Old Second Bancorp (NASDAQ:OSBC) Posts Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Old Second Bancorp (NASDAQ:OSBC) issued its earnings results on Wednesday. The financial services provider reported $0.49 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.03), FiscalAI reports. The firm had revenue of $93.77 million during the quarter, compared to analyst estimates of $94.80 million. Old Second Bancorp had a net margin of 20.07% and a return on equity of 12.92%.

Old Second Bancorp Price Performance

OSBC stock traded up $0.10 during trading on Friday, reaching $19.95. 55,198 shares of the company were exchanged, compared to its average volume of 385,625. The company has a 50-day moving average of $20.32 and a two-hundred day moving average of $19.64. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 11.90 and a beta of 0.74. Old Second Bancorp has a twelve month low of $15.27 and a twelve month high of $22.43. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.91 and a quick ratio of 0.91.

Old Second Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Friday, May 1st will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, May 1st. Old Second Bancorp’s dividend payout ratio is currently 17.18%.

Insider Buying and Selling

In related news, EVP Richard A. Gartelmann, Jr. sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $20.98, for a total transaction of $41,960.00. Following the completion of the transaction, the executive vice president directly owned 24,874 shares in the company, valued at $521,856.52. This represents a 7.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Darin Patrick Campbell sold 35,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $20.94, for a total transaction of $732,900.00. Following the transaction, the insider owned 274,589 shares of the company’s stock, valued at approximately $5,749,893.66. This represents a 11.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 37,091 shares of company stock valued at $776,744. 3.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Old Second Bancorp

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Old Second Bancorp by 20.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,269,993 shares of the financial services provider’s stock worth $56,522,000 after purchasing an additional 553,169 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Old Second Bancorp by 2.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,260,874 shares of the financial services provider’s stock valued at $44,087,000 after acquiring an additional 55,990 shares during the period. FJ Capital Management LLC increased its position in Old Second Bancorp by 4.5% in the 3rd quarter. FJ Capital Management LLC now owns 1,919,934 shares of the financial services provider’s stock valued at $33,186,000 after acquiring an additional 82,601 shares during the period. State Street Corp increased its position in Old Second Bancorp by 12.6% in the 4th quarter. State Street Corp now owns 1,539,419 shares of the financial services provider’s stock valued at $30,019,000 after acquiring an additional 171,941 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in Old Second Bancorp by 74.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,478,332 shares of the financial services provider’s stock valued at $24,599,000 after acquiring an additional 630,265 shares during the period. 67.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Stephens assumed coverage on shares of Old Second Bancorp in a research report on Friday, March 27th. They issued an “overweight” rating and a $23.00 target price for the company. DA Davidson boosted their target price on shares of Old Second Bancorp from $22.00 to $23.00 and gave the company a “neutral” rating in a research report on Friday, January 23rd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Old Second Bancorp in a research report on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Old Second Bancorp has a consensus rating of “Moderate Buy” and a consensus target price of $23.38.

Trending Headlines about Old Second Bancorp

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

• Positive Sentiment: Brokerages assign an average rating of “Moderate Buy,” providing third‑party support for the stock. Old Second Bancorp Receives Average Rating of Moderate Buy
• Positive Sentiment: Management highlighted profitability and margin strength (solid ROE and net margin), which helped offset other headwinds and reassured investors about franchise profitability. Q1 2026 Earnings Call Highlights
• Neutral Sentiment: Board declared a quarterly dividend of $0.07 per share (annualized ~1.3%), a modest cash return that supports income investors but is not a major yield. (Company disclosure)
• Neutral Sentiment: Management guidance: expects controlled expense growth of about 3%–4% while targeting mid‑single‑digit loan growth — signals disciplined expense management but only modest top‑line expansion. Expense Growth and Loan Growth Guidance
• Neutral Sentiment: Full earnings call/transcript is available for detail on credit trends, margin drivers and management commentary for investors doing deeper analysis. Earnings Call Transcript
• Negative Sentiment: Q1 EPS of $0.49 missed consensus (~$0.52) and revenue of $93.77M was slightly below estimates — a near‑term earnings miss that weighs on short‑term sentiment. Q1 Earnings Miss Estimates
• Negative Sentiment: Net income and diluted EPS were down sequentially vs. the prior quarter (company reported $25.6M net income, $0.48 diluted EPS), highlighting near‑term pressure on profitability despite solid margins. Company Press Release: Q1 Net Income
• Negative Sentiment: Credit costs and provisioning remain watch items — analysts and deep dives note that credit trends could offset margin gains if asset quality weakens. Q1 Deep Dive: Credit Costs and Margin Strength

Old Second Bancorp Company Profile

Old Second Bancorp, Inc is a bank holding company based in Aurora, Illinois, serving businesses and consumers through its primary subsidiary, Old Second National Bank. The company provides a broad range of commercial and retail banking services across the suburban Chicago marketplace, supported by a branch network and online platforms designed to meet the financial needs of local communities.

In its commercial banking division, Old Second offers lending solutions that include lines of credit, term loans, equipment financing and commercial real estate financing.