Old Second Bancorp Delivers Q1 Revenue of $93.7M, Net Income $25.6M, EPS $0.48
Summary
Old Second Bancorp reported first-quarter 2026 core revenue of $93.7 million, net income of $25.6 million, and diluted earnings per share of $0.48. These figures represent year-over-year growth in net income and EPS, partly driven by acquisition-related revenue and higher loan yields. This news provides the specific financial performance metrics from the Q1 2026 10-Q filing, which was previously noted in the timeline for highlighting a sharp increase in nonperforming loans and credit loss provisions. While the company achieved growth in key financial metrics, the underlying asset quality concerns present a mixed picture for investors. Traders will continue to monitor credit trends and the company's risk management strategies.
At the time of this announcement, OSBC was trading at $21.12 on NASDAQ in the Finance sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $16.21 to $22.43. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.