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

Old Second Bancorp (NASDAQ:OSBC - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data 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 announced its earnings results on Wednesday, April 23rd. The financial services provider reported $0.45 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates 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

OSBC traded down $0.31 during trading on Friday, hitting $18.71. The company's stock had a trading volume of 130,957 shares, compared to its average volume of 259,062. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $842.77 million, a price-to-earnings ratio of 10.22 and a beta of 0.81. The firm's 50 day moving average price is $17.17 and its two-hundred day moving average price is $17.20. Old Second Bancorp has a 12 month low of $14.14 and a 12 month high of $19.46.

Old Second Bancorp Announces Dividend

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

Institutional Investors Weigh In On Old Second Bancorp

A number of institutional investors have recently made changes to their positions in the stock. Strs Ohio bought a new position in shares of Old Second Bancorp during the first quarter worth $88,000. Jane Street Group LLC acquired a new stake in Old Second Bancorp during the 1st quarter worth $1,378,000. Empowered Funds LLC lifted its holdings in Old Second Bancorp by 38.7% during the first quarter. Empowered Funds LLC now owns 167,907 shares of the financial services provider's stock worth $2,794,000 after acquiring an additional 46,890 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in 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 valued at $24,599,000 after acquiring an additional 630,265 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in 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 valued at $430,000 after acquiring an additional 1,067 shares during the period. 67.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

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.