Old National’s 2016 net income is highest in the Company’s history, increasing 15% over 2015, with organic loan growth over 7%

Posted: Jan 27, 2017

Today Old National Bancorp (the “Company” or “Old National”) (NASDAQ: ONB) reported full-year 2016 net income of $134.3 million, or $1.05 per diluted share. This net income represents an increase of 15.0% over full-year 2015 net income of $116.7 million, or $1.00 per diluted share, and represents the highest yearly earnings in the Company’s history. The successful conversion and integration of the Company’s largest partnership, strong loan growth and consistently low credit metrics all contributed to this positive year-over-year performance.

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ONB 4Q16 Earnings Release