Old National Bancorp Q2 Profit Beats Estimates - Quick Facts

(RTTNews) - Old National Bancorp (ONB) reported second quarter net income available to common shareholders of $117.2 million compared to $151.0 million, last year. Earnings per share was $0.37 compared to $0.52. Excluding transactions and realized debt securities gains from the current quarter, adjusted net income per share was $0.46 compared to $0.54. On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.44, for the quarter. Analysts' estimates typically exclude special items.

Net interest income increased to $388.42 million from $382.17 million, last year. Noninterest income was $87.27 million compared to $81.63 million. Analysts on average had estimated $473.79 million in revenue.

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