Old National Bank (ONB) is a public company. Old National is the sixth largest commercial bank headquartered in the Midwest and a top 25 U.S. bank (pro-forma results as of June 30, 2026).

As a regional bank with $74 billion in assets, we have the heart, culture and DNA of a smaller community bank, we are proud to have strong relationships with our clients and communities and an inclusive work environment that empowers our team members to deliver their best. Founded in 1834. It has 5,424 employees. Annual revenue is $2.8B. IPO 1984.

Transcript

Operator

Welcome to the Old National Bank second quarter earnings conference call. This call is being recorded and has been made accessible to the public in accordance with the SEC's Regulation FD. The audio webcast and corresponding presentation slides can be found on the investor relations page at oldnational.com and will be archived there for 12 months. Management would like to remind everyone that certain statements on today's call may be forward-looking in nature and are subject to certain risks, uncertainties and other factors that could cause actual results or outcomes to differ from those discussed. The company refers you to its forward-looking statement legend in the earnings release and presentation slides. The company's risk factors are fully disclosed and discussed within its SEC filings. In addition, certain slides contain non-GAAP measures which management believes provide more appropriate comparisons. These non-GAAP measures are intended to assist investors' understanding of performance trends. Reconciliations for these numbers are contained within the appendix of the presentation. I'd now like to turn the call over to Old National's Chairman and CEO, Jim Ryan, for opening remarks. Mr. Ryan?

Jim Ryan — Chairman and CEO

Good morning. Earlier today, Old National reported record second quarter results for 2026. In short, this was an exceptional quarter for Old National. We achieved record adjusted EPS along with record net income and a record efficiency ratio. We also generated approximately a 20% adjusted return on average tangible common equity, an adjusted ROA of 1.39%, and continue to produce strong, profitable growth across our company. These results show what happens when we stay focused on the fundamentals, growing high-quality relationships, maintaining disciplined credit and expense management, investing in talent and technology,