Old Second Bancorp Announces Partial Subordinated Notes Redemption

Old Second Bancorp ( (OSBC) ) just unveiled an announcement.

On March 4, 2026, Old Second Bancorp announced it will redeem $30 million of its outstanding 3.50% Fixed-to-Floating Rate Subordinated Notes due 2031 on April 15, 2026, at 100% of principal plus accrued and unpaid interest, after receiving non-objection from the Federal Reserve Bank of Chicago. The redemption, which will leave $30 million of the notes still outstanding, will stop interest accrual on the redeemed portion after the redemption date and requires noteholders to present notes to the paying agent or follow Depository Trust Company procedures for book-entry holdings.

The most recent analyst rating on (OSBC) stock is a Buy with a $22.50 price target. To see the full list of analyst forecasts on Old Second Bancorp stock, see the OSBC Stock Forecast page.

Spark’s Take on OSBC Stock

According to Spark, TipRanks’ AI Analyst, OSBC is a Neutral.

The score is driven primarily by solid financial performance (profitability and cash generation) and a constructive earnings outlook (NIM expected to remain >5% with improving capital), partially offset by weaker profitability trends (lower ROE, margin pressure) and credit/funding headwinds. Technical signals are neutral, while valuation is reasonable but not deeply compelling.

To see Spark’s full report on OSBC stock, click here.

More about Old Second Bancorp

Old Second Bancorp, Inc. is a U.S. banking company operating in the financial services industry, primarily focused on providing commercial and consumer banking products, including loans, deposits, and related financial solutions. The company serves customers in its regional markets through its bank subsidiary and associated financial services operations.

Average Trading Volume: 328,238

Technical Sentiment Signal: Buy

Current Market Cap: $1.05B

For detailed information about OSBC stock, go to TipRanks’ Stock Analysis page.