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Old Second Bancorp Inc - $OSBC STOCK NEWS

Welcome to our dedicated page for Old Second Bancorp news (Ticker: $OSBC), a resource for investors and traders seeking the latest updates and insights on Old Second Bancorp stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Old Second Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Old Second Bancorp's position in the market.

Rhea-AI Summary
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-3.85%
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Rhea-AI Summary
O2 Sponsor Finance provides $25 million in credit facilities to support PumpTech's acquisitions of Alpha Southwest and Pipestone.
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-0.55%
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Rhea-AI Summary
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-1.55%
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Rhea-AI Summary
Old Second Bancorp, Inc. announces financial results for Q2 2023 with net income of $25.6 million. Adjusted net income also at $25.6 million. Net interest and dividend income at $63.6 million. Noninterest income at $8.2 million. Noninterest expense at $34.8 million. Dividend of $0.05 per share declared. Total assets at $5.88 billion. Nonperforming loans at $61.2 million. Total loans at $4.02 billion. Available-for-sale securities at $1.34 billion.
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3.39%
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-3.34%
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4.38%
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Old Second Bancorp Inc

Nasdaq:OSBC

OSBC Rankings

OSBC Stock Data

643.98M
40.30M
4.98%
70.6%
1.4%
Commercial Banking
Finance and Insurance
Link
United States of America
AURORA

About OSBC

unlike other chicago-area banks, our heritage traces the advancement and evolution of the banking industry and the growth and expansion of the chicago metropolitan area. the same local spirit that sparked that original group of early settlers to invest in and finance their town’s growth helped guide us as old second expanded throughout kane, kendall, dekalb, dupage, cook, lasalle and will counties and the surrounding communities. in addition to their commitment to community, our founders’ fiscal discipline remains among our bank’s guiding principles. backed by an unwavering sense of financial responsibility, we’ve persevered through the most challenging and rewarding economic climates and historical events of the late-19th century, the entire 20th century and the early 21st century. our balance sheet remains solid, our credit rating remains strong and our dedication to building strong and lasting relationships with our customers remains unparalleled. since 1871, old second consistently