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KBRA Comments on Old Second Bancorp, Inc.'s Proposed Acquisition of Bancorp Financial, Inc.

1. OSBC announced a definitive merger with Bancorp Financial, Inc. 2. The transaction is a 75% stock and 25% cash deal aimed at strategic synergies.

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FAQ

Why Bullish?

The merger is expected to boost OSBC’s asset base and operational strength, similar to successful bank consolidations in the past that led to strong stock performance.

How important is it?

The definitive merger agreement directly reshapes OSBC’s market profile and financials, indicating a high potential impact on its future valuation.

Why Long Term?

Integration benefits and synergies from mergers in the banking sector typically unfold over several quarters to years, enhancing future growth.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On February 25, 2025, Old Second Bancorp, Inc. (NASDAQ: OSBC) ("Old Second" or "the company") (KBRA senior unsecured debt rating: BBB / Stable Outlook), the parent company of Old Second National Bank, announced a definitive merger agreement with privately-owned Bancorp Financial, Inc., the parent company of Evergreen Bank Group ("Evergreen"). Under the agreement, Bancorp Financial, Inc. would merge with and into OSBC in a stock-and-cash transaction (75% stock / 25% ca.

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