Old National Bancorp-IN (ONB) Financials

Old National Bancorp-IN (ONB) is a financial holding company that operates through its subsidiary, Old National Bank. The company provides a wide range of banking and financial services to individuals and businesses across Indiana and several other states. ONB's financials reflect its performance and position in the industry.

The company's income statement is a summary of its revenues, expenses, and net income. It provides a snapshot of ONB's financial performance over a specific period. ONB's gross profit represents its revenue minus its cost of goods sold. It indicates the profitability of ONB's core banking operations. The net income from stockholders reflects the profit available to the company's shareholders. It is calculated by subtracting taxes and other expenses from ONB's pre-tax income.

ONB's total revenue represents the sum of its interest income, non-interest income, and securities gains. It provides a measure of ONB's overall financial health and growth. The balance sheet presents ONB's financial position at a specific point in time. It includes the company's assets, liabilities, and shareholders' equity. ONB's total assets represent the value of all the resources it owns. They include cash, loans, investments, and other tangible and intangible assets.

ONB's total liabilities represent its debts and other obligations. They include deposits, borrowings, and other liabilities. Stockholders' equity represents the value of ONB that belongs to its shareholders. It is calculated by subtracting total liabilities from total assets. Cash equivalents are highly liquid assets that can be readily converted into cash. They provide ONB with the flexibility needed to meet its short-term obligations. Net debt represents the difference between ONB's total debt and its cash and cash equivalents.

The cash flow statement provides insights into ONB's operating, investing, and financing activities. Operating cash flow represents the cash generated from ONB's core business operations. It includes cash receipts from interest and non-interest sources and payments for operating expenses. Investing cash flow represents the cash used in or generated from investing activities, such as buying or selling assets. Financing cash flow represents the cash used in or generated from financing activities, such as issuing or repurchasing stocks or repaying debts.

Free cash flow represents the cash left after ONB has met all its capital expenditures and operating expenses. It indicates ONB's ability to generate cash from its normal business operations. ONB's EBIT (earnings before interest and taxes) and EBITDA (earnings before interest, taxes, depreciation, and amortization) are commonly used as measures of profitability. They provide a clearer picture of ONB's operating performance by excluding non-operating expenses and depreciation.

In conclusion, ONB's financials are a crucial tool for assessing its performance, financial health, and position in the banking industry. They provide valuable insights into ONB's profitability, liquidity, and overall financial stability.