What is DA Davidson’s Forecast for OSBC Q1 Earnings?

Old Second Bancorp, Inc. (NASDAQ:OSBC) – Investment analysts at DA Davidson issued their Q1 2025 EPS estimates for Old Second Bancorp in a report issued on Friday, January 24th. DA Davidson analyst J. Rulis anticipates that the financial services provider will post earnings of $0.47 per share for the quarter. The consensus estimate for Old Second Bancorp’s current full-year earnings is $1.86 per share. DA Davidson also issued estimates for Old Second Bancorp’s FY2025 earnings at $1.90 EPS.

Several other equities research analysts have also commented on OSBC. Stephens reissued an “overweight” rating and set a $21.00 price objective on shares of Old Second Bancorp in a research note on Thursday. Raymond James raised Old Second Bancorp from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, December 19th. Finally, Piper Sandler raised their price objective on Old Second Bancorp from $22.50 to $23.00 and gave the company an “overweight” rating in a research report on Friday, October 18th.

Old Second Bancorp Stock Up 1.0 %

NASDAQ:OSBC opened at $18.42 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.84 and a quick ratio of 0.84. The firm’s 50-day moving average price is $18.19 and its 200-day moving average price is $17.01. The company has a market capitalization of $826.14 million, a PE ratio of 9.85 and a beta of 1.08. Old Second Bancorp has a 1-year low of $13.00 and a 1-year high of $19.37.

Old Second Bancorp (NASDAQ:OSBC) last posted its earnings results on Wednesday, January 22nd. The financial services provider reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.04). Old Second Bancorp had a return on equity of 13.73% and a net margin of 24.95%.

Old Second Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Friday, January 31st will be given a $0.06 dividend. The ex-dividend date is Friday, January 31st. This represents a $0.24 annualized dividend and a yield of 1.30%. Old Second Bancorp’s dividend payout ratio (DPR) is presently 12.83%.

Insider Buying and Selling at Old Second Bancorp

In other news, Director Rocks Patti Temple bought 5,625 shares of the stock in a transaction on Monday, December 23rd. The shares were bought at an average price of $17.79 per share, with a total value of $100,068.75. Following the completion of the acquisition, the director now owns 18,679 shares in the company, valued at $332,299.41. The trade was a 43.09 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 3.80% of the company’s stock.

Institutional Trading of Old Second Bancorp

Hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its holdings in Old Second Bancorp by 8.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,700,810 shares of the financial services provider’s stock valued at $25,188,000 after purchasing an additional 138,253 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Old Second Bancorp by 20.1% during the 2nd quarter. AQR Capital Management LLC now owns 307,995 shares of the financial services provider’s stock valued at $4,561,000 after buying an additional 51,652 shares in the last quarter. Creative Planning boosted its holdings in Old Second Bancorp by 28.9% in the 2nd quarter. Creative Planning now owns 29,597 shares of the financial services provider’s stock worth $438,000 after buying an additional 6,639 shares during the period. Graham Capital Wealth Management LLC bought a new stake in Old Second Bancorp during the second quarter valued at about $696,000. Finally, SG Americas Securities LLC raised its holdings in Old Second Bancorp by 52.3% during the third quarter. SG Americas Securities LLC now owns 26,690 shares of the financial services provider’s stock valued at $416,000 after acquiring an additional 9,168 shares during the period. Institutional investors own 67.76% of the company’s stock.

Old Second Bancorp Company Profile

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.