Peer Analysis

Performance Ratios (%) ONB Peer Median Peer Average
ROAA 0.68 1.11 1.11
ROAE 5.41 8.28 9.28
Net Interest Margin 3.50 3.57 3.55
Efficiency Ratio 63.06 57.86 57.83
Loans / Deposits 89.67 92.80 90.26
Asset Quality Ratios (%)
NPAs / Assets 0.91 0.54 0.63
NCOs / Avg Loans 0.01 0.11 0.14
Reserves / Loans 0.47 0.91 0.86
Reserves / NPAs 33.55 106.27 113.83
Capital Ratios (%)
Tier 1 Capital 10.85 12.04 12.34
Tangible Equity / Tangible Assets 7.98 9.14 9.10
Total Equity / Total Assets 12.58 11.71 12.43
Market Ratios
Price / Earnings (x) 24.67 16.27 17.54
Price / Book (%) 129.83 133.77 148.01
Dividend Yield (%) 2.77 2.55 2.67
Data for trailing four quarters

Old National Bancorp's peer group consists of the following: Associated Banc-Corp (ASB), BancFirst Corporation (BANF), Bank of Hawaii Corporation (BOH), Chemical Financial Corporation (CHFC), Commerce Bancshares, Inc. (CBSH), Cullen/Frost Bankers, Inc. (CFR), F.N.B. Corporation (FNB), First Commonwealth Financial Corporation (FCF), First Financial Bancorp. (FFBC), First Merchants Corporation (FRME), First Midwest Bancorp, Inc. (FMBI), FirstMerit Corporation (FMER), Flagstar Bancorp, Inc. (FBC), Fulton Financial Corporation (FULT), Home BancShares, Inc. (HOMB), IBERIABANK Corporation (IBKC), MB Financial, Inc. (MBFI), Park National Corporation (PRK), PrivateBancorp, Inc., Prosperity Bancshares, Inc. (PB), Renasant Corporation (RNST), South State Corporation (SSB), Talmer Bancorp, Inc. (TLMR), TCF Financial Corporation (TCF), TFS Financial Corporation (MHC) (TFSL), Trustmark Corporation (TRMK), UMB Financial Corporation (UMBF), United Bankshares, Inc. (UBSI), Valley National Bancorp (VLY), WesBanco, Inc. (WSBC), Wintrust Financial Corporation (WTFC)

Old National Bancorp's financial data is as of 6/30/2018.

Peer financial data is as of 6/30/2018 except for these companies:

Associated Banc-Corp's financial data is as of 9/30/2018.
Commerce Bancshares, Inc.'s financial data is as of 9/30/2018.
FirstMerit Corporation's financial data is as of 6/30/2016.
First Financial Bancorp.'s financial data is as of 9/30/2018.
Fulton Financial Corporation's financial data is as of 9/30/2018.
BancFirst Corporation's financial data is as of 9/30/2018.
Home BancShares, Inc.'s financial data is as of 9/30/2018.
PrivateBancorp, Inc.'s financial data is as of 3/31/2017.
Wintrust Financial Corporation's financial data is as of 9/30/2018.
IBERIABANK Corporation's financial data is as of 9/30/2018.
Talmer Bancorp, Inc.'s financial data is as of 6/30/2016.