Old Second Bancorp (NASDAQ:OSBC) Announces Earnings Results

Old Second Bancorp (NASDAQ:OSBC) announced its quarterly earnings results on Wednesday. The financial services provider reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.03), FiscalAI reports. The company had revenue of $97.12 million during the quarter, compared to analyst estimates of $98.22 million. Old Second Bancorp had a net margin of 20.22% and a return on equity of 12.79%.

Old Second Bancorp Trading Down 0.9%

Shares of OSBC stock opened at $24.87 on Thursday. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 14.29 and a beta of 0.77. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.08. Old Second Bancorp has a fifty-two week low of $17.11 and a fifty-two week high of $26.06. The firm’s 50 day moving average price is $25.12 and its two-hundred day moving average price is $23.34.

Old Second Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 30th will be issued a $0.08 dividend. The ex-dividend date is Friday, October 30th. This is a positive change from Old Second Bancorp’s previous quarterly dividend of $0.07. This represents a $0.32 annualized dividend and a yield of 1.3%. Old Second Bancorp’s payout ratio is 16.09%.

Old Second Bancorp News Roundup

Here are the key news stories impacting Old Second Bancorp this week:

• Positive Sentiment: Old Second reported third-quarter net income of $28.9 million, or $0.56 per diluted share, compared with $28.2 million, or $0.54 per share, in the second quarter. Earnings also increased from $0.53 per share a year earlier. Old Second Bancorp Reports Third Quarter 2026 Net Income
• Positive Sentiment: The company declared a quarterly dividend of $0.08 per share, up 14.3% from $0.07 previously. The payment is scheduled for November 9, with an annualized dividend of $0.32 and a yield of approximately 1.3%. Old Second Bancorp Declares Cash Dividend
• Neutral Sentiment: Vice Chairman and director Gary Collins will resign effective October 31, 2026. The leadership change may receive investor attention, although no broader strategic implications were provided. Gary Collins Resignation Announcement
• Negative Sentiment: Third-quarter revenue was approximately $97.1 million, below the $98.2 million analyst consensus, while reported EPS of $0.55–$0.56 missed estimates ranging from $0.58 to $0.59. The shortfalls suggest modestly weaker-than-expected operating performance and are the primary reason for the negative market reaction. Old Second Bancorp Misses Q3 Earnings and Revenue Estimates

Analysts Set New Price Targets

Several brokerages have recently issued reports on OSBC. Piper Sandler reissued an “overweight” rating and set a $30.00 price objective (up from $26.00) on shares of Old Second Bancorp in a research note on Monday, July 27th. Zacks Research lowered Old Second Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 31st. Weiss Ratings upgraded Old Second Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a report on Wednesday. Raymond James Financial upgraded Old Second Bancorp from an “outperform” rating to a “strong-buy” rating and lifted their target price for the company from $27.00 to $30.00 in a report on Tuesday, October 6th. Finally, DA Davidson boosted their price target on Old Second Bancorp from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Old Second Bancorp currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.20.

Insiders Place Their Bets

In other news, insider Darin Campbell sold 24,000 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $25.53, for a total value of $612,720.00. Following the completion of the sale, the insider owned 250,589 shares of the company’s stock, valued at $6,397,537.17. This represents a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Hugh McLean sold 25,000 shares of the stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $25.63, for a total transaction of $640,750.00. Following the completion of the sale, the director directly owned 135,351 shares of the company’s stock, valued at $3,469,046.13. The trade was a 15.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 149,000 shares of company stock worth $3,809,117 over the last ninety days. 3.60% of the stock is owned by company insiders.

Old Second Bancorp Company Profile

Old Second Bancorp, Inc is a bank holding company headquartered in Aurora, Illinois. Through its principal subsidiary, Old Second National Bank, the company provides banking and financial services to individuals, families, businesses and governmental entities.

Its offerings include checking and savings accounts, certificates of deposit, residential and commercial real estate lending, commercial and industrial loans, consumer loans, treasury management and cash-management services. The bank also provides wealth management, trust and investment-related services through its financial services operations.

Founded in 1871, Old Second has a long history of serving communities in northern Illinois, including the Fox Valley and Chicago metropolitan area.