Old Second Bancorp (OSBC) Expected to Announce Earnings on Wednesday

Old Second Bancorp (NASDAQ:OSBC - Get Free Report) is anticipated 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 released its quarterly 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). The firm had revenue of $73.57 million for the quarter, compared to analysts' expectations of $60.00 million. Old Second Bancorp had a net margin of 24.52% and a return on equity of 12.87%. 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 Stock Performance

NASDAQ:OSBC traded up $0.17 during trading hours on Thursday, hitting $19.01. 183,093 shares of the company were exchanged, compared to its average volume of 259,348. The company's 50 day moving average price is $17.17 and its 200-day moving average price is $17.20. 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 current ratio of 0.85 and a quick ratio of 0.85. The stock has a market capitalization of $856.59 million, a price-to-earnings ratio of 10.39 and a beta of 0.81.

Old Second Bancorp Announces Dividend

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

Institutional Trading of Old Second Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of OSBC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of 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 valued at $430,000 after acquiring an additional 1,067 shares during the last quarter. Strs Ohio acquired a new position in Old Second Bancorp in the first quarter valued at approximately $88,000. Empowered Funds LLC increased its stake in 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 valued at $2,794,000 after purchasing an additional 46,890 shares during the last quarter. Jane Street Group LLC acquired a new stake in Old Second Bancorp during the first quarter worth approximately $1,378,000. Finally, Goldman Sachs Group Inc. lifted its position in shares of Old Second Bancorp by 74.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,478,332 shares of the financial services provider's stock worth $24,599,000 after buying an additional 630,265 shares during the last quarter. 67.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have commented on OSBC shares. Piper Sandler reissued an "overweight" rating and set a $24.50 target price (up previously from $22.00) on shares of Old Second Bancorp in a report on Wednesday, July 2nd. Stephens dropped their price target on shares of 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. Wall Street Zen lowered Old Second Bancorp from a "hold" rating to a "sell" rating in a research report on Saturday, June 28th. Finally, Keefe, Bruyette & Woods reduced their target price 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. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Old Second Bancorp has a consensus rating of "Moderate Buy" and an average target price 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.