- OSBC -6.40%
DA Davidson raised the firm’s price target on Old Second Bancorp (OSBC) to $23 from $22 and keeps a Neutral rating on the shares after its Q4 earnings beat. The benefits, and drawbacks, of the Evergreen acquisition were very evident in Q4 with a nose bleed 5.00% net interest margin, coupled with higher than historical net charge-offs, the analyst tells investors in a research note. Growth looks to inflect higher in 2026 with sound cost control, but an elevated non-performing asset balance vs. peers bears watching, the firm added.
Claim 50% Off TipRanks Premium
-
Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-
Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on OSBC:
Disclaimer & DisclosureReport an Issue
-
Old Second Bancorp reports Q4 adjusted EPS 58c, consensus 54c
