• Old National Bancorp average return on tangible equity for 2023 was 19.56, a 96.78% decline from 2022.
• Old National Bancorp average return on tangible equity for 2022 was 9.94, a 35.45% increase from 2021.
• Old National Bancorp average return on tangible equity for 2021 was 15.4, a 30.51% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.