Old Second Bancorp Inc.: Old Second Bancorp, Inc. Reports Second Quarter 2026 Net Income of $28.2 Million, or $0.54 per Diluted Share
Old Second Bancorp (NASDAQ:OSBC) reported Q2 2026 net income of $28.2 million, or $0.54 per diluted share, up from $25.6 million, or $0.48, in Q1 2026. Adjusted net income was $28.7 million. Net interest and dividend income rose to $83.3 million; NIM was 5.23%. Board declared a $0.07 dividend payable Aug. 10.
How this was made
The 30-second read
Why it matters
Traders can reassess OSBC’s earnings power from NIM expansion, operating efficiency improvement, and credit-loss provisioning, while monitoring whether the cited charge-offs remain contained.
Market read
A fresh quarterly earnings and credit-quality update for OSBC, with NIM at 5.23%, provision for credit losses at $7.5M, and a dividend declared for near-term cash-flow expectations.
What to watch
Deposit decline (down 2.16% QoQ) and higher tax provision versus prior quarter could pressure future earnings if funding costs reaccelerate or credit losses broaden beyond the cited relationships.
Background
Old Second Bancorp (NASDAQ:OSBC) released its second-quarter 2026 financial results, including net income, margin metrics, credit quality, and a declared cash dividend.
Ticker impact
Old Second Bancorp reported Q2 2026 net income of $28.2M, or $0.54 per diluted share, plus NIM at 5.23% and credit-loss provision of $7.5M.
Likely modest positive bias if investors view NIM strength and improving nonperforming loans as offsetting elevated charge-offs.
The article discloses a complete quarterly earnings datapoint set (income, margins, credit metrics) and a same-day dividend declaration, which can move regional bank sentiment, though no explicit guidance or consensus comparison is provided.
Market effects
Adds another datapoint on regional bank net interest margin resilience and credit-cost trajectory, relevant for peers with similar loan mixes.
May influence sentiment toward Midwest/Illinois community and regional banks via read-across on deposit costs and commercial real estate credit quality.
Low; this is a single-bank earnings release with no stated macro or cross-border linkage.
Counterpoint
Despite improved NIM and lower nonperforming loans, the company highlights relatively elevated net charge-offs tied to specific credits, which could foreshadow uneven future credit performance.
Key entities
- companyOld Second Bancorp, Inc.
Parent company of Old Second National Bank; reported Q2 2026 results and declared a cash dividend.
- subsidiaryOld Second National Bank
Operating bank referenced as part of the company’s earnings and balance-sheet performance.
- governanceBoard of Directors
Declared a cash dividend of $0.07 per share payable Aug 10, 2026.
