Old Second Bancorp, Inc. (OSBC) – What Are Researchers Thinking About This Stock?

Old Second Bancorp, Inc. (NASDAQ:OSBC) has earned an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $26.20.

OSBC has been the subject of a number of analyst reports. Raymond James Financial upgraded Old Second Bancorp from an “outperform” rating to a “strong-buy” rating and raised their price objective for the stock from $27.00 to $30.00 in a research report on Tuesday, October 6th. Piper Sandler reaffirmed an “overweight” rating and issued a $30.00 price objective (up from $26.00) on shares of Old Second Bancorp in a research note on Monday, July 27th. DA Davidson upped their target price on Old Second Bancorp from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Weiss Ratings raised shares of Old Second Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research report on Wednesday. Finally, Zacks Research downgraded shares of Old Second Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 31st.

More Old Second Bancorp News

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 approximately $0.55–$0.56 per diluted share, up from $28.2 million, or $0.54 per share, in the second quarter. The results also improved from the year-ago period. Old Second Bancorp Reports Third Quarter 2026 Net Income
• Positive Sentiment: The board declared a quarterly dividend of $0.08 per share, payable November 9, representing a 14.3% increase from the previous $0.07 payment. The new annualized dividend is $0.32 per share. Old Second Bancorp Announces Cash Dividend
• Positive Sentiment: An update to the company’s previously announced equity buyback plan indicates that repurchases remain an element of its capital-return strategy, potentially supporting per-share value. Old Second Bancorp Equity Buyback Plan Update
• Neutral Sentiment: Vice Chairman and director Gary Collins will resign effective October 31, 2026. The leadership change could draw investor attention, although no business impact was provided. Gary Collins Resignation Announcement
• Negative Sentiment: Quarterly revenue of $97.12 million missed the $98.22 million consensus estimate, while reported EPS of $0.55 missed analyst expectations ranging from $0.58 to $0.59. The earnings and revenue misses are the primary reasons investor sentiment appears weaker despite improving profitability. Old Second Bancorp Misses Q3 Earnings and Revenue Estimates

Insider Activity

In other news, CEO James Eccher sold 19,313 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $25.61, for a total transaction of $494,605.93. Following the completion of the sale, the chief executive officer directly owned 303,399 shares in the company, valued at $7,770,048.39. This represents a 5.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Darin Campbell sold 24,000 shares of the stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $25.53, for a total transaction of $612,720.00. Following the sale, the insider owned 250,589 shares of the company’s stock, valued at approximately $6,397,537.17. This trade represents a 8.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 149,000 shares of company stock valued at $3,809,117. 3.60% of the stock is currently owned by insiders.

Institutional Trading of Old Second Bancorp

A number of large investors have recently bought and sold shares of OSBC. Integrated Advisors Network LLC acquired a new position in Old Second Bancorp in the third quarter valued at approximately $553,000. USA Financial Formulas bought a new position in shares of Old Second Bancorp during the 3rd quarter worth approximately $73,000. Forum Financial Management LP boosted its holdings in shares of Old Second Bancorp by 15.4% during the 3rd quarter. Forum Financial Management LP now owns 237,367 shares of the financial services provider’s stock worth $5,813,000 after buying an additional 31,694 shares in the last quarter. Congress Asset Management Co. grew its position in shares of Old Second Bancorp by 21.4% during the 3rd quarter. Congress Asset Management Co. now owns 411,201 shares of the financial services provider’s stock worth $10,070,000 after buying an additional 72,551 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Old Second Bancorp during the 2nd quarter worth approximately $44,000. 67.76% of the stock is currently owned by institutional investors and hedge funds.

Old Second Bancorp Trading Down 0.6%

Shares of NASDAQ OSBC opened at $24.71 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.91 and a current ratio of 0.91. Old Second Bancorp has a 52-week low of $17.11 and a 52-week high of $26.06. The firm has a 50 day moving average price of $25.10 and a two-hundred day moving average price of $23.36. The stock has a market cap of $1.26 billion, a P/E ratio of 11.46 and a beta of 0.77.

Old Second Bancorp (NASDAQ:OSBC) last announced its earnings results on Wednesday, October 21st. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.03). The company had revenue of $97.12 million for the quarter, compared to the consensus estimate of $98.22 million. Old Second Bancorp had a return on equity of 12.69% and a net margin of 24.50%. As a group, equities analysts forecast that Old Second Bancorp will post 2.22 EPS for the current year.

Old Second Bancorp Increases Dividend

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

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.