Old Second Bancorp, Inc reports results for the quarter ended June 30 - Earnings Summary
Old Second Bancorp, Inc reports results for the quarter ended June 30 - Earnings Summary
Old Second Bancorp, Inc OSBC.OQ reported quarterly adjusted earnings of 54 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 48 cents. The mean expectation of five analysts for the quarter was for earnings of 55 cents per share. Wall Street expected results to range from 52 cents to 56 cents per share.
Revenue rose 28.6% to $96.59 million from a year ago; analysts expected $94.84 million.
Old Second Bancorp, Inc's reported EPS for the quarter was 54 cents.
The company reported quarterly net income of $28.18 million.
Old Second Bancorp, Inc shares had risen by 1.5% this quarter and gained 21.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.3% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Old Second Bancorp, Inc is $25.00, about 5.3% above its last closing price of $23.68
This summary was machine generated from LSEG data July 22 at 09:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.55 | 0.54 | Missed |
Mar. 31 2026 | 0.51 | 0.48 | Missed |
Dec. 31 2025 | 0.50 | 0.54 | Beat |
Sep. 30 2025 | 0.36 | 0.18 | Missed |
Recent news on Old Second Bancorp
See all newsOld Second Bancorp, Inc reports results for the quarter ended September 30 - Earnings Summary
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Old Second Bancorp, Inc reports results for the quarter ended June 30 - Earnings Summary