Old Second Bancorp, Inc. (OSBC)

Old Second Bancorp, Inc.'s stock price has been impacted by several events in the past six months. The company completed its merger with Bancorp Financial, Inc., and its wholly-owned subsidiary Evergreen Bank Group on July 1, 2025, with the integration completed on October 20, 2025, leading to increased loans and deposits. Old Second Bancorp reported its second-quarter 2025 net income of $21.8 million and third quarter net income of $9.9 million. A cash dividend of $0.06 per share was declared on July 15, 2025. Analysts have adjusted their outlooks, with varying price targets and ratings. O2 Sponsor Finance provided senior secured credit facilities to support San Francisco Equity Partners in its acquisition of Formula Corp and to support RF Investment Partners in the recapitalization of Valley Vital Care.

Old Second Bancorp experiences demand seasonality in certain aspects of its business, with increases in average deposits primarily seasonal and influenced by factors such as tax payments. There has also been a mention of seasonal demand in its lending activities, particularly for construction loans.

Old Second Bancorp, Inc. operates as the parent company of Old Second National Bank, offering consumer and commercial banking products and services in the Finance sector, specifically Community Banking. Its major products include deposit accounts like demand, money market, savings, time deposit, and individual retirement accounts. On the lending side, it provides commercial and industrial loans, commercial real estate loans, multifamily loans, construction and development loans, residential real estate loans, consumer loans, installment loans, student loans, and agricultural loans. Additionally, the company offers lines of credit, overdraft checking, safe deposit operations, trust services, wealth management services, home loans, commercial banking, certificates of deposit (CDs), and digital wallet services. The company also expanded its consumer lending with the addition of a powersport segment.

Old Second Bancorp, Inc. primarily serves the suburban Chicago marketplace, with its construction loan activities generally concentrated within its local market area.

Old Second Bancorp has a long-standing reputation, built over more than 150 years, for growing its business by helping customers and building up individuals and businesses in its communities. The company emphasizes designing its products and services with customers' unique needs and best interests at heart. In the past year, the company has actively provided information to customers regarding various scams to help protect their accounts.

Institutional investors and hedge funds collectively own 67.76% of Old Second Bancorp, Inc.'s stock. Major institutional holders who have recently bought or sold shares include EverSource Wealth Advisors LLC, State of Alaska Department of Revenue, Mather Group LLC, Strs Ohio and Quarry LP.