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
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)
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
8-K
Other Events
16 Apr 24
8-K
Other Events
1 Apr 24
8-K
Departure of Directors or Certain Officers
26 Mar 24
10-K
2023 FY
Annual report
7 Mar 24
8-K
Results of Operations and Financial Condition
24 Jan 24
8-K
Other Events
16 Jan 24
8-K
Other Events
3 Jan 24
Transcripts
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 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
OSBC
Earnings call transcript
2022 Q1
29 Apr 22
OSBC
Earnings call transcript
2021 Q4
27 Jan 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
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) | 109.03 mm | 109.03 mm | 109.03 mm | 109.03 mm | 109.03 mm | 109.03 mm |
Cash burn (monthly) | 1.19 mm | 593.42 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 8.25 mm | 4.11 mm | n/a | n/a | n/a | n/a |
Cash remaining | 100.78 mm | 104.93 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 84.5 | 176.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
66.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 143 |
Opened positions | 20 |
Closed positions | 8 |
Increased positions | 52 |
Reduced positions | 40 |
13F shares | Current |
---|---|
Total value | 402.02 bn |
Total shares | 29.79 mm |
Total puts | 1.00 k |
Total calls | 4.80 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.18 mm | $43.25 bn |
Forum Financial Management | 2.86 mm | $38.92 bn |
FJ Capital Management | 2.65 mm | $36.04 bn |
Vanguard | 2.26 mm | $30.77 bn |
Banc Funds | 2.05 mm | $27.87 bn |
Dimensional Fund Advisors | 1.22 mm | $16.60 bn |
STT State Street | 1.07 mm | $14.53 bn |
Manufacturers Life Insurance Company, The | 970.38 k | $13.21 bn |
Stieven Capital Advisors | 942.94 k | $12.83 bn |
JPM JPMorgan Chase & Co. | 915.75 k | $12.46 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
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 |
20 Mar 24 | Collins Gary S | RSU | Grant | Acquire A | No | No | 0 | 16,492 | 0.00 | 50,330 |
13 Mar 24 | Eccher James | Old Second Bancorp, Inc. Common Stock | Payment of exercise | Dispose F | No | No | 13.36 | 8,998 | 120.21 k | 289,407 |
13 Mar 24 | Eccher James | Old Second Bancorp, Inc. Common Stock | Grant | Acquire A | No | No | 0 | 30,714 | 0.00 | 298,405 |
13 Mar 24 | Collins Gary S | Old Second Bancorp, Inc. Common Stock | Payment of exercise | Dispose F | No | No | 13.36 | 4,665 | 62.32 k | 6,594 |
13 Mar 24 | Collins Gary S | Old Second Bancorp, Inc. Common Stock | Grant | Acquire A | No | No | 0 | 15,924 | 0.00 | 15,924 |
13 Mar 24 | Bradley S. Adams | Old Second Bancorp, Inc. Common Stock | Payment of exercise | Dispose F | No | No | 13.36 | 4,713 | 62.97 k | 121,757 |
13 Mar 24 | Bradley S. Adams | Old Second Bancorp, Inc. Common Stock | Grant | Acquire A | No | No | 0 | 16,089 | 0.00 | 126,470 |
News
Old Second Bancorp Q1 2024 Adj EPS $0.47, Inline, Sales $70.284M Beat $69.799M Estimate
17 Apr 24
Earnings Scheduled For April 17, 2024
17 Apr 24
Raymond James Upgrades Old Second Bancorp to Strong Buy, Maintains Price Target to $17
4 Apr 24
Exceeding Expectations: Old Second Bancorp Achieves Strong Performance and Rewards Investors
5 Feb 24
A Look Into Financial Services Sector Value Stocks
1 Feb 24
Press releases
Old Second Bancorp, Inc. Reports First Quarter 2024 Net Income of $21.3 Million, or $0.47 per Diluted Share
17 Apr 24
O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Catalina Finer Food, LLC in their Acquisition of Saugatuck Kitchens, LLC
15 Apr 24
O2 Sponsor Finance provides Senior Secured Credit Facilities to Support Corridor Capital in its Acquisition of Association Headquarters
20 Mar 24
Rankins Joins Old Second National Bank
7 Mar 24
Daniele Joins Old Second National Bank
7 Mar 24