EVANSVILLE, Ind. (AP) — EVANSVILLE, Ind. (AP) — Old National Bancorp (ONB) on Tuesday reported third-quarter profit of $147.9 million.
The Evansville, Indiana-based bank said it had earnings of 49 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 51 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.
The holding company for Old National Bank posted revenue of $657.5 million in the period. Its revenue net of interest expense was $461.9 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $451.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ONB at https://www.zacks.com/ap/ONB