Old Second Bancorp (OSBC)

$16.69 -0.01 (-0.06%)
Market Cap 751.98M
Revenue (ttm) 341.72M
Net Income (ttm) 85.26M
EPS (ttm) N/A
PE Ratio 8.98
Forward PE 8.62
Profit Margin 24.95%
Debt to Equity Ratio 0.12
Volume 199,900
Avg Vol 216,258
Day's Range N/A - N/A
Shares Out 45.06M
Stochastic %K 22%
Beta 0.81
Analysts Strong Sell
Price Target $20.50

Company Profile

Old Second Bancorp, Inc. operates as the bank holding company for Old Second National Bank that provides community banking services in the United States. The company offers deposit products, including consumer and business checking, NOW, money market, savings, and other time deposit accounts, as well as certificates of deposit and individual retirement accounts. It also offers lending products, such as commercial and industrial loans; commercial real estate loans; multifamily loans; construction...

Industry: Banks - Regional
Sector: Financial Services
Phone: 630 892 0202
Fax: 630 566 3494
Address:
37 South River Street, Aurora, United States
Chart2Champion
Chart2Champion Apr. 28 at 12:38 PM
$OSBC 🔥 Big update just dropped! 🔥 540K+ volume pre-market and official corporate news is out — The company confirmed it’s on the direct path to U.S. Food and Drug Administration premarket approval for their cancer detection test. 🚀 Clinical study phase ✅ Strategic lab partnerships ✅ Financial backing secured ✅ Momentum was already here — now fundamentals are catching up. This is no longer just hype — this is real execution. Setting up for something big. Stay focused. 🚀
0 · Reply
Crawpital
Crawpital Apr. 25 at 2:19 PM
@Trading105 @Tell_It_Like_It_Is @PalmaFutures $OSBC could be a good bet, but M...🤫 this isn’t your usual “maybe it’ll move” setup. This is a full-blown storm. 💬 Reddit, Twitter, Discord — all buzzing. 📰 Major news sites dropped promo pieces overnight. 📢 Ad blitz across Stocktwits, YouTube, TikTok — it’s in your face. 📈 TradingView flipped HARD to STRONG BUY with a $16 target (+400%). 📲 Four different apps pushed STOCK ALERTS on this one. Load up — big moves are expected next week. Word is, if Petra Stark says anything today or tomorrow — it’s launch time. Not “maybe.” Guaranteed. 💥 There’s even talk of Japanese whales or hacker groups behind it — and yeah, they’ve pulled this off before. They don’t miss. 🎯 Everything’s screaming early entry. You’re either in now… or watching it gap $6+ while refreshing your regret.
0 · Reply
Lowlow1
Lowlow1 Apr. 1 at 4:42 PM
$OSBC very good price to jump in at 0.042 has to get to a dollar soon if I post again mybad we are holding over here
0 · Reply
NVDAMillionaire
NVDAMillionaire Mar. 29 at 2:11 PM
$OSBC Digging the Bancorp Financial merger. Looks like strategic move to expand Chicago footprint. Potential upside for regional growth. Watching closely for integration details. great article: https://beyondspx.com/article/old-second-bancorp-nasdaq-osbc-navigating-an-evolving-midwest-banking-landscape
0 · Reply
JarvisFlow
JarvisFlow Feb. 27 at 1:06 PM
Keefe, Bruyette & Woods has adjusted their stance on Old Second Bancorp ($OSBC), setting the rating to Outperform with a target price of 22 → 24.
0 · Reply
JarvisFlow
JarvisFlow Feb. 26 at 2:20 PM
Stephens & Co. has adjusted their stance on Old Second Bancorp ($OSBC), setting the rating to Overweight with a target price of 21 → 22.
0 · Reply
NVDAMillionaire
NVDAMillionaire Jan. 26 at 8:50 AM
$OSBC Old Second Bancorp (OSBC): Navigating the Evolving Interest Rate Landscape with Resilience https://beyondspx.com/article/old-second-bancorp-osbc-a-promising-community-bank-navigating-market-challenges
0 · Reply
NVDAMillionaire
NVDAMillionaire Dec. 24 at 6:09 AM
$OSBC Old Second Bancorp (OSBC): A Promising Community Bank Navigating Market Challenges https://beyondspx.com/article/old-second-bancorp-osbc-a-promising-community-bank-navigating-market-challenges
0 · Reply
insiderbuyingselling
insiderbuyingselling Nov. 5 at 4:27 PM
$OSBC new insider buying: 26 shares. http://insiderbuyingselling.com/?t=OSBC
0 · Reply
NVDAMillionaire
NVDAMillionaire Aug. 2 at 4:44 PM
$OSBC Old Second Bancorp (OSBC): Navigating the Evolving Interest Rate Landscape with Resilience http://beyondspx.com/2024/08/02/old-second-bancorp-osbc-navigating-the-evolving-interest-rate-landscape-with-resilience/
0 · Reply
Latest News on OSBC
Old Second Bancorp, Inc. (OSBC) Q1 2025 Earnings Call Transcript

Apr 24, 2025, 10:05 PM EDT - 2 months ago

Old Second Bancorp, Inc. (OSBC) Q1 2025 Earnings Call Transcript

Old Second Bancorp, Inc. Reports First Quarter 2025 Net Income of $19.8 Million, or $0.43 per Diluted Share

Apr 23, 2025, 4:42 PM EDT - 2 months ago

Old Second Bancorp, Inc. Reports First Quarter 2025 Net Income of $19.8 Million, or $0.43 per Diluted Share

O2 Sponsor Finance provides Senior Secured Credit Facilities to Support RF Investment Partners in the recapitalization of Valley Vital Care

Apr 9, 2025, 11:00 AM EDT - 2 months ago

O2 Sponsor Finance provides Senior Secured Credit Facilities to Support RF Investment Partners in the recapitalization of Valley Vital Care

O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Branford Castle Partners' Acquisition of Hoffman Engineering

Mar 6, 2025, 11:00 AM EST - 3 months ago

O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Branford Castle Partners' Acquisition of Hoffman Engineering

KBRA Comments on Old Second Bancorp, Inc.'s Proposed Acquisition of Bancorp Financial, Inc.

Feb 25, 2025, 6:25 PM EST - 4 months ago

KBRA Comments on Old Second Bancorp, Inc.'s Proposed Acquisition of Bancorp Financial, Inc.

Old Second and Evergreen Bank Group Announce Strategic Combination

Feb 25, 2025, 7:15 AM EST - 4 months ago

Old Second and Evergreen Bank Group Announce Strategic Combination

O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Mangrove Equity Partners Acquisition of A&R Sealcoating

Feb 20, 2025, 11:00 AM EST - 4 months ago

O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Mangrove Equity Partners Acquisition of A&R Sealcoating

Old Second Bancorp, Inc. (OSBC) Q4 2024 Earnings Call Transcript

Jan 23, 2025, 2:23 PM EST - 5 months ago

Old Second Bancorp, Inc. (OSBC) Q4 2024 Earnings Call Transcript

Old Second Bancorp, Inc. Reports Fourth Quarter 2024 Net Income of $19.1 Million, or $0.42 per Diluted Share

Jan 22, 2025, 4:35 PM EST - 5 months ago

Old Second Bancorp, Inc. Reports Fourth Quarter 2024 Net Income of $19.1 Million, or $0.42 per Diluted Share

Old Second Bancorp, Inc. Announces Completion of Chicagoland Branch Transaction

Dec 6, 2024, 6:10 PM EST - 6 months ago

Old Second Bancorp, Inc. Announces Completion of Chicagoland Branch Transaction

Old Second Bancorp, Inc. (OSBC) Q3 2024 Earnings Call Transcript

Oct 17, 2024, 1:03 PM EDT - 8 months ago

Old Second Bancorp, Inc. (OSBC) Q3 2024 Earnings Call Transcript

Old Second Bancorp, Inc. Reports Third Quarter 2024 Net Income of $23.0 Million, or $0.50 per Diluted Share

Oct 16, 2024, 4:45 PM EDT - 8 months ago

Old Second Bancorp, Inc. Reports Third Quarter 2024 Net Income of $23.0 Million, or $0.50 per Diluted Share

Old Second Bancorp, Inc. and First Merchants Corporation Announce Transaction Involving Chicagoland Branch Operations

Aug 27, 2024, 9:05 AM EDT - 10 months ago

Old Second Bancorp, Inc. and First Merchants Corporation Announce Transaction Involving Chicagoland Branch Operations

FRME

Old Second Bancorp, Inc. (OSBC) Q2 2024 Earnings Call Transcript

Jul 18, 2024, 8:50 PM EDT - 1 year ago

Old Second Bancorp, Inc. (OSBC) Q2 2024 Earnings Call Transcript

Old Second Bancorp, Inc. Reports Second Quarter 2024 Net Income of $21.9 Million, or $0.48 per Diluted Share

Jul 17, 2024, 4:30 PM EDT - 1 year ago

Old Second Bancorp, Inc. Reports Second Quarter 2024 Net Income of $21.9 Million, or $0.48 per Diluted Share

O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Encore Consumer Capital in its Acquisition of Chalet Desserts

Jul 9, 2024, 11:00 AM EDT - 1 year ago

O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Encore Consumer Capital in its Acquisition of Chalet Desserts

O2 Sponsor Finance Hires Sean Maher as Vice President

Jun 17, 2024, 11:00 AM EDT - 1 year ago

O2 Sponsor Finance Hires Sean Maher as Vice President

Old Second Bancorp, Inc. (OSBC) Q1 2024 Earnings Call Transcript

Apr 19, 2024, 6:07 PM EDT - 1 year ago

Old Second Bancorp, Inc. (OSBC) Q1 2024 Earnings Call Transcript

Old Second Bancorp, Inc. Reports First Quarter 2024 Net Income of $21.3 Million, or $0.47 per Diluted Share

Apr 17, 2024, 4:30 PM EDT - 1 year ago

Old Second Bancorp, Inc. Reports First Quarter 2024 Net Income of $21.3 Million, or $0.47 per Diluted Share

O2 Sponsor Finance provides Senior Secured Credit Facilities to Support Corridor Capital in its Acquisition of Association Headquarters

Mar 20, 2024, 11:00 AM EDT - 1 year ago

O2 Sponsor Finance provides Senior Secured Credit Facilities to Support Corridor Capital in its Acquisition of Association Headquarters

Rankins Joins Old Second National Bank

Mar 7, 2024, 11:00 AM EST - 1 year ago

Rankins Joins Old Second National Bank

O2 Sponsor Finance Promotes Nick O'Brien to Senior Vice President

Feb 21, 2024, 11:00 AM EST - 1 year ago

O2 Sponsor Finance Promotes Nick O'Brien to Senior Vice President

Old Second Bancorp, Inc. (OSBC) Q4 2023 Earnings Call Transcript

Jan 28, 2024, 9:30 AM EST - 1 year ago

Old Second Bancorp, Inc. (OSBC) Q4 2023 Earnings Call Transcript

Old Second Bancorp, Inc. Reports Fourth Quarter 2023 Net Income of $18.2 Million, or $0.40 per Diluted Share

Jan 24, 2024, 4:30 PM EST - 1 year ago

Old Second Bancorp, Inc. Reports Fourth Quarter 2023 Net Income of $18.2 Million, or $0.40 per Diluted Share

Old Second Bancorp, Inc. (OSBC) Q3 2023 Earnings Call Transcript

Oct 20, 2023, 10:30 AM EDT - 1 year ago

Old Second Bancorp, Inc. (OSBC) Q3 2023 Earnings Call Transcript

Old Second Bancorp, Inc. Reports Third Quarter 2023 Net Income of $24.3 Million, or $0.54 per Diluted Share

Oct 18, 2023, 4:45 PM EDT - 1 year ago

Old Second Bancorp, Inc. Reports Third Quarter 2023 Net Income of $24.3 Million, or $0.54 per Diluted Share

KBRA Releases Surveillance Report for Old Second Bancorp, Inc.

Aug 15, 2023, 9:44 AM EDT - 2 years ago

KBRA Releases Surveillance Report for Old Second Bancorp, Inc.

KBRA Affirms Ratings for Old Second Bancorp, Inc.

Jul 27, 2023, 1:19 PM EDT - 2 years ago

KBRA Affirms Ratings for Old Second Bancorp, Inc.

Old Second Bancorp, Inc. (OSBC) Q2 2023 Earnings Call Transcript

Jul 20, 2023, 1:35 PM EDT - 2 years ago

Old Second Bancorp, Inc. (OSBC) Q2 2023 Earnings Call Transcript

Old Second Bancorp, Inc. Reports Second Quarter 2023 Net Income of $25.6 Million, or $0.56 per Diluted Share

Jul 19, 2023, 4:50 PM EDT - 2 years ago

Old Second Bancorp, Inc. Reports Second Quarter 2023 Net Income of $25.6 Million, or $0.56 per Diluted Share

Old Second Bancorp, Inc. (OSBC) Q1 2023 Earnings Call Transcript

Apr 20, 2023, 5:04 PM EDT - 2 years ago

Old Second Bancorp, Inc. (OSBC) Q1 2023 Earnings Call Transcript

Old Second Bancorp, Inc. Reports First Quarter 2023 Net Income of $23.6 Million, or $0.52 per Diluted Share

Apr 19, 2023, 5:00 PM EDT - 2 years ago

Old Second Bancorp, Inc. Reports First Quarter 2023 Net Income of $23.6 Million, or $0.52 per Diluted Share

Old Second Bancorp, Inc. (OSBC) Q4 2022 Earnings Call Transcript

Jan 26, 2023, 3:52 PM EST - 2 years ago

Old Second Bancorp, Inc. (OSBC) Q4 2022 Earnings Call Transcript

Old Second Bancorp, Inc. Reports Fourth Quarter 2022 Net Income of $23.6 Million, or $0.52 per Diluted Share

Jan 25, 2023, 4:30 PM EST - 2 years ago

Old Second Bancorp, Inc. Reports Fourth Quarter 2022 Net Income of $23.6 Million, or $0.52 per Diluted Share

Old Second Bancorp: Small But Growing (Technical Analysis)

Nov 6, 2022, 1:44 AM EDT - 2 years ago

Old Second Bancorp: Small But Growing (Technical Analysis)

Old Second Bancorp, Inc. (OSBC) Q3 2022 Earnings Call Transcript

Oct 28, 2022, 10:25 PM EDT - 2 years ago

Old Second Bancorp, Inc. (OSBC) Q3 2022 Earnings Call Transcript

Old Second Bancorp, Inc. Reports Third Quarter 2022 Net Income of $19.5 Million, or $0.43 per Diluted Share

Oct 26, 2022, 5:55 PM EDT - 2 years ago

Old Second Bancorp, Inc. Reports Third Quarter 2022 Net Income of $19.5 Million, or $0.43 per Diluted Share

Old Second Bancorp, Inc. (OSBC) CEO Jim Eccher on Q2 2022 Results - Earnings Call Transcript

Jul 30, 2022, 5:45 PM EDT - 3 years ago

Old Second Bancorp, Inc. (OSBC) CEO Jim Eccher on Q2 2022 Results - Earnings Call Transcript

Old Second Bancorp, Inc. (OSBC) CEO Jim Eccher on Q1 2022 Results - Earnings Call Transcript

Apr 29, 2022, 7:18 PM EDT - 3 years ago

Old Second Bancorp, Inc. (OSBC) CEO Jim Eccher on Q1 2022 Results - Earnings Call Transcript

Old Second Receives "Outstanding" Community Reinvestment Act Rating

Apr 5, 2022, 4:30 PM EDT - 3 years ago

Old Second Receives "Outstanding" Community Reinvestment Act Rating

Old Second Bancorp, Inc. (OSBC) CEO Jim Eccher on Q4 2021 Results - Earnings Call Transcript

Jan 27, 2022, 2:45 PM EST - 3 years ago

Old Second Bancorp, Inc. (OSBC) CEO Jim Eccher on Q4 2021 Results - Earnings Call Transcript

Old Second Completes Merger with West Suburban

Dec 1, 2021, 8:50 AM EST - 3 years ago

Old Second Completes Merger with West Suburban

Old Second and West Suburban Announce Shareholder Approval of Merger

Nov 30, 2021, 11:15 AM EST - 3 years ago

Old Second and West Suburban Announce Shareholder Approval of Merger

Old Second Bancorp, Inc. (OSBC) CEO Jim Eccher on Q3 2021 Results - Earnings Call Transcript

Oct 21, 2021, 1:41 PM EDT - 3 years ago

Old Second Bancorp, Inc. (OSBC) CEO Jim Eccher on Q3 2021 Results - Earnings Call Transcript

Old Second Reports Third Quarter Net Income of $8.4 million, or $0.29 per Diluted Share

Oct 20, 2021, 7:31 PM EDT - 3 years ago

Old Second Reports Third Quarter Net Income of $8.4 million, or $0.29 per Diluted Share

Old Second Bancorp, Inc. Announces Receipt of Regulatory Approvals to Complete its Merger Transaction with West Suburban Bancorp, Inc.

Oct 15, 2021, 11:02 AM EDT - 3 years ago

Old Second Bancorp, Inc. Announces Receipt of Regulatory Approvals to Complete its Merger Transaction with West Suburban Bancorp, Inc.

Kaskela Law LLC Announces Shareholder Investigation of Old Second Bancorp, Inc. - OSBC

Sep 25, 2021, 8:00 AM EDT - 4 years ago

Kaskela Law LLC Announces Shareholder Investigation of Old Second Bancorp, Inc. - OSBC

Notable Old Second Bancorp Insider Makes $117.84 Thousand Buy

Sep 7, 2021, 1:56 PM EDT - 4 years ago

Notable Old Second Bancorp Insider Makes $117.84 Thousand Buy

Chart2Champion
Chart2Champion Apr. 28 at 12:38 PM
$OSBC 🔥 Big update just dropped! 🔥 540K+ volume pre-market and official corporate news is out — The company confirmed it’s on the direct path to U.S. Food and Drug Administration premarket approval for their cancer detection test. 🚀 Clinical study phase ✅ Strategic lab partnerships ✅ Financial backing secured ✅ Momentum was already here — now fundamentals are catching up. This is no longer just hype — this is real execution. Setting up for something big. Stay focused. 🚀
0 · Reply
Crawpital
Crawpital Apr. 25 at 2:19 PM
@Trading105 @Tell_It_Like_It_Is @PalmaFutures $OSBC could be a good bet, but M...🤫 this isn’t your usual “maybe it’ll move” setup. This is a full-blown storm. 💬 Reddit, Twitter, Discord — all buzzing. 📰 Major news sites dropped promo pieces overnight. 📢 Ad blitz across Stocktwits, YouTube, TikTok — it’s in your face. 📈 TradingView flipped HARD to STRONG BUY with a $16 target (+400%). 📲 Four different apps pushed STOCK ALERTS on this one. Load up — big moves are expected next week. Word is, if Petra Stark says anything today or tomorrow — it’s launch time. Not “maybe.” Guaranteed. 💥 There’s even talk of Japanese whales or hacker groups behind it — and yeah, they’ve pulled this off before. They don’t miss. 🎯 Everything’s screaming early entry. You’re either in now… or watching it gap $6+ while refreshing your regret.
0 · Reply
Lowlow1
Lowlow1 Apr. 1 at 4:42 PM
$OSBC very good price to jump in at 0.042 has to get to a dollar soon if I post again mybad we are holding over here
0 · Reply
NVDAMillionaire
NVDAMillionaire Mar. 29 at 2:11 PM
$OSBC Digging the Bancorp Financial merger. Looks like strategic move to expand Chicago footprint. Potential upside for regional growth. Watching closely for integration details. great article: https://beyondspx.com/article/old-second-bancorp-nasdaq-osbc-navigating-an-evolving-midwest-banking-landscape
0 · Reply
JarvisFlow
JarvisFlow Feb. 27 at 1:06 PM
Keefe, Bruyette & Woods has adjusted their stance on Old Second Bancorp ($OSBC), setting the rating to Outperform with a target price of 22 → 24.
0 · Reply
JarvisFlow
JarvisFlow Feb. 26 at 2:20 PM
Stephens & Co. has adjusted their stance on Old Second Bancorp ($OSBC), setting the rating to Overweight with a target price of 21 → 22.
0 · Reply
NVDAMillionaire
NVDAMillionaire Jan. 26 at 8:50 AM
$OSBC Old Second Bancorp (OSBC): Navigating the Evolving Interest Rate Landscape with Resilience https://beyondspx.com/article/old-second-bancorp-osbc-a-promising-community-bank-navigating-market-challenges
0 · Reply
NVDAMillionaire
NVDAMillionaire Dec. 24 at 6:09 AM
$OSBC Old Second Bancorp (OSBC): A Promising Community Bank Navigating Market Challenges https://beyondspx.com/article/old-second-bancorp-osbc-a-promising-community-bank-navigating-market-challenges
0 · Reply
insiderbuyingselling
insiderbuyingselling Nov. 5 at 4:27 PM
$OSBC new insider buying: 26 shares. http://insiderbuyingselling.com/?t=OSBC
0 · Reply
NVDAMillionaire
NVDAMillionaire Aug. 2 at 4:44 PM
$OSBC Old Second Bancorp (OSBC): Navigating the Evolving Interest Rate Landscape with Resilience http://beyondspx.com/2024/08/02/old-second-bancorp-osbc-navigating-the-evolving-interest-rate-landscape-with-resilience/
0 · Reply
StockInvest_us
StockInvest_us Aug. 1 at 11:33 PM
Signal alert: $OSBC - Overbought Trend Short (Overvalued) https://stockinvest.us/l/bV2ZV2ghHO
0 · Reply
insiderbuyingselling
insiderbuyingselling Jul. 23 at 1:09 PM
$OSBC new insider selling: 30585 shares. http://insiderbuyingselling.com/?t=OSBC
0 · Reply
DonCorleone77
DonCorleone77 Jul. 17 at 8:38 PM
$OSBC Old Second Bancorp reports Q2 EPS 46c, consensus 47c Reports Q2 revenue $$70.817M, consensus $69.8M.
0 · Reply
Stock_Titan
Stock_Titan Jul. 17 at 8:31 PM
$OSBC Old Second Bancorp, Inc. Reports Second Quarter 2024 Net Income of $21.9 Million, or $0.48 per Diluted Share https://www.stocktitan.net/news/OSBC/old-second-bancorp-inc-reports-second-quarter-2024-net-income-of-21-52ncesoxv6w4.html
0 · Reply
G101SPM
G101SPM Apr. 25 at 2:24 PM
#INSIDERS * $HROW 10% owner Opaleye Management bought 20,000 shares at $10.09 - $10.30 worth ~$205K. $RXO 10% owner MFN Partners bought 100,000 shares at $19.48 - $19.86 worth nearly $2.0 mln. $AVO 10% owner sold 101,203 shares at $11.00 - $11.50 worth ~$1.1 mln. KMB Chief Human Resources Officer sold 6,288 shares at $137.2504 worth approx. $863K. $KR Senior Vice President sold 15,000 shares at $55.52 - $55.54 worth ~$833K. $OSBC Vice Chairman sold 40,267 shares at $14.48 - $14.57 worth ~$586K. *Holds long position.
0 · Reply
insiderbuyingselling
insiderbuyingselling Apr. 24 at 9:54 PM
$OSBC new insider selling: 40267 shares. http://insiderbuyingselling.com/?t=OSBC
0 · Reply
Stock_Titan
Stock_Titan Apr. 17 at 8:31 PM
$OSBC Old Second Bancorp, Inc. Reports First Quarter 2024 Net Income of $21.3 Million, or $0.47 per Diluted Share https://www.stocktitan.net/news/OSBC/old-second-bancorp-inc-reports-first-quarter-2024-net-income-of-21-3-dihxujhz0oyd.html
0 · Reply
Stock_Titan
Stock_Titan Apr. 15 at 3:01 PM
$OSBC O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Catalina Finer Food, LLC in their Acquisition of Saugatuck Kitchens, LLC https://www.stocktitan.net/news/OSBC/o2-sponsor-finance-provides-senior-secured-credit-facilities-to-uf3o461mwk3m.html
0 · Reply
Richapeslayer_pounce
Richapeslayer_pounce Apr. 8 at 11:13 PM
$OSBC what is the spread like during trading hours ? I missed it today ?
0 · Reply
DonCorleone77
DonCorleone77 Apr. 4 at 11:36 AM
$BOKF $OSBC $TCBI Raymond James changes three bank ratings ahead of Q1 reports Raymond James analysts upgraded BOK Financial (BOK) to Outperform from Market Perform with a $103 price target, upgraded Old Second Bancorp (OSBC) to Strong Buy from Outperform with a $17 price target, and downgraded Texas Capital (TCBI) to Market Perform from Outperform without a price target. The firm believes bank stocks are attractive overall but says credit risk "remains the largest hurdle to overcome for investors and should be analyzed on a bank-by-bank basis" Such uncertainty is likely to create continued volatility in bank stock trading, the analysts tell investors in a research note. Raymond James thinks BOK's 2024 guidance will turn out to be conservative and says Old Second appears to be quarters ahead of its peers in downgrading credit and taking losses. For Texas Capital, the firm sees the bank's revenue headwinds that impacted Q4 lingering for longer than expected.
0 · Reply
Stock_Titan
Stock_Titan Mar. 20 at 3:02 PM
$OSBC O2 Sponsor Finance provides Senior Secured Credit Facilities to Support Corridor Capital in its Acquisition of Association Headquarters https://www.stocktitan.net/news/OSBC/o2-sponsor-finance-provides-senior-secured-credit-facilities-to-l8w37t530l4s.html
0 · Reply
Stock_Titan
Stock_Titan Mar. 7 at 4:01 PM
$OSBC Daniele Joins Old Second National Bank https://www.stocktitan.net/news/OSBC/daniele-joins-old-second-national-wq7c60kiej49.html
0 · Reply