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Shareholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2024
Equity [Abstract] |
Summary of Table Reconciling Basic and Diluted Net Income Per Share | The following table presents the calculation of basic and diluted net income per common share:
(dollars and shares in thousands, except per share data) | Years Ended December 31,
2024 |  | 2023 |  | 2022
Net income | $ | 539,188 |  |  | $ | 581,992 |  |  | $ | 428,287 |
Preferred dividends | (16,135) |  |  | (16,135) |  |  | (14,118) |
Net income applicable to common shares | $ | 523,053 |  |  | $ | 565,857 |  |  | $ | 414,169 |
Weighted average common shares outstanding: |  |  |  |  |
Weighted average common shares outstanding (basic) | 309,499 |  |  | 290,748 |  |  | 275,179 |
Effect of dilutive securities (1): |  |  |  |  |
Restricted stock | 1,502 |  |  | 1,107 |  |  | 1,502 |
Stock appreciation rights | — |  |  | — |  |  | 7 |
Weighted average diluted shares outstanding | 311,001 |  |  | 291,855 |  |  | 276,688 |
Basic Net Income Per Common Share | $ | 1.69 |  |  | $ | 1.95 |  |  | $ | 1.51 |
Diluted Net Income Per Common Share | $ | 1.68 |  |  | $ | 1.94 |  |  | $ | 1.50 |
(1)Old National had potentially dilutive shares from forward sale contracts for the year ended December 31, 2024 that were determined to be antidilutive and have been excluded from the calculation of diluted net income per share.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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