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2023-04-13 13:18:24 ET O2 Sponsor Finance, a division of Old Second National Bank, has provided senior secured credit facilities to support Hastings Equity Partners' acquisition of TERRA Staffing Group. TERRA operates out of 18 offices across five states and provides its customers...
CHICAGO, IL / ACCESSWIRE / April 13, 2023 / O2 Sponsor Finance, a division of Old Second National Bank, today announced that it provided senior secured credit facilities to support Hastings Equity Partners' acquisition of TERRA Staffing Group ("TERRA"). Headquartered in Everett, Washington, TER...
2023-03-30 08:30:51 ET Summary OSBC is offering lower rates on deposits than its peers. Therefore, it will have to let its deposit costs rise or risk losing its customers to competitors. Economic factors portend lower-than-average loan growth for this year. The December 2023 t...
CHICAGO, IL / ACCESSWIRE / March 21, 2023 / O2 Sponsor Finance, a division of Old Second National Bank, today announced that it served as senior secured credit facilities administrative agent and lead arranger for over $44 million in senior secured credit facilities to support Soundcore Capital ...
Old Second Bancorp, Inc. (OSBC) Q4 2022 Earnings Conference Call January 26, 2023 11:00 a.m. ET Company Representatives Jim Eccher - Chief Executive Officer Brad Adams - Chief Financial Officer Gary Collins - Vice Chairman of the Board Conference Call Participant...
Old Second Bancorp press release ( NASDAQ: OSBC ): Q4 GAAP EPS of $0.52 in-line. Revenue of $64.1M (+124.1% Y/Y) For further details see: Old Second Bancorp GAAP EPS of $0.52 in-line, revenue of $64.1M
AURORA, IL / ACCESSWIRE / January 25, 2023 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), today announced financial results for the fourth quarter of 2022. Our net income was $23.6 millio...
Old Second Bancorp ( NASDAQ: OSBC ) has declared $0.05/share quarterly dividend, in line with previous. Payable Feb. 6; for shareholders of record Jan. 27; ex-div Jan. 26. See OSBC Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Old S...
Summary Thanks to the highly rate-sensitive loan portfolio, the margin will likely continue to expand in upcoming quarters. Loan growth will likely slow down due to high interest rates and Illinois’ below-average economy. The December 2023 target price suggests a moderately h...
CHICAGO, IL / ACCESSWIRE / November 21, 2022 / O2 Sponsor Finance, a division of Old Second National Bank, today announced that it provided $13,350,000 in senior secured credit facilities to support West Edge Partners acquisition of Dakotaland Autoglass ("DAG" or the "Company"). DAG is a le...
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2024-07-25 09:00:23 ET Old Second Bancorporation Inc. (OSBC) declaring a stock dividend of $0.05 per share on Ex-Date : July 26, 2024. Shareholders on record as of July 26, 2024 are eligible for the dividend. The payment date is scheduled for August 05, 2024, and the declaration was...
AURORA, IL / ACCESSWIRE / July 17, 2024 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), today announced financial results for the second quarter of 2024. Our net income was $21.9 million, ...
CHICAGO, IL / ACCESSWIRE / July 9, 2024 / O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), today announced that it provided senior secured credit facilities to support Encore Consumer Capital ("Encore") in its acquisition of Chalet Desserts ("Chalet"). Based in Sacramen...