Old National Bancorp (ONB) reported a fourth-quarter net loss attributable to common shareholders of $9.32 million or $0.11 per common share versus a profit of $6.35 million or $0.10 per share last year. On average, 7 analysts polled by Thomson Reuters expected loss per share of $0.12 for the quarter. Analysts' estimate typically excludes one-time items.
Net loss for the recent quarter was $9.32 million compared with a profit of $6.65 million in the prior year.
On a fully taxable equivalent basis, net interest income decreased to $59.16 million from $68.05 million and total revenue slipped to $95.77 million from $105.63 million a year ago. Four analysts estimated revenues of $93.14 million for the quarter.
For comments and feedback: editorial@rttnews.com