unlike other chicago-area banks, our heritage traces the advancement and evolution of the banking industry and the growth and expansion of the chicago metropolitan area. the same local spirit that sparked that original group of early settlers to invest in and finance their town’s growth helped guide us as old second expanded throughout kane, kendall, dekalb, dupage, cook, lasalle and will counties and the surrounding communities. in addition to their commitment to community, our founders’ fiscal discipline remains among our bank’s guiding principles. backed by an unwavering sense of financial responsibility, we’ve persevered through the most challenging and rewarding economic climates and historical events of the late-19th century, the entire 20th century and the early 21st century. our balance sheet remains solid, our credit rating remains strong and our dedication to building strong and lasting relationships with our customers remains unparalleled. since 1871, old second consistently
![Old Second Bancorporation logo](/files/LOGO/357173-OSBC.png)
Company profile
Ticker
OSBC
Exchange
Website
CEO
James Eccher
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Old Second Affordable Housing Fund, L.L.C. • Station I, LLC • River Street Advisors, LLC ...
IRS number
363143493
OSBC stock data
Latest filings (excl ownership)
8-K
Results of Operations and Financial Condition
17 Jul 24
8-K
Other Events
16 Jul 24
8-K
Other Events
1 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
23 May 24
8-K
Regulation FD Disclosure
21 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Regulation FD Disclosure
8 May 24
ARS
2023 FY
Annual report to shareholders
19 Apr 24
DEF 14A
Definitive proxy
19 Apr 24
8-K
Results of Operations and Financial Condition
17 Apr 24
Transcripts
OSBC
Earnings call transcript
2024 Q2
18 Jul 24
OSBC
Earnings call transcript
2024 Q1
18 Apr 24
OSBC
Earnings call transcript
2023 Q4
25 Jan 24
OSBC
Earnings call transcript
2023 Q3
19 Oct 23
OSBC
Earnings call transcript
2023 Q2
20 Jul 23
OSBC
Earnings call transcript
2023 Q2
20 Jul 23
OSBC
Earnings call transcript
2023 Q1
20 Apr 23
OSBC
Earnings call transcript
2022 Q4
26 Jan 23
OSBC
Earnings call transcript
2022 Q3
29 Oct 22
OSBC
Earnings call transcript
2022 Q2
30 Jul 22
Latest ownership filings
4
John Ladowicz
23 Jul 24
4
Donald Pilmer
2 Jul 24
4
GARY S COLLINS
2 Jul 24
4
BRADLEY S. ADAMS
2 Jul 24
4
Richard A Gartelmann JR
2 Jul 24
4
James Eccher
2 Jul 24
11-K
Annual report of employee stock purchases
28 Jun 24
4
GARY S COLLINS
9 May 24
4
Billy J Jr. Lyons
7 May 24
4
GARY S COLLINS
24 Apr 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 98.09 mm | 98.09 mm | 98.09 mm | 98.09 mm | 98.09 mm | 98.09 mm |
Cash burn (monthly) | 683.67 k | 410.67 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 2.64 mm | 1.59 mm | n/a | n/a | n/a | n/a |
Cash remaining | 95.45 mm | 96.51 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 139.6 | 235.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
4.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 48 |
Opened positions | 36 |
Closed positions | 4 |
Increased positions | 5 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 23.45 bn |
Total shares | 1.81 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BK Bank Of New York Mellon | 216.15 k | $2.99 bn |
State of New Jersey Common Pension Fund D | 207.60 k | $2.87 bn |
Assenagon Asset Management | 190.27 k | $2.63 bn |
Great Lakes Advisors | 183.78 k | $2.54 bn |
Empowered Funds | 101.68 k | $1.41 bn |
Fairhaven Wealth Management | 94.50 k | $1.31 bn |
Swiss National Bank | 88.00 k | $1.22 bn |
Russell Investments | 86.79 k | $1.20 bn |
Wealth Enhancement Advisory Services | 71.59 k | $990.84 mm |
Los Angeles Capital Management & Equity Research | 70.06 k | $969.62 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Jul 24 | John Ladowicz | Old Second Bancorp, Inc. Common Stock | Sell | Dispose S | Yes | No | 16.2177 | 30,585 | 496.02 k | 189,192 |
30 Jun 24 | Richard A Gartelmann JR | Old Second Bancorp, Inc. Common Stock | Other | Acquire J | Yes | No | 0 | 110 | 0.00 | 12,074 |
8 May 24 | Collins Gary S | Old Second Bancorp, Inc. Common Stock | Sell | Dispose S | No | No | 14.2274 | 21,002.306 | 298.81 k | 46,624 |
6 May 24 | Billy J Jr. Lyons | Old Second Bancorp, Inc. Common Stock | Buy | Acquire P | No | No | 14.44 | 24 | 346.56 | 13,720 |
23 Apr 24 | Collins Gary S | Old Second Bancorp, Inc. Common Stock | Sell | Dispose S | No | No | 14.57 | 22,267 | 324.43 k | 67,626.306 |
23 Apr 24 | Collins Gary S | Old Second Bancorp, Inc. Common Stock | Sell | Dispose S | Yes | No | 14.55 | 15,000 | 218.25 k | 61,768.085 |
22 Apr 24 | Collins Gary S | Old Second Bancorp, Inc. Common Stock | Sell | Dispose S | No | No | 14.48 | 3,000 | 43.44 k | 89,893.306 |
31 Mar 24 | Richard A Gartelmann JR | Old Second Bancorp, Inc. Common Stock | Other | Acquire J | Yes | No | 0 | 271 | 0.00 | 11,964 |
News
DA Davidson Maintains Buy on Old Second Bancorp, Raises Price Target to $19
19 Jul 24
Piper Sandler Maintains Overweight on Old Second Bancorp, Raises Price Target to $19.5
19 Jul 24
Old Second Bancorp Q2 2024 Sales $70.817M Beat $69.805M Estimate
17 Jul 24
Old Second Bancorp Q2 2024 Adj EPS $0.46 Misses $0.47 Estimate
17 Jul 24
All You Need to Know About Old Second Bancorp Rating Upgrade to Buy
18 Jun 24
Press releases
Old Second Bancorp, Inc. Reports Second Quarter 2024 Net Income of $21.9 Million, or $0.48 per Diluted Share
17 Jul 24
O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Encore Consumer Capital in its Acquisition of Chalet Desserts
9 Jul 24
O2 Sponsor Finance Hires Sean Maher as Vice President
17 Jun 24