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Old Second Bancorp, Inc. Reports Fourth Quarter 2024 Net Income of $19.1 Million, or $0.42 per Diluted Share

1. Old Second's Q4 2024 net income decreased to $19.1 million. 2. Earnings per share declined from $0.50 to $0.42 quarter-over-quarter.

Earnings
-2.41%Current Return
VS
+0.55%S&P 500
$18.6801/22 04:42 PM EDTEvent Start
$18.2301/23 11:16 PM EDTLatest Updated
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FAQ

Why Bearish?

The decrease in net income and earnings per share may concern investors, similar to how profit drops impacted stock prices of peers previously.

How important is it?

Earnings results typically influence stock prices significantly, especially when reflecting negative trends.

Why Short Term?

This financial underperformance could lead to immediate investor reactions, akin to past earnings disappointments causing short-term declines.

Related Companies

OSBC
AURORA, IL / ACCESS Newswire / January 22, 2025 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), today announced financial results for the fourth quarter of 2024. Our net income was $19.1 million, or $0.42 per diluted share, for the fourth quarter of 2024, compared to net income of $23.0 million, or $0.50 per diluted share, for the third quarter of 2024, and net income of $18.2 million, or $0.40 per diluted share, for the fourth quarter of 2023.

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