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Stock impact report

Old Second Bancorp Inc Reports Decline in Q4 Net Income Amid Rising Interest Rates [Yahoo! Finance]

Old Second Bancorp, Inc. (OSBC) 
Last old second bancorp, inc. earnings: 4/22 05:30 pm Check Earnings Report
US:NASDAQ Investor Relations: oldsecond.com
Company Research Source: Yahoo! Finance
Diluted EPS : $0.40 per diluted share in Q4 2023, compared to $0.54 in Q3 2023 and $0.52 in Q4 2022. Net Interest Income : Decreased to $61.2 million in Q4 2023 from $63.0 million in Q3 2023 and $64.1 million in Q4 2022. Provision for Credit Losses : Increased to $8.0 million in Q4 2023, up from $3.0 million in Q3 2023 and $1.5 million in Q4 2022. Total Assets : Decreased to $5.72 billion as of December 31, 2023, from $5.76 billion as of September 30, 2023. Efficiency Ratio : Improved slightly to 50.82% in Q4 2023 from 50.08% in Q3 2023. Capital Ratios : Common equity tier 1 capital ratio stood at 11.37% as of December 31, 2023. Warning! GuruFocus has detected 3 Warning Signs with OSBC. On January 24, 2024, Old Second Bancorp Inc ( NASDAQ:OSBC ) released its 8-K filing , reporting a decrease in net income for the fourth quarter of 2023. The bank holding company, which offers a range of consumer and commercial banking products, faced challenges due to rising market inter Show less Read more
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