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0 -0.00070821529745041 0.00283286118980164 0.00488668555240787 0.00708215297450422 0.0081444759206799 0.00779036827195463 0.0212464589235127
Stock impact report

Old Second Bancorp Shares on Pace For Biggest Decline Since 2020 After 4Q Profit Drop [MarketWatch]

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: MarketWatch
The stock was down 8.9% to $14.01, at 12:02 p.m. ET. The shares are on pace for their largest percentage decrease since April 15, 2020, when they fell 9.2%. Advertisement After the market closed on Wednesday the parent company of Old Second National Bank posted a net profit of $18.2 million, or 40 cents a share, compared with $24.3 million, or 54 cents a share, for the same period a year ago. The lender recorded a net provision of credit losses of $8 million, up from a provision of $3 million in the prior quarter and a provision of $1.5 million a year ago. Old Second Bancorp ended the year with a common equity Tier 1 ratio--a key measure of balance-sheet strength--of 12.32% from 12.49% in the prior quarter. Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix Show less Read more
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