13.1% | 20.0% | 20.3% | 18.6% | 16.1% | 17.9% | 19.2% | 22.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ONB's financial statements (latest annual report filed February 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ONB financial results
In fiscal year 2025 (ended December 31, 2025), Old National Bancorp reported revenue of $3.7 billion, up 25.5% from the year before. It had net income of $669.3 million (up 24.1%), a net profit margin of 18.0%. Diluted earnings per share came to $2.19. Over five years revenue grew at an average rate of 32.7% a year.
See the ONB stock overview for the latest quote and news, or the ONB chart for price history and technical indicators.
ONB income statement FAQ
What is Old National Bancorp's annual revenue?
Old National Bancorp reported total revenue of $3.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 25.5% from $3.0 billion the previous year.
Is Old National Bancorp profitable?
Yes. Old National Bancorp reported net income of $669.3 million in fiscal 2025, a net profit margin of 18.0%; its operating margin was 23.6%.
What is Old National Bancorp's gross margin?
Old National Bancorp's gross margin was 63.6% in fiscal 2025: for every $100 of revenue, Old National Bancorp kept $64 after the direct cost of its products and services.
How fast is Old National Bancorp growing?
Revenue grew 32.7% a year on average over the last five fiscal years, from $902.6 million to $3.7 billion.
What are Old National Bancorp's earnings per share?
Old National Bancorp earned $2.19 per diluted share in fiscal 2025, compared with $1.86 a year earlier.
When will Old National Bancorp report its next earnings?
Old National Bancorp is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 before the market opens.
When does Old National Bancorp's fiscal year end?
Old National Bancorp's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 19, 2026.