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

Old Second Bancorp (NASDAQ:OSBC) announced its earnings results on Wednesday. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.03), FiscalAI reports. Old Second Bancorp had a return on equity of 12.79% and a net margin of 20.00%.The company had revenue of $93.77 million during the quarter, compared to analysts’ expectations of $94.80 million.

Old Second Bancorp Stock Performance

Old Second Bancorp stock opened at $21.21 on Thursday. The firm has a fifty day simple moving average of $20.33 and a two-hundred day simple moving average of $19.64. Old Second Bancorp has a twelve month low of $15.01 and a twelve month high of $22.43. The company has a market capitalization of $1.10 billion, a PE ratio of 13.01 and a beta of 0.74. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.11.

Old Second Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Friday, May 1st will be paid a $0.07 dividend. The ex-dividend date of this dividend is Friday, May 1st. This represents a $0.28 annualized dividend and a yield of 1.3%. Old Second Bancorp’s payout ratio is currently 17.18%.

Key Headlines Impacting Old Second Bancorp

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

• Positive Sentiment: Board declared a quarterly cash dividend of $0.07 per share (record May 1, pay May 11), implying a ~1.3% yield — provides income support for the share price and signals confidence in capital distribution.
• Neutral Sentiment: Top-line roughly in line: Revenue was reported at $93.77M vs. analyst expectations near $94.8M, so business activity broadly met forecasts even if slightly below consensus. Old Second Bancorp’s (NASDAQ:OSBC) Q1 CY2026 earnings results: Revenue in line with expectations
• Neutral Sentiment: Profitability metrics remain solid: reported return on equity ~12.8% and net margin ~20%, which support the bank’s earnings power despite the quarter’s misses. View Press Release
• Negative Sentiment: EPS missed consensus: reported $0.49 per share vs. the ~$0.52 consensus (Zacks notes the miss), which is the primary driver of the negative market reaction today as investors penalize the shortfall. Old Second Bancorp (OSBC) Q1 Earnings Miss Estimates
• Negative Sentiment: Net income fell sequentially: the company reported net income of $25.6M (or $0.48 diluted) vs. $28.8M ($0.54) in the prior quarter, highlighting quarter-to-quarter pressure on results. Old Second Bancorp, Inc. Reports First Quarter 2026 Net Income of $25.6 Million

Wall Street Analyst Weigh In

OSBC has been the subject of several research reports. DA Davidson upped their target price on shares of Old Second Bancorp from $22.00 to $23.00 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. Stephens initiated 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. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Old Second Bancorp in a research report on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Old Second Bancorp has a consensus rating of “Moderate Buy” and a consensus target price of $23.38.

Insider Transactions at Old Second Bancorp

In other Old Second Bancorp news, EVP Richard A. Gartelmann, Jr. sold 2,000 shares of the business’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $20.98, for a total value of $41,960.00. Following the transaction, the executive vice president owned 24,874 shares in the company, valued at approximately $521,856.52. The trade was a 7.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Darin Patrick Campbell sold 35,000 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $20.94, for a total transaction of $732,900.00. Following the completion of the transaction, the insider owned 274,589 shares in the company, valued at $5,749,893.66. The trade was a 11.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 37,091 shares of company stock worth $776,744 in the last 90 days. Corporate insiders own 3.80% of the company’s stock.

Hedge Funds Weigh In On Old Second Bancorp

Hedge funds have recently modified their holdings of the company. Brevan Howard Capital Management LP purchased a new position in shares of Old Second Bancorp in the third quarter valued at about $296,000. Mariner LLC increased its position in shares of Old Second Bancorp by 39.0% in the third quarter. Mariner LLC now owns 16,380 shares of the financial services provider’s stock valued at $283,000 after acquiring an additional 4,600 shares during the period. Mercer Global Advisors Inc. ADV increased its position in shares of Old Second Bancorp by 11.8% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 14,445 shares of the financial services provider’s stock valued at $282,000 after acquiring an additional 1,520 shares during the period. New York State Common Retirement Fund increased its position in shares of Old Second Bancorp by 25.3% in the fourth quarter. New York State Common Retirement Fund now owns 14,366 shares of the financial services provider’s stock valued at $280,000 after acquiring an additional 2,900 shares during the period. Finally, Quantinno Capital Management LP purchased a new position in shares of Old Second Bancorp in the second quarter valued at about $278,000. Hedge funds and other institutional investors own 67.76% of the company’s stock.

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.