ONB

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Exhibit 99.1

Old National Bancorp Reports Second Quarter 2025 Results

and Names New President and COO

Evansville, Ind. (July 22, 2025)

Old National Bancorp (NASDAQ: ONB) reports 2Q25 net income applicable to common shares of $121.4 million, diluted EPS of $0.34; $190.9 million and $0.53 on an adjusted1 basis, respectively.

CEO COMMENTARY:

"Old National’s impressive second quarter results were achieved through a strong focus on the fundamentals: Growing our balance sheet, expanding our fee-based businesses, and controlling expenses," said Chairman and CEO Jim Ryan. "Additionally, with the successful closing of our partnership with Bremer on May 1, 2025, Old National is well-positioned for the remainder of the year, benefiting from a larger balance sheet and a stronger capital position."

"We are thrilled to welcome Tim Burke as Old National's President and Chief Operating Officer," said Chairman and CEO Jim Ryan. "Tim brings nearly 30 years of extensive banking expertise to this critical role. I am confident that his infectious energy, strong strategic vision, and collaborative leadership approach will ensure that Old National continues to exceed client expectations for years to come, while also working to strengthen the communities we serve."

SECOND QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $121.4 million; adjusted net income applicable to common shares1 of $190.9 million

•Earnings per diluted common share ("EPS") of $0.34; adjusted EPS1 of $0.53

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $521.9 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.53%, up 26 basis points ("bps")

Operating Performance •Pre-provision net revenue1 ("PPNR") of $269.6 million; adjusted PPNR1 of $289.9 million

•Noninterest expense of $384.8 million; adjusted noninterest expense1 of $343.6 million

•Efficiency ratio1 of 55.8%; adjusted efficiency ratio1 of 50.2%

Deposits and Funding •Period-end total deposits of $54.4 billion, up $13.3 billion; core deposits up $11.6 billion

◦Period-end core deposits up 0.8% annualized excluding deposits assumed from Bremer Financial Corporation ("Bremer")

•Granular low-cost deposit franchise; total deposit costs of 193 bps, up 2 bps

Loans and Credit Quality •End-of-period total loans3 of $48.0 billion, up $11.5 billion

◦End-of-period loans3 up 3.7% annualized excluding loans acquired from Bremer

•Provision for credit losses4 ("provision") of $106.8 million; $31.2 million excluding $75.6 million of current expected credit loss ("CECL") Day 1 non-purchased credit deteriorated ("non-PCD") provision expense5

•Net charge-offs of $26.5 million, or 24 bps of average loans; 21 bps excluding purchased credit deteriorated ("PCD") loans that had an allowance at acquisition

•30+ day delinquencies of 0.30% and nonaccrual loans of 1.24% of total loans

Return Profile & Capital •Return on average tangible common equity1 ("ROATCE") of 12.0%; adjusted ROATCE1 of 18.1%

•Preliminary regulatory Tier 1 common equity to risk-weighted assets of 10.74%, down 88 bps

Notable Items •Closing of Bremer partnership on May 1, 2025

•$75.6 million of pre-tax CECL Day 1 non-PCD provision expense5

•$41.2 million of pre-tax merger-related charges

•$21.0 million of pre-tax pension plan gain6

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held-for-sale 4 Includes the provision for unfunded commitments 5 Refers to the initial increase in allowance for credit losses required on acquired non-PCD loans, including unfunded loan commitments, through the provision for credit losses 6 Includes a gain associated with freezing benefits of the Bremer pension plan

TIM BURKE TO JOIN OLD NATIONAL AS PRESIDENT AND COO

Timothy M. Burke, Jr. will join Old National Bancorp ("Old National") on July 22, 2025 as President and Chief Operating Officer, assuming the role previously held by Mark Sander who announced his retirement earlier this year. Mr. Burke most recently served as Executive Vice President of the Central Region and Field Enablement for the Commercial Bank for a large Midwestern super-regional bank, where he was responsible for the full range of commercial banking in 12 Midwestern markets including those in Illinois, Indiana and Michigan.

Mr. Burke’s nearly 30-year banking career has centered on serving clients and communities in the Midwest. His prior leadership experience includes roles as Northeast Ohio Market President for the same regional institution, where he was responsible for driving collaboration across all business lines including Retail, Business Banking, Commercial, Private Banking and Mortgage.

“I’m truly thr

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Exhibit 99.1

Old National Bancorp Reports First Quarter 2025 Results

Evansville, Ind. (April 22, 2025)

Old National Bancorp (NASDAQ: ONB) reports 1Q25 net income applicable to common shares of $140.6 million, diluted EPS of $0.44; $145.5 million and $0.45 on an adjusted1 basis, respectively.

CEO COMMENTARY:

"Old National reported better-than-expected first-quarter results driven by our peer-leading deposit franchise, solid loan growth and disciplined expense management," said Chairman and CEO Jim Ryan. "These results demonstrate our ability to navigate a challenging and uncertain economic environment, setting us up favorably as we move into the second quarter and, importantly, as we prepare for our partnership with Bremer Bank which we anticipate closing on May 1, 2025."

FIRST QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $140.6 million; adjusted net income applicable to common shares1 of $145.5 million

•Earnings per diluted common share ("EPS") of $0.44; adjusted EPS1 of $0.45

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $393.0 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.27%, down 3 basis points ("bps")

Operating Performance •Pre-provision net revenue1 ("PPNR") of $218.3 million; adjusted PPNR1 of $224.3 million

•Noninterest expense of $268.5 million; adjusted noninterest expense1 of $262.6 million

•Efficiency ratio1 of 53.7%; adjusted efficiency ratio1 of 51.8%

Deposits and Funding •Period-end total deposits of $41.0 billion, up 2.1% annualized; core deposits up 1.7% annualized

•Granular low-cost deposit franchise; total deposit costs of 191 bps, down 17 bps

Loans and Credit Quality •End-of-period total loans3 of $36.5 billion, up 1.5% annualized

•Provision for credit losses4 ("provision") of $31.4 million

•Net charge-offs of $21.6 million, or 24 bps of average loans; 21 bps excluding purchased credit deteriorated ("PCD") loans that had an allowance at acquisition

•30+ day delinquencies of 0.22% and nonaccrual loans of 1.29% of total loans

Return Profile & Capital •Return on average tangible common equity1 ("ROATCE") of 15.0%; adjusted ROATCE1 of 15.5%

•Preliminary regulatory Tier 1 common equity to risk-weighted assets of 11.62%, up 24 bps

Notable Items •$5.9 million of pre-tax merger-related charges

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held-for-sale 4 Includes the provision for unfunded commitments

RESULTS OF OPERATIONS2

Old National Bancorp ("Old National") reported first quarter 2025 net income applicable to common shares of $140.6 million, or $0.44 per diluted common share.

Included in first quarter results were pre-tax charges of $5.9 million for merger-related expenses. Excluding these charges and realized debt securities losses from the current quarter, adjusted net income1 was $145.5 million, or $0.45 per diluted common share.

DEPOSITS AND FUNDING

Growth in core deposits driven by normal seasonal patterns in business checking and public funds, along with growth in community deposits.

•Period-end total deposits were $41.0 billion, up 2.1% annualized; core deposits up 1.7% annualized.

•On average, total deposits for the first quarter were $40.5 billion, down 6.2% annualized.

•Granular low-cost deposit franchise; total deposit costs of 191 bps, down 17 bps.

•A loan to deposit ratio of 89%, combined with existing funding sources, provides strong liquidity.

LOANS

Balanced commercial loan production, growth and pipeline.

•Period-end total loans3 were $36.5 billion, up 1.5% annualized; up 2.3% annualized excluding $71 million of commercial real estate loan sales.

•Total commercial loan production in the first quarter was $1.5 billion; period-end commercial pipeline totaled $3.4 billion.

•Average total loans in the first quarter were $36.3 billion, a decrease of $128.2 million, or down 1.4% annualized.

CREDIT QUALITY

Resilient credit quality continues to be a hallmark of Old National.

•Provision4 expense was $31.4 million compared to $27.0 million.

•Net charge-offs were $21.6 million, or 24 bps of average loans compared to 21 bps.

◦Excluding PCD loans that had an allowance for credit losses established at acquisition, net charge-offs to average loans were 21 bps compared to 17 bps.

•30+ day delinquencies as a percentage of loans were 0.22% compared to 0.27%.

•Nonaccrual loans as a percentage of total loans were 1.29% compared to 1.23%.

•Loans acquired from previous acquisitions were recorded at fair value at the acquisition date. The remaining discount on these acquired loans was $119.2 million.

•The allowance for credit losses, including the allowance for credit los

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Exhibit 99.1

Old National Bancorp Reports Fourth Quarter and

Full-Year 2024 Results

Evansville, Ind. (January 21, 2025)

Old National Bancorp (NASDAQ: ONB) reports 4Q24 net income applicable to common shares of $149.8 million, diluted EPS of $0.47; $156.0 million and $0.49 on an adjusted1 basis, respectively. Full-year net income applicable to common shares of $523.1 million, diluted EPS of $1.68; $578.1 million and $1.86 on an adjusted1 basis, respectively.

CEO COMMENTARY:

"Old National's successful 4th quarter was driven by continued growth in our peer-leading deposit franchise, disciplined expense and credit management, and solid net interest income and margin performance," said Chairman and CEO Jim Ryan. "These excellent results punctuate a strong year of earnings that included nearly 10% growth in total deposits, 10% total loan growth, and 8% growth in tangible book value."

FOURTH QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $149.8 million; adjusted net income applicable to common shares1 of $156.0 million

•Earnings per diluted common share ("EPS") of $0.47; adjusted EPS1 of $0.49

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $400.0 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.30%, down 2 basis points ("bps")

Operating Performance •Pre-provision net revenue1 ("PPNR") of $218.9 million; adjusted PPNR1 of $227.1 million

•Noninterest expense of $276.8 million; adjusted noninterest expense1 of $268.7 million

•Efficiency ratio1 of 54.4%; adjusted efficiency ratio1 of 51.8%

Deposits and Funding •Period-end total deposits of $40.8 billion, consistent with September 30, 2024; core deposits up 1.9% annualized

•Granular low-cost deposit franchise; total deposit costs of 208 bps, down 17 bps

Loans and Credit Quality •End-of-period total loans3 of $36.3 billion, down 1.6% annualized

•Provision for credit losses4 ("provision") of $27.0 million

•Net charge-offs of $18.7 million, or 21 bps of average loans; 17 bps excluding purchased credit deteriorated ("PCD") loans that had an allowance at acquisition

•30+ day delinquencies of 0.27% and nonaccrual loans of 1.23% of total loans

Return Profile & Capital •Return on average tangible common equity1 ("ROATCE") of 16.4%; adjusted ROATCE1 of 17.0%

•Preliminary regulatory Tier 1 common equity to risk-weighted assets of 11.38%, up 38 bps

Notable Items •$8.1 million of pre-tax merger-related charges

•Announced pending partnership with Bremer Financial Corporation ("Bremer")

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held-for-sale 4 Includes the provision for unfunded commitments 5 Expense associated with a mutual separation agreement with a former Old National executive

RESULTS OF OPERATIONS2

Old National Bancorp ("Old National") reported fourth quarter 2024 net income applicable to common shares of $149.8 million, or $0.47 per diluted common share.

Included in fourth quarter results were pre-tax charges of $8.1 million primarily related to the April 1, 2024 partnership with CapStar Financial Holdings, Inc. ("CapStar") and the recently announced partnership with Bremer. Excluding these transactions and realized debt securities losses from the current quarter, adjusted net income1 was $156.0 million, or $0.49 per diluted common share.

DEPOSITS AND FUNDING

Growth in core deposits driven by increases in private banking and community deposits, partly offset by normal seasonal patterns in public funds.

•Period-end total deposits were $40.8 billion, consistent with September 30, 2024; core deposits up 1.9% annualized.

•On average, total deposits for the fourth quarter were $41.1 billion, up 5.3% annualized.

•Granular low-cost deposit franchise; total deposit costs of 208 bps, down 17 bps.

•A loan to deposit ratio of 89%, combined with existing funding sources, provides strong liquidity.

LOANS

Strong commercial loan production offset by approximately $600 million of outsized payoff activity and lower line utilization.

•Period-end total loans3 were $36.3 billion, down 1.6% annualized.

•Total commercial loan production in the fourth quarter was $1.5 billion; period-end commercial pipeline totaled $2.7 billion.

•Average total loans in the fourth quarter were $36.4 billion, an increase of $111.1 million, or 1.2% annualized.

CREDIT QUALITY

Resilient credit quality continues to be a hallmark of Old National.

•Provision4 expense was $27.0 million compared to $28.5 million.

•Net charge-offs were $18.7 million, or 21 bps of average loans compared to 19 bps.

◦Excluding PCD loans that had an allowance for credit losses established at acquisition, net charge-offs

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Exhibit 99.1

Old National Bancorp Reports Third Quarter 2024 Results

Evansville, Ind. (October 22, 2024)

Old National Bancorp (NASDAQ: ONB) reports 3Q24 net income applicable to common shares of $139.8 million, diluted EPS of $0.44; $147.2 million and $0.46 on an adjusted1 basis, respectively.

CEO COMMENTARY:

"Old National’s strong 3rd quarter was driven by a focus on our fundamentals: continuing to grow deposits and loans, effectively managing both credit and capital, and creating positive operating leverage through disciplined expense management," said Chairman and CEO Jim Ryan. "As a result of our ability to execute on this fundamental strategy, we find ourselves well positioned to continue to invest in new markets while attracting exceptional talent to our franchise."

THIRD QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $139.8 million; adjusted net income applicable to common shares1 of $147.2 million

•Earnings per diluted common share ("EPS") of $0.44; adjusted EPS1 of $0.46

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $397.9 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.32%, down 1 basis point ("bp")

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $219.7 million; adjusted PPNR1 of $229.3 million

•Noninterest expense of $272.3 million; adjusted noninterest expense1 of $262.8 million

•Efficiency ratio1 of 53.8%; adjusted efficiency ratio1 of 51.2%

Deposits and Funding •Period-end total deposits of $40.8 billion, up $0.8 billion; core deposits up $1.0 billion

•Granular low-cost deposit franchise; total deposit costs of 225 bps

Loans and Credit Quality •End-of-period total loans3 of $36.5 billion, up 2.7% annualized

•Provision for credit losses4 ("provision") of $28.5 million

•Net charge-offs of $17.5 million, or 19 bps of average loans; 16 bps excluding purchased credit deteriorated ("PCD") loans that had an allowance at acquisition

•30+ day delinquencies of 0.26% and non-performing loans of 1.22% of total loans

Return Profile & Capital •Return on average tangible common equity1 of 16.0%; adjusted return on average tangible common equity1 of 16.8%

•Tangible common equity to tangible assets1 of 7.4%, up 7.2%

Notable Items •$6.9 million of pre-tax merger-related charges

•$2.6 million of pre-tax separation expense5

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held-for-sale 4 Includes the provision for unfunded commitments 5 Expense associated with a mutual separation agreement with a former Old National executive

RESULTS OF OPERATIONS2

Old National Bancorp ("Old National") reported third quarter 2024 net income applicable to common shares of $139.8 million, or $0.44 per diluted common share.

Included in third quarter results were pre-tax charges of $6.9 million primarily related to the April 1, 2024 acquisition of CapStar Financial Holdings, Inc. ("CapStar") and $2.6 million of pre-tax separation expense5. Excluding these transactions and realized debt securities gains from the current quarter, adjusted net income1 was $147.2 million, or $0.46 per diluted common share.

DEPOSITS AND FUNDING

Growth in deposits driven by increases in commercial and community deposits and normal seasonal patterns in public funds, partially offset by lower brokered deposits.

•Period-end total deposits were $40.8 billion, up 8.5% annualized; core deposits up 10.1% annualized.

•On average, total deposits for the third quarter were $40.6 billion, up 4.8% annualized.

•Granular low-cost deposit franchise; total deposit costs of 225 bps.

•A loan to deposit ratio of 89%, combined with existing funding sources, provides strong liquidity.

LOANS

Broad-based disciplined commercial loan growth.

•Period-end total loans3 were $36.5 billion, up 2.7% annualized.

•Total commercial loan production in the third quarter was $1.7 billion; period-end commercial pipeline totaled $2.8 billion.

•Average total loans in the third quarter were $36.3 billion, an increase of $235.9 million.

CREDIT QUALITY

Resilient credit quality continues to be a hallmark of Old National.

•Provision4 expense was $28.5 million compared to $36.2 million, or $20.9 million excluding $15.3 million of current expected credit loss ("CECL") Day 1 non-PCD provision expense related to the allowance for credit losses established on acquired non-PCD loans in the CapStar transaction in the second quarter of 2024.

•Net charge-offs were $17.5 million, or 19 bps of average loans compared to net charge-offs of 16 bps of average loans.

◦Excluding PCD loans that had an allowance for credit losses established at acquisition, net charge-offs to

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Exhibit 99.1

Old National Bancorp Reports Second Quarter 2024 Results

Evansville, Ind. (July 23, 2024)

Old National Bancorp (NASDAQ: ONB) reports 2Q24 net income applicable to common shares of $117.2 million, diluted EPS of $0.37; $144.1 million and $0.46 on an adjusted1 basis, respectively.

CEO COMMENTARY:

"Old National’s second quarter results exceeded expectations due to better than expected revenue growth and lower expenses," said Chairman and CEO Jim Ryan. "We achieved these outstanding results while also successfully closing on our CapStar Bank partnership and working to complete the associated systems integration. As a result, Old National has meaningfully increased our presence in Nashville, Tenn., while expanding our operations into several other vibrant Southeastern markets."

SECOND QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $117.2 million; adjusted net income applicable to common shares1 of $144.1 million

•Earnings per diluted common share ("EPS") of $0.37; adjusted EPS1 of $0.46

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $394.8 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.33%, up 5 basis points ("bps")

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $199.0 million; adjusted PPNR1 of $218.5 million

•Noninterest expense of $283.0 million; adjusted noninterest expense1 of $263.6 million

•Efficiency ratio1 of 57.2%; adjusted efficiency ratio1 of 52.6%

Deposits and Funding •Period-end total deposits of $40.0 billion, up $2.3 billion; core deposits up $1.7 billion

◦Period-end total deposits up 2.4% annualized excluding CapStar Financial Holdings, Inc. ("CapStar")

•Granular low-cost deposit franchise; total deposit costs of 216 bps and a cycle to date (2Q22-2Q24) total deposit beta of 41% (interest-bearing deposit beta of 53%)

Loans and Credit Quality •End-of-period total loans3 of $36.2 billion, up $2.6 billion

◦End-of-period total loans3 up 5.9% annualized excluding CapStar

•Provision for credit losses4 ("provision") of $36.2 million; $20.9 million excluding $15.3 million of current expected credit loss ("CECL") Day 1 non-purchased credit deteriorated ("non-PCD") provision expense5

•Net charge-offs of $14.0 million, or 16 bps of average loans; 11 bps excluding purchased credit deteriorated ("PCD") loans that had an allowance at acquisition

•30+ day delinquencies of 0.16% and non-performing loans of 0.94% of total loans

Return Profile & Capital •Return on average tangible common equity1 of 14.1%; adjusted return on average tangible common equity1 of 17.2%

Notable Items •Closing of CapStar partnership on April 1, 2024

•$19.4 million of pre-tax merger-related charges

•$15.3 million of pre-tax CECL Day 1 non-PCD provision expense5

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held-for-sale 4 Includes the provision for unfunded commitments 5 Refers to the initial increase in allowance for credit losses required on acquired non-PCD loans through the provision for credit losses

RESULTS OF OPERATIONS2

Old National Bancorp ("Old National") reported second quarter 2024 net income applicable to common shares of $117.2 million, or $0.37 per diluted common share.

Included in second quarter results were pre-tax charges of $19.4 million primarily related to the April 1, 2024 acquisition of CapStar Financial Holdings, Inc. ("CapStar") and $15.3 million of pre-tax CECL Day 1 non-PCD provision expense related to the allowance for credit losses established on acquired non-PCD loans. Excluding these transactions and realized debt securities gains from the current quarter, adjusted net income1 was $144.1 million, or $0.46 per diluted common share.

DEPOSITS AND FUNDING

Growth in deposits driven by CapStar including seasonal outflows of commercial and retail deposits offset by public fund and brokered deposits increases.

•Period-end total deposits were $40.0 billion, up $2.3 billion; core deposits up $1.7 billion; includes $2.1 billion of end of period deposits assumed in the CapStar transaction.

◦Excluding deposits assumed in the CapStar transaction, period-end total deposits were up 2.4% annualized.

•On average, total deposits for the second quarter were $40.1 billion, up $3.0 billion.

•Granular low-cost deposit franchise; total deposit costs of 216 bps and a cycle to date total deposit beta of 41% (interest-bearing deposit beta of 53%).

•A loan to deposit ratio of 91%, combined with existing funding sources, provides strong liquidity.

LOANS

Broad-based disciplined commercial loan growth.

•Period-end total loans3 were $36.2 billion, up $2.6 billion; includes $2.1 billio

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Exhibit 99.1

Old National Bancorp Reports First Quarter 2024 Results

Evansville, Ind. (April 23, 2024)

Old National Bancorp (NASDAQ: ONB) reports 1Q24 net income applicable to common shares of $116.3 million, diluted EPS of $0.40; $130.8 million and $0.45 on an adjusted1 basis, respectively.

CEO COMMENTARY:

"Old National's positive quarterly results were highlighted by continued growth in our granular, peer-leading deposit franchise, disciplined loan growth, a year-over-year tangible book value increase, and stable credit quality," said Chairman and CEO Jim Ryan. "We accomplished these strong results while driving toward a successful close (on April 1) of our partnership with Nashville-based CapStar Bank."

FIRST QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $116.3 million; adjusted net income applicable to common shares1 of $130.8 million

•Earnings per diluted common share ("EPS") of $0.40; adjusted EPS1 of $0.45

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $362.7 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.28%, down 11 basis points ("bps")

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $177.9 million; adjusted PPNR1 of $197.2 million

•Noninterest expense of $262.3 million; adjusted noninterest expense1 of $243.1 million

•Efficiency ratio1 of 58.3%; adjusted efficiency ratio1 of 53.4%

Deposits and Funding •Period-end total deposits of $37.7 billion, up 5.0% annualized; core deposits up 3.2% annualized

•Granular low-cost deposit franchise; total deposit costs of 201 bps and a cycle to date (2Q22-1Q24) total deposit beta of 38% (interest-bearing deposit beta of 50%)

Loans and Credit Quality •End-of-period total loans3 of $33.6 billion, up 7.5% annualized

•Provision for credit losses4 ("provision") of $18.9 million

•Net charge-offs of $11.8 million, or 14 bps of average loans; 7 bps excluding purchased credit deteriorated ("PCD") loans that had an allowance at acquisition

•30+ day delinquencies of 0.16% and non-performing loans of 0.98% of total loans

Return Profile & Capital •Return on average tangible common equity1 of 14.9%; adjusted return on average tangible common equity1 of 16.7%

Notable Items •$13.3 million pre-tax distribution of excess legacy First Midwest pension plan assets5

•$3.0 million pre-tax FDIC special assessment6

•$2.9 million of pre-tax merger-related charges

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held-for-sale 4 Includes the provision for unfunded commitments 5 Includes non-cash expense associated with the distribution of excess pension assets with the resolution of the legacy First Midwest Bancorp, Inc. plan 6 Represents the Company's estimate of its FDIC special assessment using the FDIC's updated estimate of losses to its Deposit Insurance Fund

RESULTS OF OPERATIONS2

Old National Bancorp ("Old National") reported first quarter 2024 net income applicable to common shares of $116.3 million, or $0.40 per diluted common share.

Included in first quarter results was a $13.3 million non-cash, pre-tax expense associated with the distribution of excess pension assets with the resolution of the legacy First Midwest plan, as well as pre-tax charges of $3.0 million for the FDIC special assessment and $2.9 million of merger-related charges. Excluding these transactions and realized debt securities losses from the current quarter, adjusted net income1 was $130.8 million, or $0.45 per diluted common share.

DEPOSITS AND FUNDING

Growth in deposits including normal seasonal patterns in business checking and public funds.

•Period-end total deposits were $37.7 billion, up $464.2 million, or 5.0% annualized; core deposits increased 3.2% annualized; includes normal seasonal patterns in business checking and public funds.

•On average, total deposits for the first quarter were $37.1 billion, a decrease of 1.2%.

•Granular low-cost deposit franchise; total deposit costs of 201 bps and a cycle to date total deposit beta of 38% (interest-bearing deposit beta of 50%).

•A loan to deposit ratio of 89%, combined with existing funding sources, provides strong liquidity.

LOANS

Broad-based disciplined commercial loan growth.

•Period-end total loans3 were $33.6 billion, up 7.5% annualized.

•Total commercial loan production in the first quarter was $1.1 billion; period-end commercial pipeline totaled $2.7 billion.

•Average total loans in the first quarter were $33.2 billion, an increase of $480.3 million.

CREDIT QUALITY

Strong credit quality continues to be a hallmark of Old National.

•Provision4 expense was $18.9 million, compared to $11.6 million, reflecting

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Exhibit 99.1

Old National's 4th Quarter and Record Full-Year Results

Supported by Strong Deposit Franchise, Stable Credit Quality

and Well-Managed Expenses

Evansville, Ind. (January 23, 2024)

Old National Bancorp (NASDAQ: ONB) reports 4Q23 net income applicable to common shares of $128.4 million, diluted EPS of $0.44; $134.6 million and $0.46 on an adjusted1 basis, respectively. Full-year net income applicable to common shares of $565.9 million, diluted EPS of $1.94; $599.2 million and $2.05 on an adjusted1 basis, respectively.

CEO COMMENTARY:

"Old National finished 2023 with strong reported results and record performance on an adjusted basis for EPS, return on average tangible equity and efficiency ratio. Tangible book value per share grew by 17% year-over-year and, when combined with a 3.7% average dividend yield, provided shareholders with a strong return for the year," said CEO Jim Ryan. "Our peer-leading deposit franchise, disciplined loan growth, strong credit quality, well-managed expenses, and dedicated team members who are committed to our clients and communities drove these outstanding results."

"As planned, Mike Scudder will retire as Executive Chairman of Old National Bancorp at the end of January. I want to thank Mike for his 38 combined years of outstanding leadership and dedication to First Midwest and Old National. His contributions to the board were invaluable as we completed our transformational partnership."

FOURTH QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $128.4 million; adjusted net income applicable to common shares1 of $134.6 million

•Earnings per diluted common share ("EPS") of $0.44; adjusted EPS1 of $0.46

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $370.5 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.39%, down 10 basis points ("bps")

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $186.4 million; adjusted PPNR1 of $194.6 million

•Noninterest expense of $284.2 million; adjusted noninterest expense1 of $255.2 million

•Efficiency ratio1 of 59.0%; adjusted efficiency ratio1 of 53.8%

Deposits and Funding •Period-end total deposits of $37.2 billion, consistent with September 30, 2023; core deposits up 0.4%

•Granular low-cost deposit franchise; total deposit costs of 185 bps and a cycle to date (2Q22-4Q23) total deposit beta of 35% (interest-bearing deposit beta of 47%)

Loans and Credit Quality •End-of-period total loans3 of $33.0 billion, up 1.0%

•Provision for credit losses4 ("provision") of $11.6 million

•Net charge-offs of $9.7 million, or 12 bps of average loans; 3 bps excluding purchased credit deteriorated ("PCD") loans that had an allowance at acquisition

•30+ day delinquencies of 0.22% and non-performing loans of 0.83% of total loans

Return Profile & Capital •Return on average tangible common equity1 of 18.1%; adjusted return on average tangible common equity1 of 19.0%

Notable Items •$21.6 million pre-tax gain on sale of Visa Class B restricted shares

•$19.1 million pre-tax FDIC special assessment

•$9.9 million of pre-tax merger-related and other charges

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held-for-sale

4 Includes the provision for unfunded commitments

RESULTS OF OPERATIONS

Old National reported fourth quarter 2023 net income applicable to common shares of $128.4 million, or $0.44 per diluted common share.

Included in fourth quarter results was a $21.6 million pre-tax gain on sale of Visa Class B restricted shares, as well as pre-tax charges of $19.1 million for the FDIC special assessment and $9.9 million of merger-related and other expenses. Excluding these transactions and realized debt securities losses from the current quarter, adjusted net income1 was $134.6 million, or $0.46 per diluted common share.

DEPOSITS AND FUNDING

Stable low-cost deposits including normal seasonal patterns in public funds.

•Period-end total deposits were $37.2 billion at December 31, 2023, consistent with prior quarter; core deposits increased 0.4%; include normal seasonal patterns in public funds which decreased ~$340 million.

•On average, total deposits for the fourth quarter were $37.2 billion, an increase of 1.4%.

•Granular low-cost deposit franchise; total deposit costs of 185 bps and a cycle to date total deposit beta of 35% (interest-bearing deposit beta of 47%).

•A loan to deposit ratio of 89% at December 31, 2023, combined with existing funding sources, provides strong liquidity.

LOANS

Broad-based disciplined commercial loan growth.

•Period-end total loans3 were $33.0 billion at December 31, 2023, up 1.0% from September 30, 2023.

•Total

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Exhibit 99.1

Old National's 3rd Quarter Results Supported by Strong

Deposit Franchise, Ample Capital, and Expense Discipline

Evansville, Ind. (October 24, 2023)

Old National Bancorp (NASDAQ: ONB) reports 3Q23 net income applicable to common shares of $143.8 million, diluted EPS of $0.49; $149.3 million and $0.51 on an adjusted1 basis, respectively.

CEO COMMENTARY:

"With a nearly 3% quarterly increase in total deposits, Old National once again demonstrated the strength and stability of our deposit franchise," said CEO Jim Ryan. "Additionally, our strong capital and liquidity position, disciplined expense management, and excellent credit metrics continue to position Old National to pursue our growth strategy while focusing intently on serving our clients and strengthening the communities we serve."

THIRD QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $143.8 million; adjusted net income applicable to common shares1 of $149.3 million

•Earnings per diluted common share ("EPS") of $0.49; adjusted EPS1 of $0.51

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $380.9 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.49%, down 11 basis points ("bps")

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $217.1 million; adjusted PPNR1 of $223.6 million

•Noninterest expense of $244.8 million; adjusted noninterest expense1 of $238.5 million

•Efficiency ratio1 of 51.7%; adjusted efficiency ratio1 of 49.7%

Deposits and Funding •Period-end total deposits of $37.3 billion, up 2.8%; core deposits up 3.1%

•Granular low-cost deposit franchise; total deposit costs of 161 bps and a cycle to date (2Q22-3Q23) total deposit beta of 30% (interest-bearing deposit beta of 42%)

Loans and Credit Quality •End-of-period total loans3 of $32.7 billion, up 0.5%; up 1.7% excluding commercial loan sales

•Provision for credit losses4 ("provision") of $19.1 million

•Net charge-offs of $19.7 million, or 24 bps of average loans; includes $12 million, or 15 bps, related to an isolated commercial & industrial ("C&I") credit that is not indicative of broader credit concerns in the portfolio

•30+ day delinquencies of 0.18% and non-performing loans of 0.80% of total loans

Return Profile & Capital •Return on average tangible common equity1 of 20.2%; adjusted return on average tangible common equity1 of 20.9%

Notable Items •$6.3 million of merger-related charges

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held-for-sale

4 Includes the provision for unfunded commitments 5 Uninsured and uncollateralized deposits include the estimate of Old National Bank federally uninsured deposits for regulatory purposes, as adjusted for $1.5 billion of affiliate deposits and $4.5 billion of collateralized or otherwise insured deposits

RESULTS OF OPERATIONS

Old National reported third quarter 2023 net income applicable to common shares of $143.8 million, or $0.49 per diluted common share.

Included in the third quarter were pre-tax charges of $6.3 million related to the February 15, 2022 merger with First Midwest Bancorp, Inc. ("First Midwest"). Excluding these transactions and realized debt securities losses from the current quarter, adjusted net income was $149.3 million, or $0.51 per diluted common share.

DEPOSITS AND FUNDING

Growth in low-cost deposits including normal seasonal patterns in public funds.

•Period-end total deposits were $37.3 billion at September 30, 2023, up $1.0 billion, or 2.8%; core deposits increased 3.1%

◦Reflect continuing effective competition for new client relationships.

◦Include normal seasonal patterns in public funds; increased $320 million.

•On average, total deposits for the third quarter were $36.7 billion, an increase of 4.4%.

•Granular low-cost deposit franchise; total deposit costs of 161 bps and a cycle to date total deposit beta of 30% (interest-bearing deposit beta of 42%).

•Deposits that were either insured or collateralized5 at September 30, 2023 were more than 70% of total deposits.

•A loan to deposit ratio of 88% at September 30, 2023, combined with existing funding sources provides strong liquidity.

LOANS

Broad-based disciplined commercial loan growth.

•Period-end total loans3 were $32.7 billion at September 30, 2023, up 0.5% from June 30, 2023 and up 1.7% excluding commercial loan sales of $389 million.

•Total commercial loan production in the third quarter was $1.5 billion; period-end commercial pipeline totaled $2.0 billion, down from $3.1 billion at June 30, 2023.

•Average total loans in the third quarter were $32.7 billion, an increase of $394.6 million from the second quarter of 2023.

CREDIT

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Exhibit 99.1

Old National's 2nd Quarter Results Supported by Strong Deposit Franchise, Ample Capital, Stable Credit and Expense Discipline

Evansville, Ind. (July 25, 2023)

Old National Bancorp (NASDAQ: ONB) reports 2Q23 net income applicable to common shares of $151.0 million, diluted EPS of $0.52; $156.3 million and $0.54 on an adjusted1 basis, respectively.

CEO COMMENTARY:

"The strength of Old National’s deposit franchise was evident once again with a nearly 4% quarterly increase in

total deposits that bolstered our already strong liquidity position," said CEO Jim Ryan. "In addition, Old National

continues to be well capitalized with disciplined expense management and strong credit metrics as we execute on

our growth strategy and continue to serve our clients and communities with passion, strength and stability."

SECOND QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $151.0 million; adjusted net income applicable to common shares1 of $156.3 million

•Earnings per diluted common share ("EPS") of $0.52; adjusted EPS1 of $0.54

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $388.0 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.60%, down 9 basis points ("bps")

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $223.0 million; adjusted PPNR1 of $229.0 million

•Noninterest expense of $246.6 million; adjusted noninterest expense1 of $240.6 million

•Efficiency ratio1 of 51.2%; adjusted efficiency ratio1 of 49.4%

Deposits and Funding •Period-end total deposits of $36.2 billion, up 3.8%; core deposits up 2.4%

•Granular low-cost deposit franchise; total deposit costs of 115 bps and a cycle to date (2Q22-2Q23) total deposit beta of 23% (interest-bearing deposit beta of 33%)

Loans and Credit Quality •End-of-period total loans3 of $32.5 billion, up 2.2%

•Provision for credit losses4 ("provision") of $14.8 million

•Net charge-offs of $10.1 million, or 13 bps of average loans; 6 bps excluding purchased credit deteriorated ("PCD") loans that had an allowance at acquisition

•30+ day delinquencies of 0.12% and non-performing loans of 0.91% of total loans

Return Profile & Capital •Return on average tangible common equity1 of 21.4%; adjusted return on average tangible common equity1 of 22.1%

Notable Items •$3.4 million of Louisville expenses5

•$2.4 million of merger-related charges

•$0.2 million of property optimization charges

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held for sale

4 Includes the provision for unfunded commitments 5 Includes expenses related to the tragic April 10 event at our downtown Louisville location 6 Uninsured and uncollateralized deposits include the estimate of Old National Bank federally uninsured deposits for regulatory purposes, as adjusted for $1.5 billion of affiliate deposits and $4.2 billion of collateralized or otherwise insured deposits

LOUISVILLE UPDATE

Our Old National Bancorp ("Old National") family continues to recover and heal from the Louisville tragedy on April 10 that claimed the lives of five of our team members and impacted many others. More than three months later, our ONB family continues to do our best to love, care and support one another. Additionally, in June, our downtown Louisville team began serving clients at a new location: 400 West Market Street in the heart of downtown Louisville. Once again, Old National wants to say thank you to the countless individuals and organizations who have cared for and supported our family during this challenging time.

RESULTS OF OPERATIONS

Old National reported second quarter 2023 net income applicable to common shares of $151.0 million, or $0.52 per diluted common share.

Included in the second quarter were pre-tax charges of $3.4 million for Louisville expenses5, $2.4 million related to the February 15, 2022 merger with First Midwest Bancorp, Inc. ("First Midwest") and $0.2 million for property optimization. Excluding these transactions from the current quarter, adjusted net income was $156.3 million, or $0.54 per diluted common share.

DEPOSITS AND FUNDING

Growth in low-cost deposits including normal seasonal patterns in public funds.

•Period-end total deposits were $36.2 billion at June 30, 2023, up 3.8%; core deposits increased 2.4%.

◦Reflect continuing effective competition for new client relationships.

◦Include normal seasonal patterns in public funds.

•On average, total deposits for the second quarter were $35.1 billion, an increase of 0.6%.

•Granular low-cost deposit franchise; total deposit costs of 115 bps and a cycle to date total deposit beta of 23% (interest-bearing deposit beta of 33%).

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Exhibit 99.1

Old National's 1st Quarter Results Supported by Strong Deposit Franchise, Ample Liquidity, Stable Credit and Expense Discipline

Evansville, Ind. (April 25, 2023)

Old National Bancorp (NASDAQ: ONB) reports 1Q23 net income applicable to common shares of $142.6 million, diluted EPS of $0.49; $159.1 million and $0.54 on an adjusted1 basis, respectively.

COMMENTARY BY CEO JIM RYAN:

Reflecting on April 10th

"Five of our Old National team members were lost forever while other team members and two Louisville Metro police officers suffered injuries. In the aftermath, many heroes emerged, including members of law enforcement, city and state officials, the Louisville medical community and some of our own team members who were on the scene.

Old National would like to thank the Louisville community for their unconditional love and support, as well as countless other individuals and organizations throughout the country whose outpouring of love and care has strengthened us. We also want to acknowledge and thank our resilient team members who rallied in support of those in Louisville and one another, along with our clients, many of whom reached out to us with messages of care and concern.

Finally, we ask everyone to consider giving the gift of life by donating blood. In addition to honoring those impacted in Louisville, your gift will help save lives throughout our nation."

Reflecting on First Quarter Earnings

"Our positive first quarter results underscore the stability of Old National's low-cost deposit franchise and the granularity and strength of our loan portfolio and revenue streams. When you also factor in another quarter of excellent expense discipline, stable credit and ample liquidity, you can see why Old National finds itself exceptionally well-positioned for whatever headwinds may lie ahead."

FIRST QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $142.6 million; adjusted net income applicable to common shares1 of $159.1 million

•Earnings per diluted common share ("EPS") of $0.49; adjusted EPS1 of $0.54

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $387.2 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.69%, down 16 basis points ("bps")

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $207.1 million; adjusted PPNR1 of $228.2 million

•Noninterest expense of $250.7 million; adjusted noninterest expense1 of $234.8 million

•Efficiency ratio1 of 52.8%; adjusted efficiency ratio1 of 48.8%

Deposits and Funding •Period-end total deposits of $34.9 billion, stable including normal seasonal patterns in public funds

•Granular low-cost deposit franchise; total deposit costs of 72 bps and a total deposit beta cycle to date of 15% (interest-bearing deposit beta of 23%)

•Deposits that were either insured or collateralized3 at March 31, 2023 were ~70% of total deposits

•Strong liquidity provided by existing funding sources plus available unencumbered, high-quality collateral totaling $15.7 billion; ~150% uninsured covered ratio4

•Total funding of $41.7 billion, up 2.6% compared to December 31, 2022

Note: See following page for footnotes.

Loans and Credit Quality •End-of-period total loans5 of $31.8 billion, up 2.2% compared to December 31, 2022

•Provision for credit losses6 ("provision") of $13.4 million

•Net charge-offs of $16.4 million, or 21 bps of average loans; 5 bps excluding purchased credit deteriorated ("PCD") loans that had an allowance at acquisition

•Non-performing loans of 0.74% of total loans

Return Profile & Capital •Return on average tangible common equity1 of 21.0%; adjusted return on average tangible common equity1 of 23.4%

•Repurchased 1.8 million shares of common stock during the quarter

Notable Items •$14.6 million of merger-related charges

•$1.3 million of property optimization charges

•$5.2 million of losses on sales of debt securities

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Uninsured and uncollateralized deposits include the estimate of Old National Bank federally uninsured deposits for regulatory purposes, as adjusted for $1.4 billion of affiliate deposits and $3.4 billion of collateralized or otherwise insured deposits 4 Represents the ratio of liquidity availability (cash and cash equivalents, funding capacity at FHLB, discount window and Bank Term Funding Program ("BTFP"), and unencumbered eligible collateral) at March 31, 2023, plus recently pledged loan collateral to FHLB, to uninsured and uncollateralized deposits at March 31, 2023 5 Includes loans held for sale 6 Includes the provision for unfunded commitments

RESULTS OF OPERATIONS

Old National Bancorp ("Ol

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Exhibit 99.1

Old National Reports 43% EPS Growth from 3Q22, 10% on an Adjusted Basis1, Driven by Commercial Loan Growth, Net Interest Margin Expansion and Expense Discipline

EVANSVILLE, Ind. (January 24, 2023)

Old National Bancorp (NASDAQ: ONB) reports 4Q22 net income applicable to common shares of $196.7 million, diluted EPS of $0.67; $164.3 million and $0.56 on an adjusted1 basis, respectively. Full-year net income applicable to common shares of $414.2 million, diluted EPS of $1.50; $540.9 million and $1.96 on an adjusted1 basis, respectively.

CEO COMMENTARY:

“Old National's strong 4th quarter puts the finishing touches on a transformational year of growth marked by disciplined, consistent execution,” said CEO Jim Ryan. “We capped off 2022 with robust loan growth, impressive net interest margin expansion, peer leading return on average tangible common equity, excellent credit metrics and a record efficiency ratio."

FOURTH QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $196.7 million; adjusted net income applicable to common shares1 of $164.3 million

•Earnings per diluted common share ("EPS") of $0.67; adjusted EPS1 of $0.56

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $396.5 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.85%, up 14 basis points ("bps")

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $278.8 million; adjusted PPNR1 of $240.7 million

•Noninterest expense of $282.7 million; adjusted noninterest expense1 of $230.3 million

•Efficiency ratio1 of 49.1%; adjusted efficiency ratio1 of 47.5%

Loans and Credit Quality •End-of-period total loans3 of $31.1 billion, up 7.7% annualized compared to September 30, 2022

◦Total commercial loans increased 7.9% annualized

◦Total consumer loans4 increased 7.5% annualized

•Total commercial production of $2.7 billion

•Commercial loan pipeline of $4.6 billion

•Provision for credit losses5 ("provision") of $11.4 million

•Net charge-offs of $4.0 million, or 5 bps of average loans

•Non-performing loans of 0.81% of total loans

Return Profile & Capital •Return on average tangible common equity1 of 31.5%; adjusted return on average tangible common equity1 of 26.5%

Notable Items •$90.7 million gain on sale of health savings accounts

•$26.8 million of property optimization charges

•$20.3 million of merger-related charges

•$5.3 million of amortization of tax credit investments

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held for sale 4 Includes consumer and residential real estate loans 5 Includes the provision for unfunded commitments

RESULTS OF OPERATIONS

Old National Bancorp ("Old National") reported fourth quarter 2022 net income applicable to common shares of $196.7 million, or $0.67 per diluted common share.

Included in the fourth quarter was a $90.7 million pre-tax gain on the November 18, 2022 sale of health savings accounts, as well as pre-tax charges of $26.8 million for property optimization and $20.3 million related to the February 15, 2022 merger with First Midwest. Excluding these transactions and realized debt securities losses from the current quarter, adjusted net income was $164.3 million, or $0.56 per diluted common share.

LOANS

Robust broad-based commercial and consumer loan growth.

•Period-end total loans3 were $31.1 billion at December 31, 2022, up 7.7% annualized from $30.5 billion at September 30, 2022, driven by strong commercial loan growth of 7.9%.

•Total commercial loan production in the fourth quarter was $2.7 billion; period-end commercial pipeline totaled $4.6 billion.

•Total consumer loans4 were $9.2 billion at December 31, 2022, up 7.5% annualized from September 30, 2022.

◦Consumer loans decreased $25.4 million, or 3.7% annualized, and residential mortgage loans grew $193.1 million, or 12.3% annualized, driven by strong production.

•Average total loans in the fourth quarter were $30.7 billion, an increase of $838.0 million from the third quarter of 2022.

DEPOSITS

Strong deposit franchise impacted by the sale of health savings accounts and seasonal deposit outflows late in the quarter.

•On average, total deposits for the fourth quarter were $35.4 billion, a decrease of 0.9% excluding $382 million of health savings accounts sold in November.

•Period-end total deposits were $35.0 billion at December 31, 2022, compared to $36.1 billion at September 30, 2022, down due to the sale of health savings accounts, client deployment of excess liquidity and seasonal deposit outflows.

NET INTEREST INCOME AND MARGIN

Strong loan growth and the higher rate environment favorably impact net interest income and ma

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Exhibit 99.1

Old National Reports 24% EPS Growth from 2Q22, 11% on an Adjusted Basis1, Driven by Robust Commercial Loan Growth and

Net Interest Margin Expansion

EVANSVILLE, Ind. (October 25, 2022)

Old National Bancorp (NASDAQ: ONB) reports 3Q22 net income applicable to common shares of $136.1 million, diluted EPS of $0.47. Adjusted net income applicable to common shares1 of $150.4 million,

adjusted diluted EPS of $0.51.

CEO COMMENTARY:

“With adjusted EPS growth of nearly 19%, year over year, and organic growth across most business lines, Old National once again demonstrated the strength of our expanded franchise,” said CEO Jim Ryan. “The improvement in our net interest margin and our continued strong credit, capital and efficiency metrics also reflect the strength of our franchise and Management's continuing focus on the fundamentals of our business."

THIRD QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $136.1 million; adjusted net income applicable to common shares1 of $150.4 million

•Earnings per diluted common share ("EPS") of $0.47; adjusted EPS1 of $0.51

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $381.5 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.71%, up 38 basis points ("bps")

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $195.3 million; adjusted PPNR1 of $220.9 million

•Noninterest expense of $266.6 million; adjusted noninterest expense1 of $241.2 million

•Efficiency ratio1 of 56.2%; adjusted efficiency ratio1 of 50.7%

Loans and Credit Quality •End-of-period total loans3 of $30.5 billion, up 13.2% annualized compared to $29.6 billion at June 30, 2022

◦Total commercial loans increased 16.6% annualized, excluding Paycheck Protection Program ("PPP") loans1

◦Total consumer loans4 increased 7.1% annualized

•Total commercial production of $2.4 billion

•Commercial loan pipeline of $5.4 billion

•Provision for credit losses ("provision") of $11.3 million

•Net charge-offs of $7.6 million, or 10 bps of average loans; 2 bps excluding purchased credit deteriorated ("PCD") loans that had an allowance at acquisition

•Non-performing loans of 0.81% of total loans

Return Profile & Capital •Return on average tangible common equity1 of 20.5%; adjusted return on average tangible common equity1 of 22.6%

Notable Items •$22.7 million of merger-related charges

•$2.7 million of amortization of tax credit investments

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held for sale 4 Includes consumer and residential real estate loans

RESULTS OF OPERATIONS

Old National Bancorp ("Old National") reported third quarter 2022 net income applicable to common shares of $136.1 million, or $0.47 per diluted common share.

Included in the third quarter were pre-tax charges of $22.7 million related to the February 15, 2022 merger with First Midwest. Excluding these charges and debt securities losses from the current quarter, adjusted net income was $150.4 million, or $0.51 per diluted common share.

LOANS

Robust broad-based commercial and consumer loan growth.

•Period-end total loans3 were $30.5 billion at September 30, 2022, up 13.2% annualized from $29.6 billion at June 30, 2022, driven by strong commercial and consumer loan production.

•PPP loans decreased $38.1 million to $43.5 million at September 30, 2022, compared to June 30, 2022.

•Excluding PPP loans, total loans increased 13.7%, annualized, and total commercial loans increased 16.6%, annualized.

•Total commercial loan production in the third quarter was $2.4 billion; period-end commercial pipeline totaled $5.4 billion.

•Total consumer loans4 were $9.0 billion at September 30, 2022, up 7.1% annualized from June 30, 2022.

◦Consumer loans decreased $31.5 million, or 4.6% annualized, to $2.7 billion and residential mortgage loans grew $188.2 million, or 12.4% annualized, to $6.3 billion, driven by strong production.

•Average total loans in the third quarter were $29.9 billion, an increase of $1.0 billion from the second quarter of 2022.

DEPOSITS

Strong deposit franchise with higher period-end balances.

•Period-end total deposits were $36.1 billion at September 30, 2022, compared to $35.5 billion at June 30, 2022.

•Increase in municipal deposits; commercial and retail deposits were stable.

•On average, total deposits for the third quarter were $35.8 billion, consistent with the second quarter of 2022.

NET INTEREST INCOME AND MARGIN

Strong loan growth and the higher rate environment favorably impact net interest income and margin.

•Net interest income on a fully taxable equivalent basis increased to $381.5 million in the third quarter of

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Exhibit 99.1

Exhibit 99.1

Old National's Strong 2nd Quarter Driven by

Robust Commercial Loan Growth and Net Interest Margin Expansion

EVANSVILLE, Ind. (July 26, 2022)

Old National Bancorp (NASDAQ: ONB) reports 2Q22 net income applicable to common shares of $111.0 million, diluted EPS of $0.38. Adjusted net income applicable to common shares1 of $134.6 million,

or $0.46 per diluted common share.

CEO COMMENTARY:

“As evidenced by a 17% increase in annualized loan growth and strong net interest margin expansion, this was a very robust earnings quarter for Old National,” said CEO Jim Ryan. “We are especially pleased with the growth opportunities that are taking shape in our Chicagoland market as we begin to realize the full potential of our recently completed merger."

SECOND QUARTER HIGHLIGHTS2:

Net Income •Net income applicable to common shares of $111.0 million; adjusted net income applicable to common shares1 of $134.6 million

•Earnings per diluted common share ("EPS") of $0.38; adjusted EPS1 of $0.46

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $341.8 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 3.33%, up 45 basis points ("bps")

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $153.5 million; adjusted PPNR1 of $191.7 million

•Noninterest expense of $277.4 million; adjusted noninterest expense1 of $239.3 million

•Efficiency ratio1 of 62.7%; adjusted efficiency ratio1 of 53.9%

Loans and Credit Quality •End-of-period total loans3 of $29.6 billion, up 17.0% annualized compared to $28.4 billion at March 31, 2022

◦Total commercial loans increased 17.9% annualized, excluding Paycheck Protection Program ("PPP") loans1

◦Total consumer loans4 increased 21.9% annualized

•Second quarter total commercial production of $2.2 billion

•June 30 commercial loan pipeline of $5.9 billion

•Provision for credit losses ("provision") of $9.2 million

•Net charge-offs of $1.8 million, or 2 bps of average loans

•Non-performing loans of 0.78% of total loans

Return Profile & Capital •Return on average tangible common equity1 of 16.9%; adjusted return on average tangible common equity1 of 20.4%

Notable Items •$36.6 million of merger-related charges

•$1.5 million of tax credit amortization

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Certain comparisons to prior period are not meaningful due to the full quarter impact of the merger with First Midwest Bancorp, Inc. ("First Midwest") 3 Includes loans held for sale 4 Includes consumer and residential real estate loans

RESULTS OF OPERATIONS

Old National Bancorp ("Old National") reported second quarter 2022 net income applicable to common shares of $111.0 million, or $0.38 per diluted share.

Included in the second quarter were pre-tax charges of $36.6 million related to the February 15, 2022 merger with First Midwest. Excluding these charges and debt securities gains from the current quarter, adjusted net income was $134.6 million, or $0.46 per diluted share.

LOANS

Robust broad-based commercial and consumer loan growth.

•Period-end total loans3 were $29.6 billion at June 30, 2022, up 17.0% annualized from $28.4 billion at March 31, 2022, driven by strong commercial and consumer loan production.

•PPP loans decreased $123.8 million to $81.6 million at June 30, 2022, compared to $205.3 million at March 31, 2022.

•Excluding PPP loans, total loans increased 19.1%, annualized, and total commercial loans increased 17.9%, annualized.

•Total commercial loan production in the second quarter was $2.2 billion; period-end commercial pipeline totaled $5.9 billion.

•Consumer loans grew $86.0 million, or 12.9% annualized, to $2.8 billion and residential mortgage loans grew $372.9 million, or 26.1% annualized, to $6.1 billion, driven by strong production which was partially offset by acquired transactional portfolio run-off.

•Average total loans in the second quarter were $28.9 billion, an increase of $8.1 billion from the first quarter of 2022, driven by the full quarter impact of the merger with First Midwest, as well as organic loan growth.

DEPOSITS

Strong deposit franchise with stable balances.

•Period-end total deposits were $35.5 billion at June 30, 2022, consistent with $35.6 billion at March 31, 2022.

•The gradual deployment of commercial and retail deposits was partially offset by the seasonal increase in municipal deposits.

•On average, total deposits in the second quarter increased to $35.8 billion, compared to $26.9 billion for the first quarter of 2022, due primarily to the full quarter impact of the merger.

NET INTEREST INCOME AND MARGIN

Strong loan growth, the higher rate environment and the full quarter impact of the merger favorably impact net interest inco

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Exhibit 99.1

Exhibit 99.1

Old National's 1st Quarter Driven by Transformative Merger with

First Midwest and Strong Commercial Loan Growth

EVANSVILLE, Ind. (April 26, 2022)

Reflective of the CECL Day 1 provision expense and merger related expenses, all as expected, Old National Bancorp (NASDAQ: ONB) reports 1Q22 net loss applicable to common shares of $29.6 million, diluted EPS of $(0.13).

Adjusted net income applicable to common shares1 of $91.6 million, or $0.40 per diluted common share.

CEO COMMENTARY:

“Old National’s 1st quarter results were driven by several factors, including robust commercial loan growth and strong credit metrics and most importantly, the completion of our transformative merger with First Midwest,” said CEO Jim Ryan. “We are positioned well for continued growth and investments that will benefit our clients, team members, communities and shareholders.”

FIRST QUARTER HIGHLIGHTS2:

Net Income •Net loss applicable to common shares of $29.6 million; adjusted net income applicable to common shares1 of $91.6 million

•Earnings per diluted common share ("EPS") of $(0.13); adjusted EPS1 of $0.40

Net Interest Income/NIM •Net interest income on a fully taxable equivalent basis1 of $226.6 million

•Net interest margin on a fully taxable equivalent basis1 ("NIM") of 2.88%

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $65.1 million; adjusted PPNR1 of $118.6 million

•Noninterest expense of $226.7 million; adjusted noninterest expense1 of $172.9 million

•Efficiency ratio1 of 76.2%; adjusted efficiency ratio1 of 57.7%

Loans and Credit Quality •End-of-period total loans3 of $28.4 billion compared to $13.6 billion at December 31

◦Increased commercial loans 8.3% annualized on a full first quarter combined basis1,4, excluding PPP loans and acquisition accounting adjustments

•Total full quarter combined4 commercial production of $1.5 billion

•March 31 pipeline of $5.4 billion

•Provision for credit losses ("provision") of $97.6 million; $96.3 million of current expected credit loss ("CECL") Day 1 non-purchased credit deteriorated ("non-PCD") provision expense5

•Net charge-offs of $2.8 million, or 5 basis points ("bps") of average loans

•Non-performing loans of 0.88% of total loans

Return Profile & Capital •Return on average tangible common equity1 of (4.0)%; adjusted return on average tangible common equity1 of 15.0%

•Repurchased 3.5 million shares of common stock at a cost of $63.8 million during the quarter

Notable Items •$96.3 million of CECL Day 1 non-PCD provision expense5

•$52.3 million of merger-related charges

•$1.5 million of tax credit amortization

1 Non-GAAP financial measure that management believes is useful in evaluating the financial results of the Company – refer to the Non-GAAP reconciliations contained in this release 2 Comparisons to legacy prior periods are not meaningful due to merger 3 Includes loans held for sale 4 Excludes Paycheck Protection Program ("PPP") loans and acquisition accounting adjustments ("AAAs") for legacy First Midwest and combined Old National - growth annualized for the combined full quarter 5 Refers to the initial increase in allowance for credit losses required on acquired non-PCD loans through the provision for credit losses

MERGER TRANSACTION

On February 15, 2022, Old National Bancorp ("Old National") completed its transformative merger with First Midwest Bancorp, Inc. ("First Midwest") to create the premier bank in the Midwest. The merger added approximately $22 billion of assets, $14 billion of loans, and $17 billion of deposits. The combined company ranks among the top 35 banking companies based in the United States and creates the sixth largest commercial bank headquartered in the Midwest based on assets, with approximately $46 billion of combined assets, $31 billion of assets under management, strong commercial banking capabilities, a robust retail footprint, and a significant wealth platform.

RESULTS OF OPERATIONS

Old National (NASDAQ: ONB) reported first quarter 2022 net loss applicable to common shares of $29.6 million, or $(0.13) per diluted share.

Included in the first quarter were pre-tax charges of $96.3 million of CECL Day 1 non-PCD provision expense related to the allowance established on acquired non-PCD loans and $52.3 million of expenses related to the merger with First Midwest, including $11.0 million attributable to the provision for unfunded commitments. Excluding these charges and debt securities gains from the current quarter, adjusted net income was $91.6 million, or $0.40 per diluted share.

LOANS

Loan growth and expanding presence driven by the merger, along with strong combined commercial production and growth.

•Period-end total loans3 were $28.4 billion at March 31, 2022, up from $13.6 billion at December 31, 2021, driven by the merger and strong commercial production.

•Paycheck Protection Program ("PPP") loans increase

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Exhibit 99.1

Old National Bancorp

One Main Street

Evansville, IN 47708Media: Kathy A. Schoettlin (812) 465-7269

oldnational.comInvestors: Lynell J. Walton (812) 464-1366

Old National reports 2021 record net income driven by

commercial loan growth of 7.2%

Evansville, Ind. (January 18, 2022)

Old National Bancorp (NASDAQ: ONB) reports 4Q21 net income of $56.2 million, diluted EPS of $0.34.

Adjusted1 net income of $60.9 million, or $0.37 per diluted share.

Full-year net income of $277.5 million, or $1.67 per diluted share.

Adjusted1 net income of $286.5 million, or$1.73 per diluted share.

CEO COMMENTARY:

"Old National's 4th quarter capped off a year of record earnings driven by robust commercial loan growth, strong credit quality and well controlled expenses," said Chairman and CEO Jim Ryan. "I'm particularly pleased that we achieved these strong results while also working steadily to remain on-task to complete our anticipated merger with First Midwest Bank – which also enjoyed strong 4th quarter and full-year 2021 results."

FOURTH QUARTER HIGHLIGHTS2:

Net income •Net income of $56.2 million

•Earnings per diluted share of $0.34

Net interest income/NIM •Net interest income on a fully taxable equivalent basis of $150.2 million compared to $155.1 million

•Net interest margin on a fully taxable equivalent basis of 2.77% compared to 2.92%

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $69.8 million

•Adjusted PPNR1 of $78.1 million

•Noninterest expense of $131.9 million

•Adjusted noninterest expense1 of $123.2 million

•Efficiency ratio1 of 64.27%

•Adjusted efficiency ratio1 of 59.95%

Loans and Credit Quality •End-of-period total loans3 of $13,637.3 million compared to $13,636.1 million

◦Total commercial loans increased $162.5 million, excluding the $185.9 million decrease in PPP loans

•Fourth-quarter total commercial production of $1.1 billion

•Provision for credit losses was a recapture of $1.9 million

•December 31 pipeline of $2.5 billion

•Net recoveries of $1.4 million compared to net recoveries of $3.0 million

•Non-performing loans of 0.92% of total loans compared to 0.94%

Return Profile & Capital •Return on average common equity of 7.49%

•Return on average tangible common equity1 of 12.07%

•Adjusted return on average tangible common equity1 of 13.04%

•No shares of common stock were repurchased during the current quarter

Notable Items •$2.0 million in tax credit amortization

•$6.7 million in merger-related charges

1 Non-GAAP financial measure that Management believes is useful in evaluating the financial results of the Company – please refer to the Non GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held for sale

RESULTS OF OPERATIONS

Old National Bancorp ("Old National") reported fourth quarter 2021 net income of $56.2 million, or $0.34 per diluted share.

Included in the fourth quarter were pre-tax charges of $6.7 million related to the pending merger with First Midwest Bancorp, Inc. Excluding these charges from the current quarter and netting out debt securities gains, adjusted net income was $60.9 million, or $0.37 per diluted share.

LOANS

Strong commercial production resulted in 6.9% annualized commercial loan growth.

•Period-end total loans were $13,637.3 million at December 31, 2021, consistent with the $13,636.1 million at September 30, 2021.

•Paycheck Protection Program (PPP) loans declined $185.9 million to $169.0 million at December 31, 2021, compared to $354.9 million at September 30, 2021.

•Excluding the $185.9 million decrease in PPP loans during the quarter, total loans increased $187.1 million, or 5.6% annualized.

•Excluding PPP loans, total commercial loans increased $162.5 million, or 6.9% annualized.

•Total commercial loan production in the fourth quarter was $1.1 billion; period-end pipeline totaled $2.5 billion.

•Consumer loans increased $9.9 million to $1,574.1 million and residential mortgage loans increased $30.5 million to $2,255.3 million.

•Average total loans in the fourth quarter were $13,603.6 million, a decrease of $83.7 million from the third quarter of 2021.

•Excluding PPP loans, average total loans in the fourth quarter increased $178.1 million from the third quarter of 2021.

DEPOSITS

Total deposit growth bolstered by strong increase in checking and NOW accounts.

•Period-end total deposits were $18,569.2 million at December 31, 2021, an increase of $373.0 million, or 8.2% annualized, when compared to the $18,196.1 million at September 30, 2021.

•Checking and NOW deposits increased $382.0 million to $5,338.0 million at December 31, 2021 from $4,956.0 million at September 30, 2021.

•On average, total deposits in the fourth quarter increased $438.3 million to $18,414.3 million, compared to $17,976.0 million in the third quarter of 2021.

NET INTEREST INCOME AND MARGIN

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Exhibit 99.1

Old National Bancorp

One Main Street

Evansville, IN 47708Media: Kathy A. Schoettlin (812) 465-7269

oldnational.comInvestors: Lynell J. Walton (812) 464-1366

Old National's strong 3rd quarter driven by

commercial loan growth of 7% annualized

Evansville, Ind. (October 19, 2021)

Old National Bancorp (NASDAQ: ONB) reports 3Q21 net income of $71.7 million, diluted EPS of $0.43.

Adjusted1 net income of $71.8 million, or $0.43 per diluted share.

CEO COMMENTARY:

"Old National's excellent 3rd quarter results were driven by multiple success factors, including strong commercial loan growth, good deposit growth, increased fee income, reduced expenses and strong credit metrics," said Chairman and CEO Jim Ryan. "In addition, we continued to make smooth, steady progress throughout the quarter on activities related to our merger of equals with First Midwest Bank, which we expect to be completed as soon as we receive Federal Reserve approval. As previously disclosed, we have already received approval from the OCC."

THIRD QUARTER HIGHLIGHTS2:

Net income •Net income of $71.7 million

•Earnings per diluted share of $0.43

Net interest income/NIM •Net interest income on a fully taxable equivalent basis of $155.1 million compared to $153.4 million

•Net interest margin on a fully taxable equivalent basis of 2.92% compared to 2.91%

Operating Performance •Pre-provision net revenue1 (“PPNR”) of $88.3 million

•Adjusted PPNR1 of $90.2 million

•Noninterest expense of $121.3 million

•Adjusted noninterest expense1 of $118.2 million

•Efficiency ratio1 of 56.86%

•Adjusted efficiency ratio1 of 55.38%

Loans and Credit Quality •End-of-period total loans3 of $13,636.1 million compared to $13,834.8 million

◦Total commercial loans increased $171.7 million, excluding the $366.1 million decrease in PPP loans

•Third-quarter total commercial production of $1.0 billion

•Provision for credit losses was a recapture of $4.6 million

•September 30 pipeline of $2.7 billion

•Net recoveries of $3.0 million compared to net recoveries of $336 thousand

•Non-performing loans of 0.94% of total loans compared to 1.03%

Return Profile & Capital •Return on average common equity of 9.48%

•Return on average tangible common equity1 of 15.13%

•Adjusted return on average tangible common equity1 of 15.16%

•No shares of common stock were repurchased during the current quarter

Notable Items •$1.7 million in tax credit amortization

•$1.4 million in merger charges

1 Non-GAAP financial measure that Management believes is useful in evaluating the financial results of the Company – please refer to the Non GAAP reconciliations contained in this release 2 Comparisons are on a linked-quarter basis, unless otherwise noted 3 Includes loans held for sale

RESULTS OF OPERATIONS

Old National Bancorp ("Old National") reported third quarter 2021 net income of $71.7 million, or $0.43 per diluted share.

Included in the third quarter were pre-tax charges of $1.4 million for the pending merger with First Midwest Bancorp, Inc. Excluding these charges from the current quarter and netting out debt securities gains, adjusted net income was $71.8 million, or $0.43 per diluted share.

LOANS

Strong commercial production results in over 7% annualized commercial loan growth.

•Period-end total loans were $13,636.1 million at September 30, 2021, a decrease of $198.7 million, or 5.7% annualized, when compared to the $13,834.8 million at June 30, 2021.

•Paycheck Protection Program (PPP) loans declined $366.1 million to $354.9 million at September 30, 2021, compared to $721.1 million at June 30, 2021.

•Excluding the $366.1 million decrease in PPP loans during the quarter, total loans increased $167.5 million, or 5.1% annualized.

•Excluding PPP loans, total commercial loans increased $171.7 million, or 7.4% annualized.

•Total commercial loan production in the third quarter was $1.0 billion; period-end pipeline totaled $2.7 billion.

•Consumer loans decreased $15.1 million to $1,564.2 million and residential mortgage loans increased $9.7 million to $2,224.8 million.

•Average total loans in the third quarter were $13,687.3 million, a decrease of $308.0 million from the second quarter of 2021.

•Excluding PPP loans, average total loans in the third quarter increased $185.8 million from the second quarter of 2021.

DEPOSITS

Total deposit growth bolstered by strong increase in noninterest-bearing demand deposits.

•Period-end total deposits were $18,196.1 million at September 30, 2021, an increase of $327.2 million, or 7.3% annualized, when compared to the $17,868.9 million at June 30, 2021.

•Noninterest-bearing deposits increased $297.8 million to $6,440.5 million at September 30, 2021 from $6,142.7 million at June 30, 2021.

•On average, total deposits in the third quarter increased $122.9 million to $17,976.0 million, compared to $17,853.1 million in the second quarter of 2021.

NET INTER