Old National Bancorp reported record second quarter 2026 net income of $249.4 million, or $0.65 per diluted share. The Indiana-based bank, ranking among the top 25 US banking companies, saw period-end deposits rise 3.4% annualised to $56.1 billion, whilst total loans grew 8.3% annualised to $50.8 billion. The company announced significant leadership changes, establishing an Operating Group comprising eight senior executives and adding four new members to its Executive Leadership Team. Net interest income reached $586.5 million, with the net interest margin declining one basis point to 3.54%. Old National repurchased $107 million of common stock during the quarter. The bank's efficiency ratio improved to a record 47.0%, demonstrating disciplined expense management.

Old National Bank has appointed Shane Print as president of Commercial & Industrial Banking, where he will lead the bank's C&I business and drive growth. Print brings nearly 25 years of financial services experience, most recently serving as senior vice president and commercial banking market executive for a major US bank in Chicago. Print will oversee C&I, Agribusiness and SBA lending operations, reporting to Commercial Banking President Chris Doyle. He will be based in Old National's Chicago Triangle location. He replaces Kevin Anderson, who is retiring at year-end after 43 years in banking. Old National, with approximately $73 billion in assets, ranks as the fifth-largest commercial bank headquartered in the Midwest and among the top 25 banking companies in the United States.

Old National Bancorp missed Wall Street's revenue expectations in Q1 CY2026, reporting $702.8 million versus analyst estimates of $708.4 million, despite sales rising 45.8% year on year. The Midwestern regional bank's non-GAAP profit of $0.61 per share met consensus estimates. Net interest income reached $572.6 million, missing estimates of $587.6 million, whilst net interest margin came in at 3.5% versus the expected 3.6%. The efficiency ratio was 48.3%, slightly above the anticipated 47.3%. Tangible book value per share of $13.93 also fell short of the $14.19 estimate. Chairman and CEO Jim Ryan stated the results reflect "disciplined execution and a strong start to the year". The company has demonstrated strong long-term growth, with revenue expanding at a 26.7% compound annual rate over five years.