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Old Second Bancorp NasdaqGS:OSBC Stock Report

Last Price

US$18.56

Market Cap

US$806.9m

7D

14.3%

1Y

35.3%

Updated

11 Nov, 2024

Data

Company Financials +

Old Second Bancorp, Inc.

NasdaqGS:OSBC Stock Report

Market Cap: US$806.9m

OSBC Stock Overview

Operates as the bank holding company for Old Second National Bank that provides community banking services.

About the company

OSBC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends2/6

Rewards

Trading at 48.5% below our estimate of its fair value
Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 1.1% per year for the next 3 years

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Earnings Slump And Costly Credit Woes Threaten Future Growth For The Bank

Key Takeaways Weak loan demand and rising interest expenses could compress net interest margins, impacting revenue and earnings. Expense discipline prioritizes short-term returns over growth initiatives, potentially limiting long-term earnings growth potential.
View narrative
US$19.75
FV
6.0% undervalued intrinsic discount
-4.46%
Revenue growth p.a.
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5 days ago author updated this narrative

Old Second Bancorp, Inc. Competitors

NB Bancorp

NasdaqCM:NBBK

US$858.4m

Bank First

NasdaqCM:BFC

US$1.1b

Business First Bancshares

NasdaqGS:BFST

US$860.5m

CrossFirst Bankshares

NasdaqGS:CFB

US$842.1m

Price History & Performance

Summary of all time highs, changes and price drops for Old Second Bancorp
Historical stock prices
Current Share PriceUS$18.56
52 Week HighUS$18.45
52 Week LowUS$13.00
Beta1.06
11 Month Change19.82%
3 Month Change18.90%
1 Year Change35.28%
33 Year Change35.57%
5 Year Change50.53%
Change since IPO358.27%

Recent News & Updates

Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be Increased To $0.06

Oct 19
Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be Increased To $0.06

Recent updates

Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be Increased To $0.06

Oct 19
Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be Increased To $0.06

Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be $0.05

Jul 20
Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be $0.05

Old Second Bancorp (NASDAQ:OSBC) Is Paying Out A Dividend Of $0.05

Apr 21
Old Second Bancorp (NASDAQ:OSBC) Is Paying Out A Dividend Of $0.05

Here's Why We Think Old Second Bancorp (NASDAQ:OSBC) Is Well Worth Watching

Jan 30
Here's Why We Think Old Second Bancorp (NASDAQ:OSBC) Is Well Worth Watching

Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be $0.05

Oct 21
Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be $0.05

Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be $0.05

Jul 22
Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be $0.05

Old Second Bancorp (NASDAQ:OSBC) Has Announced A Dividend Of $0.05

Apr 21
Old Second Bancorp (NASDAQ:OSBC) Has Announced A Dividend Of $0.05

Rainbows and Unicorns: Old Second Bancorp, Inc. (NASDAQ:OSBC) Analysts Just Became A Lot More Optimistic

Jan 28
Rainbows and Unicorns: Old Second Bancorp, Inc. (NASDAQ:OSBC) Analysts Just Became A Lot More Optimistic

Old Second Bancorp (NASDAQ:OSBC) Has Affirmed Its Dividend Of $0.05

Jan 21
Old Second Bancorp (NASDAQ:OSBC) Has Affirmed Its Dividend Of $0.05

Old Second Bancorp Expects Big Gains From Higher Rates, Inflation

Sep 26

O2 Sponsor Finance provides senior secured credit facilities to support Prospect Partners' recapitalization of Blackwood Solutions

Sep 19

Old Second Bancorp declares $0.05 dividend

Jul 21

Old Second Bancorp (NASDAQ:OSBC) Is Due To Pay A Dividend Of US$0.05

Apr 23
Old Second Bancorp (NASDAQ:OSBC) Is Due To Pay A Dividend Of US$0.05

Shareholder Returns

OSBCUS BanksUS Market
7D14.3%11.5%5.7%
1Y35.3%63.9%36.9%

Return vs Industry: OSBC underperformed the US Banks industry which returned 60.2% over the past year.

Return vs Market: OSBC underperformed the US Market which returned 36.3% over the past year.

Price Volatility

Is OSBC's price volatile compared to industry and market?
OSBC volatility
OSBC Average Weekly Movement5.0%
Banks Industry Average Movement5.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.3%
10% least volatile stocks in US Market3.0%

Stable Share Price: OSBC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: OSBC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981834Jim Eccherwww.oldsecond.com

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.

Old Second Bancorp, Inc. Fundamentals Summary

How do Old Second Bancorp's earnings and revenue compare to its market cap?
OSBC fundamental statistics
Market capUS$806.91m
Earnings (TTM)US$84.38m
Revenue (TTM)US$264.07m

9.9x

P/E Ratio

1.3x

P/B Ratio

Is OSBC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OSBC income statement (TTM)
RevenueUS$264.07m
Cost of RevenueUS$0
Gross ProfitUS$264.07m
Other ExpensesUS$179.69m
EarningsUS$84.38m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.88
Gross Margin100.00%
Net Profit Margin31.95%
Debt/Equity Ratio72.3%

How did OSBC perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

11%

Payout Ratio