Education
About Us
Working with TipRanks
Follow Us
Old Second Bancorp (OSBC)
NASDAQ:OSBC
Earnings Data
Report Date
Apr 22, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.51Last Year’s EPS
0.43Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong profitability, margin expansion, capital improvement, completed integration and an improving loan origination pipeline — all material positives. The main negatives were elevated charge-offs concentrated in the newly acquired Powersports portfolio, modest sequential yield pressure, MSR volatility, and the need to replace acquisition-era wholesale deposits (~$300M–$400M). Management framed the Powersports losses as expected for the business given high contribution margins and remains optimistic about 2026. On balance, the positive operational and capital trends outweigh the quarter-specific credit and funding headwinds.Company Guidance
Strong Quarterly Profitability
GAAP net income of $28.8M ($0.54 diluted EPS) in Q4; adjusted net income excluding MSR loss and acquisition items of $30.8M ($0.58 EPS). Management noted EPS ~30% above prior year.
High Margin and Improved NIM
Tax-equivalent net interest margin of 5.09% in Q4, up 4 bps sequentially and 41 bps year-over-year.
Robust Returns and Efficiency
Return on average assets (ROA) 1.64%; return on average tangible common equity 16.15%; tax-equivalent efficiency ratio 53.98% (adjusted efficiency ratio 51.28% vs 52.1% prior quarter).
Capital and Tangible Book Value Improvement
Tangible book value per share rose 61 bps to $14.12. Tangible equity ratio increased 61 bps to 11.02% (98 bps above prior year). Common Equity Tier 1 capital 12.99%, up from 12.44% last quarter and up 17 bps year-over-year.
Expense Reduction and Integration Savings
Total noninterest expenses declined $10.2M sequentially, including a $9.3M decrease in acquisition-related costs following integration completion; management expects modest expense growth (~3% YoY) in 2026 after final cost saves.
Noninterest Income Growth Year-over-Year
Noninterest income increased $544k YoY; wealth management fees up $238k (+7.2% YoY) and service charges up $198k (+7.5% YoY). Mortgage banking income flat sequentially (down $668k YoY due to MSR volatility).
Loan Origination Momentum and Pipeline
Average loans increased ~$60M sequentially; management reported Q4 was the best production quarter of the year and the pipeline at year-end was the largest in 6–7 quarters. Targeting mid-single-digit loan growth for the year ahead.
Balance Sheet Positioning and Deposit Cost Trends
Loan-to-deposit ratio rose to 93.9% from 91.4% sequentially (83.5% a year ago). Total cost of deposits fell to 115 bps from 133 bps prior quarter, supporting margin resilience while high-beta wholesale balances run off.
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
OSBC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 21, 2026 | $21.39 | $21.18 | -0.98% |
Oct 22, 2025 | $17.82 | $17.73 | -0.51% |
Jul 23, 2025 | $18.46 | $18.40 | -0.32% |
Apr 23, 2025 | $15.23 | $15.37 | +0.91% |
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.
FAQ
When does Old Second Bancorp (OSBC) report earnings?
Old Second Bancorp (OSBC) is schdueled to report earning on Apr 22, 2026, After Close (Confirmed).
What is Old Second Bancorp (OSBC) earnings time?
Old Second Bancorp (OSBC) earnings time is at Apr 22, 2026, After Close (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 2026 (Q1) is 0.51.