Old Second Bancorp, Inc. Reports Fourth Quarter 2023 Net Income of $18.2 Million, or $0.40 per Diluted Share [Yahoo! Finance]
Old Second Bancorp, Inc. (OSBC)
Last old second bancorp, inc. earnings: 4/22 05:30 pm
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Source: Yahoo! Finance
company of Old Second National Bank (the "Bank"), today announced financial results for the fourth quarter of 2023. Our net income was $18.2 million, or $0.40 per diluted share, for the fourth quarter of 2023, compared to net income of $24.3 million, or $0.54 per diluted share, for the third quarter of 2023, and net income of $23.6 million, or $0.52 per diluted share, for the fourth quarter of 2022. Adjusted net income, a non-GAAP financial measure that excludes nonrecurring litigation related expenses and Visa portfolio liquidation and deconversion costs, as applicable, was $19.1 million, or $0.42 per diluted share, for the fourth quarter of 2023, compared to $24.8 million, or $0.55 per diluted share, for the third quarter of 2023. See the discussion entitled "Non-GAAP Presentations" below and the tables beginning on page 17 that provide a reconciliation of each non-GAAP measure to the most comparable GAAP equivalent. Noteworthy items impacting fourth quarter 2023 results include a $
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News
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- Old Second Bancorp First Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Old Second Bancorp, Inc. (NASDAQ:OSBC) Passed Our Checks, And It's About To Pay A US$0.05 Dividend [Yahoo! Finance]Yahoo! Finance
- Old Second Bancorp, Inc. (NASDAQ: OSBC) had its "overweight" rating re-affirmed by analysts at Stephens. They now have a $17.00 price target on the stock.MarketBeat
OSBC
Earnings
- 4/17/24 - In-Line
OSBC
Sec Filings
- 4/24/24 - Form 4
- 4/19/24 - Form ARS
- 4/19/24 - Form DEF
- OSBC's page on the SEC website