Old Second Bancorp schedules second quarter earnings release and call

Old Second Bancorp Inc. (NASDAQ:OSBC), a $843 million market cap regional bank trading at $18.70 per share, announced Wednesday that it will release its financial results for the second quarter of 2025 after the market closes on July 23. According to InvestingPro data, the bank maintains strong financial health with a GREAT overall score. The company also plans to host an earnings call on July 24 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

According to the press release statement filed with the Securities and Exchange Commission, investors can listen to the call by dialing 888-506-0062 and using entry code 566890. The company recommends joining at least 10 minutes before the scheduled start time. With four analysts recently revising earnings estimates upward and a P/E ratio of 10.05, the upcoming call could provide valuable insights into the bank’s performance.

A replay of the call will be available until 10:00 a.m. Eastern Time on July 31 by dialing 877-481-4010 and entering replay PIN 52648.

Old Second Bancorp is a state commercial bank headquartered in Aurora, Illinois. The bank has maintained dividend payments for 10 consecutive years and currently appears undervalued according to InvestingPro’s Fair Value analysis. Its common stock is listed on The Nasdaq Stock Market under the symbol OSBC.

In other recent news, Old Second Bancorp reported better-than-expected earnings for the first quarter of 2025, with earnings per share (EPS) of $0.45, surpassing the projected $0.44. The company’s revenue also exceeded expectations, reaching $73.1 million compared to the anticipated $70.96 million. Piper Sandler has raised its price target for Old Second Bancorp to $24.50 following the company’s acquisition of Bancorp Financial, Inc., which is expected to enhance the bank’s growth prospects. Stephens, however, adjusted its price target for the bank to $20.00, maintaining an Overweight rating, citing the bank’s ability to increase net interest income despite challenges.

Old Second Bancorp has doubled its authorized common shares from 60 million to 120 million, a move approved by shareholders to expand its capital base. The company has not announced immediate plans to issue the newly authorized shares, but the increase provides flexibility for future endeavors. During the recent Annual Meeting, shareholders elected four directors and approved several proposals, including amendments to increase authorized common stock and restate the 2019 Equity Incentive Plan. The bank’s balance sheet remains strong with a significant increase in tangible common equity, and management has expressed optimism about future financial performance, particularly in light of the pending merger with Evergreen Bank Group.

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