In Brief: Ind.'s Old National Posts 4Q Profit Drop

Old National Bancorp of Evansville, Ind., reported Monday that fourth-quarter earnings fell 10% from a year earlier, to $17.5 million.

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Diluted earnings per share fell 4%, to 27 cents, which missed the average of analysts' estimates by a penny as reported by Thomson Financial.

The $8.1 billion-asset company said earnings for the full year rose 24%, to $79.4 million. Diluted earnings per share rose 4%, to $1.20, which also missed the average of analysts' expectations by a penny.


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