Old Second Bancorp (NASDAQ:OSBC) Raised to Strong-Buy at Zacks Research

Posted by Stanley Muller on Aug 1st, 2026

Old Second Bancorp (NASDAQ:OSBC – Get Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

A number of other equities research analysts also recently weighed in on OSBC. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Old Second Bancorp in a research report on Friday, May 29th. Piper Sandler reissued an “overweight” rating and issued a $30.00 target price (up from $26.00) on shares of Old Second Bancorp in a report on Monday. Raymond James Financial initiated coverage on Old Second Bancorp in a research report on Tuesday, July 7th. They set an “outperform” rating and a $26.00 price target on the stock. Finally, DA Davidson boosted their price objective 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, five have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $25.40.

Check Out Our Latest Analysis on Old Second Bancorp

Old Second Bancorp Stock Performance

Shares of OSBC opened at $25.29 on Thursday. The stock has a market capitalization of $1.30 billion, a PE ratio of 14.53 and a beta of 0.70. The business’s fifty day moving average price is $22.77 and its 200 day moving average price is $21.26. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.90 and a quick ratio of 0.90. Old Second Bancorp has a 12-month low of $16.42 and a 12-month high of $25.67.

Old Second Bancorp (NASDAQ:OSBC – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The financial services provider reported $0.55 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.55. Old Second Bancorp had a net margin of 20.22% and a return on equity of 12.85%. The company had revenue of $96.59 million for the quarter, compared to analysts’ expectations of $94.88 million. Equities research analysts forecast that Old Second Bancorp will post 2.2 EPS for the current year.

Institutional Investors Weigh In On Old Second Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the business. Harbour Investments Inc. acquired a new stake in Old Second Bancorp during the fourth quarter valued at approximately $26,000. EverSource Wealth Advisors LLC boosted its position in shares of Old Second Bancorp by 458.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,480 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 1,215 shares during the period. Rockefeller Capital Management L.P. purchased a new position in Old Second Bancorp in the 4th quarter worth about $27,000. Parkside Financial Bank & Trust purchased a new position in Old Second Bancorp in the 4th quarter worth about $45,000. Finally, Clearstead Advisors LLC raised its holdings in Old Second Bancorp by 793.8% during the 4th quarter. Clearstead Advisors LLC now owns 2,431 shares of the financial services provider’s stock worth $47,000 after buying an additional 2,159 shares during the period. 67.76% of the stock is currently owned by institutional investors.

Old Second Bancorp Company Profile

(Get Free Report)

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.