Old Second Bancorp (OSBC) to Release Earnings on Wednesday

Old Second Bancorp (NASDAQ:OSBC - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Wednesday, July 16th. Analysts expect Old Second Bancorp to post earnings of $0.49 per share and revenue of $63.58 million for the quarter.

Old Second Bancorp (NASDAQ:OSBC - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.01). Old Second Bancorp had a net margin of 24.52% and a return on equity of 12.87%. The business had revenue of $73.57 million for the quarter, compared to the consensus estimate of $60.00 million. On average, analysts expect Old Second Bancorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Old Second Bancorp Price Performance

Shares of NASDAQ:OSBC traded down $0.31 during trading hours on Friday, hitting $18.70. 187,507 shares of the company's stock traded hands, compared to its average volume of 258,062. Old Second Bancorp has a 52 week low of $14.14 and a 52 week high of $19.46. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 0.85. The company's fifty day simple moving average is $17.22 and its two-hundred day simple moving average is $17.20. The company has a market cap of $842.62 million, a price-to-earnings ratio of 10.22 and a beta of 0.81.

Old Second Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 5th. Stockholders of record on Friday, April 25th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, April 25th. This represents a $0.24 annualized dividend and a dividend yield of 1.28%. Old Second Bancorp's dividend payout ratio (DPR) is 13.11%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Old Second Bancorp from a "hold" rating to a "sell" rating in a research report on Saturday, June 28th. Keefe, Bruyette & Woods decreased their target price on shares of Old Second Bancorp from $24.00 to $22.00 and set an "outperform" rating for the company in a report on Friday, April 25th. Piper Sandler reiterated an "overweight" rating and issued a $24.50 target price (up from $22.00) on shares of Old Second Bancorp in a report on Wednesday, July 2nd. Finally, Stephens decreased their target price on shares of Old Second Bancorp from $22.00 to $20.00 and set an "overweight" rating for the company in a report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $20.50.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its position in shares of Old Second Bancorp by 74.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,478,332 shares of the financial services provider's stock worth $24,599,000 after purchasing an additional 630,265 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Old Second Bancorp in the first quarter worth approximately $1,378,000. Empowered Funds LLC lifted its position in shares of Old Second Bancorp by 38.7% in the first quarter. Empowered Funds LLC now owns 167,907 shares of the financial services provider's stock worth $2,794,000 after purchasing an additional 46,890 shares in the last quarter. Strs Ohio purchased a new stake in shares of Old Second Bancorp in the first quarter worth approximately $88,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Old Second Bancorp by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,864 shares of the financial services provider's stock worth $430,000 after purchasing an additional 1,067 shares in the last quarter. 67.76% of the stock is currently owned by institutional investors and hedge funds.

Old Second Bancorp Company Profile

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, including motor vehicle, home improvement, and signature loans; installment and agricultural loans; residential mortgages; and overdraft checking.