OSBC reports $0.54 EPS for Q2 2026 as management projects net interest margin to remain above 5% through year-end.
Old Second Bancorp posted Q2 2026 net income of $28.2 million, or $0.54 per diluted share, with a return on assets of 1.65%. The results reflect ongoing buyback activity and stable profitability metrics amid a competitive lending environment.
The company guided net interest margin to approximately 5.18% in Q3 and 5.15% in Q4, slightly below prior quarters but above industry averages. Analysts had anticipated modest compression due to rising funding costs and loan pricing pressures.
Management highlighted continued share repurchase programs as a key driver of earnings stability, though no immediate market reaction was disclosed in the earnings call summary.