Old Second Bancorp (OSBC) Q3 2026 earnings summary

Executive summary

• Q3 2026 net income was $28.9M, or $0.56 per diluted share, vs. $28.2M and $0.54 in Q2; adjusted net income was $28.5M and adjusted diluted EPS $0.55.

• Strong margin and efficiency supported profitability; management said credit indicators improved and expects solid results for the remainder of 2026.

Financial highlights

• Net interest and dividend income was $84.0M, up $720K, or 0.86% QoQ; provision for credit losses was $6.8M vs. $7.5M.

• Noninterest income was $13.1M, down $191K, or 1.44% QoQ; noninterest expense was $51.6M, up $370K, or 0.72%.

• Net income was $28.9M; income before taxes was $38.7M and provision for income taxes was $9.8M.

• Total assets were $6.78B, total loans $5.24B, and total deposits $5.33B at quarter-end.

Outlook and guidance

• Management expects to deliver solid results for the remainder of 2026, citing improved credit trends and strong balance-sheet and income-statement trends.

• In Q4, the quarterly common dividend was increased 14%, to $0.08 per share, following the board's October 20 declaration.