| --- | --- | --- | |----------|----------------------------------------------------|------------------------------------------------| | | | | | | (NASDAQ:OSBC) | Exhibit 99.1 | | Contact: | Bradley S. Adams Chief Financial Officer | For Immediate Release October 16, 2024 | Old Second Bancorp, Inc. Reports Third Quarter 2024 Net Income of $23.0 Million, or $0.50 per Diluted Share AURORA, IL, October 16, 2024 – Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ: OSBC), the ...

Wall Street analysts forecast that Old Second Bancorp (OSBC) will report quarterly earnings of $0.48 per share in its upcoming release, pointing to a year-over-year decline of 12.7%. It is anticipated that revenues will amount to $70.95 million, exhibiting a decline of 2.7% compared to the year-ago quarter. The current level reflects a downward revision of 1.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappra ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Old Second Bancorp (OSBC) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Oct ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 000-10537 (Exact name of Registrant as specified in its charter) Delaware 36-3143493 (State or other jurisdiction (I.R.S. Employer ...

Old Second Bancorp, Inc. (NASDAQ:OSBC) Q2 2024 Earnings Conference Call July 18, 2024 10:00 AM ET Company Participants Jim Eccher - Chairman, President and CEO Brad Adams - COO and CFO Conference Call Participants Jeff Rulis - D.A. Davidson Terence McEvoy - Stephens Christopher McGratty - KBW Nathan Race - Piper Sandler David Long - Raymond James Brian Martin - Janney Montgomery Scott Operator Good morning, everyone, and thank you for joining us today for Old Second Bancorp, Inc. Second Quarter 2024 Earning ...

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Shares of Old Second Bancorp have returned +18.9% over the past month versus the Zacks S&P 500 composite's +4.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. The reported revenue represents a surprise of +1.12% over the Z ...

Old Second Bancorp (OSBC) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items. Old Second Bancorp, which belongs to the Zacks Banks - Midwest industry, posted revenues of $70.82 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.12%. This compares to year-ago revenues of $71.8 million. The company has topped c ...

N/M - Not meaningful. Noninterest income increased $626,000, or 5.96%, in the second quarter of 2024, compared to the first quarter of 2024, and increased $2.9 million, or 35.3%, compared to the second quarter of 2023. The increase from the first quarter of 2024 was primarily driven by a $218,000 increase in wealth management income, an $893,000 death benefit realized on BOLI, and a $201,000 increase in card related income. Partially offsetting the increase in noninterest income from the prior quarter was a ...

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. While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights. The combined assessment of analysts suggests that 'Net Inte ...

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the n ...