We recently compiled a list of the 9 High Growth Small Cap Stocks That Are Profitable. Old Second Bancorp, Inc. is placed ninth on our list of high-growth stocks. TheFly reported on January 23 that DA Davidson raised its price target for OSBC to $23 from $22 and maintained a Neutral rating following the company’s fourth-quarter earnings. The firm noted that the impact of the Evergreen acquisition was clearly reflected in Q4 results, with a very strong net interest margin alongside higher-than-normal net c ...

Core Viewpoint - DA Davidson raised the price target on Old Second Bancorp (OSBC) to $23 from $22 while maintaining a Neutral rating after the company's Q4 earnings exceeded expectations [1] Financial Performance - The Q4 results highlighted the impact of the Evergreen acquisition, showcasing a high net interest margin of 5.00% [1] - The company experienced higher than historical net charge-offs during the same period [1] Future Outlook - Growth is expected to increase in 2026, supported by effective cost control measures [1] - The elevated non-performing asset balance compared to peers is a concern that requires monitoring [1]

Old Second’s tax-equivalent net interest margin was 5.09% in the fourth quarter, up four basis points from the prior quarter and up 41 basis points from the year-ago period, management said. Eccher attributed margin performance in part to a decline in deposit costs and the company’s ongoing effort to reduce reliance on wholesale funding as higher-cost deposits reprice in a falling-rate environment.Chief Operating Officer and Chief Financial Officer Brad Adams said performance to close out the year was “pret ...

Old Second Bancorp (NasdaqGS:OSBC) Q4 2025 Earnings call January 22, 2026 10:00 AM ET Company ParticipantsBrad Adams - COO and CFODarin Campbell - Head of National Specialty LendingJim Eccher - Chairman, President and CEOTerry McEvoy - Managing Director of Equity ResearchConference Call ParticipantsAdam Kroll - Equity Research AnalystJeff Rulis - Managing Director and Senior Research AnalystBrian Martin - Managing Director and Senior Research AnalystOperatorGood morning, everyone, and thank you for joining ...

Financial Data and Key Metrics Changes - Net income for Q4 2025 was $28.8 million, or $0.54 per diluted share, with a return on assets (ROA) of 1.64% and a return on average tangible common equity (ROTCE) of 16.15% [4] - Excluding certain adjusting items, net income was $30.8 million, or $0.58 per diluted share, with tangible book value per share increasing to $14.12 [5] - The tax equivalent efficiency ratio was 53.98%, with a notable improvement in the efficiency ratio adjusted to 51.28% [12] Business Line Data and Key Metrics Changes - The net interest margin (NIM) was exceptionally strong at 5.09%, reflecting a 41 basis points increase year-over-year [6] - Total loans decreased by $12.4 million from the previous quarter, with tax equivalent loan yields declining by 11 basis points [8] - Non-interest income saw a slight decrease compared to the prior quarter but increased compared to the previous year, driven by wealth management fees and service charges on deposits [11] Market Data and Key Metrics Changes - The loan-to-deposit ratio increased to 93.9% as of year-end, compared to 91.4% last quarter [7] - The total cost of deposits decreased to 115 basis points from 133 basis points in the prior linked quarter [6] - The allowance for credit losses on loans was $72.3 million, or 1.38% of total loans, down from 1.43% in the previous quarter [9] Company Strategy and Development Direction - The company aims to optimize its balance sheet and reduce reliance on wholesale funding while allowing higher-cost deposits to run off [12] - Loan growth is targeted in the mid-single digit range for the upcoming year, with a focus on organic growth and integration of previous acquisitions [16][66] - The management expressed optimism about future performance and opportunities, emphasizing the strength of the bank [17] Management's Comments on Operating Environment and Future Outlook - Management noted that unemployment and GDP forecasts remain stable, with no significant changes in assumptions [10] - The company expects elevated charge-offs in the power sports portfolio due to the nature of the business, but the contribution margin is at a multi-year high [9][22] - Management is optimistic about the first half of 2026, citing a strong pipeline for loan production [53] Other Important Information - The company completed its integration efforts from previous acquisitions, which contributed to improved performance metrics [13] - Non-interest expenses decreased significantly, with a notable reduction in acquisition-related costs [11] Q&A Session Summary Question: Are cost savings fully captured or is there a tail end into 2026? - Management indicated there is a tail end into 2026, with employee benefits expected to rise due to inflationary trends [19] Question: What is the expected net charge-off pace for the power sports portfolio? - Management expects a higher net charge-off rate due to the nature of the power sports business, with $4.5 million of the $6 million charge-off related to this portfolio [21][22] Question: What are the expectations for loan growth in the power sports vertical? - Management anticipates slightly less than mid-single digit growth in the power sports vertical [36] Question: Can you provide insights on the profile of a typical power sports borrower? - The average cycle score for the power sports portfolio is 730, with a busy season from March through the second and third quarters [42] Question: What is the outlook for share repurchases? - Management expects to begin share repurchases in the near term, indicating a lack of price sensitivity [62]

Financial Data and Key Metrics Changes - Net income for Q4 2025 was $28.8 million, or $0.54 per diluted share, with a return on assets (ROA) of 1.64% and a return on average tangible common equity (ROATCE) of 16.15% [3] - Excluding certain adjusting items, net income was $30.8 million, or $0.58 per diluted share, with tangible book value per share increasing to $14.12 [4] - The tangible equity ratio increased to 11.02%, and Common Equity Tier 1 was 12.99%, up from 12.44% in the previous quarter [4] Business Line Data and Key Metrics Changes - Total loans decreased by $12.4 million from the previous quarter, with tax equivalent loan yields declining by 11 basis points [6] - Non-performing loans increased by $4.8 million, while classified assets rose by $10 million [6] - The allowance for credit losses on loans was $72.3 million, or 1.38% of total loans, down from $75 million [8] Market Data and Key Metrics Changes - The net interest margin (NIM) was exceptionally strong at 5.09%, a 41 basis point increase year-over-year [5] - The total cost of deposits decreased to 115 basis points from 133 basis points in the prior quarter [5] - Average loans increased by $60 million, or 1.2%, over the linked quarter, while average deposits declined by approximately $200 million [13] Company Strategy and Development Direction - The company aims for mid-single digit loan growth in 2026, with a focus on optimizing the balance sheet and reducing reliance on wholesale funding [16][11] - Integration of the Evergreen acquisition is nearly complete, and the company is prioritizing organic growth [56][58] - The management is optimistic about the performance in 2026, particularly in the power sports segment, which has shown a high contribution margin [8][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the bank's performance and the strength of its operations, despite challenges in the economic environment [17] - The company anticipates a stable margin trend, with potential modest declines in the first quarter of 2026 [15] - The management noted that the unemployment and GDP forecasts remain static, with no significant changes expected [9] Other Important Information - Non-interest income showed a slight decrease compared to the prior quarter but performed well year-over-year, driven by increases in wealth management fees and service charges [10] - Total non-interest expenses decreased by $10.2 million from the prior linked quarter, with a significant reduction in acquisition-related costs [10] Q&A Session Summary Question: Are the cost savings fully captured or is there a tail end at 2026? - Management indicated there is a tail end at 2026, with employee benefits expected to rise due to inflationary trends, but overall expense growth is projected to be around 3% [19] Question: What is the expectation for net charge-off rates in the power sports portfolio? - Management expects a higher net charge-off rate due to the nature of the power sports business, with $4.5 million of the $6 million charge-off related to this segment [21] Question: Can you provide insights on the margin expectations for the first quarter? - Management expressed confidence in maintaining a margin around 5% for the full year, despite potential modest headwinds [27] Question: What is the current status of the West Suburban loan portfolio? - Approximately $285 million remains in the West Suburban portfolio, with expectations of continued runoff [44] Question: What is the company's approach to capital management and potential buybacks? - Management indicated that share repurchases are expected to begin soon, with no price sensitivity at this point [53]

Old Second Bancorp (OSBC) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +9.43%. A quarter ago, it was expected that this financial holding company would post earnings of $0.51 per share when it actually produced earnings of $0.53, delivering a surprise of +3.92%.Over the last four q ...

AURORA, IL / ACCESS Newswire / January 21, 2026 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), today announced financial results for the fourth quarter of 2025. Our net income was $28.8 million, or $0.54 per diluted share, for the fourth quarter of 2025, compared to net income of $9.9 million, or $0.18 per diluted share, for the third quarter of 2025, and net income of $19.1 million, or $0.42 per dil ...

Financial Performance - Fourth quarter 2025 net income was $28.8 million, an increase of $18.9 million from the third quarter of 2025, and an increase of $9.7 million from the fourth quarter of 2024[1]. - Adjusted net income for the fourth quarter of 2025 was $30.8 million, up $2.4 million from the third quarter of 2025, and up $10.8 million from the fourth quarter of 2024[2]. - Net income for the year ended December 31, 2025, was $80,310,000, down from $85,264,000 in 2024, a decrease of 5.6%[59]. - Basic earnings per share for Q4 2025 was $0.55, compared to $0.42 in Q4 2024, an increase of 30.9%[59]. - Adjusted net income (non-GAAP) for Q4 2025 was $30,778 million, compared to $19,966 million in Q4 2024, reflecting a growth of 54%[64]. Income and Expenses - Net interest and dividend income was $83.1 million for the fourth quarter of 2025, reflecting a 0.3% increase from the third quarter of 2025 and a 34.9% increase from the fourth quarter of 2024[6]. - Noninterest income decreased by $955,000, or 7.3%, to $12.2 million in the fourth quarter of 2025 compared to the third quarter of 2025[6]. - Noninterest expense was $52.9 million for the fourth quarter of 2025, a decrease of $10.2 million, or 16.2%, from the third quarter of 2025[6]. - Total noninterest expense for Q4 2025 was $52,935 million, compared to $44,322 million in Q4 2024, marking an increase of 19%[63]. Credit and Loans - The provision for credit losses was $3.0 million in the fourth quarter of 2025, down from $19.7 million in the third quarter of 2025[6]. - Nonperforming loans totaled $52.8 million at December 31, 2025, representing 1.0% of total loans, up from 0.8% a year earlier[12]. - Total loans were $5.25 billion at December 31, 2025, a decrease of $12.4 million from September 30, 2025, but an increase of $1.27 billion from December 31, 2024, primarily due to the acquisition of Bancorp Financial[12]. - The allowance for credit losses on loans was $72.301 million as of December 31, 2025, maintaining a ratio of 1.4% to total loans, consistent with September 30, 2025[39][40]. Assets and Equity - Total assets increased to $6,902,675,000 as of December 31, 2025, up from $5,649,377,000 in 2024, representing a growth of 22.2%[57]. - Total stockholders' equity increased to $883,986 million in Q4 2025 from $849,998 million in Q3 2025, a rise of 4.00%[61]. - Retained earnings grew to $526,910 million in Q4 2025, up from $500,075 million in Q3 2025, reflecting an increase of 5.36%[61]. Dividends and Shareholder Returns - The company declared a cash dividend of $0.07 per share, payable on February 9, 2026[6]. - The company declared dividends of $0.25 per share for the year, up from $0.21 in 2024, reflecting a 19% increase[59]. Market and Strategic Position - The company plans to continue strategically buying and selling securities as opportunities arise, reflecting a proactive approach to managing its investment portfolio[12]. - The company recorded a day one purchase accounting credit mark of $17.5 million related to the acquisition in the third quarter of 2025[39]. Future Outlook - The company plans to discuss its fourth quarter 2025 financial results in a conference call scheduled for January 22, 2026[53].

Analysts on Wall Street project that Old Second Bancorp (OSBC) will announce quarterly earnings of $0.53 per share in its forthcoming report, representing an increase of 20.5% year over year. Revenues are projected to reach $95.65 million, increasing 30.7% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. ...