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Old Second Bancorp (OSBC)
NASDAQ:OSBC
Earnings Data
Report Date
Jul 16, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.46Last Year’s EPS
0.48Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 8.83%
|Next Earnings Date:Jul 16, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial performance with significant profitability metrics and improvements in interest expense and criticized loans. However, challenges such as provisions for credit losses and decreased loan portfolios were noted. Overall, the positive aspects slightly outweigh the negative ones.Company Guidance
During the Old Second Bancorp, Inc.'s First Quarter 2025 Earnings Call, the company reported a net income of $19.8 million, or $0.43 per diluted share, with a return on assets (ROA) of 1.42%. The return on average tangible common equity was 14.70%, and the tax equivalent efficiency ratio stood at 55.48%. The quarter saw a provision for credit losses of $2.4 million, impacting after-tax earnings by $0.04 per diluted share. The tangible common equity ratio increased 30 basis points to 10.34%, and the Common Equity Tier 1 ratio rose to 13.47%. Despite a $41.1 million decrease in total loans from the previous quarter, net interest margin improved 30 basis points year-over-year. Noninterest income grew, with wealth management fees up 20.6% and service charges on deposits increasing by 12.6%. The company highlighted a strong deposit growth of $84 million, contributing to a favorable loan-to-deposit ratio of 81.2%. Management discussed potential impacts of macroeconomic factors and emphasized their focus on liquidity, capital management, and commercial loan origination to sustain profitability.Strong Profitability Metrics
Net income was $19.8 million or $0.43 per diluted share in the first quarter of 2025, with a return on average tangible common equity of 14.70% and return on assets of 1.42%.
Improved Interest Expense
Interest expense on average interest-bearing liabilities decreased by $2.9 million or 21.3%, primarily due to deposit acquisitions and paying down higher rate borrowings.
Loan-to-Deposit Ratio Improvement
The loan-to-deposit ratio improved to 81.2% from 83.5% last quarter and 86.1% a year ago.
Reduction in Criticized Loans
Total criticized loans decreased by 42% or $84 million year-over-year, reaching their lowest levels in three years.
Noninterest Income Growth
Noninterest income saw growth in wealth management fees by 20.6% and service charges on deposits by 12.6% compared to the prior year.
Exceptional Net Interest Margin
Net interest margin improved by 30 basis points year-over-year and by 20 basis points compared to the prior linked quarter.
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OSBC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OSBC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | $15.40 | $15.54 | +0.91% |
| Jan 22, 2025 | $18.55 | $18.10 | -2.43% |
| Oct 16, 2024 | $15.95 | $16.86 | +5.71% |
| Jul 17, 2024 | $16.54 | $16.18 | -2.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Old Second Bancorp (OSBC) report earnings?
Old Second Bancorp (OSBC) is schdueled to report earning on Jul 16, 2025, TBA Not Confirmed.
What is Old Second Bancorp (OSBC) earnings time?
Old Second Bancorp (OSBC) earnings time is at Jul 16, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OSBC EPS forecast?
OSBC EPS forecast for the fiscal quarter 2025 (Q2) is 0.46.
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