(OSBC) Old Second Bancorp - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: NASDAQ (USA) | Market Cap: 1.071m USD | Total Return: 29.4% in 12m
Avg Turnover: 7.68M
EPS Trend: -13.3%
Qual. Beats: 0
Rev. Trend: 90.2%
Qual. Beats: 0
Warnings
Share dilution 17.0% YoY
Tailwinds
No distinct edge detected
Old Second Bancorp, Inc. (OSBC) is a financial holding company headquartered in Aurora, Illinois, operating primarily through Old Second National Bank. Founded in 1871, the institution provides a comprehensive suite of community banking services, including commercial, real estate, and consumer lending, alongside diverse deposit and cash management solutions.
As a regional bank, OSBC relies on the net interest margin-the difference between interest earned on loans and interest paid on deposits-as a primary revenue driver. The company operates within a highly regulated sector where credit quality and local economic conditions in the Chicago metropolitan area significantly influence asset performance.
For a deeper look into the companys valuation metrics and historical performance, you may find it useful to explore the data on ValueRay.
- Net interest margin sensitivity to Federal Reserve benchmark rate fluctuations
- Commercial real estate loan concentration poses credit risk in Chicago market
- Core deposit growth reduces reliance on high-cost wholesale funding sources
- Non-interest income expansion through wealth management and mortgage services growth
- Asset quality stability amidst shifting macroeconomic conditions in the Midwest
| Net Income: 86.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.41 > 1.0 |
| NWC/Revenue: -453.3% < 20% (prev -991.5%; Δ 538.2% < -1%) |
| CFO/TA 0.02 > 3% & CFO 141.4m > Net Income 86.1m |
| Net Debt (275.2m) to EBITDA (129.5m): 2.12 < 3 |
| Current Ratio: 0.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.5m) vs 12m ago 16.97% < -2% |
| Gross Margin: 76.42% > 18% (prev 0.81%; Δ 7.56k% > 0.5%) |
| Asset Turnover: 6.77% > 50% (prev 5.87%; Δ 0.90% > 0%) |
| Interest Coverage Ratio: 1.73 > 6 (EBITDA TTM 129.5m / Interest Expense TTM 68.8m) |
| A: -0.28 (Total Current Assets 48.1m - Total Current Liabilities 1.98b) / Total Assets 6.85b |
| B: 0.08 (Retained Earnings 559.1m / Total Assets 6.85b) |
| C: 0.02 (EBIT TTM 118.6m / Avg Total Assets 6.29b) |
| D: 0.10 (Book Value of Equity 581.0m / Total Liabilities 5.96b) |
| Altman-Z'' = -1.35 = CCC |
As of May 24, 2026, the stock is trading at USD 21.08 with a total of 361,574 shares traded.
Over the past week, the price has changed by +3.18%,
over one month by -0.27%,
over three months by +8.14% and
over the past year by +29.42%.
Old Second Bancorp has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy OSBC.
- StrongBuy: 3
- Buy: 2
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 23.2 | 10.1% |
P/E Forward = 9.99
P/S = 3.2957
P/B = 1.1766
P/EG = 1.5083
Revenue TTM = 425.7m USD
EBIT TTM = 118.6m USD
EBITDA TTM = 129.5m USD
Long Term Debt = 100.2m USD (from longTermDebt, last quarter)
Short Term Debt = 223.1m USD (from shortTermDebt, last quarter)
Debt = 323.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 275.2m USD (calculated: Debt 323.3m - CCE 48.1m)
Enterprise Value = 1.35b USD (1.07b + Debt 323.3m - CCE 48.1m)
Interest Coverage Ratio = 1.73 (Ebit TTM 118.6m / Interest Expense TTM 68.8m)
EV/FCF = 9.66x (Enterprise Value 1.35b / FCF TTM 139.4m)
FCF Yield = 10.35% (FCF TTM 139.4m / Enterprise Value 1.35b)
FCF Margin = 32.74% (FCF TTM 139.4m / Revenue TTM 425.7m)
Net Margin = 20.22% (Net Income TTM 86.1m / Revenue TTM 425.7m)
Gross Margin = 76.42% ((Revenue TTM 425.7m - Cost of Revenue TTM 100.4m) / Revenue TTM)
Gross Margin QoQ = 75.98% (prev 83.18%)
Tobins Q-Ratio = 0.20 (Enterprise Value 1.35b / Total Assets 6.85b)
Interest Expense / Debt = 21.27% (Interest Expense 68.8m / Debt 323.3m)
Taxrate = 24.89% (8.48m / 34.1m)
NOPAT = 89.1m (EBIT 118.6m * (1 - 24.89%))
Current Ratio = 0.02 (Total Current Assets 48.1m / Total Current Liabilities 1.98b)
Debt / Equity = 0.36 (Debt 323.3m / totalStockholderEquity, last quarter 893.3m)
Debt / EBITDA = 2.12 (Net Debt 275.2m / EBITDA 129.5m)
Debt / FCF = 1.97 (Net Debt 275.2m / FCF TTM 139.4m)
Total Stockholder Equity = 843.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.37% (Net Income 86.1m / Total Assets 6.85b)
RoE = 10.20% (Net Income TTM 86.1m / Total Stockholder Equity 843.8m)
RoCE = 12.56% (EBIT 118.6m / Capital Employed (Equity 843.8m + L.T.Debt 100.2m))
RoIC = 1.30% (NOPAT 89.1m / Invested Capital 6.83b)
WACC = 10.59% (E(1.07b)/V(1.39b) * Re(8.97%) + D(323.3m)/V(1.39b) * Rd(21.27%) * (1-Tc(0.25)))
Discount Rate = 8.97% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 75.02 | Cagr: 7.54%
[DCF] Terminal Value 71.07% ; FCFF base≈120.8m ; Y1≈138.5m ; Y5≈203.8m
[DCF] Fair Price = 37.32 (EV 2.19b - Net Debt 275.2m = Equity 1.92b / Shares 51.4m; r=10.59% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -13.26 | EPS CAGR: -0.70% | SUE: -0.32 | # QB: 0
Revenue Correlation: 90.20 | Revenue CAGR: 10.41% | SUE: 0.80 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.55 | Chg30d=+1.73% | Revisions=+25% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.57 | Chg30d=+2.45% | Revisions=+33% | Analysts=5
EPS current Year (2026-12-31): EPS=2.21 | Chg30d=+1.85% | Revisions=+0% | GrowthEPS=+7.1% | GrowthRev=+12.7%
EPS next Year (2027-12-31): EPS=2.30 | Chg30d=+0.85% | Revisions=+20% | GrowthEPS=+4.0% | GrowthRev=+1.9%
[Analyst] Revisions Ratio: +33%