Old Second National Bank Stock Price Overview and History

Old Second National Bank has a rich history dating back to 1922, making it one of the oldest banks in the United States.

The bank's stock price has fluctuated over the years, with its highest price recorded in 1999 at $65.50 per share.

Old Second National Bank has a strong presence in the community, with branches in several cities in Illinois.

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Old Second National Bank's stock price has seen a significant boost in recent years.

In 2023, the bank's revenue reached $269.61 million, a notable increase of 11.08% compared to the previous year.

Earnings also saw a substantial rise, reaching $91.73 million, up by 36.09% from the previous year's earnings.

This impressive financial performance is a testament to the bank's growing success.

The bank's revenue growth is a clear indicator of its ability to expand its services and attract more customers.

With a strong financial foundation, Old Second National Bank is well-positioned for continued growth and success.

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Old Second National Bank's financial performance has been impressive, with a revenue increase of 11.08% in 2023 to $269.61 million.

This growth is a significant improvement from the previous year's revenue of $242.72 million. The bank's earnings also saw a substantial boost, rising by 36.09% to $91.73 million.

The bank's diluted EPS (TTM) stood at 1.87, indicating a relatively stable earnings per share. However, the revenue growth year-over-year (YOY) was a modest -1.1%, suggesting a slight decline in revenue compared to the previous year.

Despite this, the bank's profit margin remained strong at 32%, indicating a healthy ability to retain earnings.

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Old Second Bancorp's revenue in 2023 was $269.61 million, a significant increase of 11.08% from the previous year.

This growth in revenue is a positive sign for the company, demonstrating a strong financial performance.

The company's earnings also saw a substantial increase, rising to $91.73 million in 2023, a 36.09% jump from the previous year's earnings.

The Q4 2022 Earnings Call for Old Second Bancorp, Inc. took place on January 26, 2023, at 11:00 AM ET.

Company representatives Jim Eccher, Chief Executive Officer, and Brad Adams, Chief Financial Officer, were present to discuss the company's financial performance.

Old Second Bancorp, Inc. is the parent company of Old Second National Bank, which operates under the NASDAQ exchange with a market cap of $850,353,000.

The previous close for OSBC stock was $18.95, with a day range of $18.8 to $19.3 and a year range of $12 to $19.

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A share buyback can have a significant impact on a company's share price and earnings per share. Old Second Bancorp, for example, has a share repurchase program in place.

A buyback program can result in a higher earnings per share when the share count drops, all else being equal. This can be a positive development for investors.

Here's a key point to consider: a share buyback program can materially affect the share price.

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The Second National Bank, which played a significant role in the history of banking in the United States, was established in 1836.

The bank's early success was largely due to the efforts of its founders, who had a vision for creating a stable and secure financial institution.

The Second National Bank was chartered by the U.S. Congress in 1863, marking a significant milestone in the bank's history.

The bank's headquarters were located in Washington, D.C., a strategic location that allowed for easy access to the nation's capital.

The Second National Bank was a major player in the banking industry during the late 19th and early 20th centuries.

Old Second National Bank has a dividend payment history that dates back to 2010, with the first payment being $0.02 per share. This payment was made in 2010.

The dividend payments have varied over the years, with the highest payment being $0.21 per share in 2024. In contrast, the lowest payment was $0.00 per share in 2015, 2014, 2013, and 2012.

Here is a breakdown of the dividend payments over the years:

The yield on the dividend payments has also fluctuated over the years, with the highest yield being 1.45 in 2009.

The 30-year OSBC stock price history is a wild ride. From 1991 to 2021, the stock price fluctuated significantly.

In 1991, the stock price started at around $8.50 per share. By 1998, it had risen to over $20 per share.

The stock price continued to fluctuate, reaching a high of over $30 per share in 2000. In 2001, the price dropped to around $15 per share.

By 2007, the stock price had recovered and reached over $25 per share. However, the financial crisis in 2008 caused the price to drop to around $5 per share.

The stock price slowly recovered over the next decade, reaching a high of over $20 per share in 2018. In 2021, the price was around $15 per share.

Take a look at this: Market Price per Share of Common Stock

Old Second Bancorp has a dividend payout history dating back to 2009. The company's dividend payouts have varied over the years, with the highest payout being $0.10 in 2009.

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The dividend yield, which is the ratio of the annual dividend payment to the stock's current price, has also fluctuated. In 2018, the dividend yield was 0.31%, while in 2023, it was 1.30%.

Here's a breakdown of Old Second Bancorp's dividend payouts and yields over the years:

The company's dividend payout has been increasing over the years, with the exception of 2015 and 2014, when no dividend was paid.

Old Second Bancorp has a calendar of important events that investors and analysts should be aware of.

The company's earnings reports are a key part of their calendar, with four reports scheduled for 2025 and 2026.

The Q1 2025 Earnings Release is set for April 16, 2025.

The Q2 2025 Earnings Release is scheduled for July 16, 2025.

The Q3 2025 Earnings Release is set for October 15, 2025.

The Q4 2025 Earnings Release is scheduled for January 28, 2026.

Here is a summary of Old Second Bancorp's earnings report calendar:

Past events are an essential part of a company's history, and Old Second Bancorp is no exception. The company has a record of releasing its earnings reports on a quarterly basis, with the most recent one being $0.420 USD in Q4 2024.

These reports provide valuable insights into the company's financial performance and help investors make informed decisions. The earnings reports are usually released on the 22nd of January for Q4, 16th of October for Q3, 17th of July for Q2, and 17th of April for Q1.

One notable event is the company's Annual General Meeting, which is held in May. The meeting in 2024 was particularly significant, with the company's earnings per share (EPS) reaching $2.020 USD.

Here's a list of the company's past earnings reports and Annual General Meetings:

Several key executives and insiders have been buying shares of Old Second Bancorp stock in recent months.

In December 2024, Adams Bradley S. bought 34 shares, and Eccher James bought 21 shares and 108 shares on the same day.

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Gartelmann Richard A JR and Pilmer Donald also bought shares in December 2024, with Gartelmann buying 45 shares and Pilmer buying 1 share and 13 shares.

Collins Gary S bought 37 shares in December 2024, while Temple Rocks Patti bought 5,625 shares on December 22, 2024.

In contrast, Ladowicz John sold 13,888 shares on November 5, 2024, and 30,585 shares on July 21, 2024.

Lyons Billy J Jr. bought 26 shares on November 3, 2024, and 23 shares on August 4, 2024.

Eccher James also made several large purchases in June 2024, buying 149 shares and 22 shares on June 29, 2024.

Additionally, Collins Gary S bought 129 shares on June 29, 2024, and Adams Bradley S. bought 34 shares on the same day.

Pilmer Donald also bought 13 shares on June 29, 2024.

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Old Second National Bank's stock price has been steadily increasing over the years, with a current market value of $18.95.

The company's financial performance is a crucial factor in determining its stock value. According to the data, Old Second Bancorp's revenue and net income have been steadily increasing, indicating a healthy financial position.

Analysts' opinions play a significant role in determining the stock value. As of now, Old Second Bancorp has received a consensus rating of Buy from analysts, with an average rating of Buy based on 3 Buy ratings, 1 Hold rating, and 0 Sell ratings.

Here's a breakdown of the analysts' opinions:

The analysts' consensus price target of $21.67 indicates an estimated upside of 14.34% from the current price of $18.95. However, the lowest downside price target is $19.00, representing a 100% downside risk from the current price.

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