filecrux
Oct 21, 11:25 AM
$ONB Old National Bancorp, a ~
$74B-asset Midwest bank: tangible book value fell to
$13.77/share at Sept 30 from
$14.32 at June 30, as a
$391M rate hit to other comprehensive income cut tangible common equity to 7.28% of tangible assets from 7.68%. That
$391M is about 4% of its ~
$9.79B market value at
$25.34 (16:00 ET, Oct 20, 2026). The mark runs through equity, not earnings: CET1 held at 11.11% and Q3 net income to common was a record
$250.0M (
$0.66/diluted share). Results out 7:00 ET; outlook slides at today's 9:00 a.m. CT call (Oct 21).
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