Old Second Bancorp Stock Today
| OSBC Stock | USD 14.50 0.07 0.49% |
Performance2 of 100
| Odds Of DistressLess than 5
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Old Second is trading at 14.50 as of the 25th of April 2024, a 0.49% increase since the beginning of the trading day. The stock's open price was 14.43. Old Second has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Equity ratings for Old Second Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 18th of August 1995 | Category Financial Services | Classification Financials |
Old Second Bancorp, Inc. operates as the bank holding company for Old Second National Bank that provides community banking services. Old Second Bancorp, Inc. was incorporated in 1981 and is headquartered in Aurora, Illinois. Old Second operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. The company has 44.85 M outstanding shares of which 691.08 K shares are now shorted by private and institutional investors with about 4.4 trading days to cover. More on Old Second Bancorp
Moving together with Old Stock
| 0.82 | BY | Byline Bancorp Normal Trading | PairCorr |
Moving against Old Stock
| 0.63 | KB | KB Financial Group Earnings Call Today | PairCorr |
| 0.6 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
| 0.5 | TFC-PI | Truist Financial | PairCorr |
| 0.47 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.44 | VBFC | Village Bank | PairCorr |
Old Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Old Second's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Old Second or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | William Skoglund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Old Second report their recommendations after researching Old Second's financial statements, talking to executives and customers, or listening in on Old Second's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Old Second Bancorp. The Old consensus assessment is calculated by taking the average forecast from all of the analysts covering Old Second. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Old Second's historical financial statements, Old Second Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Old Second Bancorp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Old Second's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Old Second's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Old Second's financial leverage. It provides some insight into what part of Old Second's total assets is financed by creditors.
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Old Second Bancorp (OSBC) is traded on NASDAQ Exchange in USA. It is located in 37 South River Street, Aurora, IL, United States, 60507 and employs 834 people. Old Second is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 650.26 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Old Second's market, we take the total number of its shares issued and multiply it by Old Second's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Old Second Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 44.85 M outstanding shares of which 691.08 K shares are now shorted by private and institutional investors with about 4.4 trading days to cover.
Old Second Bancorp currently holds about 281.34 M in cash with 116.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.31.
Check Old Second Probability Of Bankruptcy
Ownership AllocationOld Second owns a total of 44.85 Million outstanding shares. The majority of Old Second Bancorp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Old Second Bancorp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Old Second. Please pay attention to any change in the institutional holdings of Old Second Bancorp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Old Ownership Details
Old Stock Price Odds Analysis
What are Old Second's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Old Second jumping above the current price in 90 days from now is about 6.09%. The Old Second Bancorp probability density function shows the probability of Old Second stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Old Second has a beta of 0.1365. This indicates as returns on the market go up, Old Second average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Old Second Bancorp will be expected to be much smaller as well. Additionally, old Second Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Old Second to move above the current price in 90 days from now is about 6.09 (This Old Second Bancorp probability density function shows the probability of Old Stock to fall within a particular range of prices over 90 days) .
Old Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Old Second that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Old Second's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Old Second's value.| Instituion | Recorded On | Shares | |
| Stieven Capital Advisors, L.p. | 2023-12-31 | 640.1 K | |
| Northern Trust Corp | 2023-12-31 | 637.7 K | |
| Kennedy Capital Management Inc | 2023-12-31 | 591.6 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 568.6 K | |
| American Century Companies Inc | 2023-12-31 | 549.6 K | |
| Wellington Management Company Llp | 2023-12-31 | 387.8 K | |
| River Oaks Capital Llc | 2023-09-30 | 381.1 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 379.6 K | |
| Holocene Advisors, Lp | 2023-09-30 | 375.2 K | |
| Blackrock Inc | 2023-12-31 | 3.5 M | |
| Forum Financial Management, Lp | 2023-12-31 | 2.7 M |
Old Second Historical Income Statement
Old Second Bancorp Income Statement is one of the three primary financial statements used for reporting Old's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Old Second Bancorp revenue and expense. Old Second Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Old Second's Selling And Marketing Expenses is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 342 M, whereas Depreciation And Amortization is forecasted to decline to about 2.2 M. View More FundamentalsOld Stock Against Markets
Picking the right benchmark for Old Second stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Old Second stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Old Second is critical whether you are bullish or bearish towards Old Second Bancorp at a given time. Please also check how Old Second's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Old Second without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Old Second Corporate Directors
Old Second corporate directors refer to members of an Old Second board of directors. The board of directors generally takes responsibility for the Old Second's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Old Second's board members must vote for the resolution. The Old Second board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Edward Bonifas | Independent Director | Profile | |
| Barry Finn | Independent Director | Profile | |
| John Ladowicz | Independent Director | Profile | |
| Hugh McLean | Independent Director | Profile |
How to buy Old Stock?
Before investing in Old Second, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Old Second. To buy Old Second stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Old Second. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Old Second stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Old Second Bancorp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Old Second Bancorp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Old Second Bancorp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Old Stock please use our How to Invest in Old Second guide.
Already Invested in Old Second Bancorp?
The danger of trading Old Second Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Old Second is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Old Second. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Old Second Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Old Second Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old Second's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Old Second Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old Second Bancorp Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Second Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Old Second Bancorp information on this page should be used as a complementary analysis to other Old Second's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Old Stock analysis
When running Old Second's price analysis, check to measure Old Second's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Old Second is operating at the current time. Most of Old Second's value examination focuses on studying past and present price action to predict the probability of Old Second's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Second's price. Additionally, you may evaluate how the addition of Old Second to your portfolios can decrease your overall portfolio volatility.
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Is Old Second's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Second. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Second listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.1) | Dividend Share 0.2 | Earnings Share 1.97 | Revenue Per Share 6.006 | Quarterly Revenue Growth (0.02) |
The market value of Old Second Bancorp is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Second's value that differs from its market value or its book value, called intrinsic value, which is Old Second's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Second's market value can be influenced by many factors that don't directly affect Old Second's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Second's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Second is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Second's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.