For the quarter ended September 2024, Previous Second Bancorp (OSBC) reported income of $71.16 million, down 2.4% over the identical interval final yr. EPS got here in at $0.51, in comparison with $0.55 within the year-ago quarter.
The reported income represents a shock of +0.30% over the Zacks Consensus Estimate of $70.95 million. With the consensus EPS estimate being $0.48, the EPS shock was +6.25%.
Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher undertaking a inventory’s value efficiency.
Right here is how Previous Second Bancorp carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Web Curiosity Margin: 4.6% versus the three-analyst common estimate of 4.6%.
- Effectivity Ratio: 53.4% in comparison with the 53% common estimate based mostly on three analysts.
- Whole curiosity incomes belongings – Common Stability: $5.22 billion versus the two-analyst common estimate of $5.26 billion.
- Whole noninterest revenue: $10.58 million in comparison with the $10.62 million common estimate based mostly on three analysts.
- Wealth administration: $2.79 million in comparison with the $2.81 million common estimate based mostly on two analysts.
- Monetary Companies- Service fees on deposits: $2.65 million in comparison with the $2.52 million common estimate based mostly on two analysts.
- Different revenue: $1.60 million versus the two-analyst common estimate of $0.93 million.
- Web acquire (loss) on gross sales of mortgage loans: $0.51 million versus the two-analyst common estimate of $0.47 million.
- Change in money give up worth of BOLI: $0.86 million versus the two-analyst common estimate of $0.81 million.
- Card associated revenue: $2.59 million versus the two-analyst common estimate of $2.62 million.
- Web curiosity and dividend revenue: $76.07 million versus the two-analyst common estimate of $60.28 million.
- Web Curiosity Earnings (FTE): $60.93 million versus the two-analyst common estimate of $60.71 million.
View all Key Company Metrics for Old Second Bancorp here>>>
Shares of Previous Second Bancorp have returned -4.5% over the previous month versus the Zacks S&P 500 composite’s +3.5% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out in step with the broader market within the close to time period.
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Old Second Bancorp, Inc. (OSBC) : Free Stock Analysis Report
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