Old Second Bancorp (NASDAQ:OSBC) released its quarterly earnings results on Wednesday. The financial services provider reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01, Fidelity Earnings reports. The business had revenue of $32.43 million during the quarter, compared to analyst estimates of $33.03 million. Old Second Bancorp had a return on equity of 15.36% and a net margin of 26.06%.
Shares of Old Second Bancorp stock opened at $12.91 on Friday. Old Second Bancorp has a 1 year low of $11.24 and a 1 year high of $14.80. The firm has a market cap of $394.42 million, a PE ratio of 9.93 and a beta of 1.07. The stock has a fifty day moving average price of $13.04 and a 200-day moving average price of $12.51. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.88 and a quick ratio of 0.88.
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Friday, January 31st will be given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.31%. The ex-dividend date of this dividend is Thursday, January 30th. Old Second Bancorp’s dividend payout ratio is presently 3.08%.
Old Second Bancorp Company Profile
Old Second Bancorp, Inc is a bank holding company, which engages in the provision of traditional retail and commercial banking services through its wholly owned subsidiaries. Its services includes personal banking, loans, business banking, and wealth management. The company was founded in 1981 and is headquartered in Aurora, IL.
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