BUZZ-Old National Bancorp shares surge to over 16-year high on Q4 results

Reuters

21 Jan

BUZZ-<a href="https://laohu8.com/S/ONB">Old National Bancorp</a> shares surge to over 16-year high on Q4 results

** Shares of Old National Bancorp ONB.O up 3.53% at $23.74, hitting their highest level in over 16 years

** Company posts Q4 net interest income of $394.2 mln vs $364.4 mln in the quarter a year ago

** ONB's Q4 provision for credit losses increased to $27 mln from $11.6 mln a year ago

** Company reported Q4 adj. EPS of $0.49 vs $0.46 in the quarter a year ago

** "Fourth qtr was driven by continued growth in our peer-leading deposit franchise, disciplined expense and credit management, and solid net interest income and margin performance" - Old National Bancorp Chairman and CEO Jim Ryan

** ONB gained ~28.5% in 2024

(Reporting by Megha Kumari in Bengaluru)

((Megha.kumari@thomsonreuters.com))

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EPS of $0.49 vs $0.46 in the quarter a year ago** \"Fourth qtr was driven by continued growth in our peer-leading deposit franchise, disciplined expense and credit management, and solid net interest income and margin performance\" - Old National Bancorp Chairman and CEO Jim Ryan** ONB gained ~28.5% in 2024  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ONB":"Old National Bancorp","BK4211":"区域性银行"},"translate_title":"因第四季度业绩而备受关注的国家银行股价飙升至16年来新高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ONB":0.9},"content_text":"BUZZ-Old National Bancorp shares surge to over 16-year high on Q4 results** Shares of Old National Bancorp ONB.O up 3.53% at $23.74, hitting their highest level in over 16 years** Company posts Q4 net interest income of $394.2 mln vs $364.4 mln in the quarter a year ago** ONB's Q4 provision for credit losses increased to $27 mln from $11.6 mln a year ago** Company reported Q4 adj. EPS of $0.49 vs $0.46 in the quarter a year ago** \"Fourth qtr was driven by continued growth in our peer-leading deposit franchise, disciplined expense and credit management, and solid net interest income and margin performance\" - Old National Bancorp Chairman and CEO Jim Ryan** ONB gained ~28.5% in 2024 (Reporting by Megha Kumari in Bengaluru) ((Megha.kumari@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}