Old National Bancorp (ONB) shares soared 5.71% in pre-market trading on Wednesday following the release of its impressive third-quarter 2025 financial results. The regional bank significantly outperformed analyst expectations, demonstrating robust growth and improved profitability.

The company reported adjusted earnings per share (EPS) of $0.59, surpassing the analyst consensus estimate of $0.56 and marking a substantial 28.26% increase from $0.46 in the same quarter last year. Revenue for the quarter reached $705.07 million, beating the expected $696.71 million and representing a remarkable 45.12% year-over-year growth.

Old National's strong performance was largely attributed to its partnership with Bremer Bank, which significantly boosted net interest income to $574.609 million. The bank also reported solid growth in core deposits, up 5.8% annualized, indicating strong liquidity. Despite setting aside $26.738 million for credit loss provisions, the overall financial health of the bank appears robust, with improved capital ratios and continued share repurchases. The positive results and the bank's ability to navigate challenges in the regional banking sector have likely fueled investor confidence, leading to the significant pre-market stock price surge.