Brokers Set Expectations for OSBC FY2026 Earnings

Old Second Bancorp, Inc. (NASDAQ:OSBC) – Equities researchers at DA Davidson issued their FY2026 earnings per share estimates for Old Second Bancorp in a research note issued on Wednesday, February 26th. DA Davidson analyst J. Rulis forecasts that the financial services provider will post earnings of $2.15 per share for the year. The consensus estimate for Old Second Bancorp’s current full-year earnings is $1.86 per share.

Old Second Bancorp (NASDAQ:OSBC) last announced its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.04). Old Second Bancorp had a net margin of 24.95% and a return on equity of 13.73%.

OSBC has been the topic of several other research reports. Keefe, Bruyette & Woods boosted their price objective on shares of Old Second Bancorp from $22.00 to $24.00 and gave the stock an “outperform” rating in a report on Thursday. Stephens increased their price objective on shares of Old Second Bancorp from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Raymond James raised shares of Old Second Bancorp from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, December 19th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Old Second Bancorp presently has an average rating of “Buy” and an average price target of $20.90.

Old Second Bancorp Stock Up 0.2 %

OSBC opened at $18.17 on Friday. The business has a 50 day moving average price of $18.33 and a 200 day moving average price of $17.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.84 and a current ratio of 0.84. Old Second Bancorp has a twelve month low of $13.00 and a twelve month high of $19.46. The firm has a market cap of $814.98 million, a P/E ratio of 9.72 and a beta of 1.07.

Old Second Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, January 31st were paid a $0.06 dividend. The ex-dividend date was Friday, January 31st. This represents a $0.24 dividend on an annualized basis and a yield of 1.32%. Old Second Bancorp’s payout ratio is 12.83%.

Insiders Place Their Bets

In related news, Director Rocks Patti Temple acquired 5,625 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The shares were acquired at an average cost of $17.79 per share, with a total value of $100,068.75. Following the transaction, the director now owns 18,679 shares of the company’s stock, valued at $332,299.41. The trade was a 43.09 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.80% of the company’s stock.

Hedge Funds Weigh In On Old Second Bancorp

Several hedge funds have recently modified their holdings of the stock. Quarry LP grew its holdings in Old Second Bancorp by 70.1% during the fourth quarter. Quarry LP now owns 2,363 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 974 shares during the period. R Squared Ltd bought a new stake in Old Second Bancorp in the 4th quarter valued at about $96,000. Quantbot Technologies LP grew its position in Old Second Bancorp by 134.0% during the third quarter. Quantbot Technologies LP now owns 6,264 shares of the financial services provider’s stock worth $98,000 after buying an additional 3,587 shares in the last quarter. Point72 DIFC Ltd acquired a new stake in shares of Old Second Bancorp during the 3rd quarter worth $101,000. Finally, Aquatic Capital Management LLC increased its holdings in Old Second Bancorp by 47.3% in the 4th quarter. Aquatic Capital Management LLC now owns 7,956 shares of the financial services provider’s stock valued at $141,000 after buying an additional 2,556 shares during the period. Institutional investors own 67.76% of the company’s stock.

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.