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Old Second Bancorp Inc. (NASDAQ:OSBC), a state commercial bank headquartered in Aurora, Illinois, currently trading at $16.40 with a market capitalization of $739 million, announced today that it will release its financial results for the first quarter of 2025 after the market closes on April 23, 2025. According to InvestingPro data, the bank maintains a "GREAT" overall financial health score and has consistently paid dividends for 10 consecutive years.
Following the release of its financial results, Old Second Bancorp will conduct an earnings call on Thursday, April 24, 2025, at 10:00 a.m. Eastern Time. With analysts projecting profitability for the year and a strong consensus recommendation, this call promises valuable insights. Detailed analysis and additional ProTips are available on InvestingPro. Investors interested in participating in the live call can do so by dialing 888-506-0062 with the Entry Code: 944947. The company advises participants to join the call at least ten minutes before the scheduled start time.
For those unable to attend the live earnings call, a replay will be available until May 1, 2025, at 10:00 a.m. Eastern Time. The replay can be accessed by calling 877-481-4010 and using the Replay PIN: 52242.
This announcement, made through a filing with the Securities and Exchange Commission, emphasizes the company’s commitment to transparency with its investors and the broader financial community. As a publicly-traded entity showing strong returns over the past five years and maintaining profitable operations, Old Second Bancorp adheres to regulatory requirements for reporting and disseminating its financial performance.
Investors and analysts often scrutinize quarterly financial results to assess a company’s health and operational efficiency. The upcoming earnings report and subsequent call will provide insights into Old Second Bancorp’s performance and strategic direction at the outset of 2025. For comprehensive analysis, including Fair Value estimates and detailed financial metrics, investors can access the full research report available on InvestingPro, which is part of their coverage of over 1,400 US equities.
Old Second Bancorp’s announcement is based on a press release statement and is intended to inform stakeholders and the public of the company’s forthcoming financial disclosures and investor communications.
In other recent news, Old Second Bancorp reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of $0.44, which fell short of the expected $0.48. However, the company exceeded revenue forecasts, achieving $73.19 million compared to the anticipated $70.56 million. The bank’s strategic acquisition of Bancorp Financial, valued at approximately $197 million, is expected to enhance its financial profile by expanding its presence in the Chicago area and introducing a new consumer lending platform. Analysts at Keefe, Bruyette & Woods raised their price target for Old Second Bancorp to $24, maintaining an Outperform rating, reflecting optimism about the bank’s strategic initiatives and future financial performance. Stephens also increased its price target to $22, citing the acquisition’s potential to improve the bank’s return profile. Raymond (NSE:RYMD) James reiterated a Strong Buy rating, highlighting favorable trends such as the expansion of the Net Interest Margin. The merger is anticipated to create the second-largest community bank under $10 billion in assets in the Chicago market, with significant projected EPS accretion in the first full year post-merger. Despite the EPS miss, Old Second Bancorp’s strategic moves and analyst endorsements indicate a positive outlook for its future financial performance.
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