Alert: New Earnings Report (4/17/24)-Old Second Bancorp Inc (NASDAQ: OSBC).

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Old Second Bancorp Inc (NASDAQ: OSBC) has reported E.P.S. of $0.48 for its first fiscal quarter (ending March 31) versus $0.53 for the same period a year ago. E.P.S. were $2.00 for the latest four quarters through March 31 versus $1.77 for the same period a year ago.

Recent Price Action

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On 4/17/24, Old Second Bancorp Inc (NASDAQ: OSBC) stock rose modestly by 1.0%, closing at $13.44. NORMAL trading volume accompanied the advance. The stock has declined -1.9% during the last week and has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, OSBC is expected to continue to be a Value Builder.

Old Second Bancorp has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Old Second Bancorp has a good Appreciation Score of 78 but a neutral Power Rating of 42, leading to the High Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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