Old Second BancorpOSBC
OSBC
About: Old Second Bancorp Inc is a bank holding company. It provides consumer and commercial banking products such as demand, money market, savings, time deposit, and individual retirement as well as commercial, industrial, consumer, and real estate lending, including installment loans, student loans, agricultural loans, lines of credit and overdraft checking, safe deposit operations, trust services, wealth management services, and additional services tailored to the needs of individual customers, corporates, small-medium enterprises. The Company has one operating segment, which is community banking. The company's revenue consists of interest, commission, payments, and other income.
Employees: 877
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
74% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 43
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
12% more capital invested
Capital invested by funds: $512M [Q3] → $572M (+$60M) [Q4]
2% more funds holding
Funds holding: 174 [Q3] → 177 (+3) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
1.51% less ownership
Funds ownership: 73.25% [Q3] → 71.74% (-1.51%) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$22
31%
upside
Avg. target
$23
37%
upside
High target
$24
43%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Christopher Mcgratty 50% 1-year accuracy 8 / 16 met price target | 43%upside $24 | Outperform Maintained | 27 Feb 2025 |
Stephens & Co. Terry McEvoy 39% 1-year accuracy 11 / 28 met price target | 31%upside $22 | Overweight Maintained | 26 Feb 2025 |
Financial journalist opinion
Neutral
Accesswire
3 weeks ago
O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Branford Castle Partners' Acquisition of Hoffman Engineering
CHICAGO, IL / ACCESS Newswire / March 6, 2025 / O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), capped off a busy 2024 with new financing activity. O2 Sponsor Finance provided senior secured credit facilities to support Branford Castle Partners ("Branford Castle") in its acquisition of Hoffman Engineering ("Hoffman").
Positive
Zacks Investment Research
1 month ago
OSBC to Expand Chicago Presence With $197M Bancorp Financial Buyout
Old Second National Bancorp is set to buy Bancorp Financial for $197 million to expand in the Chicago region. It is set to be 16% accretive to 2026 earnings.
Neutral
Business Wire
1 month ago
KBRA Comments on Old Second Bancorp, Inc.'s Proposed Acquisition of Bancorp Financial, Inc.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On February 25, 2025, Old Second Bancorp, Inc. (NASDAQ: OSBC) ("Old Second" or "the company") (KBRA senior unsecured debt rating: BBB / Stable Outlook), the parent company of Old Second National Bank, announced a definitive merger agreement with privately-owned Bancorp Financial, Inc., the parent company of Evergreen Bank Group ("Evergreen"). Under the agreement, Bancorp Financial, Inc. would merge with and into OSBC in a stock-and-cash transaction (75% stock / 25% ca.
Neutral
Accesswire
1 month ago
Old Second and Evergreen Bank Group Announce Strategic Combination
AURORA AND OAK BROOK, IL / ACCESS Newswire / February 25, 2025 / Old Second Bancorp, Inc. (NASDAQ:OSBC) ("Old Second") and Bancorp Financial, Inc. ("Bancorp Financial", "Evergreen Bank") jointly announced today the signing of a definitive merger agreement for Old Second to acquire Bancorp Financial and its wholly-owned bank subsidiary, Evergreen Bank Group, in a cash and stock transaction. Under the terms of the merger agreement, which was unanimously approved by the Boards of Directors of both companies, Bancorp Financial stockholders will receive 2.5814 shares of Old Second common stock and $15.93 in cash for each share of Bancorp Financial's common stock, for total consideration consisting of approximately 75% stock and 25% cash.
Neutral
Accesswire
1 month ago
O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Mangrove Equity Partners Acquisition of A&R Sealcoating
CHICAGO, IL / ACCESS Newswire / February 20, 2025 / O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), today announced that it provided senior secured credit facilities to support Mangrove Equity Partners ("Mangrove") in its acquisition of A&R Sealcoating LLC ("A&R"), a Southeast Michigan-based leading provider of pavement repair and maintenance solutions. Founded in 1985 by Rocky Ricelli and headquartered in Waterford, Michigan, A&R is a leading provider of maintenance and repair pavement solutions for commercial and residential end markets.
Neutral
Seeking Alpha
2 months ago
Old Second Bancorp, Inc. (OSBC) Q4 2024 Earnings Call Transcript
Old Second Bancorp, Inc. (NASDAQ:OSBC ) Q4 2024 Results Conference Call January 23, 2025 10:00 AM ET Company Participants Jim Eccher - Chairman, President and Chief Executive Officer Brad Adams - Chief Operating Officer and Chief Financial Officer Gary Collins - Vice Chairman of Board Conference Call Participants Jeff Rulis - D.A. Davidson Nathan Race - Piper Sandler David Long - Raymond James Brandon Rud - Stephens Inc. Chris McGratty - KBW Brian Martin - Janney Montgomery Scott Kevin Roth - Black Maple Capital Operator Good morning, everyone, and thank you for joining us today for Old Second Bancorp, Inc. Fourth Quarter 2024 Earnings Call.
Positive
Zacks Investment Research
2 months ago
Old Second Bancorp (OSBC) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Old Second Bancorp (OSBC) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
2 months ago
Old Second Bancorp (OSBC) Misses Q4 Earnings Estimates
Old Second Bancorp (OSBC) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.42 per share a year ago.
Neutral
Accesswire
2 months ago
Old Second Bancorp, Inc. Reports Fourth Quarter 2024 Net Income of $19.1 Million, or $0.42 per Diluted Share
AURORA, IL / ACCESS Newswire / January 22, 2025 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), today announced financial results for the fourth quarter of 2024. Our net income was $19.1 million, or $0.42 per diluted share, for the fourth quarter of 2024, compared to net income of $23.0 million, or $0.50 per diluted share, for the third quarter of 2024, and net income of $18.2 million, or $0.40 per diluted share, for the fourth quarter of 2023.
Positive
Zacks Investment Research
2 months ago
Is Old Second Bancorp (OSBC) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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