Old National Bancorp

Excluding these items and realized debt securities losses from the current quarter, adjusted net income 1 was $231.3 million, or $0.59 per diluted common share.

SEC original ↗Old National Bancorp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Excluding the pension plan gain in the second quarter of 2025 and realized debt securities losses, noninterest income was up 16.9% driven by the full quarter impact of Bremer, organic growth and record capital markets revenue.

SEC original ↗Old National Bancorp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

The Company repurchased 1.1 million shares of common stock during the quarter.

SEC original ↗Old National Bancorp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

These items include merger-related charges associated with completed and pending acquisitions, CECL Day 1 non-PCD provision expense, a pension plan gain, debt securities gains losses, separation expense, distribution of excess pension assets expense, and FDIC special assessment expense.

SEC original ↗Old National Bancorp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

The Company presents adjusted noninterest expense, which excludes merger-related charges associated with completed and pending acquisitions, separation expense, distribution of excess pension assets expense, and FDIC special assessment expense, as well as adjusted noninterest income, which excludes a pension plan gain and debt securities gains losses.

SEC original ↗Old National Bancorp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

2 Cash dividends per common share divided by net income per common share (basic).

SEC original ↗Old National Bancorp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

CEO COMMENTARY Old National's outstanding quarterly results reflect our continued focus on the fundamentals and the benefits from our recent partnership with Bremer Bank, said Chairman and CEO Jim Ryan.

SEC original ↗Old National Bancorp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve.

SEC original ↗Old National Bancorp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

These investments consisted of $ 645.5 million of illiquid investments in partnerships, limited liability companies, and other ownership interests that support affordable housing and $ 428.9 million of economic development and community revitalization initiatives in low-to-moderate income neighborhoods at June 30, 2026, compared to $ 606.5 million and $ 410.0 million for the same investment types, respectively, at December 31, 2025.

SEC original ↗Old National Bancorp — 10-Q Quarterly report10-QJul 29, 2026

The loan participations convey proportionate ownership rights with equal priority to each participating interest holder; involve no recourse (other than ordinary representations and warranties) to, or subordination by, any participating interest holder; all cash flows are divided among the participating interest 16 holders in proportion to each holder s share of ownership; and no holder has the right to pledge the entire financial asset unless all participating interest holders agree.

SEC original ↗Old National Bancorp — 10-Q Quarterly report10-QJul 29, 2026

These forward-looking statements express management s current expectations or forecasts of future events and, by their nature, are subject to risks and uncertainties.

SEC original ↗Old National Bancorp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

The ASU introduces clarifications to Topic 815 building on improvements from ASU 2017 12, and addresses challenges arising from the global reference rate reform (i.

SEC original ↗Old National Bancorp — 10-Q Quarterly report10-QJul 29, 2026