Old Second Bancorp, Inc. (OSBC)

NASDAQ: OSBC · IEX Real-Time Price · USD
16.36
-0.04 (-0.24%)
Jul 19, 2024, 4:00 PM EDT - Market closed
-0.24%
Market Cap 733.67M
Revenue (ttm) 268.46M
Net Income (ttm) 89.43M
Shares Out 44.85M
EPS (ttm) 1.97
PE Ratio 8.30
Forward PE 8.50
Dividend $0.20 (1.22%)
Ex-Dividend Date Jul 26, 2024
Volume 313,389
Open 16.40
Previous Close 16.40
Day's Range 16.32 - 16.60
52-Week Range 13.00 - 16.99
Beta 1.09
Analysts Strong Buy
Price Target 17.83 (+8.99%)
Earnings Date Jul 17, 2024

About OSBC

Old Second Bancorp, Inc. operates as the bank holding company for Old Second National Bank that provides community banking services. It offers demand, NOW, money market, savings, time deposit, individual retirement, and checking accounts, as well as certificates of deposit accounts. The company also provides commercial loans; lease financing receivables; commercial real estate loans; construction loans; residential real estate loans, such as residential first mortgage and second mortgage loans; home equity line of credit; consumer loans, includ... [Read more]

Sector Financials
Founded 1981
Employees 834
Stock Exchange NASDAQ
Ticker Symbol OSBC
Full Company Profile

Financial Performance

In 2023, OSBC's revenue was $269.61 million, an increase of 11.08% compared to the previous year's $242.72 million. Earnings were $91.73 million, an increase of 36.09%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for OSBC stock is "Strong Buy." The 12-month stock price forecast is $17.83, which is an increase of 8.99% from the latest price.

Price Target
$17.83
(8.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Old Second Bancorp, Inc. Reports Second Quarter 2024 Net Income of $21.9 Million, or $0.48 per Diluted Share

AURORA, IL / ACCESSWIRE / July 17, 2024 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), toda...

4 days ago - Accesswire

O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Encore Consumer Capital in its Acquisition of Chalet Desserts

CHICAGO, IL / ACCESSWIRE / July 9, 2024 / O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), today announced that it provided senior secured credit facilities to support Encore ...

12 days ago - Accesswire

O2 Sponsor Finance Hires Sean Maher as Vice President

CHICAGO, IL / ACCESSWIRE / June 17, 2024 / O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), today announced that it has recently hired Sean Maher as Vice President, Underwriti...

4 weeks ago - Accesswire

Old Second Bancorp, Inc. Reports First Quarter 2024 Net Income of $21.3 Million, or $0.47 per Diluted Share

AURORA, IL / ACCESSWIRE / April 17, 2024 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), tod...

3 months ago - Accesswire

O2 Sponsor Finance provides Senior Secured Credit Facilities to Support Corridor Capital in its Acquisition of Association Headquarters

CHICAGO, IL / ACCESSWIRE / March 20, 2024 / O2 Sponsor Finance, a division of Old Second National Bank, today announced that it provided senior secured credit facilities to support Corridor Capital in...

4 months ago - Accesswire

Rankins Joins Old Second National Bank

AURORA, IL / ACCESSWIRE / March 7, 2024 / Old Second National Bank (NASDAQ:OSBC) welcomes the addition of Steve Rankins as a Senior Vice President/Senior Managing Director in our Commercial Banking Gr...

4 months ago - Accesswire

O2 Sponsor Finance Promotes Nick O'Brien to Senior Vice President

CHICAGO, IL / ACCESSWIRE / February 21, 2024 / O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), today announced that it has promoted Nick O'Brien to Senior Vice President. "We...

5 months ago - Accesswire

Old Second Bancorp, Inc. Reports Fourth Quarter 2023 Net Income of $18.2 Million, or $0.40 per Diluted Share

AURORA, IL / ACCESSWIRE / January 24, 2024 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), t...

6 months ago - Accesswire

Old Second Bancorp, Inc. Reports Third Quarter 2023 Net Income of $24.3 Million, or $0.54 per Diluted Share

AURORA, IL / ACCESSWIRE / October 18, 2023 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), t...

9 months ago - Accesswire

KBRA Releases Surveillance Report for Old Second Bancorp, Inc.

NEW YORK--(BUSINESS WIRE)-- #KBRA--On July 27, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Aurora, Illin...

1 year ago - Business Wire

KBRA Affirms Ratings for Old Second Bancorp, Inc.

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Aurora, Illinois based Old Secon...

1 year ago - Business Wire

Old Second Bancorp, Inc. Reports Second Quarter 2023 Net Income of $25.6 Million, or $0.56 per Diluted Share

AURORA, IL / ACCESSWIRE / July 19, 2023 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), toda...

1 year ago - Accesswire

Old Second Bancorp, Inc. Reports First Quarter 2023 Net Income of $23.6 Million, or $0.52 per Diluted Share

AURORA, IL / ACCESSWIRE / April 19, 2023 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), tod...

1 year ago - Accesswire

Old Second Bancorp, Inc. Reports Fourth Quarter 2022 Net Income of $23.6 Million, or $0.52 per Diluted Share

AURORA, IL / ACCESSWIRE / January 25, 2023 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), t...

1 year ago - Accesswire

Old Second Bancorp, Inc. Reports Third Quarter 2022 Net Income of $19.5 Million, or $0.43 per Diluted Share

AURORA, IL / ACCESSWIRE / October 26, 2022 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), t...

1 year ago - Accesswire

Old Second Receives "Outstanding" Community Reinvestment Act Rating

AURORA, IL / ACCESSWIRE / April 5, 2022 / Old Second Bancorp, Inc. (NASDAQ:OSBC) announced that its banking subsidiary, Old Second National Bank ("Old Second"), has again received an overall "Outstand...

2 years ago - Accesswire

Old Second Completes Merger with West Suburban

AURORA, IL / ACCESSWIRE / December 1, 2021 / Old Second Bancorp, Inc. (NASDAQ:OSBC) ("Old Second") announced today that it has completed its previously announced merger with West Suburban Bancorp, Inc...

2 years ago - Accesswire

Old Second and West Suburban Announce Shareholder Approval of Merger

AURORA and LOMBARD, IL / ACCESSWIRE / November 30, 2021 / Old Second Bancorp, Inc. (Nasdaq:OSBC) ("Old Second") and West Suburban Bancorp, Inc. ("West Suburban") jointly announced today that each has ...

2 years ago - Accesswire

Old Second Reports Third Quarter Net Income of $8.4 million, or $0.29 per Diluted Share

AURORA, Ill., Oct. 20, 2021 /PRNewswire/ -- Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ: OSBC), the parent company of Old Second National Bank (the "Bank"), t...

2 years ago - PRNewsWire

Old Second Bancorp, Inc. Announces Receipt of Regulatory Approvals to Complete its Merger Transaction with West Suburban Bancorp, Inc.

AURORA, Ill., Oct. 15, 2021 /PRNewswire/ -- Aurora, IL-based Old Second Bancorp, Inc. ("Old Second", NASDAQ: OSBC), the holding company for Old Second National Bank, announced today that it has receiv...

3 years ago - PRNewsWire

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Old Second Bancorp, Inc. - OSBC

NEW YORK, Oct. 1, 2021 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Acti...

3 years ago - PRNewsWire

Kaskela Law LLC Announces Shareholder Investigation of Old Second Bancorp, Inc. - OSBC

Philadelphia, Pennsylvania--(Newsfile Corp. - September 25, 2021) - Kaskela Law LLC announces that it is investigating Old Second Bancorp, Inc. ("Old Second") (NASDAQ: OSBC) of behalf of the company's...

3 years ago - Newsfile Corp

Notable Old Second Bancorp Insider Makes $117.84 Thousand Buy

Hugh Mclean, at Old Second Bancorp (NASDAQ:OSBC), made a large insider buy on September 3, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commissio...

3 years ago - Benzinga

Old Second Bancorp Announces the Appointment of New Director

AURORA, Ill., Aug. 25, 2021 /PRNewswire/ -- Old Second Bancorp, Inc. (the "Old Second) (NASDAQ: OSBC), the holding company for Old Second National Bank (the "Bank"), announced today that it has incre...

3 years ago - PRNewsWire

SHAREHOLDER ALERT: WeissLaw LLP Investigates West Suburban Bancorp, Inc.

NEW YORK, July 26, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of West Suburban Bancorp, Inc. ("West Su...

3 years ago - PRNewsWire