In a report released today, Brian Martin from Janney Montgomery maintained a Buy rating on Old Second Bancorp (OSBC – Research Report). The company’s shares closed last Friday at $14.43.
Martin covers the Financial sector, focusing on stocks such as First Community, Bank OZK, and F.N.B.. According to TipRanks, Martin has an average return of 23.7% and a 66.67% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Old Second Bancorp with a $18.00 average price target.
Based on Old Second Bancorp’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $69.96 million and a net profit of $18.23 million. In comparison, last year the company earned a revenue of $73.04 million and had a net profit of $23.62 million
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Old Second Bancorp (OSBC) Company Description:
Old Second Bancorp, Inc. is a bank holding company, which engages in the provision of traditional retail and commercial banking services through its wholly owned subsidiaries. Its services includes personal banking, loans, business banking, and wealth management. The company was founded in 1981 and is headquartered in Aurora, IL.
