Old Second Bancorp (OSBC) to Release Quarterly Earnings on Wednesday

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

Old Second Bancorp (NASDAQ:OSBC - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The financial services provider reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). Old Second Bancorp had a return on equity of 12.87% and a net margin of 24.52%. 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 Old Second Bancorp stock traded up $0.20 on Thursday, reaching $19.04. The stock had a trading volume of 18,216 shares, compared to its average volume of 258,221. Old Second Bancorp has a 1 year low of $14.14 and a 1 year high of $19.46. The company has a market cap of $857.94 million, a P/E ratio of 10.40 and a beta of 0.81. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. The business's 50 day moving average is $17.11 and its two-hundred day moving average is $17.19.

Old Second Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, May 5th. Stockholders of record on Friday, April 25th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date was Friday, April 25th. Old Second Bancorp's payout ratio is 13.11%.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. grew its holdings 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 during the last quarter. Empowered Funds LLC boosted its holdings in shares of Old Second Bancorp by 38.7% during the 1st quarter. Empowered Funds LLC now owns 167,907 shares of the financial services provider's stock valued at $2,794,000 after buying an additional 46,890 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Old Second Bancorp during the 1st quarter valued at $1,378,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Old Second Bancorp by 4.3% in the 1st 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. Finally, Strs Ohio bought a new position in Old Second Bancorp in the 1st quarter worth about $88,000. 67.76% of the stock is owned by hedge funds and other institutional investors.

About Old Second Bancorp

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.