Filing Flows › Old National Bancorp (ONB) › Q2 2026
Old National Bancorp (ONB) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Old National Bancorp (ONB) reported revenue of $733M for the second quarter 2026 (Q2 2026), +13% from a year earlier and +5% from the quarter before. Operating margin was 44.3%, net earnings $253M (34.6% of revenue).
Old National Bancorp, Q2 2026: revenue $733M (+13% year over year), operating margin 44.3%, net earnings $253M, operating cash flow $280M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $733M | +5% | +13% |
| Operating profit | $324M | +10% | +108% |
| Net earnings | $253M | +8% | +102% |
| Operating cash flow | $280M | +36% | +284% |
| Free cash flow | $276M | +43% | +330% |
What changed
Revenue was $732.6M in Q2 2026, up 13% year over year and up 5% from the previous quarter. Net interest income was the largest line at 79% of revenue. Net interest income added $64.2M year over year (up 12%), 75% of the total change.
Operating profit was $324.2M, a 44.3% margin (up 20.2 points year over year). Of the extra revenue versus a year earlier, 198% reached operating profit, above the 24% margin then. Total costs fell 17% while revenue rose 13%. Net earnings were $253.4M, up 102% year over year. The effective tax rate was 21.8%.
Operating cash flow was $280.2M (up 284% year over year), 111% of net earnings. Non-cash charges added back $36.4M of depreciation and amortization and $9.4M of share-based compensation. Working capital and other items used $19.0M. Capital expenditures of $4.4M left free cash flow of $275.9M.
Questions
What was Old National Bancorp's revenue in the second quarter 2026?
Old National Bancorp (ONB) reported revenue of $733M for the second quarter 2026 (Q2 2026), +13% from a year earlier and +5% from the quarter before.
Was Old National Bancorp profitable in the second quarter 2026?
Operating profit was $324M (44.3% of revenue) and net earnings $253M.