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Old Second Bancorp, Inc.

OSBC Financial Banks Regional

Old Second Bancorp, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $401.5 million, up 17.5% from fiscal 2024.

Revenue
−1.73%
EPS
+200.0%
Free cash flow
+282.3%
Total debt
−17.4%

Quarter to September 2026, against a year earlier

24.41 0.06 +0.25%
Market cap
$1.2B
P/E
11.3×
Fwd P/E
11.3×
Dividend yield
1.19%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.00
Sold, $m 7.05
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 1 — — — — — —
Sell 1 1 3 1 — 4 — — 2 5 — —
Insider Ownership 4.68%

Capital & Financial Ratios $m

Size
Market Cap 1,240.00
Revenue ttm 455.04
Net income ttm 111.49
Free cash flow ttm 174.59
Net debt Q (108.10)
Valuation
P/E 11.28
Forward P/E 11.30
Price / sales 2.69
Forward P/S Powerpack
Price / FCF 7.88
Price / book 1.40
Financial health
Current ratio Q 0.91
Debt / equity Q 0.00
Interest coverage Q —
Growth
Revenue growth Q −1.73% (below 0%: shrinking)
Operating income growth Q +196.50% (above 0%: growing)
EPS, this year +33.23% (at or above 15%: strong)
EPS, next year A +9.58%
Revenue, next year A −17.02% (below 0%: weak)
EPS, past 5 yrs +11.98%
EPS, next 5 yrs A +16.25% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 47.38%
10-year low 10-year high
P/S against its own 10 years 59.59%
10-year low 10-year high
P/B against its own 10 years 63.44%
10-year low 10-year high

Dividends raised 3 years running

Yield
1.19%
Annual rate
0.29
Payout ratio
13.7%
Growth, 2018–26
+28.1%/yr
  1. 0.04 ’18
  2. 0.04 ’19 +0
  3. 0.04 ’20 +0
  4. 0.16 ’21 +300
  5. 0.20 ’22 +25
  6. 0.20 ’23 +0
  7. 0.21 ’24 +5
  8. 0.25 ’25 +19
  9. 0.29 ’26 +16
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 100 99 124 108
Receivables — — — —
Inventory — — — —
Other — — — —
4,100 4,039 5,308 —
2023 2024 2025 Q'26
Payables 4,571 4,769 5,596 5,328
ST’ Debt — — — —
Other — — — —
5,002 4,825 5,835 —

Compound Annual Growth %

10y 5y 3y
Sales 15.21% 23.16% 15.65%
Cash Flow 19.19% 36.30% 7.89%
Earnings 19.51% 23.61% 6.01%
Book Value 19.12% 23.90% 24.82%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 0.59 Actual 0.55

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.53 0.58 Beat by 0.05
Q1 FY26 0.52 0.49 Miss by 0.03
Q2 FY26 0.54 0.55 Beat by 0.01
Q3 FY26 0.59 0.55 Miss by 0.04
Q4 FY26 0.58 — Reports 20 January 2027

EPS $

Mar Jun Sep Dec Year
’26 0.48 0.54 0.56 — —
’25 0.43 0.48 0.18 0.54 1.62
’24 0.47 0.48 0.50 0.42 1.87
’23 0.52 0.56 0.54 0.40 2.02
’22 0.27 0.27 0.43 0.52 1.49
’21 0.40 0.30 0.29 (0.26) 0.65
’20 0.01 0.31 0.34 0.27 0.92
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 111 114 115 — —
’25 84 86 117 114 402
’24 84 84 87 87 342
’23 78 82 84 82 326
’22 57 57 70 77 260
’21 37 32 34 41 144
’20 34 36 37 35 142
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 37 29 65 — —
’25 18 24 36 44 122
’24 47 12 48 24 132
’23 35 (29) 82 29 116
’22 0 27 33 37 97
’21 15 9 26 (20) 31
’20 9 12 (4) 9 26
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 36 29 65 — —
’25 16 43 17 44 120
’24 44 11 44 22 121
’23 34 (31) 80 25 109
’22 1 32 36 37 106
’21 15 9 26 (21) 29
’20 8 11 (5) 8 22
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 102 118 139 151 142 144 260 326 342 402 455 +16.5% 333 338 349 (4.5%)
Gross margin, % 90.25 89.29 88.00 87.56 91.20 94.15 96.03 87.72 83.53 84.51 84.10 (5.7) pt
EBT 25 34 44 52 37 28 92 124 113 108 150 +17.9%
EBT margin, % 24.03 29.10 31.62 34.25 26.40 19.30 35.27 38.14 33.05 26.83 32.95 +2.8 pt
Net income 16 15 34 39 28 20 67 92 85 80 111 +19.9%
Per share, $
Per share, $ Revenue 3.45 3.98 4.67 5.06 4.78 4.78 5.83 7.30 7.62 8.22 9.05 +10.1%
Earnings 0.53 0.51 1.14 1.32 0.94 0.66 1.51 2.05 1.90 1.64 2.16 +13.4%
Cash flow 0.92 1.25 1.85 1.76 0.88 1.03 2.19 2.61 2.93 2.50 3.47 +11.7%
Capex (0.07) (0.04) (0.06) (0.15) (0.13) (0.07) 0.20 (0.18) (0.24) (0.05) 0.00 (4.1%)
Free cash flow 0.86 1.22 1.78 1.62 0.74 0.96 2.39 2.43 2.69 2.46 3.47 +12.4%
Book value 5.93 6.77 7.71 9.30 10.37 16.62 10.36 12.93 14.97 18.35 17.47 +13.4%
Shares, m 30 30 30 30 30 30 45 45 45 49 51 +5.8%
Valuation, ×
Valuation, × P/E 20.57 25.94 11.40 10.20 10.74 17.25 10.69 7.48 9.36 11.68 11.28 13.5
P/S 3.16 3.45 2.78 2.66 2.11 2.63 2.77 2.10 2.33 2.37 2.69 2.6
P/B 1.84 2.03 1.69 1.45 0.97 0.76 1.56 1.19 1.19 1.06 1.40 1.4
EV/Sales 3.69 3.84 3.23 3.04 0.44 (1.55) 2.86 2.05 2.29 2.31 — 2.2
EV/FCF 14.89 12.56 8.46 9.54 2.85 (7.69) 6.98 6.17 6.48 7.74 — 6.8
Cash, $m
Cash, $m Operating cash flow 27 37 55 53 26 31 97 116 132 122 175 +18.1%
Capex (2) (1) (2) (4) (4) (2) 9 (8) (11) (2) (19) +1.4%
Free cash flow 25 36 53 48 22 29 106 109 121 120 175 +18.9%
Balance, $m
Balance, $m Working capital (448) (408) (377) (259) (261) (1,383) (1,297) (902) (787) (527) (522) +1.8%
Net debt 54 46 62 58 (236) (604) 23 (15) (14) (24) (108) n/m
Shareholders’ equity 175 200 229 278 307 502 461 577 671 897 879 +19.9%
Returns, %
Returns, % ROA 0.72 0.65 1.34 1.49 0.98 0.43 1.11 1.58 1.50 1.28 1.62 +0.6 pt
ROIC 6.67 8.71 9.43 9.65 33.06 0.00 11.81 13.83 10.75 7.72 12.16 +1.1 pt
ROE 9.47 8.06 15.84 15.57 9.51 4.95 14.00 17.67 13.66 10.24 12.78 +0.8 pt
People
People Employees 467 450 518 535 533 891 819 834 850 1,062 — +9.6%
Revenue/emp, $m 0.22 0.26 0.27 0.28 0.27 0.16 0.32 0.39 0.40 0.38 — +6.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 4 Nov 2026

Old Second Bancorp, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
WABC Westamerica Bancorporation $1.4B 12.9× 12.8× +0.43% (above 0%: growing) +8.93% (above 0%: growing) −33.14% (below 0%: shrinking) 94.65% 0.00% Compare
HBT HBT Financial, Inc. $1.4B 15.9× 13.1× +37.46% (above 0%: growing) +26.23% (above 0%: growing) +36.90% (above 0%: growing) 80.56% 0.00% Compare
FMBH First Mid Bancshares, Inc. $1.4B 12.6× 11.2× +22.84% (above 0%: growing) +7.14% (above 0%: growing) +290.93% (above 0%: growing) 75.49% 0.00% Compare
CTBI Community Trust Bancorp, Inc. $1.3B 11.6× 11.2× +6.97% (above 0%: growing) +18.84% (above 0%: growing) +217.37% (above 0%: growing) 72.12% 0.00% Compare
OSBC Old Second Bancorp, Inc. $1.2B 11.3× 11.3× −1.73% (below 0%: shrinking) +200.00% (above 0%: growing) +282.25% (above 0%: growing) 84.33% 0.00%
PFBC Preferred Bank $1.2B 9.4× 9.8× −3.71% (below 0%: shrinking) −4.14% (below 0%: shrinking) −33.29% (below 0%: shrinking) 57.05% 0.00% Compare
MCB Metropolitan Bank Holding Corp. $1.2B 11.9× 9.9× +10.67% (above 0%: growing) −12.92% (below 0%: shrinking) −168.73% (below 0%: shrinking) 64.82% 0.00% Compare
HFWA Heritage Financial Corporation $1.2B 14.1× 14.6× +24.60% (above 0%: growing) −17.86% (below 0%: shrinking) +0.66% (above 0%: growing) 79.05% 0.00% Compare
AMTB Amerant Bancorp Inc. $1.2B 17.3× 13.2× −6.05% (below 0%: shrinking) +87.60% (above 0%: growing) +137.85% (above 0%: growing) 68.11% 0.00% Compare
Median of peers $1.2B 12.7× 12.0× +8.82% +8.04% +18.78% 73.81% 0.00%

All 327 Banks Regional stocks →

Pay and ownership Proxy statement filed 6 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 3.11m 3.49m 106.78
2024 2.69m 3.12m 85.86
2023 2.29m 2.18m 19.90
2022 1.70m 2.01m 22.84
2021 1.72m 2.06m (4.93)

Ownership

Directors and executive officers, together 3.60%
Blackrock , Inc. 8.00%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Old Second Bancorp, Inc. (OSBC) Latest News

29 Oct

Impact 4 · · The Motley Fool
Impact 3 · · ACCESS Newswire

24 Oct

Impact 4 · · Simply Wall St.

23 Oct

Impact 4 · · StockStory
Impact 3 · · StockStory
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22 Oct

Impact 3 · · The Motley Fool transcript
Impact 3 · · MarketBeat
Impact 3 · · Moby earnings

21 Oct

Impact 3 · · Zacks
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Impact 3 · · ACCESS Newswire earnings
Impact 3 · · Associated Press

20 Oct

Impact 3 · · StockStory

16 Oct

Impact 3 · · StockStory

15 Oct

Impact 3 · · Simply Wall St.
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14 Oct

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24 Sep

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21 Aug

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31 Jul

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23 Jul

Impact 4 · · Moby
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22 Jul

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15 Jul

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25 May

Impact 3 · · StockStory

27 Apr

Impact 4 · · Simply Wall St.
stockrow.com/OSBC · Data as of Nov 4, 2026 · For information only; not investment advice. · © 2026 stockrow.com