Old Second Bancorp, Inc. (OSBC)
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-09
$25.26-1.06%
Close 2026-09-09 · 1-day change
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-09
Warn: Recent financial performance slipped notably this past month, though still top-half.
Old Second Bancorp grows operating income to $34 million next quarter. It keeps dividends at $0.07 per share. The company buys back $61 million in shares this year. These show strong profit and good use of cash.
Revenue may fall about 8% next year. Earnings missed last quarter. CEO changes could slow progress.
The price is about 6% below our fair value near $24. Analysts expect about 8% revenue decline. We see better profit growth and cash returns than the market expects.
Breaks if: Dividend falls below $0.06 per share next quarter
Breaks if: Operating income falls below $29 million next quarter
Buyback program canceled or reduced below $40 million
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This is a stable investment thesis with a focus on financial performance and management execution. The current state reflects a watchful approach due to mixed signals in recent results and sector performance.
The market appears to have priced in a justified valuation with low fragility. There is a slight expectations gap, indicating that the current valuation is aligned with peers but carries a small premium.
Management is on track with priorities like share repurchase and maintaining strong financial performance. However, credit quality management shows mixed results, which could impact future performance.
The thesis hinges on the performance of sector bellwethers and the Federal Reserve's interest rate decisions. Positive momentum from leading financial firms could support OSBC, while any downturns could pose risks.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports this improved outlook. There are no new threats identified that could weaken the thesis.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Overall, OSBC's fundamentals are stable, but close attention to sector trends and management execution is necessary. Not investment advice.