Ahead of Old Second Bancorp (OSBC) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts forecast that Old Second Bancorp (OSBC) will report quarterly earnings of $0.48 per share, indicating a year-over-year decline of 12.7% and revenues of $70.95 million, reflecting a decline of 2.7% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has been revised downward by 1.4% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Metrics - Analysts estimate a 'Net Interest Margin' of 4.6%, down from 4.7% a year ago [5]. - The 'Efficiency Ratio' is expected to reach 53.0%, compared to 50.1% in the previous year [5]. - 'Total interest earning assets - Average Balance' is projected to be $5.26 billion, down from $5.39 billion year-over-year [5]. - 'Total noninterest income' is forecasted at $10.62 million, up from $9.88 million a year ago [6]. - 'Net interest and dividend income' is expected to be $60.28 million, down from $63.03 million in the same quarter last year [6]. - 'Net Interest Income (FTE)' is projected to be $60.71 million, compared to $63.40 million in the same quarter of the previous year [7]. Stock Performance - Over the past month, Old Second Bancorp shares have recorded a return of -7.3%, while the Zacks S&P 500 composite has changed by +5.4% [7]. - Based on its Zacks Rank 3 (Hold), OSBC is expected to perform in line with the overall market in the upcoming period [7].